M&A Editorial News

Credit Suisse mulls share sale over IPO

Swiss banking giant Credit Suisse is considering a potential share sale, two people with knowledge of the matter told Reuters....

Posted on Fri, 24 Mar 2017 14:51:57 GMT | Read more...

WideOpenWest to go public

Competitive US cable television provider WideOpenWest has got the ball rolling on an initial public offering (IPO) with a USD 100.00 million placeholder, though Renaissance Capital has estimated the listing could be worth up to USD 750.00 million....

Posted on Fri, 24 Mar 2017 14:37:37 GMT | Read more...

Chinese company becomes largest investor in SeaWorld

Blackstone is selling its 21.0 per cent interest in struggling theme park and attractions company SeaWorld Entertainment to Chinese holding company Zhonghong Zhuoye Group for about USD 429.07 million....

Posted on Fri, 24 Mar 2017 14:29:06 GMT | Read more...

ASV seeks Nasdaq quote

ASV is returning to the stock market after a nine-year hiatus, only the US compact track loader (CTL) and skid steer loader (SSL) equipment manufacturer is listing under a holding company and not the name used up until 2008....

Posted on Fri, 24 Mar 2017 13:58:30 GMT | Read more...

Kangni makes acquisition, raises funds

Nanjing Kangni Mechanical & Electrical is expanding its business model into the electronic component sector through the acquisition of Guangdong Longxin Technology for CNY 3.40 billion (USD 493.67 million)....

Posted on Fri, 24 Mar 2017 13:43:20 GMT | Read more...

Pret reconsiders IPO after brushing off rumours in 2015: Reuters

Pret A Manger, the UK-based restaurant chain, is said to be working on an initial public offering (IPO) as private equity owners hire an advisor to assist on the process, people familiar with the matter told Reuters....

Posted on Fri, 24 Mar 2017 13:27:02 GMT | Read more...

Telling to buy remaining stake in wireless telecommunication unit

Telling Telecommunication Holding (Telling) is purchasing the remaining 30.0 per cent interest in China Telling Telecom (CTT) in an all-scrip deal worth CNY 1.06 billion (USD 154.56 million)....

Posted on Fri, 24 Mar 2017 08:27:41 GMT | Read more...

Multi Packaging Solutions buying Paris Art Label

New York-listed Multi Packaging Solutions has announced the signing of a letter of intent to acquire Paris Art Label, a US-headquartered manufacturer of consumer labels and shrink sleeves....

Posted on Thu, 23 Mar 2017 16:18:57 GMT | Read more...

French state could reduce Renault stake: finance minister

The French government cannot rule out the possibility that it will lower its holding in automotive manufacturer Renault, according to the country’s finance minister....

Posted on Thu, 23 Mar 2017 15:59:46 GMT | Read more...

TRIG announces cash call

The Renewables Infrastructure Group (TRIG), a Guernsey-based closed-ended investment fund, is planning a stock placing worth GBP 50.00 million....

Posted on Thu, 23 Mar 2017 15:03:09 GMT | Read more...

Franchise Brands to pick up Metro Rod

Franchise Brands has signed on the dotted line to buy UK drain cleaning and repair services provider Metro Rod from Enserve, a company owned by Rubicon Partners and Grovepoint Capital, for roughly GBP 28.00 million....

Posted on Thu, 23 Mar 2017 15:01:23 GMT | Read more...

Jasco to pick up Cross Fire

Jasco Electronics Holdings has agreed to purchase a stake in South African fire sprinkler system maker Cross Fire Management from John Henry Cross for up to ZAR 52.32 million (USD 4.14 million). ...

Posted on Thu, 23 Mar 2017 14:44:28 GMT | Read more...

Eddie Stobart heading straight to the stock market

Eddie Stobart, the owner of some of the most recognisable lorries in the UK, is mapping out its route for an initial public offering (IPO) in London which could value the supply chain and logistics group at around GBP 550.00 million....

Posted on Thu, 23 Mar 2017 14:17:21 GMT | Read more...

Patterson-UTI and SSE set shareholder meeting date

Patterson-UTI and Seventy Seven Energy (SSE) are each holding a special meeting in mid-April for shareholders to rubber stamp the all-scrip deal to create one of the largest pressure pumping fleets by hydraulic horsepower (HHP)....

Posted on Thu, 23 Mar 2017 14:12:02 GMT | Read more...

Superior on a roll with Uniwheels

Superior Industries International is creating one of the largest global automotive original equipment manufacturers (OEM) wheel suppliers by picking up Germany’s Uniwheels for about USD 715.00 million....

Posted on Thu, 23 Mar 2017 14:07:07 GMT | Read more...

UBOH snaps up Benchmark

United Bancshares (UBOH) is acquiring Benchmark Bancorp to better compete in its local market as the wave of banking consolidation, driven by compliance costs and capital hurdles, continues to sweep across the US....

Posted on Thu, 23 Mar 2017 13:42:22 GMT | Read more...

LondonMetric plans placing

UK non-residential real estate investment trust (REIT) has unveiled a share offering valued at more than GBP 97.35 million, in a deal which Peel Hunt, JP Morgan and FTI Consulting have all been hired to advise on. ...

Posted on Thu, 23 Mar 2017 13:21:58 GMT | Read more...

Kabbage lines up to bat for On Deck: Reuters

US online financial technology company Kabbage is about to hit the acquisition trail once it raises fresh equity and has listed small business lending rival On Deck Capital on its radar, sources told Reuters....

Posted on Thu, 23 Mar 2017 13:03:31 GMT | Read more...

Kabbage mulls raising fresh equity: Reuters

US online financial technology company Kabbage is considering hitting the acquisition trail, specifically eyeing up listed rival On Desk Capital, once it raises fresh funds in a new financing round, Reuters reported....

Posted on Thu, 23 Mar 2017 13:03:13 GMT | Read more...

StorageVault to snap up self-storage private Canadian company

StorageVault Canada has agreed to acquire an unnamed privately-held Canadian self-storage provider from its shareholders for about CAD 396.60 million (USD 296.67 million). ...

Posted on Thu, 23 Mar 2017 12:07:45 GMT | Read more...

IPO may value VolkerWessels at over EUR 2bn: Reuters

The Wessels family is making a move on an initial public offering (IPO) of VolkerWessels that could value the largest construction company in the Netherlands at more than EUR 2.00 billion, including debt, Reuters reported....

Posted on Thu, 23 Mar 2017 12:05:41 GMT | Read more...

Dynatronics to buy Hausmann operations

Dynatronics has agreed to purchase substantially all of the assets of US physical therapy and athletic training products manufacturer Hausmann Industries for around USD 10.00 million in cash, subject to adjustments. ...

Posted on Thu, 23 Mar 2017 12:03:58 GMT | Read more...

Oak Hill plays Checkers for over USD 500mn

Oak Hill Capital Partners is adding another fast food restaurant group to its portfolio by agreeing to acquire Checkers Drive-In Restaurants for USD 525.00 million....

Posted on Thu, 23 Mar 2017 11:54:20 GMT | Read more...

NTPC makes a play for SJVN: Bloomberg

Indian energy conglomerate NTPC is sounding out the possibility of buying the government’s stake in renewable power producer SJVN valued at roughly INR 87.20 billon (USD 1.33 billion), according to Bloomberg....

Posted on Thu, 23 Mar 2017 11:14:38 GMT | Read more...

Toyota speeds off with Vanderlande Industries

Toyota Industries is picking up Dutch luggage and baggage handling firm Vanderlande Industries for about JPY 140.00 billion (EUR 1.16 billion) in its latest expansion effort of 2017....

Posted on Thu, 23 Mar 2017 11:07:42 GMT | Read more...