M&A Editorial News

Group1001 acquires Lackawanna

US insurance holding company Group1001 is expanding its Clear Spring brand of coverage companies by acquiring the seventh-largest writer of worker’s compensation in Pennsylvania....

Posted on Fri, 16 Nov 2018 14:34:47 GMT | Read more...

BankFirst to acquire FNB Bancshares

The wave of consolidation within the US’s smaller banking players has now swept up BankFirst Capital and FNB Bancshares of Central Alabama, just a day after FirstCapital Bank of Texas announced merger plans with Fidelity Bank....

Posted on Fri, 16 Nov 2018 14:27:22 GMT | Read more...

ADES to acquire ADC

Advanced Emissions Solutions (ADES) has reached an agreement to acquire powdered activated carbon group for the coal-fired power plant, industrial and water markets, ADA Carbon Solutions for USD 75.00 million....

Posted on Fri, 16 Nov 2018 13:48:35 GMT | Read more...

‘Multiple suitors circling ADP’

Aeroports de Paris is attracting interest from a number of potential suitors, according to Reuters, citing comments made by France’s Commissioner for State Holdings....

Posted on Fri, 16 Nov 2018 13:42:43 GMT | Read more...

Spectrum to spin off GAC to Energizer

Spectrum Brands Holdings’ global auto care (GAC) business, which includes brands ArmorAll and STP, is being snatched up by Energizer Holdings for USD 1.25 billion. ...

Posted on Fri, 16 Nov 2018 13:40:34 GMT | Read more...

MJardin plants seed for GrowForce deal

MJardin Group, said to be a leader in cannabis management, has sent a letter of intent to acquire Toronto-based marijuana platform GrowForce Holdings for around CAD 278.00 million (USD 210.35 million). ...

Posted on Fri, 16 Nov 2018 11:07:51 GMT | Read more...

Post is planning IPO of nutrition unit

After reporting its fiscal 2018 financial results, Post Holdings unveiled plans to chew off roughly 20.0 per cent of its active nutrition business by way of an initial public offering (IPO) in the second half of next year. ...

Posted on Fri, 16 Nov 2018 11:02:23 GMT | Read more...

Sabre to snatch up Farelogix

Sabre Corporation, in a move to enhance its standing as a leading travel technology provider, is buying airline technology company Farelogix for USD 360.00 million. ...

Posted on Fri, 16 Nov 2018 10:32:42 GMT | Read more...

Armstrong whittles wood flooring unit

Armstrong Flooring has entered into an agreement to sell its wood terrazzo business to an affiliate of American Industrial Partners (AIP) for USD 100.00 million, subject to working capital, debt and other adjustments. ...

Posted on Fri, 16 Nov 2018 10:20:41 GMT | Read more...

ABB jolts on power grid sale: Reuters

Rumours kicked off in August by Bloomberg regarding ABB selling its power grid arm are not dying down as Reuters has just reported Asian suitors are in discussions for the business valued at over USD 11.00 billion, including debt....

Posted on Fri, 16 Nov 2018 09:40:05 GMT | Read more...

Nordzucker to possibly buy Mackay: Reuters

Nordzucker is involved in discussions to buy Australia-based Mackay Sugar and expand its portfolio, a spokeswoman for the business told Reuters. ...

Posted on Fri, 16 Nov 2018 08:42:36 GMT | Read more...

JD looking to sell off FTLife: Reuters

JD Group, according to three people close to the matter, is planning to spin off its Hong-Kong based insurance arm FTLife Insurance in a bid to fetch between USD 2.00 billion to USD 2.50 billion, Reuters noted. ...

Posted on Fri, 16 Nov 2018 08:39:31 GMT | Read more...

INEOS buying Ashland’s composites business

Swiss chemicals and oil products manufacturer INEOS Enterprises has signed on the dotted line to pick up the composites business of Ashland Global Holdings, its New York-listed peer....

Posted on Thu, 15 Nov 2018 15:35:34 GMT | Read more...

Ice works on IPO

Norwegian Ice is skating towards what Zephyr, the M&A database published by Bureau van Dijk, shows may be one of the largest initial public offerings (IPOs) targeting Scandinavia’s telecommunications sector on record....

Posted on Thu, 15 Nov 2018 15:00:48 GMT | Read more...

General Atlantic hurdles towards Premiership Rugby: FT

General Atlantic is the latest firm to join the scrum of investors looking to acquire Premiership Rugby, which has been the target of interest for a number of months, the Financial Times reported....

Posted on Thu, 15 Nov 2018 14:56:52 GMT | Read more...

Gettop attuned with 1more acquisition

Gettop Acoustic is within earshot of getting its hands on 1more Acoustics Technology via a major asset reorganisation worth CNY 3.41 billion (USD 490.22 million) aimed at bolstering its bottom line....

Posted on Thu, 15 Nov 2018 14:12:47 GMT | Read more...

Hotelbeds flags down HolidayTaxis

Cinven- and Canada Pension Plan Investment Board (CPPIB)-backed Hotelbeds has signalled its commitment to growth in the rapidly-expanding ancillary distribution space by taking over the wheel of UK-based HolidayTaxis (HTG)....

Posted on Thu, 15 Nov 2018 14:12:30 GMT | Read more...

Arcosa looks to expand speciality material offerings with ACG

Arcosa, a US-based infrastructure-related products manufacturer, has agreed to acquire ACG Materials for about USD 315.00 million, with hopes the deal will increase earnings in the first year after closing. ...

Posted on Thu, 15 Nov 2018 13:29:56 GMT | Read more...

CJ CheilJedang agrees acquisition of Schwan’s

South Korea’s CJ CheilJedang is continuing its expansion into the US with a USD 1.84 billion agreement to acquire North American frozen food company Schwan’s. ...

Posted on Thu, 15 Nov 2018 12:09:25 GMT | Read more...

Greektown targeted in USD 1bn deal

Greektown Casino is being taken over in a two-part deal that values the hotel and gaming business at roughly USD 1.00 billion....

Posted on Thu, 15 Nov 2018 12:08:11 GMT | Read more...

Levi squeezes into old Wall Street jeans with plans of a USD 5bn valuation in an IPO: CNBC

Blue jean giant Levi Strauss is trying on a return to the public markets as people familiar with the company’s plans tell CNBC an initial public offering is being planned for the first quarter of 2019. ...

Posted on Thu, 15 Nov 2018 12:07:43 GMT | Read more...

Ruyi looking to rack up more deals: Chairman

Shandong Ruyi, a China-based textiles and clothing company, is pursuing more global acquisitions, it’s chairman Qui Yafu said, as it looks to compete with rival businesses such as LVMH, Reuters reported....

Posted on Thu, 15 Nov 2018 08:08:35 GMT | Read more...

Tencent could take part in Amer acquisition: Bloomberg

The potential addition of Tencent to a consortium tracking Amer Sports could let the Finnish athletic equipment manufacturer hurdle barriers to the Chinese market ahead of the upcoming 2022 Olympic Games in Asia, Bloomberg reported....

Posted on Wed, 14 Nov 2018 14:30:12 GMT | Read more...

Pan American to create world’s largest silver miner with purchase of Tahoe

Pan American Silver has reached an agreement to take over Tahoe Resources for USD 1.29 billion in cash and stock in a bid to create a world-leading silver mining company. ...

Posted on Wed, 14 Nov 2018 14:08:02 GMT | Read more...

AXA to raise over USD 1bn from EQH shares

AXA is taking cash off the table via a secondary offering of AXA Equitable Holdings (EQH) stock worth as much as USD 1.22 billion in the markets prior to the announcement....

Posted on Wed, 14 Nov 2018 12:03:25 GMT | Read more...