M&A Editorial News

WeddingWire marriage with XO Group on the cards

US-based WeddingWire, which operates online marketplaces for the wedding industry, has signed on the dotted line to acquire XO Group, its New York-headquartered peer....

Posted on Tue, 25 Sep 2018 14:08:41 GMT | Read more...

Victory Capital to acquire Harvest Volatility

Victory Capital has agreed to purchase derivative asset manager Harvest Volatility Management for a reported USD 300.00 million. ...

Posted on Tue, 25 Sep 2018 13:40:19 GMT | Read more...

Empire snaps up Farm Boy

Empire Company is buying Canada-based food retailer Farm Boy for CAD 800.00 million (USD 618.31 million)....

Posted on Tue, 25 Sep 2018 13:26:21 GMT | Read more...

Follow-on offering for BJ's worth up to USD 931mn

Shareholders of BJ's Wholesale Club have kicked off a follow-on offering worth as much as USD 931.06 million in the market just three months after the membership-only discount chain went public....

Posted on Tue, 25 Sep 2018 13:04:59 GMT | Read more...

PE firms consider sale of Accudyne: FT

Carlyle and BC Partners are considering a disposal of their US-based valves and pumps manufacturer Accudyne Industries, people familiar with the matter told the Financial Times (FT). ...

Posted on Tue, 25 Sep 2018 13:02:44 GMT | Read more...

SSE to pick up remaining stake in Seagreen Wind

SSE, one of the big six energy providers in the UK, has reached an agreement to acquire the outstanding 50.0 per cent interest in Seagreen Wind Energy from Fluor for GBP 118.00 million. ...

Posted on Tue, 25 Sep 2018 13:01:46 GMT | Read more...

Sears turns to ESL for rescue options

Sears Holdings has received a proposal from hedge fund ESL Investments to help try and reduce its arrears and avert bankruptcy. ...

Posted on Tue, 25 Sep 2018 12:55:27 GMT | Read more...

Renaissance dusts off Topaz IPO plans: Bloomberg

Renaissance Services is revisiting plans to list Topaz Energy and Marine via an initial public offering that could value the offshore support vessel (OSV) company at USD 1.50 billion, sources told Bloomberg....

Posted on Tue, 25 Sep 2018 12:03:36 GMT | Read more...

Baowu braced for Magang deal: report

China Baowu Steel, the state-owned enterprise (SEO) formed through absorption of Wuhan Iron and Steel by Baoshan Iron and Steel (Baosteel), could acquire rival Magang to catch up to top-ranked ArcelorMittal, Reuters reported....

Posted on Tue, 25 Sep 2018 12:03:15 GMT | Read more...

Digital Realty makes almost USD 2bn offer for Ascenty

Digital Realty has agreed to acquire Brazilian data centre provider Ascenty via its subsidiary in the country Stellar Participações for USD 1.80 billion. ...

Posted on Tue, 25 Sep 2018 11:42:00 GMT | Read more...

Niu jumpstarts Nasdaq IPO

Chinese smart electric scooter (e-scooter) Niu Technologies, not to be confused with US-listed, mainland-based electric vehicle maker Nio, wants to go public on Nasdaq to bankroll manufacturing and distribution expansion. ...

Posted on Tue, 25 Sep 2018 10:41:51 GMT | Read more...

Basic rebuffs Key

Basic Energy Service has officially rebuffed an unsolicited approach from Key Energy Services after the would-be acquiror went public with its all-scrip proposal valued at USD 259.52 million....

Posted on Tue, 25 Sep 2018 10:41:30 GMT | Read more...

Starwood to acquire two power stations from Dominion

Dominion Energy has agreed the sale of three of its electric generation assets for total proceeds of USD 1.32 billion, as it looks to close its USD 14.60 billion acquisition of Scana later this year. ...

Posted on Tue, 25 Sep 2018 10:21:52 GMT | Read more...

Primepulse sets its sights on a public flotation

German technology investor Primepulse is planning a stock market listing that could raise around EUR 250.00 million before the end of the year. ...

Posted on Tue, 25 Sep 2018 09:40:17 GMT | Read more...

United Technologies planning USD 3bn sale of Chubb Fire & Security: Reuters

United Technologies, the US-based company which agreed to acquire Rockwell Collins for USD 30.00 billion last year, is working on a divestment of its UK-headquartered Chubb Fire & Security business, Reuters reported. ...

Posted on Tue, 25 Sep 2018 09:04:55 GMT | Read more...

New Age Farm to buy DFW

New Age Farm has signed a letter of intent to acquire US-based beverage company Drink Fresh Water (DFW) for an undisclosed sum. ...

Posted on Tue, 25 Sep 2018 08:51:20 GMT | Read more...

Coronado sets up IPO goal of USD 1bn

Coronado Global Resources has pulled the trigger on an initial public offering in Australia worth between AUD 1.16 billion and AUD 1.39 billion (USD 844.82 million and USD 1.01 billion)....

Posted on Tue, 25 Sep 2018 07:27:17 GMT | Read more...

Aboitiz considering buying thermal power assets from Ayala: Bloomberg

Philippines-based Aboitiz Power is in advanced discussions to pick up stakes in some of its rival Ayala’s thermal power assets, people with knowledge of the matter told Bloomberg. ...

Posted on Tue, 25 Sep 2018 06:41:30 GMT | Read more...

Peak picks up Snow Time

Peak Resorts is extending its portfolio, buying US-based ski resort company Snow Time for USD 76.00 million. ...

Posted on Mon, 24 Sep 2018 14:45:51 GMT | Read more...

SiriusXM tuning into Pandora Media

Satellite radio station operator SiriusXM has agreed to pick up Pandora Media, the California-based operator of a music streaming platform....

Posted on Mon, 24 Sep 2018 14:04:13 GMT | Read more...

Comcast prevails in Sky auction

After months of announced offers, media reports and speculation regarding the future of UK-based broadcaster Sky, the company has shed light on the auction and has decided Comcast’s GBP 30.60 billion offer was in the best interest of its shareholders. ...

Posted on Mon, 24 Sep 2018 14:03:23 GMT | Read more...

Exyte eyes IPO

Exyte, a Germany-based designer and engineer of high-tech facilities, is adding to the glut of European listings by planning an initial public offering (IPO) on the Frankfurt Stock Exchange....

Posted on Mon, 24 Sep 2018 13:18:31 GMT | Read more...

UEG explorers MENA with KE

United Energy Group (UEG) is acquiring Kuwait Energy (KE) in a USD 650.86 million deal representing a milestone in a medium and long-term growth strategy of becoming an independent oil and gas company....

Posted on Mon, 24 Sep 2018 12:30:19 GMT | Read more...

Evergrande focus shifts a gear with Guanghui

China Evergrande is further diversifying away from property by becoming the second-largest investor of energy-to-vehicles conglomerate Xinjiang Guanghui Industry Investment for a total CNY 14.49 billion (USD 2.11 billion)....

Posted on Mon, 24 Sep 2018 11:53:15 GMT | Read more...

Barrick and Randgold come together to create USD 18.5bn miner

Canada’s Barrick Gold has reached an agreement to acquire London-listed and Africa-focused rival Randgold Resources in a deal that creates a business with a market capitalisation of USD 18.50 billion. ...

Posted on Mon, 24 Sep 2018 11:47:16 GMT | Read more...