M&A Editorial News

COFCO Anhui in CNY 8.3bn restructuring

COFCO Biochemical Anhui (COFCO Anhui) is in the last stage of a major asset reorganisation worth CNY 8.28 billion (USD 1.29 billion) after receiving approval to consolidate three group affiliates under its umbrella from regulatory authorities....

Posted on Fri, 15 Jun 2018 13:43:03 GMT | Read more...

RCL to purchase stake in Silversea

Royal Caribbean Cruises (RCL) has announced a deal to purchase a stake in Silversea Cruises, a privately-owned company in the cruise line industry....

Posted on Fri, 15 Jun 2018 12:43:03 GMT | Read more...

Rathbones table GBP 104mn offer for Speirs & Jeffrey

Wealth management firm Rathbones Brothers is acquiring Speirs & Jeffrey, which claims to be one of the UK’s leading investment groups, for about GBP 104.00 million and increasing its assets under management by 18.0 per cent to GBP 44.50 billion....

Posted on Fri, 15 Jun 2018 11:55:45 GMT | Read more...

Lufax opts for USD2bn funding round for growth: Reuters

A delayed listing in Hong Kong has prompted Lufax to seek private funding of up to USD 2.00 billion, which could value the Chinese online peer-to-peer lender at USD 40.00 billion, Reuters reported. ...

Posted on Fri, 15 Jun 2018 11:14:33 GMT | Read more...

Madrigal Pharma to explore sale: Bloomberg

US based pharmaceutical company Madrigal Pharmaceuticals is contemplating a sale, sources with knowledge of the matter told Bloomberg....

Posted on Fri, 15 Jun 2018 10:25:39 GMT | Read more...

DH-CGP consortium derails Varian’s bid for Sirtex

Sirtex is throwing its weight behind a higher, more complicated last-minute offer valued at AUD 1.90 billion (USD 1.44 billion) from a Chinese consortium rather than pursuing a deal with Varian Medical System....

Posted on Fri, 15 Jun 2018 09:01:06 GMT | Read more...

Comcast enters battle with Disney for Fox by tabling a better offer

US cable giant Comcast has set the ball rolling on a potential war with the Walt Disney as it tabled a USD 65.00 billion bid for 21st Century Fox....

Posted on Fri, 15 Jun 2018 06:43:07 GMT | Read more...

Greystar nearing deal to acquire EDR: WSJ

Greystar Real Estate Partners, a rental-housing company headquartered in Charleston, South Carolina, is involved in talks for a possible takeover of Memphis-based student housing provider Education Realty Trust (EDR), according to the Wall Street Journal....

Posted on Thu, 14 Jun 2018 11:35:45 GMT | Read more...

Smart Global Holdings to acquire Penguin Computing

Smart Global Holdings (Smart) has agreed to purchase Penguin Computing (Penguin) for a deal worth up to USD 85.00 million. ...

Posted on Wed, 13 Jun 2018 14:31:34 GMT | Read more...

First Mid seeks SCB

First Mid-Illinois Bancshares is buying SCB Bancorp in a USD 70.40 million deal that diversifies the acquisitive lender’s revenue and deepens an existing presence in target markets like Decatur, Peoria and Champaign-Urbana....

Posted on Wed, 13 Jun 2018 13:50:22 GMT | Read more...

Societe Generale to possibly sell Eurobank: Reuters

French bank Societe Generale is contemplating a sale of its Polish unit Eurobank, according to Reuters. ...

Posted on Wed, 13 Jun 2018 12:46:56 GMT | Read more...

CKI-led consortium bids for APA

Victor Li is marking his tenure as chairman of CK Infrastructure (CKI), after succeeding his father last month, by leading a bid to acquire Australian gas pipeline operator APA Group for AUD 12.98 billion (USD 9.86 billion)....

Posted on Wed, 13 Jun 2018 10:51:05 GMT | Read more...

Blackstone enters into agreement to acquire IOF

Blackstone and Australian real estate investment trust Investa Office Fund (IOF) have entered into a scheme implementation agreement weeks after the private equity giant tabled a AUD 3.10 billion (USD 2.36 billion) proposal for the company....

Posted on Wed, 13 Jun 2018 09:59:21 GMT | Read more...

JX seeks IPO valuation of up to USD 4.96bn

Jiangxi Bank (JX) has pulled the trigger on a listing in Hong Kong that could fetch as much as HKD 7.79 billion (USD 992.77 million) and give the mainland lender a valuation of HKD 34.74 billion and HKD 38.95 billion (USD 4.96 billion)....

Posted on Wed, 13 Jun 2018 08:54:24 GMT | Read more...

Stryker submits offer for Boston Scientific: WSJ

US medical technologies maker Stryker has lodged a takeover approach for Boston Scientific, a Massachusetts-headquartered manufacturer of devices used in interventional medical specialities, according to the Wall Street Journal....

Posted on Tue, 12 Jun 2018 15:17:32 GMT | Read more...

Splunk to acquire VictorOps

Splunk has reached an agreement to purchase US-based development operations (DevOps) incident management group VictorOps for USD 120.00 million. ...

Posted on Tue, 12 Jun 2018 13:46:41 GMT | Read more...

Gpro Titanium to acquire Guxiandao PDD

Gpro Titanium is acquiring Zhejiang Guxiandao Polyester Dope Dyed Yarn (Guxiandao PDD) from Zhejiang Guxiandao Industrial for CNY 5.60 billion (USD 874.57 million) to cement its leadership in industrial polyester filament....

Posted on Tue, 12 Jun 2018 13:38:33 GMT | Read more...

Xiamen Unigroup Xue may pay CNY 24bn for Xinjiang Tianshan

Xiamen Unigroup Xue may buy Xinjiang Tianshan Aluminum in a CNY 23.60 billion (USD 3.69 billion) deal that Zephyr, the M&A database published by Bureau van Dijk, shows would be one of the sector’s largest on record....

Posted on Tue, 12 Jun 2018 12:23:44 GMT | Read more...

Sempra Energy ‘encouraged to undertake strategic review’

Sempra Energy has been urged to initiate a strategic review which could lead to a sale of its international business lines, according to Reuters....

Posted on Tue, 12 Jun 2018 11:52:38 GMT | Read more...

Yashili to turn Yashili NZ into a joint venture

Yashili International Holdings is continuing to strengthen ties with Danone Asia by considering turning Yashili New Zealand (NZ) Dairy into a joint venture by selling a 49.0 per cent interest to the 25.0 per cent shareholder....

Posted on Tue, 12 Jun 2018 10:25:20 GMT | Read more...

KKR to pay USD 10bn for Envision

Private equity giant KKR & Co has prevailed in an auction for Envision Healthcare in a deal that values the provider of physicians to hospitals in the US at USD 9.90 billion, including debt. ...

Posted on Tue, 12 Jun 2018 10:25:07 GMT | Read more...

Casino identifies non-core assets and announces EUR 1.5bn asset sale plan

French retailer Groupe Casino, also known as the Casino Group, is looking to raise about EUR 1.50 billion from the sale of certain non-core operations in a bid to reduce its growing debt pile....

Posted on Tue, 12 Jun 2018 10:24:30 GMT | Read more...

CR Cement in placing and top-up subscription

China Resources (CR) is injecting HKD 4.19 billion (USD 533.34 million) into China Resources Cement (CR Cement) to support growth and the repayment of debt....

Posted on Tue, 12 Jun 2018 08:19:36 GMT | Read more...

USG agrees to Knauf takeover

Gebr Knauf has broken down USG’s barriers with an increased offer to take over the firm after its first approach in March was rebuffed. ...

Posted on Tue, 12 Jun 2018 08:18:54 GMT | Read more...

Workday makes USD 1.55bn offer for Adaptive Insights

Workday has agreed to acquire cloud-based business planning and financial modelling tools provider Adaptive Insights for USD 1.55 billion in a deal that comes less than a month after the target filed a prospectus for an initial public offering (IPO). ...

Posted on Tue, 12 Jun 2018 07:20:19 GMT | Read more...