M&A Editorial News

Verra announces deal with Gores, creating USD 2.4bn group

Verra Mobility, a privately-held technology-enabled smart transportation group, has agreed to merge operations with special purpose acquisition vehicle the Gores Group for a consideration which will be in the form of a combination of cash and shares. ...

Posted on Fri, 22 Jun 2018 14:43:24 GMT | Read more...

NWS and Chow Tai Fook Jewellery to acquire SALI

A joint venture between Chow Tai Food Jewellery and NWS Holding has reached an agreement to acquire Ireland-based Sky Aviation Leasing International [SALI]....

Posted on Fri, 22 Jun 2018 14:33:08 GMT | Read more...

Consortium bids for MAIB

A consortium has signed a pre-contract with the Moldovan Agency for Public Property to make an offer for 41.1 per cent of Moldova-Agroindbank (MAIB), the financial institution that holds almost a third of the country’s total deposits....

Posted on Fri, 22 Jun 2018 13:26:16 GMT | Read more...

Pinnacle Foods reopens talks with ConAgra: Reuters

Frozen foods company Pinnacle Foods has re-entered discussions with ConAgra Brands which could lead to an acquisition of the former by the latter, according to Reuters....

Posted on Fri, 22 Jun 2018 13:04:06 GMT | Read more...

Establishment Labs seeks admission to Nasdaq

Costa Rican silicone gel-filled breast implant manufacturer Establishment Labs Holdings is opening up its shareholder base to new investors by way of an initial public offering (IPO) on Nasdaq....

Posted on Fri, 22 Jun 2018 12:32:25 GMT | Read more...

Cushman & Wakefield seeks USD 5bn IPO valuation: WSJ

Cushman & Wakefield, which will restructure from DTZ Jersey Holdings to list in the US, could raise roughly USD 1.00 billion for a valuation of more than USD 5.00 billion, the Wall Street Journal (WSJ) reported....

Posted on Fri, 22 Jun 2018 12:00:02 GMT | Read more...

PayPal continues acquisition spree with USD 120mn offer for Simility

PayPal Holding, one of the world’s leading forms of safe payment transactions, is continuing its expansion with its second announcement in recent weeks to purchase fraud prevention and risk management group Simility. ...

Posted on Fri, 22 Jun 2018 11:44:03 GMT | Read more...

Stellar makes offer for Chain in XLM: report

Cryptocurrency firm Stellar is in talks to acquire Chain, a startup which creates blockchain technology for the financial industry, people familiar with the matter told Fortune magazine. ...

Posted on Fri, 22 Jun 2018 11:25:23 GMT | Read more...

Siris Capital affiliate to acquire Web.com

Web.com Group, a provider of online marketing services for businesses, has received a USD 2.00 billion cash offer from Sirius Capital Group....

Posted on Fri, 22 Jun 2018 10:24:50 GMT | Read more...

CIRC kicks off Hong Kong listing

China Isotope & Radiation (CIRC) has unveiled an initial public offering (IPO) in Hong Kong that may fetch HKD 1.94 billion (USD 246.66 million) if priced at the top end of the price range of HKD 24.20 apiece....

Posted on Fri, 22 Jun 2018 09:59:37 GMT | Read more...

Tongcheng-eLong files for Hong Kong listing

Online budget-travel services platform Tongcheng-eLong Holdings, which is backed by Tencent and Ctrip.com, has joined the growing list of technology companies looking to hold an initial public offering (IPO) in Hong Kong this year....

Posted on Fri, 22 Jun 2018 09:59:20 GMT | Read more...

Old National’s acquisition of Klein is no small deal

Old National Bancorp is acquiring Klein Financial in an all-scrip deal worth USD 433.80 million to double its presence in the Minneapolis–Saint Paul metropolitan statistical area (MSA), informally known as Twin Cities....

Posted on Fri, 22 Jun 2018 07:19:44 GMT | Read more...

CRF Health on the block

Finland-headquartered electronic clinical outcome assessment creator CRF Health has put itself up for sale, according to the Wall Street Journal....

Posted on Thu, 21 Jun 2018 14:28:08 GMT | Read more...

Tilray to list in the US

Tilray is trying its hand at cultivating and growing its investor base through an initial public offering (IPO) south of the border in anticipation of the upcoming legalisation of recreational marijuana in Canada....

Posted on Thu, 21 Jun 2018 14:11:59 GMT | Read more...

MWS assets to be acquired by OAH and PSG

Perlitz Strategy Group (PSG) and Oak Hill Advisors (OAH) have agreed to buy the assets of MWS Friedrichshafen (MWS), supplier of components for the automotive and industrial markets....

Posted on Thu, 21 Jun 2018 14:09:04 GMT | Read more...

‘Days after closing its largest ever acquisition, AT&T sets sights on AppNexus’

AT&T, the cable company which days ago received approval for its USD 85.00 billion offer to buy Time Warner, is shopping yet again and next in line could be advertising company AppNexus, a number of media reports suggested. ...

Posted on Thu, 21 Jun 2018 13:58:04 GMT | Read more...

TuneIn turns up the volume on strategic review: Bloomberg

Online radio service TuneIn is busting out plans, including a possible sale, as Bloomberg reports it has hired LionTree Advisors to explore options. ...

Posted on Thu, 21 Jun 2018 12:52:21 GMT | Read more...

Barwa Bank ‘could merge with International Bank of Qatar’

Qatari banking players Barwa Bank and International Bank of Qatar could be about to join forces via a merger, according to Reuters....

Posted on Thu, 21 Jun 2018 12:51:54 GMT | Read more...

Chiwan funds renovation projects with CNY 4bn

Shenzhen Chiwan Wharf is carrying out what Zephyr, the M&A database published by Bureau van Dijk, shows is the 13th largest capital increase announced worldwide by a port, harbour and related support services provider on record....

Posted on Thu, 21 Jun 2018 12:49:54 GMT | Read more...

CMG turns Chiwan into integrated ports platform

China Merchants Group (CMG) is tying up the loose ends on a so-called material asset reorganisation aimed at bringing all of its port assets and related operations under the integrated umbrella of Shenzhen Chiwan Wharf....

Posted on Thu, 21 Jun 2018 12:39:10 GMT | Read more...

‘Sainsbury’s and Asda could sell stores to gain merger approval’

The UK’s Competition and Markets Authority (CMA) will most likely require supermarket operators Sainsbury’s and Asda to offload a number of their stores in order to gain the green light for their planned combination, Reuters noted....

Posted on Thu, 21 Jun 2018 12:31:28 GMT | Read more...

Guggenheim ‘in talks to pick up Munich Re’s MEAG unit’

German reinsurance player Munich Re has entered discussions over a potential sale of Munich Ergo Asset Management (MEAG) to private equity firm Guggenheim Partners, according to the Wall Street Journal....

Posted on Thu, 21 Jun 2018 11:27:54 GMT | Read more...

PayPal picks up Hyperwallet

PayPal Holdings has reached an agreement to acquire US-based global payout platform Hyperwallet for USD 400.00 million in cash, subject to certain adjustments. ...

Posted on Thu, 21 Jun 2018 11:21:31 GMT | Read more...

Brookfield makes an offer for Gateway Lifestyle

Brookfield Property Group had submitted a non-binding proposal to acquire Gateway Lifestyle that values the Australian budget housing provider at AUD 698.60 million (USD 515.81 million). ...

Posted on Thu, 21 Jun 2018 11:20:16 GMT | Read more...

‘Tubatu has designs on a Hong Kong debut’

Qeeka Home’s homegrown rival Tubatu is gearing up to compete against the fellow online home improvement platform in the capital markets by rolling out an initial public offering in Hong Kong too, if recent reports are to be believed....

Posted on Thu, 21 Jun 2018 11:07:42 GMT | Read more...