---
title: "Global firms unveil multibillion-dollar partnerships and acquisitions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286647310.md"
description: "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."
datetime: "2026-05-16T14:03:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286647310.md)
  - [en](https://longbridge.com/en/news/286647310.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286647310.md)
---

# Global firms unveil multibillion-dollar partnerships and acquisitions

Automakers expand in China: Stellantis and Dongfeng will invest over $1.17 billion to produce Peugeot and Jeep EVs in China from 2027 for domestic and global markets. Airlines consolidate fleets: Allegiant will acquire Sun Country Airlines for $1.5 billion, creating a combined fleet of 195 aircraft serving about 175 cities. Tech alliances grow: AT&T, T-Mobile, and Verizon plan a joint venture to boost U.S. satellite-based connectivity, while MTestHub and Aston University announce AI and neuromorphic computing initiatives.

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