M&A Editorial News

Takeda weighing sale of Western European drug assets in light of Shire purchase: Reuters

Japanese drug maker Takeda Pharmaceuticals is planning a sale of its Western European portfolio in a deal that could be worth around EUR 1.50 billion, Reuters reported, citing people familiar with the matter....

Posted on Thu, 18 Jul 2019 13:53:45 GMT | Read more...

Permira to acquire Quotient

Private equity firm Permira Funds signed a definitive agreement to acquire a majority stake in Quotient Sciences one day after Bloomberg reported a deal was close and worth around GBP 600.00 million. ...

Posted on Thu, 18 Jul 2019 13:51:08 GMT | Read more...

Aker Energy could float later this year or in 2020: executive

Aker’s chief executive has told Reuters that Aker Energy is waiting for Ghana to approve a revised USD 4.40 billion plan of development and operations (PDO) for the country’s Pecan oilfield before kicking off an initial public offering (IPO)....

Posted on Thu, 18 Jul 2019 13:48:14 GMT | Read more...

General Atlantic ‘closing in on Morphe takeover’

Private equity investor General Atlantic is close to completing an acquisition of a majority shareholding in San Francisco-based cosmetics maker Morphe, people in the know told Reuters....

Posted on Thu, 18 Jul 2019 13:14:38 GMT | Read more...

Essilor eyes a deal with GrandVision

France-based EssilorLuxottica is in talks to acquire a 76.7 per cent stake in Dutch optical retailer GrandVision from HAL Holding....

Posted on Thu, 18 Jul 2019 12:58:12 GMT | Read more...

Stonegate settles tab for EI acquisition

Stonegate Pub Company, the owner behind bar chain Slug & Lettuce, has agreed to buy UK-based pub operator Ei Group for an enterprise value of GBP 2.97 billion in cash....

Posted on Thu, 18 Jul 2019 12:56:45 GMT | Read more...

Thunder II sets IPO higher than Thunder’s 2018 debut

Management of Thunder Bridge are attempting to replicate the success of the special purpose acquisition company (SPAC) by launching another blank check focused on the financial services industry....

Posted on Thu, 18 Jul 2019 11:23:19 GMT | Read more...

Reach enters talks for JPI Media asset purchase

London-listed publisher Reach has opened discussions over a potential acquisition of certain assets belonging to multimedia player JPI Media....

Posted on Thu, 18 Jul 2019 11:20:00 GMT | Read more...

Dynata could be picked up for USD 3bn price tag: Reuters

Private equity owners Court Square Capital Management and HGGC are considering selling US-based survey research company Dynata for a potential USD 3.00 billion, people with knowledge of the matter told Reuters. ...

Posted on Thu, 18 Jul 2019 10:21:14 GMT | Read more...

Yahoo Japan urges changes at Askul

Yahoo Japan is urging Askul to overhaul its top-level leadership in order to introduce and promote new management strategies and measures aimed at improving mid-to-long-term corporate value....

Posted on Thu, 18 Jul 2019 10:02:36 GMT | Read more...

Bank of Zhengzhou seeks CNY 6bn

Bank of Zhengzhou is raising up to CNY 6.00 billion (USD 972.28 million) to supplement core tier I capital, bolster its balance sheet for business development and improve its resistance to risk....

Posted on Thu, 18 Jul 2019 09:58:01 GMT | Read more...

BNDES planning sale of listed assets

Brazil-headquartered bank BNDES is planning a divestment of certain listed assets, according to the company’s new chief executive....

Posted on Thu, 18 Jul 2019 07:11:59 GMT | Read more...

Curaleaf sparks a USD 875 mn takeover of Grassroots

Curaleaf Holdings has reached an agreement to acquire GR Companies, more popularly known as Grassroots, in a deal that values the largest private vertically-integrated multi-state cannabis operator at about USD 875.00 million. ...

Posted on Thu, 18 Jul 2019 06:32:34 GMT | Read more...

Four Seasons to change hands at significant discount: FT

Terra Firma is planning a sale of the UK’s second-largest care home operator Four Seasons in a deal that could be worth as little as GBP 400.00 million, following its GBP 825.00 million debt-fuelled acquisition in 2012, the Financial Times (FT) reported. ...

Posted on Wed, 17 Jul 2019 13:50:56 GMT | Read more...

Ferretti to launch IPO this year

Italian luxury yacht manufacturer Ferretti intends to launch the process for its planned initial public offering (IPO) later this year, according to Reuters....

Posted on Wed, 17 Jul 2019 13:41:27 GMT | Read more...

Sunac acquires Yangtze River Delta land for CNY 6.7bn

Sunac China’s Sunac Real Estate is boosting its land bank in the Yangtze River Delta metropolitan area through the acquisition of a majority stake in two residential property developers from Xinhu Zhongbao for CNY 6.70 billion (USD 974.73 million)....

Posted on Wed, 17 Jul 2019 12:58:49 GMT | Read more...

CMSK may list REIT in Hong Kong: Bloomberg

China Merchants Shekou Industrial Zone Holdings (CMSK) is gearing up to spin off a real estate investment trust (REIT) via an initial public offering (IPO) in Hong Kong potentially worth as much as USD 800.00 million, sources have told Bloomberg....

Posted on Wed, 17 Jul 2019 08:38:57 GMT | Read more...

CRH sells distribution arm in Europe to Blackstone

CRH is finally drawing a line under its distribution operations by entering into an agreement to hand over its Western European-related assets to Blackstone for an enterprise value of EUR 1.64 billion in cash....

Posted on Tue, 16 Jul 2019 15:08:48 GMT | Read more...

Rent-A-Center to snap up Merchants

Rent-A-Center is acquiring US-based C/C Financial, better known as Merchants Preferred, a provider of virtual rent-to-own leasing services, for USD 47.50 million....

Posted on Tue, 16 Jul 2019 14:46:25 GMT | Read more...

Charles Schwab considering buying wealth management division of USAA: WSJ

Charles Schwab is in talks to pick up the brokerage and wealth-management operations from United Services Automobile Association (USAA) in a deal that could be worth around USD 2.00 billion, people with knowledge of the matter told the Wall Street Journal (WSJ). ...

Posted on Tue, 16 Jul 2019 14:41:38 GMT | Read more...

Medical Properties Trust announces pricing of cash call ahead of acquisition

Real estate investment trust (REIT) Medical Properties Trust is seeking a potential USD 858.10 million through a public offering of common shares as the group looks to fund its planned USD 1.75 billion investment in 24 hospital facilities. ...

Posted on Tue, 16 Jul 2019 13:11:49 GMT | Read more...

PBCT acquires UBNK, bolsters Connecticut footprint

People's United Financial (PBCT) is taking United Financial Bancorp (UBNK) private in a USD 759.00 million deal that adds USD 7.30 billion in total assets and solidifies a presence in Connecticut’s dense and demographically attractive capital....

Posted on Tue, 16 Jul 2019 13:00:57 GMT | Read more...

KDC to pick up Swallowfield’s business

Swallowfield is offloading its manufacturing arm, which includes a 13.3 per cent stake in Shanghai Color Cosmetic Technology, to Knowlton Development (KDC) for GBP 35.00 million in cash....

Posted on Tue, 16 Jul 2019 12:23:04 GMT | Read more...

Prologis is taking over IPT for USD 4bn

Prologis has agreed to acquire Black Creek Group’s Industrial Property Trust (IPT) for USD 3.99 billion in cash, including the assumption and repayment of debt....

Posted on Tue, 16 Jul 2019 08:41:28 GMT | Read more...

Callon agrees USD 3.2bn deal for Carrizo

Callon Petroleum has agreed to acquire Carrizo Oil & Gas in an all-stock deal worth USD 3.20 billion, creating a premier oil-weighted mid-cap with peer-leading capital efficiency and cash margins. ...

Posted on Tue, 16 Jul 2019 08:40:32 GMT | Read more...