M&A Editorial News

Masco attracts investors to cabinet unit: Bloomberg

Masco, a building supplies and home improvement company, is working on a disposal of its cabinetry business that has already attracted private equity firms and is likely to be worth around USD 1.20 billion, Bloomberg reported, citing people familiar with the matter. ...

Posted on Wed, 21 Aug 2019 13:56:51 GMT | Read more...

MBH taps into care sector through Samuel Hobson deal

Investment holding company MBH, through its subsidiary Acacia Training, is buying UK-based Samuel Hobson Care Homes and associated property assets in an all-share transaction....

Posted on Wed, 21 Aug 2019 12:52:39 GMT | Read more...

Kinder Morgan to offload stake in Cochin pipeline and the majority of KML to Pembina

Pembina Pipeline has reached an agreement to pick up the US-based portfolio of the Cochin Pipeline and a 70.0 per cent interest in Kinder Morgan Canada Limited (KML) from Kinder Morgan for a combined USD 3.85 billion in proceeds. ...

Posted on Wed, 21 Aug 2019 12:45:52 GMT | Read more...

O’Reilly to snap up Mayasa

O’Reilly Automotive has reached a definitive agreement to buy Mexico-based Mayoreo de Autopartes y Aceites (Mayasa) in a deal which is due to complete in the fourth quarter of this year....

Posted on Wed, 21 Aug 2019 10:47:02 GMT | Read more...

Rolls-Royce in talks with French energy supplier for its civil nuclear business: Sky News

Luxury car manufacturer Rolls-Royce has entered into advanced discussions with a consortium controlled by French energy group EDF for a majority stake in its civil nuclear operations, city sources told Sky News. ...

Posted on Wed, 21 Aug 2019 10:41:42 GMT | Read more...

Cigna planning sale of group benefits division: Reuters

Cigna is exploring a disposal of its group benefits insurance unit, which offers disability, life, accidental death and dismemberment cover, in a deal that could be worth as much as USD 6.00 billion, people familiar with the matter told Reuters....

Posted on Wed, 21 Aug 2019 10:06:28 GMT | Read more...

LMP to house a majority stake in Inside Real

Lovell Minnick Partners (LMP) is buying a majority holding in US-based Inside Real Estate for an unannounced sum. ...

Posted on Wed, 21 Aug 2019 09:14:18 GMT | Read more...

Inflexion to slate a deal with Marley

Inflexion Private Equity Partners, through its Inflexion Buyout Fund V, is acquiring UK-based Marley from Etex, ending the latter’s 20 years of ownership in the roofing business....

Posted on Tue, 20 Aug 2019 14:18:23 GMT | Read more...

Jacobs to expand nuclear portfolio through deal with John Wood

Jacobs Engineering Group has agreed to buy UK-based John Wood Group’s nuclear business for an enterprise value of GBP 250.00 million on a debt- and cash-free basis. ...

Posted on Tue, 20 Aug 2019 13:46:27 GMT | Read more...

IGM Biosciences applies for Nasdaq listing

Biotechnology company IGM Biosciences has filed a prospectus with the US Securities and Exchange Commission to list its common stock on Nasdaq under the symbol IGMS. ...

Posted on Tue, 20 Aug 2019 12:10:23 GMT | Read more...

Elanco enters definitive agreement for Bayer’s animal health unit

Elanco Animal Health has prevailed in the long-awaited auction of Bayer’s animal health division with a USD 7.60 billion cash and stock offer that creates the world’s second-largest company in the sector. ...

Posted on Tue, 20 Aug 2019 10:39:54 GMT | Read more...

SIE to push the button on Insomniac deal

Sony Interactive Entertainment (SIE) has agreed to acquire US-based gaming developer Insomniac Games, the company behind some of the buyer’s PlayStation4 titles, including Marvel’s Spider-Man and the Ratchet & Clank franchise....

Posted on Tue, 20 Aug 2019 10:16:39 GMT | Read more...

General Atlantic takes majority stake in cult beauty group Morphe

General Atlantic has agreed to acquire a majority stake in global beauty company Morphe Holdings, without announcing any terms of the deal. ...

Posted on Tue, 20 Aug 2019 08:59:05 GMT | Read more...

Abry to acquire Portfolio

Abry Partners is picking up US-based Portfolio Holding from fellow private equity firm Capital Z Partners....

Posted on Tue, 20 Aug 2019 08:53:28 GMT | Read more...

Mitel proposes combination with Avaya: Bloomberg

Mitel Networks has approached Avaya Holdings with a proposal that could create a telecommunications equipment giant worth around USD 5.00 billion, including debt, people close to the situation told Bloomberg. ...

Posted on Tue, 20 Aug 2019 08:29:00 GMT | Read more...

CK Asset and Greene King cheers to deal

Greene King has accepted an offer from CK Asset Holdings that values the UK-based brewer and pub operator at GBP 4.60 billion, including debt, in the second investment in the British brewing sector by an Asia Pacific firm in recent months. ...

Posted on Tue, 20 Aug 2019 07:36:35 GMT | Read more...

SK to materialise a deal with PolyOne’s division

SK Capital is snapping up PolyOne’s US-based performance, products and solutions (PP&S) business for USD 775.00 million in cash....

Posted on Mon, 19 Aug 2019 13:59:13 GMT | Read more...

FamilyMart to increase PPIH stake

FamilyMart UNY Holdings wants to boost its 4.9 per cent stake in Pan Pacific International Holdings (PPIH) by as much as 10.1 per cent via a series of market transactions over the next one to two years....

Posted on Mon, 19 Aug 2019 13:38:31 GMT | Read more...

Bystrinsky approaches banks for IPO: Bloomberg

MMC Norilsk Nickel has started asking domestic and international banks to pitch for a position on an upcoming initial public offering of its Bystrinsky copper mine, sources close to the process told Bloomberg....

Posted on Mon, 19 Aug 2019 13:38:10 GMT | Read more...

Centerbridge announces significant investment in GoHealth

Private equity firm Centerbridge Partners has reached an agreement to make a significant investment in direct-to-consumer sales provider for the healthcare insurance sector GoHealth. ...

Posted on Mon, 19 Aug 2019 13:24:52 GMT | Read more...

Audax to pick up EIS

Audax Private Equity is buying US-based EIS, the wholly-owned subsidiary of Genuine Parts Company (GPC), for an undisclosed sum....

Posted on Mon, 19 Aug 2019 13:11:21 GMT | Read more...

CyrusOne exploring a sale, following interest from potential bidder: Bloomberg

Shares in CyrusOne closed up 8.2 per cent on 16th August after Bloomberg reported the US-based data centre operator is exploring a sale after receiving takeover interest. ...

Posted on Mon, 19 Aug 2019 13:07:13 GMT | Read more...

Tilney considering acquisition of Smith & Williamson

Tilney confirmed recent media reports that the wealth manager is in talks to acquire peer Smith & Williamson in a deal being described as a merger that would create a professional services group with GBP 45.00 billion in assets under management....

Posted on Mon, 19 Aug 2019 12:50:01 GMT | Read more...

Satsuma to squeeze investors for cash via IPO

Satsuma Pharmaceuticals, the US migraine treatment developer that raised USD 62.00 million in a series B preferred stock financing in April, has filed for an initial public offering (IPO)....

Posted on Mon, 19 Aug 2019 12:06:24 GMT | Read more...

SpringWorks files to list on Nasdaq

SpringWorks Therapeutics, the venture capital-backed clinical stage biopharmaceutical company founded in 2017 when it acquired the rights to certain assets from Pfizer, intends to list on Nasdaq....

Posted on Mon, 19 Aug 2019 12:06:04 GMT | Read more...