Deals of the day-Mergers and acquisitions

Dynatrace

28/04/2026 11:02

April 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace  and is advocating for strategic changes to help boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive.

nL6N41A1CG

** Brazilian state-run firm Petrobras  announced on Monday an agreement to acquire a portion of the Argonauta oil field's ring-fence in the Campos Basin for some $290 million.

nS0N41001J

** Investment firms Stonepeak and Bernhard Capital said on Monday they will acquire Louisiana electricity supplier Cleco Group for an undisclosed value from a consortium that includes Macquarie Asset Management.

nL6N41A129

(Compiled by Rajarshi Roy in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))