Madison Air to Buy ebm-papst for $5.4 Billion

Madison Air Solutions (NYSE: MAIR) agreed to buy ebm-papst for $5.4 billion, per an August 17 report. That's more than double the $2.3 billion it raised when it first sold shares to investors in April 2026 — the biggest U.S. stock offering this year. The company hasn't said how it will pay for the deal.