Key Takeaways
- • Some BP board members reportedly favor splitting up the oil and gas major, according to Law360 reporting dated October 29, 2026.
- • Marvell Technology is in "advanced discussions" to acquire laser maker Lumentum in a deal that could be valued at up to $83 billion.
- • TPG is considering an acquisition of British data center group Ark from Elliott Investment Management.
- • The article is a roundup of three separate deal and governance rumors, and the primary source does not provide confirmed terms or official statements for any of them.
Summary
Some board members of BP could be in favor of splitting up the energy company, according to Law360, which reported the development on October 29, 2026. The report characterizes the sentiment as internal support among certain directors rather than a formal board decision, and no restructuring plan or timeline is detailed in the available text.
Separately, Marvell Technology is in "advanced discussions" to acquire laser maker Lumentum in a transaction that could be valued at up to $83 billion. The reported figure is a ceiling rather than an agreed price, and the source does not specify the deal structure or the status of regulatory review.
In a third item, private equity firm TPG is considering acquiring Ark, a British data center group, from Elliott Investment Management. Elliott's position as the seller points to an activist-backed holding being considered for exit, though the primary source does not confirm terms or valuation.
The Law360 piece is a headline roundup, and its full text is behind a subscription paywall. Readers should treat all three items as unconfirmed reports pending further disclosure from the companies or investors involved.
Separately, Marvell Technology is in "advanced discussions" to acquire laser maker Lumentum in a transaction that could be valued at up to $83 billion. The reported figure is a ceiling rather than an agreed price, and the source does not specify the deal structure or the status of regulatory review.
In a third item, private equity firm TPG is considering acquiring Ark, a British data center group, from Elliott Investment Management. Elliott's position as the seller points to an activist-backed holding being considered for exit, though the primary source does not confirm terms or valuation.
The Law360 piece is a headline roundup, and its full text is behind a subscription paywall. Readers should treat all three items as unconfirmed reports pending further disclosure from the companies or investors involved.
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