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Apollo proposed £7.15 per easyJet share, valuing the airline at about £5.7B and topping Castlelake’s £6.90 proposal. EasyJet shares rose about 14% as the board said it was minded to recommend the higher offer.

Blackstone and TPG are seeking more than $4B for Hologic’s surgical unit, the Financial Times reported. The carve-out would help pay down debt and return cash after the firms’ $18.3B buyout of Hologic.

UniCredit $UCG secured a 47.6% holding in Commerzbank $CBK after investors tendered shares into its €44B offer. The position leaves Andrea Orcel just below the 50% threshold and raises the pressure on German regulators and Berlin.

ADNOC Distribution agreed to buy 100% of Shell Downstream South Africa at a $1 billion implied enterprise value before debt and working-capital adjustments. The deal includes 580 fuel stations plus wholesale fuel, aviation and lubricants operations.

Versant $VSNT agreed to acquire golf simulator company Full Swing for about $530M in cash. The deal adds hardware and software to a golf portfolio that already includes Golf Channel, GolfNow and GolfPass.

EasyJet shares rose 10.5% after the airline agreed in principle to a £5.5B ($7.3B) takeover bid from Castlelake. The offer followed a rejected £4.93B proposal and pushed the stock to a new 52-week high.

$BSP ended its Nasdaq debut at $40.50, about 40% above the $29 IPO price, after Bending Spoons completed a roughly $1.68B offering. The SEC prospectus and company release frame the deal as a large software IPO with acquisition currency now marked by public investors.

A £5.7B possible offer for DCC from KKR and Energy Capital Partners is facing opposition from Ninety One, Aviva Investors and Fidelity International. The revised terms are £65.25 in cash plus a £1.4722 final dividend per share, with the consortium due to make-or-walk by July 8.

Lockheed Martin $LMT is in the lead to buy Ultra Maritime in a reported $3.5B deal, according to the Financial Times. The defense M&A talks clear the $500M Tier-1 threshold and could be announced as soon as next week.

Rocket Lab $RKLB agreed to acquire Iridium $IRDM for about $8.0B in enterprise value, with $54 per share split between $27 cash and $27 stock. The offer represented a 24% premium to Iridium’s prior close.

$DLR fell 5% after agreeing to buy Blackstone’s blended 64% equity interest in three Northern Virginia data centers for $3.5B. The assets carry a $7.8B gross value and 288MW of total IT capacity.

Bridgepoint $BPT agreed to acquire Kayne Anderson Real Estate for about $1.393B, including $759M cash and roughly 189M newly issued shares. Reuters reported the stock up 9.3% after the announcement, while Bridgepoint said pro forma AUM would rise to about $117B.