Global firms unveil multibillion-dollar partnerships and acquisitions

MSN
2026.05.16 14:03
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Global firms are forming multibillion-dollar partnerships and acquisitions. Stellantis and Dongfeng will invest over $1.17 billion to produce Peugeot and Jeep EVs in China starting in 2027. Allegiant is set to acquire Sun Country Airlines for $1.5 billion, expanding its fleet to 195 aircraft. Additionally, AT&T, T-Mobile, and Verizon are collaborating on a joint venture for satellite connectivity, while MTestHub and Aston University are launching AI and neuromorphic computing initiatives.