M&A Editorial News

Sany to spin off units: Reuters

Sany Group is planning to divest four of its business units, according to Reuters....

Posted on Mon, 20 Aug 2018 14:13:56 GMT | Read more...

Eurovia to buy Asphalt

Eurovia has signed an agreement with Salini Impreglio Group to buy Lane Construction’s Asphalt Plans & Paving division for USD 555.00 million....

Posted on Mon, 20 Aug 2018 11:40:56 GMT | Read more...

PepsiCo tables USD 3.2bn bid for SodaStream

PepsiCo is continuing its expansion into the health market with a USD 3.20 billion offer to acquire Israel-based SodaStream. ...

Posted on Mon, 20 Aug 2018 11:23:01 GMT | Read more...

ATA picks up Beijing Biztour

ATA has announced it is to buy China-based educational study tour and travel services company Beijing Biztour International Travel Service for CNY 50.00 million (USD 7.24 million)....

Posted on Fri, 17 Aug 2018 14:55:44 GMT | Read more...

Investors already lining up for Paris airport operator ADP: Reuters

Multiple consortiums have expressed interest in buying a majority stake in Aeroports de Paris (ADP), three financial sources told Reuters. ...

Posted on Fri, 17 Aug 2018 13:52:28 GMT | Read more...

Mitsubishi to acquire minority stake in Summit LNG

Japan’s Mitsubishi is tapping into the Bangladesh liquified natural gas (LNG) market by picking up a 25.0 per cent stake in the LNG terminal operations of Summit for an undisclosed amount. ...

Posted on Fri, 17 Aug 2018 13:52:01 GMT | Read more...

Boeing to buy Millennium

Boeing is buying US-based Millennium Space Systems, a developer of small military satellite services for an undisclosed sum. ...

Posted on Fri, 17 Aug 2018 13:42:09 GMT | Read more...

Zoe’s Kitchen pops on Cava bid

Cava Group is taking Zoe’s Kitchen private for an enterprise value of USD 300.00 million to drive additional growth by leveraging scale and a larger footprint to expand investments in the food service sector....

Posted on Fri, 17 Aug 2018 13:26:30 GMT | Read more...

LG CNS to spin off Danbee

LG CNS has announced plans to spin off in-house venture Danbee as part of the artificial intelligence-powered (AI-powered) smart chatbot systems developer’s next stage of growth....

Posted on Fri, 17 Aug 2018 13:20:07 GMT | Read more...

Shearwater woos Brookcourt

Shearwater Group is buying UK cyber and network security services provider Brookcourt Solutions for GBP 30.30 million in cash and shares to gain access to a larger enterprise client base....

Posted on Fri, 17 Aug 2018 13:19:40 GMT | Read more...

PSG picking up ExakTime stake

Providence Strategic Growth (PSG) has signed on the dotted line to acquire a majority stake in ExakTime, a California-based provider of digital time and attendance technology....

Posted on Fri, 17 Aug 2018 12:47:22 GMT | Read more...

NN Group is buying Aegon’s assets in Czech Republic and Slovakia

Aegon, billed as one of the world’s leading financial service organisations, has agreed to offload its life insurance operations in Czech Republic and its pension business in Slovakia to NN Group for EUR 155.00 million. ...

Posted on Fri, 17 Aug 2018 12:08:38 GMT | Read more...

Bauer Media snaps up Jazz FM

Bauer Media’s UK arm is buying radio station Jazz FM from GMG Radio for an undisclosed sum....

Posted on Fri, 17 Aug 2018 11:42:48 GMT | Read more...

Luxshare to list smartphone camera module unit: report

Luxshare Precision Industry is working on listing its camera module manufacturing unit in Hong Kong within the next one to two years as part of plans to shake up the supply chain market, the Nikkei Asian Review reported....

Posted on Fri, 17 Aug 2018 10:31:32 GMT | Read more...

Maersk confirms recent reports that it is separating from its Maersk Drilling unit

Denmark-based conglomerate AP Moller-Maersk confirmed an earlier report by Bloomberg that it is planning an initial public offering (IPO) of its Maersk Drilling business. ...

Posted on Fri, 17 Aug 2018 10:00:58 GMT | Read more...

Mafengwo eyes another funding round: Reuters

Chinese travel services and social networking platform Mafengwo is considering pulling the trigger on a USD 300.00 million funding round to improve resources, products and existing content, Reuters reported....

Posted on Fri, 17 Aug 2018 08:17:19 GMT | Read more...

GTCR sells GreatCall to Best Buy

GTRC is selling US-based GreatCall, described as a leader in the provision of health and personal emergency response services for the elderly, to Best Buy for USD 800.00 million in cash....

Posted on Thu, 16 Aug 2018 14:07:51 GMT | Read more...

Rio Tinto seeking bidders for Canadian iron-ore business: Sky News

Rio Tinto is weighing options of its stake in Iron Ore Company of Canada (IOC), including a sale that could bring in as much as USD 6.00 billion in cash, Sky News reported. ...

Posted on Thu, 16 Aug 2018 14:05:33 GMT | Read more...

KKR, Silver Lake pare stakes in GoDaddy

Three shareholders are continuing to pare their stakes in GoDaddy, this time putting a combined 10.39 million shares on the block at a price of USD 75.75 apiece to raise USD 787.11 million....

Posted on Thu, 16 Aug 2018 13:47:23 GMT | Read more...

MTN mulls private sale, a float for Jumia: Bloomberg

Shareholders of Jumia are considering ways of making a return on their original investment in the African e-commerce marketplace that currently has an enterprise value of roughly USD 1.00 billion, Bloomberg reported....

Posted on Thu, 16 Aug 2018 13:43:45 GMT | Read more...

Movado agrees to buy MVMT Watches

Movado Group has entered an agreement to buy premium watch and jewellery brand MVMT Watches for USD 200.00 million....

Posted on Thu, 16 Aug 2018 13:30:08 GMT | Read more...

ESL Investments bids for Sears’ Kenmore brand

ESL Investments, the hedge fund owned by Sears’ chief executive Edward Lampert, has submitted an approach for the US retail giant’s Kenmore brand of household appliances....

Posted on Thu, 16 Aug 2018 12:22:42 GMT | Read more...

Babytree ‘seeks post-IPO valuation of USD 3bn+’

Babytree wants to raise between USD 800.00 million and USD 1.00 billion from an initial public offering in Hong Kong for a post-listing valuation of USD 3.00 billion to USD 5.00 billion, sources told Reuters....

Posted on Thu, 16 Aug 2018 12:12:01 GMT | Read more...

Amazon mulls purchase of Landmark Theatres: Bloomberg

Amazon, the world’s leading online marketplace, is said to be in the running to acquire US-based cinema chain Landmark Theatres, people familiar with the matter told Bloomberg. ...

Posted on Thu, 16 Aug 2018 11:24:18 GMT | Read more...

Lagardère is purchasing airport food business HBF

Lagardère Travel Retail, a division of France-based Lagardère, has reached an agreement to acquire US-headquartered airport food group Hojeij Branded Foods (HBF) for USD 330.00 million. ...

Posted on Thu, 16 Aug 2018 10:55:24 GMT | Read more...