M&A Editorial News

‘Canopy stirring the pot for Acreage deal’

Canadian marijuana producer Canopy Growth is believed to be nearing an agreement to acquire listed, US-based cannabis cultivation company Acreage Holdings....

Posted on Thu, 18 Apr 2019 14:26:05 GMT | Read more...

Chrysaor chosen to acquire Conoco’s North Sea assets

Chrysaor has been chosen as the preferred buyer for the British North Sea oil and gas assets of ConocoPhillips, which put the operations on the block in November. ...

Posted on Thu, 18 Apr 2019 13:41:34 GMT | Read more...

SWHY to raise HKD 9bn after pricing Hong Kong offer

Mainland-listed investment holding company Shenwan Hongyuan (SWHY) will raise HKD 9.09 billion (USD 1.16 billion) in Hong Kong after pricing the upcoming sale of H shares at the lowest end of the indicative range....

Posted on Thu, 18 Apr 2019 13:18:32 GMT | Read more...

Life360 to commence IPO

US-based family tracking application Life360 has filed for a AUD 145.00 million (USD 104.14 million) initial public offering (IPO) on the Australian Securities Exchange....

Posted on Thu, 18 Apr 2019 13:02:23 GMT | Read more...

‘Uber’s ATG gears up for USD 7.25bn valuation’

A potential investment more than six months in the making is closer to completing as reports have emerged that a slate of investors ranging from SoftBank’s Vision Fund to Toyota intend to inject USD 1.00 billion into Uber’s self-driving arm....

Posted on Thu, 18 Apr 2019 12:02:05 GMT | Read more...

Ninebot segues to Sci-Tech board IPO

Ninebot, the Chinese intelligent short-distance transportation equipment operator that bought struggling US two-wheeled personal scooter maker Segway in 2015, is landing on Shanghai’s Sci-Tech Innovation Board....

Posted on Thu, 18 Apr 2019 10:13:56 GMT | Read more...

‘Reliance not playing around with Hamleys’

India’s Reliance Retail, a subsidiary of Reliance Industries, is aggressively pursuing a deal with UK-based toy retailer Hamleys, sources told Moneycontrol....

Posted on Thu, 18 Apr 2019 09:58:44 GMT | Read more...

Pinterest prices IPO at USD 19 per share

Pinterest, the Californian scrapbooking application, has priced its initial public offering (IPO) at higher than the expected range ahead of its stock market debut later today. ...

Posted on Thu, 18 Apr 2019 09:56:14 GMT | Read more...

Pernod to raise a glass with Malfy deal

French alcoholic beverage producer Pernod Ricard is buying Italian super-premium gin brand Malfy from Biggar and Leith....

Posted on Wed, 17 Apr 2019 13:48:56 GMT | Read more...

‘Saudi Aramco to take full control of SASREF’

Saudi Aramco is once again taking up column inches, this time on reports the world’s largest crude oil exporter is buying out Shell from their 50:50 refining complex Saudi Aramco Shell Refinery (SASREF)....

Posted on Wed, 17 Apr 2019 13:37:07 GMT | Read more...

Saudi Aramco seeks downstream partnership with Reliance: ToI

Saudi Aramco is reportedly in serious talks to acquire up to a quarter of Reliance Industries’ refining and petrochemicals business in a deal that could value the downstream arm at USD 55.00 billion to USD 60.00 billion....

Posted on Wed, 17 Apr 2019 13:32:31 GMT | Read more...

New Mountain is weighing a USD 3.5bn sale of Equian: Bloomberg

After closing its first net lease real estate fund earlier this month and days after acquiring the chemical business of ACETO, New Mountain Capital is now exploring a divestment of healthcare payments firm Equian, Bloomberg reported....

Posted on Wed, 17 Apr 2019 11:37:39 GMT | Read more...

Expedia books Liberty Expedia acquisition

Expedia Group is acquiring Liberty Expedia Holdings in order to remove the super-voting stock structure split between the billionaire media moguls John Malone and Barry Diller....

Posted on Wed, 17 Apr 2019 11:23:06 GMT | Read more...

Americold turns up the temperature with Cloverleaf

Americold Realty Trust is buying Chiller Holdco, the US cold storage provider better known as Cloverleaf Cold Storage, from management and an investor group led by by Blackstone for USD 1.24 billion. ...

Posted on Wed, 17 Apr 2019 10:13:56 GMT | Read more...

Apollo reacquires SFS

Apollo Global Management is taking control of Smart & Final Stores (SFS) for the second time in the US food retailer’s history after tabling an all-cash offer equating to an enterprise value of USD 1.12 billion....

Posted on Wed, 17 Apr 2019 09:56:52 GMT | Read more...

Nippon does not gloss over DuluxGroup value

Nippon Paint Holdings is acquiring DuluxGroup in an AUD 4.20 billion (USD 3.00 billion) deal that Zephyr, the M&A database published by Bureau van Dijk, shows will be second-largest public takeover of a global paint and coating manufacturer on record....

Posted on Wed, 17 Apr 2019 09:56:33 GMT | Read more...

Park family to sell its stake in Asiana

Family-controlled Kumho Asiana Group announced it will sell its entire 33.5 per cent stake in flagship Asiana Airlines to secure liquidity as part of a restructuring plan for the struggling, debt-ridden carrier....

Posted on Wed, 17 Apr 2019 06:27:46 GMT | Read more...

Tianfeng goes cap in hand to stockholders for CNY 8bn

Tianfeng Securities has started sounding out the possibility of tapping existing shareholders for CNY 8.00 billion (USD 1.19 billion) by way of a rights issue merely six months since landing a listing on the A-share market....

Posted on Wed, 17 Apr 2019 06:26:58 GMT | Read more...

Centerbridge weighing options for Reddy Ice: Bloomberg

Private equity firm Centerbridge Partners is looking at freezing out its packaged ice company Reddy Ice Holding, people familiar with the matter told Bloomberg....

Posted on Tue, 16 Apr 2019 13:52:04 GMT | Read more...

Zoom changes IPO terms ahead of debut

Just days away from listing, Zoom Video Communications has changed the range for the pricing of its initial public offering (IPO) on Nasdaq to target a potential market capitalisation on admission of roughly USD 8.98 billion....

Posted on Tue, 16 Apr 2019 13:50:12 GMT | Read more...

Kingspan to wear Recticel’s insulation crown

Kingspan has tabled an EUR 700.00 million offer to acquire the insulation and flexible foams divisions of Belgium-based industrial player Recticel. ...

Posted on Tue, 16 Apr 2019 13:43:08 GMT | Read more...

Liberty Mutual to acquire divisions from AmTrust

Liberty Mutual Insurance is buying the global surety and credit reinsurance operations of US-based AmTrust Financial Services, a property and casualty insurer which specialises in coverage for small to midsize businesses, for an undisclosed sum....

Posted on Tue, 16 Apr 2019 13:23:05 GMT | Read more...

Adtalem to acquire financial services unit of OnCourse Learning

Adtalem Global Education has reached an agreement to acquire OnCourse Learning’s financial services business that offers a full-portfolio, including sub-brands BankersEdge and TTS, for USD 121.00 million in cash. ...

Posted on Tue, 16 Apr 2019 10:53:37 GMT | Read more...

Brooge gets backdoor US listing via Twelve Seas deal

US-based blank check group Twelve Seas Investment has agreed to acquire United Arab Emirates (UAE)-based oil storage and services business Brooge Petroleum and Gas Investment for USD 1.00 billion. ...

Posted on Tue, 16 Apr 2019 10:52:35 GMT | Read more...

Saudi Aramco signs off on Hyundai Oilbank deal

Saudi Arabian Oil (Saudi Aramco) will acquire 17.0 per cent of Hyundai Oilbank from Hyundai Heavy Industries Holdings (HHI) for KRW 1,375 billion (USD 1.25 billion) to establish a dedicated outlet for Arabian crude oil to South Korea. ...

Posted on Tue, 16 Apr 2019 10:18:26 GMT | Read more...