Mergers & Acquisitions

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Motive Television plc (MTV.L) Wednesday announced that it has reached a final and binding agreement to acquire the remaining 32.3 percent of its Spanish subsidiary Motive Television SL that it does not own for 600 thousand euros or approximately 480 thousand pounds. The agreement has been reached...

Artisan Energy Corp. (AEC.V) has completed its acquisition of all of the issued and outstanding shares of each of MOGL Corp. and Spur Energy Corp., private oil and gas exploration and production companies with operations in Western Canada. Total consideration paid by Artisan for all of the issued...

Activist investor Carl Icahn has raised his stake in car-rental company Hertz Global Holdings Inc. (HTZ) to 10.77 percent from the 8.48 percent stake that he previously held in the company. According to a filing with the Securities and Exchange Commission, Icahn increased his stake in Hertz to 49.29...

Grupo Financiero Santander México, S.A.B. de C.V. (BSMX) or Santander México, agreed Tuesday to acquire a consumer loan portfolio of about 4.10 billion pesos or $300 million, from the Mexican unit of Canada's Bank Of Nova Scotia (BNS, BNS.TO) or Scotiabank. Santander México is the Mexican subsidiary...

Health insurer Aetna Inc. (AET) Tuesday said it closed the acquisition of bswift, an insurance exchange technology company. On March 11, the company announced that it would acquire bswift for about $400 million.

Shares of Advanced Computer Software Group Plc. (ASW.L) or ACS climbed around 15 percent in the morning trading in London after the firm agreed to be acquired by Vista Equity Partners in about 725 million pounds deal. In a statement, Vista Equity Partners announced that its investment vehicle Air...

Clarkson PLC (CKN.L) announced its proposed acquisition of the entire issued share capital of RS Platou ASA for a total consideration of 281.2 million pounds. The combination of the Clarksons Group and the Platou Group would create a global shipping and offshore services business headquartered in London....

German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) is exploring a sale of its diabetes device unit, Bloomberg reported Monday, citing people with knowledge of the matter. According to the Bloomberg report, Credit Suisse Group AG is advising Bayer on a potential sale of the unit, which could...

Two Canadian pension funds - Ontario Teachers Pension plan and Canada's Public Sector Pension Investment Board - are nearing a $7 billion deal to buy Canadian satellite company Telesat Holdings Inc, Bloomberg reported Monday, quoting people familiar with the matter. As per the terms being discussed,...

RF Micro Devices, Inc. (RFMD) and TriQuint Semiconductor, Inc. (TQNT) said Monday that they have received all necessary shareholder and regulatory approvals to move forward with their previously announced merger of equals and have set December 31, 2014, as the anticipated closing date for the deal. Trading...

Healthcare company PerkinElmer Inc. (PKI) Monday said it agreed to acquire Swedish Perten Instruments Group AB, a maker of food quality control instruments, for about $266 million. The company expects the acquisition to add minimally to its adjusted earnings per share in 2014. Jon DiVincenzo, president...

Hospitals operator HealthSouth Corp. (HLS) agreed Monday to acquire privately-held EHHI Holdings, Inc., which owns Encompass Home Health and Hospice, for about $750 million. The deal, approved by the boards of directors of both companies, is expected to close before the end of 2014. "One of our stated...

Synalloy Corp. (SYNL) announced it has acquired Specialty Pipe & Tube Inc., a master distributor of seamless carbon pipe, with a focus on heavy wall, large diameter products. The deal is valued at $31.5 million, and potential earn-out payments up to $5 million over two years should the business unit...

BioMarin Pharmaceutical Inc (BMRN) Monday said it has entered into a definitive agreement with the Netherlands-based Prosensa Holding N.V. (RNA), under which BioMarin will offer to buy Prosensa for $17.75 per share in cash or for a total upfront consideration of about $680 million, and regulatory milestone...

Stifel Financial Corp. (SF) Monday said, it will buy banking firm Merchant Capital, LLC, to further advance its position in the Southeast. The terms of the deal is not revealed. "The addition of Merchant Capital marks our third public finance acquisition following Stone & Youngberg in 2011 and...