M&A Editorial News

Shawcor to snap up ZCL

Shawcor is buying Canadian fibreglass underground storage tanks manufacturer ZCL Composites for CAD 308.00 million (USD 232.13 million)....

Posted on Mon, 21 Jan 2019 13:58:01 GMT | Read more...

Tycoon in talks to save HMV: Sky News

Mike Ashley, the retail entrepreneur behind Sports Direct, is in discussions to pick up the flagging music and entertainment chain HMV, Sky News reported, without identifying its sources. ...

Posted on Mon, 21 Jan 2019 12:40:20 GMT | Read more...

The RealReal planning IPO later this year: Reuters

Luxury online retailer the RealReal is in discussions with investment banks regarding a potential initial public offering that could take place before the end of 2019, people with knowledge of the matter told Reuters....

Posted on Mon, 21 Jan 2019 11:27:50 GMT | Read more...

China Molybdenum secures cobalt supply

China Molybdenum has taken up the USD 1.14 billion option on the 24.0 per cent indirect interest in the gargantuan Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo held by fellow shareholder BHR Partners....

Posted on Fri, 18 Jan 2019 15:57:23 GMT | Read more...

Globant to pick up Avanxo

Globant has announced it is buying Avanxo, a provider of cloud-based computing services for an undisclosed sum. ...

Posted on Fri, 18 Jan 2019 15:07:13 GMT | Read more...

WEX to acquire Discovery Benefits

WEX has reached an agreement to pick up high-growth employee benefits administrator Discovery Benefits for USD 425.00 million in cash, including USD 50.00 million which will be deferred until January 2020....

Posted on Fri, 18 Jan 2019 14:54:53 GMT | Read more...

Orange mulls over Euskaltel bid: Reuters

Orange is contemplating making a bid for Spain-based telecommunications company Euskaltel, Reuters noted, citing a source close to the matter. ...

Posted on Fri, 18 Jan 2019 14:14:27 GMT | Read more...

That’s the ticket, Maoyan

Maoyan Entertainment has started taking orders on a scaled back initial public offering in Hong Kong comprising 132.00 million shares worth between HKD 1.95 billion and HKD 2.69 billion (USD 248.60 million to USD 342.94 million)....

Posted on Fri, 18 Jan 2019 12:41:01 GMT | Read more...

Aveng runs water sale

South Africa’s Aveng is shedding its water operations for ZAR 95.00 million (USD 6.92 million) following a strategic review to refocus on becoming an infrastructure and resources player....

Posted on Fri, 18 Jan 2019 12:40:20 GMT | Read more...

ADM agrees to pick up remaining stake in Gleadell

Archer Daniels Midland (ADM) has reached an agreement to acquire the remaining 50.0 per cent stake in UK-based crops supplier Gleadell Agriculture for an undisclosed amount in its second-acquisition of 2019. ...

Posted on Fri, 18 Jan 2019 12:32:42 GMT | Read more...

Dover to soak up Belanger

Dover is buying US-based car wash systems and equipment manufacturer Belanger....

Posted on Fri, 18 Jan 2019 10:14:17 GMT | Read more...

BAC has more BANG for its buck

Bluestar Adisseo Company (BAC) is acquiring the remaining 15.0 per cent not already held in Bluestar Adisseo Nutrition Group (BANG) from controlling shareholder China National Bluestar (Bluestar Group) for CNY 3.61 billion (USD 534.35 million)....

Posted on Fri, 18 Jan 2019 08:49:11 GMT | Read more...

General Atlantic to take a stake in Germany’s powercloud

General Atlantic has agreed to pick up a minority stake in powercloud as part of a strategic partnership to support the growth of the German fast-growing cloud software provider. ...

Posted on Thu, 17 Jan 2019 12:17:45 GMT | Read more...

Fiserv to buy First Data

Fiserv is buying US-based First Data for USD 22.00 billion....

Posted on Thu, 17 Jan 2019 11:03:01 GMT | Read more...

Reed to make a show with Mack Brooks

Reed Exhibitions has announced it is introducing another addition to its portfolio by buying UK-based Mack Brooks Exhibitions, an independent trade show organiser, for an undisclosed sum. ...

Posted on Wed, 16 Jan 2019 15:47:42 GMT | Read more...

Salesforce considering USD 1.5bn purchase of ClickSoftware: report

Salesforce has entered talks to acquire Israeli software developer ClickSoftware Technologies for around USD 1.50 billion, local financial news website Calcalist reported. ...

Posted on Wed, 16 Jan 2019 15:01:02 GMT | Read more...

Infor planning IPO after receiving funding round

New York-headquartered business software player Infor is planning to conduct an initial public offering (IPO) in the near future....

Posted on Wed, 16 Jan 2019 14:56:51 GMT | Read more...

SmartFinancial almost doubles in size with Entegra

SmartFinancial is acquiring Entegra for USD 158.20 million to leapfrog into the list of top 20 largest publicly-traded lenders headquartered in the combined states of operation comprising Alabama, Florida, Georgia, the Carolinas and Tennessee....

Posted on Wed, 16 Jan 2019 14:51:27 GMT | Read more...

Apollo closing in on Arconic takeover: WSJ

Private equity investor Apollo Global is close to reaching an agreement to pick up US-headquartered lightweight metals engineering and manufacturing company Arconic, according to the Wall Street Journal....

Posted on Wed, 16 Jan 2019 13:21:01 GMT | Read more...

Churchill fulfils business combination with Clarivate

Clarivate Analytics is reverse merging into Nasdaq-listed special purpose acquisition company Churchill Capital in deal that implies an initial enterprise value of USD 4.20 billion....

Posted on Wed, 16 Jan 2019 11:44:11 GMT | Read more...

Gefco gears up for IPO: Reuters

French-based logistics business Gefco has set the ball rolling for its potential initial public offering (IPO) by hiring investments banks to begin the listing process, sources told Reuters. ...

Posted on Wed, 16 Jan 2019 10:47:51 GMT | Read more...

Payless becomes latest brick and mortar firm to weigh options: Reuters

US-based discounted retailer Payless ShoeSource is set to become the latest in the spiral of brick and mortar businesses that are fighting for survival amid the global overhaul to online spending, Reuters reported. ...

Posted on Wed, 16 Jan 2019 10:39:53 GMT | Read more...

Panalpina confirmed recent media reports that DSV tabled a bid worth more than CHF 4bn

Denmark-based transport and logistics group De Sammensluttede Vognmænd (DSV) has tabled an offer to acquire Switzerland-headquartered rival Panalpina for around CHF 4.00 billion (EUR 3.55 billion). ...

Posted on Wed, 16 Jan 2019 09:56:58 GMT | Read more...

Sage selling US payroll outsourcing unit

UK-headquartered business software provider Sage intends to divest its US payroll outsourcing business to lower its debt level....

Posted on Tue, 15 Jan 2019 15:34:25 GMT | Read more...

PNC to buy AFG

PNC Bank, in a move to broaden its portfolio, is buying US-based broker-dealer Ambassador Financial Group (AFG) for an undisclosed sum. ...

Posted on Tue, 15 Jan 2019 14:58:00 GMT | Read more...