M&A Editorial News

Cloetta has a sweet tooth for Candyking

Cloetta has agreed to acquire Candyking in a deal that values the Swedish pick and mix maker at SEK 550.00 million (EUR 58.14 million) on a cash and debt free basis....

Posted on Fri, 17 Feb 2017 14:53:15 GMT | Read more...

Hansteen to acquire IMPT

Hansteen Holdings has agreed to purchase UK closed-end investment fund Industrial Multi Property Trust (IMPT) for GBP 25.23 million in a public takeover....

Posted on Fri, 17 Feb 2017 14:42:55 GMT | Read more...

GBM to buy WCB

GBM Resources has agreed to pick up Canadian copper and gold explorer WCB Resources for around CAD 4.64 million (USD 3.55 million) in a deal being described as a merger. ...

Posted on Fri, 17 Feb 2017 14:41:36 GMT | Read more...

Kraft Heinz remains hopeful despite Unilever rejection

Unilever was the top riser on the FTSE 100 by 13:10 today as investors pushed up stock by 12.3 per cent following news the Anglo-Dutch consumer goods giant has turned down a mega-merger proposal by Kraft Heinz....

Posted on Fri, 17 Feb 2017 14:26:17 GMT | Read more...

Activist investor with a stake in Adidas wants to invest in Hugo Boss: report

Shares in Hugo Boss closed up 6.6 per cent yesterday after a German magazine suggested Albert Frere, Belgian’s richest man, picked up a stake and plans to make further investments in the branded retailer....

Posted on Fri, 17 Feb 2017 14:16:32 GMT | Read more...

‘Barrick Gold in talks regarding Australian mine’

Canada’s Barrick Gold is in late stage negotiations with a potential buyer regarding its stake in the Kalgoorlie gold mine in western Australia, president Kelvin Dushnisky told the Financial Times....

Posted on Fri, 17 Feb 2017 14:15:38 GMT | Read more...

Sycamore, Sunrise Brands scrap it out for Limited: Reuters

The bankruptcy proceedings of the Limited have taken a twist as Reuters reported stalking horse bidder Sycamore Partners has a new contender for the women’s apparel retailer which filed for protection last month....

Posted on Fri, 17 Feb 2017 14:09:02 GMT | Read more...

Moog to acquire Morgan division

Moog Holding, a subsidiary of Moog, has agreed to pick up the rotary transfer systems business (Rotary) of UK-based Morgan Advanced Materials for EUR 40.00 million on a cash- and debt-free basis. ...

Posted on Fri, 17 Feb 2017 14:00:24 GMT | Read more...

Secondary offering for Trade Desk

Shareholders of Trade Desk are cashing in on some of their investment at a time when the US provider of tools for digital media buyers announced gross spend on its online demand-side platform surpassed USD 1.00 billion....

Posted on Fri, 17 Feb 2017 13:14:37 GMT | Read more...

Kate Spade to evaluate alternatives

Kate Spade, the US design house known for its handbag and accessories, announced in its results for fiscal 2016 it has hired advisors to weigh up options despite gaining market share amid a challenging retail environment....

Posted on Fri, 17 Feb 2017 13:14:08 GMT | Read more...

Senzime announced cash call

Swedish automated and continuous measurement glucose and lactate device maker Senzime is raising SEK 24.42 million (EUR 2.58 million) in a rights issue....

Posted on Fri, 17 Feb 2017 12:32:54 GMT | Read more...

PF&LG to purchase majority interest in Asset Finance Brokers

Platform Finance & Leasing Group (PF&LG), a subsidiary of Armidale Investment (AIK), has signed on the dotted line to pick up an 80.0 per cent stake in Australian equipment finance agent Asset Finance Brokers for AUD 6.40 million (USD 4.93 million). ...

Posted on Fri, 17 Feb 2017 11:13:56 GMT | Read more...

Gray to purchase WABI and WCJB

Gray Television has agreed to buy television programming and broadcasting services providers WABI-TV and WCJB-TV from Diversified Business Communications for a combined USD 85.00 million....

Posted on Fri, 17 Feb 2017 10:40:01 GMT | Read more...

Yunnan Aluminium to raise CNY 4.5bn

Yunnan Aluminium is going cap in hand to investors for CNY 4.50 billion (USD 656.00 million) to invest in hydropower assets, and ultra-thin aluminium foil and low-grade bauxite projects....

Posted on Fri, 17 Feb 2017 10:03:16 GMT | Read more...

WebMD reviews alternatives

WebMD Health has announced it is working with its management and legal and financial advisors on a range of strategic options to maximise shareholder value....

Posted on Fri, 17 Feb 2017 09:45:36 GMT | Read more...

Zhaopin may accept takeover offer from consortium

Zhaopin has received a preliminary proposal from a group of investors, led by the Chinese career finding platform’s leading shareholder SEEK International Investments which could value the firm at around USD 434.97 million....

Posted on Fri, 17 Feb 2017 09:27:31 GMT | Read more...

SNCF takes stake in BLS Cargo

BLS is selling off the 45.0 per cent stake in BLS Cargo it repurchased at the beginning of 2015 from Deutsche Bahn’s local unit to the logistics and freight division of France’s national railway operator SNCF. ...

Posted on Fri, 17 Feb 2017 09:20:10 GMT | Read more...

China’s Yuhua Education files for IPO

As part of expansion plans, China Yuhua Education (Yuhua) is listing its equity on the Hong Kong Stock Exchange (HKEX) via an initial public offering (IPO) worth up to HKD 1.91 billion (USD 245.47 million). ...

Posted on Fri, 17 Feb 2017 08:02:27 GMT | Read more...

ConocoPhillips considering sale of Canadian gas assets: Reuters

ConocoPhillips, which has been exploring a number of divestments over the last couple of years, is mulling a potential USD 2.00 billion disposal of its Canadian conventional natural gas assets, Reuters reported....

Posted on Fri, 17 Feb 2017 08:01:01 GMT | Read more...

S&T planning Kontron purchase

German IT systems hardware components manufacturer S&T Deutschland has unveiled the signing of a letter of intent to pick up the balance of Augsburg-headquartered computer modules, boards and systems maker Kontron....

Posted on Thu, 16 Feb 2017 15:37:08 GMT | Read more...

Quest Diagnostics to acquire PeaceHealth activities

New York-listed Quest Diagnostics has agreed to take over the outreach laboratory services activities of PeaceHealth Laboratories....

Posted on Thu, 16 Feb 2017 15:36:37 GMT | Read more...

Assiteca to pick up CDM

Assiteca has inked an agreement to acquire Italian insurance broker CDM Insurance Brokers from Federico Cangemi for EUR 1.50 million to be settled across three different tranches. ...

Posted on Thu, 16 Feb 2017 15:04:02 GMT | Read more...

Sunoco to pick up Peninsula Packaging

Sunoco is picking up thermoformed plastic packaging company Peninsula Packaging for USD 230.00 million from Odyssey Investment Partners....

Posted on Thu, 16 Feb 2017 14:58:46 GMT | Read more...

Canada Goose takes a flutter on the stock market

Canadian winter coat maker Canada Goose has ended several months of speculation after filing to go public both at home and in the US in order to boost brand awareness south of the border and accelerate scale in Western Europe....

Posted on Thu, 16 Feb 2017 14:52:24 GMT | Read more...

Imperial Logistics to snap up majority interest in Surgipharm

Imperial Logistics, a subsidiary of Imperial Holdings, has agreed to purchase a 70.0 per cent stake in Kenyan pharmaceutical preparations manufacturer Surgipharm for USD 35.00 million in cash. ...

Posted on Thu, 16 Feb 2017 14:17:46 GMT | Read more...