M&A Editorial News

Astaldi ‘receives two takeover approaches’

Italian construction company Astaldi is a potential target after two prospective suitors came forward with bids for the business, according to Reuters....

Posted on Thu, 13 Dec 2018 16:16:32 GMT | Read more...

‘Japan Post considering buying stake in Aflac’

Aflac, a US-based insurer, confirmed recent media reports that it has engaged in discussions with Japan Post Holdings regarding a potential minority investment. ...

Posted on Thu, 13 Dec 2018 14:50:01 GMT | Read more...

GE selling majority stake in ServiceMax

General Electric (GE) has signed on the dotted line to offload a majority stake in ServiceMax, which provides cloud-based field service management software....

Posted on Thu, 13 Dec 2018 14:27:16 GMT | Read more...

Accenture boosting digital media via Adaptly

Accenture Interactive, the marketing services arm of active acquiror Accenture, has agreed to purchase New York-based digital media group Adaptly for an undisclosed amount. ...

Posted on Thu, 13 Dec 2018 14:24:45 GMT | Read more...

KDL to spin off KMD

Shanghai Kindly Enterprise Development (KDL) is in the initial stages of spinning off Shanghai Kindly Medical Devices (KMD) via an initial public offering (IPO) in Hong Kong. ...

Posted on Thu, 13 Dec 2018 14:22:55 GMT | Read more...

Waitr makes USD 300mn+ bid for Bite Squad

Waitr Holdings, a fast-growing US-based restaurant platform, has reached an agreement to acquire online food delivery service provider Bite Squad for USD 321.30 million, subject to adjustments. ...

Posted on Thu, 13 Dec 2018 13:49:16 GMT | Read more...

Sichuan Energy powers up for Hong Kong debut

An initial public offering in Hong Kong by Sichuan Energy Investment Development could fetch as much as HKD 628.99 million (USD 80.48 million) if priced at the top end of the HKD 1.76 to HKD 2.34 range....

Posted on Thu, 13 Dec 2018 13:14:20 GMT | Read more...

Quattro R could buy Trussardi stake: Il Sole 24 Ore

Investment fund Quattro R is nearing an agreement to pick up an 80.0 per cent shareholding in Italian fashion house Trussardi, according to Il Sole 24 Ore....

Posted on Thu, 13 Dec 2018 13:11:28 GMT | Read more...

L Catterton to heat up deal with Cholula

L Catterton is branching into the hot sauce industry by buying Mexican brand Cholula for an undisclosed sum. ...

Posted on Thu, 13 Dec 2018 12:46:45 GMT | Read more...

Cerberus buying Sparton

Private equity firm Cerberus Capital Management has submitted an offer to acquire electromechanical devices maker Sparton....

Posted on Thu, 13 Dec 2018 11:32:03 GMT | Read more...

Bausch to acquire Synergy

Canada’s Bausch Health, formerly known as Valent Pharmaceuticals, has agreed to pick up Synergy Pharmaceuticals, a company focused on the development and commercialisation of novel gastrointestinal (GI) therapies, for USD 200.00 million in cash. ...

Posted on Thu, 13 Dec 2018 10:55:35 GMT | Read more...

Sonic to raise AUD 600mn in cash for acquisition

Australian pathology and diagnostics business Sonic Healthcare is launching a fully underwritten private placement to raise AUD 600.00 million (USD 432.20 million) in a bid to finance its USD 540.00 million acquisition of US-based Aurora Diagnostics. ...

Posted on Thu, 13 Dec 2018 07:32:28 GMT | Read more...

Kraken to raise funds, company valuation to top USD 4bn: ceo

CoinDesk has received email confirmation that Kraken is seeking outside investment after Finance Magnates published an article stating the US cryptocurrency exchange is considering a private offering. ...

Posted on Wed, 12 Dec 2018 14:49:47 GMT | Read more...

Axel Springer may spin off its digital classified ads business: ceo

German publisher Axel Springer is considering demerging its digital classified advertising division in order to generate larger returns for shareholders, according to the company’s chief executive....

Posted on Wed, 12 Dec 2018 14:47:50 GMT | Read more...

‘Unicaja, Liberbank considering merger’

Shares in Spanish lenders Unicaja and Liberbank increased after the two companies confirmed they have started discussions about a potential merger. ...

Posted on Wed, 12 Dec 2018 14:45:30 GMT | Read more...

Hitachi close to buying power grid business

ABB has confirmed it has entered negotiations with Hitachi to sell its power grid business. ...

Posted on Wed, 12 Dec 2018 14:15:17 GMT | Read more...

Berkshire Hills enters Rhode Island via SI

Acquisitive Berkshire Hills is taking SI Financial Group private in an all-scrip deal valued at USD 180.00 million to gain scale in Connecticut and enter the attractive Rhode Island market....

Posted on Wed, 12 Dec 2018 14:07:29 GMT | Read more...

SoftBank to spin off Nvidia: Bloomberg

Softbank is to divest its stake in US-based graphics chipmaker Nvidia in early 2019, Bloomberg noted, citing people close to the matter. ...

Posted on Wed, 12 Dec 2018 13:35:38 GMT | Read more...

EC gives green light to Quaker’s takeover of Houghton

The European Commission (EC) has given its conditional seal of approval to a planned acquisition of UK-based electro mechanical engineering company Houghton International by Quaker Chemical....

Posted on Wed, 12 Dec 2018 13:18:30 GMT | Read more...

Vale boosts pellet capacity with New Steel

Vale is acquiring New Steel, the owner of innovative iron ore beneficiation technologies with patents of dry processing concentration in 57 countries, for USD 500.00 million....

Posted on Wed, 12 Dec 2018 12:43:20 GMT | Read more...

MTY to eat up South St Burger

MTY Food Group has added another food business to its portfolio by agreeing to buy Canadian gourmet burger restaurant chain South St Burger, for an undisclosed sum....

Posted on Wed, 12 Dec 2018 11:59:47 GMT | Read more...

Apax taking over Trade Me

UK private equity firm Apax Partners has signed on the dotted line to acquire Trade Me, the New Zealand-headquartered online auction and advertising platform operator....

Posted on Wed, 12 Dec 2018 11:56:11 GMT | Read more...

CDRCB stake up for auction at USD 2bn+

Anbang Insurance’s asset firesale is gathering pace as the troubled Chinese conglomerate seized by the government earlier this year has put its investment in Chengdu Rural Commercial Bank (CDRCB) on the block....

Posted on Wed, 12 Dec 2018 11:23:43 GMT | Read more...

Sonic to acquire Aurora

Sonic Healthcare has agreed to acquire US-based pathology services and cancer diagnostics group Aurora Diagnostics for USD 540.00 million in a bid to significantly expand its operations in the US. ...

Posted on Wed, 12 Dec 2018 10:57:12 GMT | Read more...

Vista views Ping IPO in 2019 or 2020: Reuters

Vista Equity may have hired Goldman Sachs as lead underwriter for an initial public offering (IPO) of Ping Identity but will not discount acquisition proposals for the identity software developer, Reuters reported....

Posted on Wed, 12 Dec 2018 10:49:13 GMT | Read more...