M&A Editorial News

Time looking to divest assets

Magazine publisher Time is pursuing the sale of several assets which account for a total of USD 488.00 million, or 17.0 per cent, of its total revenues for the year ending 30th June 2017....

Posted on Mon, 25 Sep 2017 14:32:00 GMT | Read more...

Dian seeks USD 360mn

Zhejiang Dian Diagnostics is privately selling shares worth up to CNY 2.37 billion (USD 359.20 million) to finance the acquisition of a majority stake in Guangzhou Dihuixin Medical and research and development projects....

Posted on Mon, 25 Sep 2017 13:45:02 GMT | Read more...

L’Oreal could be takeover target

French cosmetics giant is the subject of takeover speculation following the death of founding family matriarch Liliane Bettencourt....

Posted on Fri, 22 Sep 2017 14:20:30 GMT | Read more...

Phillips 66 Partners buys Bakken pipeline assets

Phillips 66 Partners is carrying out its largest purchase to date as the growth-oriented master limited partnership (MLP) is picking up assets from Phillips 66 for a total USD 2.40 billion, including debt....

Posted on Fri, 22 Sep 2017 13:34:39 GMT | Read more...

iA Financial Group acquiring Southwest Reinsure and Dealers Assurance

Quebec-based insurance company iA Financial Group is to purchase US peers Southwest Reinsure and Dealers Assurance for USD 135.00 million cash....

Posted on Fri, 22 Sep 2017 13:02:18 GMT | Read more...

CapitaLand Commercial announces cash call

CapitaLand Commercial Trust (CCT) is conducting a 166-for-1,000 rights issue to raise about SGD 700.00 million (USD 519.83 million) from existing shareholders....

Posted on Fri, 22 Sep 2017 12:30:17 GMT | Read more...

MongoDB to go public

MongoDB has taken the plunge and filed for an initial public offering on Nasdaq with a USD 100.00 million placeholder, despite burning through cash and facing tough competition from Microsoft and Amazon....

Posted on Fri, 22 Sep 2017 11:46:55 GMT | Read more...

PSBC to raise USD 7bn

Postal Savings Bank of China (PSBC) is rolling out a preferred stock offering worth USD 7.25 billion, while also planning for a share listing in Shanghai, to boost capital and support business development....

Posted on Fri, 22 Sep 2017 11:01:01 GMT | Read more...

Brooks Macdonald to offload Braemar Estates

Brooks Macdonald is selling Braemar Estates Residential to Rendall & Rittner in an all-cash deal worth GBP 1.90 million....

Posted on Fri, 22 Sep 2017 10:29:39 GMT | Read more...

Phoenix Color to purchase business of Moore-Langen

ALJ Regional Holdings’ commercial printing services unit Phoenix Color is buying the assets of Moore-Langen Printing via an all-cash deal worth USD 10.00 million....

Posted on Fri, 22 Sep 2017 10:28:26 GMT | Read more...

KKR linked with bid for Pure Gym: Sky News

Private equity firm KKR was expected to table an indicative offer for Pure Gym before the auction’s deadline of 21st September, according to Sky News....

Posted on Fri, 22 Sep 2017 10:21:37 GMT | Read more...

Impax eyes merger with Amneal: WSJ

A generic drug segment deal could be on the cards as the Wall Street Journal (WSJ) reported Impax Laboratories is sounding out the possibility of a merger with privately-held rival Amneal Pharmaceuticals....

Posted on Fri, 22 Sep 2017 09:55:07 GMT | Read more...

VMH of Brazil files to debut in New York, Toronto

Brazilian miner Votorantim Metais has set its cap at a cross-border listing in both the US and Canada through its Luxembourg-domiciled holding company VM Holding (VMH), which will be renamed Nexa Resources....

Posted on Fri, 22 Sep 2017 08:56:07 GMT | Read more...

Bids submitted to MG

Suitors are stepping up to bid for Australia’s largest dairy processor after Murray Goulburn Co-operative (MG) kicked off a strategic review in June to look into options for its strategy and corporate structure....

Posted on Thu, 21 Sep 2017 13:47:50 GMT | Read more...

Blackstone cuts stake in HGV

Blackstone is further paring its minority stake in Hilton Grand Vacations (HGV), the timeshare operator spun off from Hilton Worldwide Holdings at the beginning of the year....

Posted on Thu, 21 Sep 2017 13:46:46 GMT | Read more...

Kuraray signs on for Calgon Carbon takeover

Japanese chemicals maker Kuraray has agreed to pick up Pennsylvania-headquartered water purification equipment manufacturer Calgon Carbon....

Posted on Thu, 21 Sep 2017 12:56:40 GMT | Read more...

Google to purchase HTC’s smartphone division

Google has agreed to acquire HTC’s Pixel smartphone manufacturing unit....

Posted on Thu, 21 Sep 2017 12:18:46 GMT | Read more...

Fortum in talks to purchase majority stake in Uniper

Finnish energy producer Fortum is in advanced discussions with E.ON to buy its 46.6 per cent stake in Dusseldorf-based Uniper. ...

Posted on Thu, 21 Sep 2017 12:09:27 GMT | Read more...

Walkabout to secure funds

Walkabout Resources has announced a share placement to raise AUD 326,991 (USD 260,056) from sophisticated investors....

Posted on Thu, 21 Sep 2017 10:16:30 GMT | Read more...

SIX processes payment review: Reuters

A flurry of dealmaking within the global payments services category has prompted SIX Group to take a close look at how its payments arm fits within the operations of the Swiss stock exchange, Reuters reported....

Posted on Thu, 21 Sep 2017 10:05:52 GMT | Read more...

Phoslock Water to launch capital increase

Phoslock Water Solutions has announced a share placement to raise AUD 4.61 million (USD 3.67 million) from its directors Zhigang Zhang and Brenda Shanahan, as well as other high net worth, sophisticated and institutional investors....

Posted on Thu, 21 Sep 2017 08:53:33 GMT | Read more...

CICC and Tencent team up

China International Capital (CICC) is making Tencent a strategic investor as part of plans to accelerate the transformation of wealth management arm by tapping into the Internet titan’s expertise in mobile payments, social networking and big data....

Posted on Thu, 21 Sep 2017 07:59:39 GMT | Read more...

Anthem to purchase HealthSun

Anthem is acquiring HealthSun Health Plans for an undisclosed sum as it seeks to tap into Florida’s elderly population for growth....

Posted on Thu, 21 Sep 2017 07:50:17 GMT | Read more...

CSG to purchase Inlay

Industrial robot maker CSG Smart Science & Technology is acquiring Shanghai Inlay Link (Inaly) for CNY 900.00 million (USD 136.48 million)....

Posted on Thu, 21 Sep 2017 07:32:33 GMT | Read more...

Scientific Games to take over NYX

Nasdaq-listed gaming group Scientific Games is acquiring NYX Gaming Group for about CAD 775.00 million (USD 627.50 million) including the assumption of debt....

Posted on Thu, 21 Sep 2017 07:27:22 GMT | Read more...