M&A Editorial News

Casella Family Brands may go on the block: AFR

Australian wine maker Casella Family Brands, known for its Yellow Tail brand, could be put up for sale, according to the Australian Financial Review’s Street Talk publication....

Posted on Fri, 21 Jun 2019 15:05:34 GMT | Read more...

Paragon Entertainment could be sold

London Aim-listed visitor attraction designer Paragon Entertainment may be a sale target after announcing it intends to appoint administrators....

Posted on Fri, 21 Jun 2019 14:37:52 GMT | Read more...

Bitmain could revive plans for an IPO: Bloomberg

Bitmain Technologies is considering reviving plans for an initial public offering (IPO) later this year, Bloomberg reported, citing sources with inside knowledge of the situation. ...

Posted on Fri, 21 Jun 2019 14:04:44 GMT | Read more...

GFL hires advisors for a dual-listing: Globe

A slate of advisors is handling an upcoming dual-listing of GFL Environmental in August that could fetch as much as CAD 1.98 billion (USD 1.50 billion) to fund future growth, a source told the Globe and Mail....

Posted on Fri, 21 Jun 2019 13:29:52 GMT | Read more...

Fortress weighing sale of CoreVest: Bloomberg

Fortress Investment Group is considering strategic alternatives for CoreVest, its residential real estate investment firm, in a deal that could be worth USD 400.00 million, or more, if a sale is the chosen option, Bloomberg reported. ...

Posted on Fri, 21 Jun 2019 13:21:53 GMT | Read more...

Bank of America Merrill Lynch handling Puma asset sale: Reuters

Bank of America Merrill Lynch is advising Puma Energy on a divestment of assets, Reuters reported, a month after Trafigura’s petroleum products storage and retail facilities operator subsidiary hinted a divestment programme is on the cards....

Posted on Fri, 21 Jun 2019 13:05:45 GMT | Read more...

Evergrande, Zhengbo and Future Capital subscribe for Shengjing shares

China Evergrande’s Evergrande Nan Chang is subscribing for shares in Shengjing Bank worth CNY 13.20 billion (USD 1.92 billion) to support the Hong Kong-listed, mainland-based lender’s capital adequacy levels....

Posted on Fri, 21 Jun 2019 11:47:44 GMT | Read more...

Searchlight agrees Bezeq purchase

Private equity firm Searchlight Capital has signed on the dotted line to pick up a controlling stake in Bezeq Israeli Telecommunication from Harel Insurance Investments and Financial Services, according to Globes....

Posted on Fri, 21 Jun 2019 11:46:39 GMT | Read more...

‘Renault, Nissan strike deal with Waymo for self-driving cars’

Automotive giants Renault and Nissan have reached an exclusive deal with self-driving technology developer Waymo that will see the parties form an alliance, according to multiple sources....

Posted on Fri, 21 Jun 2019 10:55:40 GMT | Read more...

China National Gold eyes Iamgold: Reuters

Shares in Iamgold finished 6.8 per cent higher yesterday with a market value of CAD 1.99 billion (USD 1.51 billion) on a Bloomberg report indicating China National Gold Group has hired advisors on a potential takeover....

Posted on Fri, 21 Jun 2019 10:48:45 GMT | Read more...

Monotype considers options after investor interest: Bloomberg

Monotype Imaging Holdings is exploring strategic alternatives after receiving takeover interest from private equity firms, people with knowledge of the matter told Reuters. ...

Posted on Fri, 21 Jun 2019 10:24:15 GMT | Read more...

Vera Bradley to pick up Pura Vida

Vera Bradley has agreed to acquire a 75.0 per cent stake in US-based Creative Genius, operating under the name Pura Vida Bracelets, for USD 97.50 million in cash....

Posted on Fri, 21 Jun 2019 10:15:03 GMT | Read more...

Delta supports Hanjin’s defence against activist investor

Delta Air Lines has taken a 4.3 per cent stake in Hanjin Kal and intends to increase the investment to 10.0 per cent in the future to help the South Korean holding company fend off advances by an activist investor....

Posted on Fri, 21 Jun 2019 09:25:02 GMT | Read more...

Chevron Phillips Chemical bids USD 15bn+ for Nova: Reuters

Chevron Phillips Chemical is offering more than USD 15.00 billion, including debt, to acquire the Canadian plastics manufacturer put on the block earlier this year by Mubadala Investment, sources close to the situation told Reuters....

Posted on Fri, 21 Jun 2019 09:24:39 GMT | Read more...

Atlantia to cut debt with a sale of minority stake in Telepass: Reuters

Atlantia is working on selling a 3.0 per cent stake in Telepass in a deal that could value the Italian toll-road payments group at around EUR 2.00 billion and will ultimately reduce debt and fund growth, people familiar with the matter told Reuters. ...

Posted on Fri, 21 Jun 2019 09:09:22 GMT | Read more...

UnitedHealth agrees to acquire Equian: WSJ

UnitedHealth Group has reportedly signed on the dotted line to pick up health-care payments company Equian, according to the Wall Street Journal (WSJ), just one day after completing its acquisition of DaVita Medical, via health services subsidiary Optum....

Posted on Fri, 21 Jun 2019 08:04:54 GMT | Read more...

Macquarie taking over Premier Technical Services

Macquarie Principal Finance has reached an agreement to acquire Premier Technical Services, a UK-headquartered provider of installation and maintenance services for access and safety equipment....

Posted on Thu, 20 Jun 2019 15:09:55 GMT | Read more...

Fazer to milk a deal with Kaslink

Fazer Group is snapping up Kaslink, a Finnish manufacturer of Scandinavian food products, for an undisclosed sum....

Posted on Thu, 20 Jun 2019 13:53:50 GMT | Read more...

Thyssenkrupp steeled for a KlöCo deal: Manager Magazin

Manager Magazin has reported Guido Kerkhof, the chief executive of Thyssenkrupp, is in early-stage discussions with his counterpart at Klöckner regarding a potential public takeover of the German metals trader commonly abbreviated to KlöCo....

Posted on Thu, 20 Jun 2019 13:39:46 GMT | Read more...

TDR may bid for BCA

Shares in BCA Marketplace are up 21.7 per cent at the time of writing today after the listed used car marketplace confirmed advanced discussions with TDR Capital regarding an all-cash offer valued at GBP 1.91 billion....

Posted on Thu, 20 Jun 2019 13:34:39 GMT | Read more...

Abris brushes deal with Dentotal

Private equity group Abris is acquiring Romanian dental consumables, instruments and equipment distributor Dentotal Protect from the Dogariu family, who will remain with the company following completion. ...

Posted on Thu, 20 Jun 2019 13:04:53 GMT | Read more...

Mondelez to take a bite out of Perfect Snacks

Mondelez International is buying a majority stake in US-based nutrition bar manufacturer Perfect Snacks....

Posted on Thu, 20 Jun 2019 12:27:25 GMT | Read more...

Brown Shipley to bank a deal with NW Brown

Private bank Brown Shipley has agreed to acquire UK-based wealth management company NW Brown & Co for an undisclosed sum....

Posted on Thu, 20 Jun 2019 12:22:21 GMT | Read more...

GSK planning GBP 1bn worth of sales ahead of spinoff: Reuters

GlaxoSmithKline (GSK) is seeking GBP 1.00 billion in cash from divestments of consumer healthcare brands ahead of its planned spin off of the consumer business into a joint venture with Pfizer later this year, people close to the matter told Reuters. ...

Posted on Thu, 20 Jun 2019 11:39:42 GMT | Read more...

Argentex targets GBP 120mn capitalisation

Foreign exchange services provider Argentex expects to have a market capitalisation of GBP 120.00 million on admission to London’s Aim on 25th June after pricing its initial public offering (IPO) at 106.00 pence apiece....

Posted on Thu, 20 Jun 2019 11:21:49 GMT | Read more...