M&A Editorial News

Open Text to snap up Guidance

Canadian firm Open Text has agreed to purchase US online security incident response and forensic analysis cloud-based software provider Guidance Software for around USD 240.00 million....

Posted on Thu, 27 Jul 2017 13:45:35 GMT | Read more...

Brookfield takes majority stake in TOO

Brookfield Business Partners is acquiring 60.0 per cent of Teekay Offshore Partners (TOO) in a USD 750.00 million-deal that also paves the way for a spin-off of the listed marine services provider’s shuttle tanker business....

Posted on Thu, 27 Jul 2017 13:32:40 GMT | Read more...

Shanghai Kangmei to purchase Bingchi

Shanghai Kangmei Pharmaceutical, a unit of Kangmei Pharmaceutical, is acquiring 80.0 per cent of Guangzhou Bingchi Medical Technology Development (Bingchi) in a deal worth CNY 22.92 million (USD 3.40 million)....

Posted on Thu, 27 Jul 2017 10:24:11 GMT | Read more...

VNB to buy USAB

Valley National Bancorp (VNB) has agreed to purchase US firm USAmeriBancorp (USAB) for roughly USD 816.00 million in a deal described as a merger. ...

Posted on Thu, 27 Jul 2017 10:20:59 GMT | Read more...

Abano secures cash

New Zealand-based diversified healthcare firm Abano Healthcare Group has announced a fully underwritten pro-rata renounceable rights issue worth up to NZD 34.99 million (USD 26.06 million) on the basis of one new share for every five existing stocks held....

Posted on Thu, 27 Jul 2017 10:19:21 GMT | Read more...

Markel covers bases with SNC

US diverse insurance holding company Markel is taking State National (SNC) private for a total USD 919.00 million to gain control of a Texan company billed as the leading collateral protection provider in the country....

Posted on Thu, 27 Jul 2017 10:10:34 GMT | Read more...

East 72 to purchase Stiletto

East 72 Holdings is acquiring Stiletto Investments in an all-scrip deal worth around AUD 2.16 million (USD 1.74 million)....

Posted on Thu, 27 Jul 2017 10:05:14 GMT | Read more...

Sunac to raise HKD 4bn

Sunac China Holdings has kicked off an equity dilution worth HKD 4.03 billion (USD 516.42 million) to finance the acquisition of theme parks and commercial complexes for more than USD 6.00 billion....

Posted on Wed, 26 Jul 2017 13:56:23 GMT | Read more...

SK to purchase a minority stake in ESR

South Korean firm SK Holdings has agreed to buy an 11.8 per cent interest in Cayman Island-headquartered logistic services company ESR Cayman for around USD 333.33 million in cash. ...

Posted on Wed, 26 Jul 2017 13:43:49 GMT | Read more...

Ceconomy becomes largest investor of Fnac Darty

German consumer electronics vender Ceconomy is becoming the largest shareholder of Fnac Darty by spending EUR 452.00 million in cash for Artémis’s 24.3 per cent stake in the French music and book retailer....

Posted on Wed, 26 Jul 2017 13:42:59 GMT | Read more...

Compeat to buy Ctuit

Compeat has agreed to purchase US restaurant management software developer Ctuit from co-founders Rob D’Ambrosia and Bill Sheely for an undisclosed amount. ...

Posted on Wed, 26 Jul 2017 11:49:23 GMT | Read more...

First Financial pays USD 1bn for MainSource

First Financial Bancorp of Ohio is carrying out its largest acquisition to date after signing off on a USD 1.02 billion all-scrip deal for Indiana-based MainSource Financial to create a lender with about USD 13.30 billion in assets....

Posted on Wed, 26 Jul 2017 11:45:02 GMT | Read more...

CMPort takes control of Hambantota Port

China Merchants Port Holdings (CMPort) is acquiring an 85.0 per cent stake in Hambantota International Port (HIPG) for USD 973.66 million to gain control of the Sri Lankan deep-water dock with potential to become a maritime hub....

Posted on Wed, 26 Jul 2017 11:07:16 GMT | Read more...

Camil processes IPO

Camil Alimentos is laying the groundwork for a domestic initial public offering (IPO), some six years after the Brazilian food processor first started weighing up a listing but shelved plans due to the unfavourable market conditions....

Posted on Wed, 26 Jul 2017 11:06:17 GMT | Read more...

Autologic Diagnostics to purchase Farsight

Autologic Diagnostics is acquiring MVDS, an online automotive diagnostics and repair services platform provider currently trading as Farsight....

Posted on Wed, 26 Jul 2017 10:13:24 GMT | Read more...

Rollins to buy NEC division

Rollins has agreed to snap up the pest control unit of US firm Northwest Exterminating Company (NEC) for an undisclosed amount. ...

Posted on Wed, 26 Jul 2017 10:05:02 GMT | Read more...

Strix to list in London

Isle of Man-based kettle controls maker Strix Group is raising up to GBP 190.00 million via an initial public offering (IPO) on London’s Aim exchange....

Posted on Tue, 25 Jul 2017 13:57:18 GMT | Read more...

Simbisa aims to deliver London listing

A secondary listing on London’s Alternative Investment Market is on the menu for Simbisa Brands as Zimbabwe’s largest fast-food chain seeks to gain access to additional funding for expansion....

Posted on Tue, 25 Jul 2017 13:53:37 GMT | Read more...

Nasdaq picking up Sybenetix

Stock exchange operator Nasdaq has unveiled a deal through which it will acquire Sybenetix, a London-headquartered developer of financial market surveillance and compliance monitoring software....

Posted on Tue, 25 Jul 2017 13:28:59 GMT | Read more...

Pactera could go public, again: Reuters

If HNA has its way, Pactera could return to the stock market, Reuters reported, a little over three years after Blackstone took the information technology (IT) outsourcing company private for more than USD 500.00 million....

Posted on Tue, 25 Jul 2017 13:16:44 GMT | Read more...

Barnes & Noble should consider sale: activist

US book retail giant Barnes & Noble could be sold after an activist investor recommended the company consider the possibility, according to the Wall Street Journal (WSJ)....

Posted on Tue, 25 Jul 2017 11:43:12 GMT | Read more...

Jimmy Choo is a fit for Michael Kors

Michael Kors is spending GBP 896.00 million in cash to acquire Jimmy Choo in a bid to use the iconic UK luxury accessories brand as a springboard for growth in fast-expanding markets such as Asia....

Posted on Tue, 25 Jul 2017 11:41:55 GMT | Read more...

Refresco picking up Cott’s bottling activities

Dutch soft drinks maker Refresco has signed on the dotted line to acquire the bottling assets of Canadian peer Cott....

Posted on Tue, 25 Jul 2017 11:35:36 GMT | Read more...

TXT e-Solutions to shed assets

Italian Stock Exchange-listed TXT e-Solutions (TXT) is transferring its retail division to US-based cloud platform provider Aptos via an all-cash deal worth EUR 85.00 million....

Posted on Tue, 25 Jul 2017 10:14:45 GMT | Read more...

Ascott to buy majority stake in Synergy

Ascott Group, a wholly-owned subsidiary of CapitaLand, has inked an agreement to purchase an 80.0 per cent interest in US corporate serviced apartments provider Synergy Global Housing from founders Henry Luebbert and Jack Jensky for around USD 33.70 million....

Posted on Tue, 25 Jul 2017 10:01:29 GMT | Read more...