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REIT American Tower Corp. (AMT) announced Monday the commencement of the tender offer by its wholly owned indirect subsidiary, Appleseed Merger Sub LLC, for all outstanding shares of the common stock of CoreSite Realty Corp. (COR) at a price of $170.00 per share in cash. The tender offer is being...

Church & Dwight Co., Inc. (CHD) on Monday agreed to acquire the TheraBreath brand for $580 million in cash. TheraBreath is the second largest brand in the alcohol-free mouthwash category in the United States. The transaction, which is subject to regulatory approval and other customary conditions,...

CareTech Holdings PLC (CTH.L), a provider of specialist social care and education services for adults and children, announced Monday that its Group company, Smartbox Holdings Ltd, is acquiring REHAVISTA GmBH and its subsidiary company LogBUK. In the deal, Smartbox will pay a purchase price of 10 million...

Responding to recent press speculation, British Real estate investment trust Hammerson PLC (HMSO.L) Monday confirmed that it is in discussions on terms of a possible disposal of Silverburn, its flagship destination near Glasgow. Hammerson added that the pricing under discussion is 140 million pounds,...

Shares of Vivo Energy Plc (VVO.L) were gaining around 20 percent after the African retailer of shell and engen-branded fuels and lubricants Thursday announced its agreement to be acquired by Vitol Group for $1.85 or 139 pence in cash for each Vivo Share. The deal values Vivo on a fully diluted basis...

Jenoptik AG (JNPKF.PK), a German integrated photonics company, Thursday said it has signed an agreement to sell the VINCORION division to a fund managed by private equity firm STAR Capital Partnership LLP. The enterprise value amounts to approximately 130 million euros. The company noted that equity...

General Mills (GIS) announced Wednesday that it has agreed to sell its European dough businesses to Cérélia, a global leader in ready-to-bake dough solutions. Financial terms of the deal were not disclosed. The proposed transactions would include General Mills branded and private label dough businesses...

Alstom SA (AOMFF.PK, ALS.L) has agreed to divest its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT3 platform to CAF Group. The divestment was a condition for the clearance of the Alstom/Bombardier deal by the European Commission. Alstom SA noted that the divestiture...

British science and chemicals company Johnson Matthey PLC (JMAT.L) announced Wednesday the sale of its Advanced Glass Technologies or AGT business to Fenzi Holdings SPV S.p.A for 178 million pounds payable in cash on a cash free debt free basis. The deal price is subject to customary completion accounts...

Swiss logistics firm Kuehne + Nagel Group (KHNGY) announced Tuesday the appointment of Stefan Paul as Chief Executive Officer, effective August 1, 2022. Paul succeeds current CEO, Detlef Trefzger, who will step down for private reasons. The company has planned to appoint Trefzger to the Board of...

netflix nov23 California-based entertainment services major Netflix, Inc. (NFLX) on Monday announced plans to acquire privately held global visual effects company Scanline VFX. The transaction is expected to close in first quarter of fiscal 2022. Financial details of the deal have not been disclosed.

Aareal Bank has signed an investment agreement with an entity to be named Atlantic BidCo GmbH, setting out the conditions of a takeover offer to the shareholders of Aareal Bank AG for the acquisition of all outstanding shares against a cash consideration of 29.00 euros per share. The Management Board...

Alternative asset manager Apollo (APO) and EnCap Energy Transition Fund I announced Monday that funds managed by Apollo affiliates have agreed to acquire a 50% stake in Broad Reach Power LLC, a leading utility-scale energy storage and renewable energy platform in the US. The financial terms of the deal...

Goodrich Petroleum Corp. (GDP) announced Monday that it has entered into a definitive merger agreement pursuant to which a subsidiary of Paloma Partners VI Holdings, LLC, an affiliate of EnCap Energy Capital Fund XI L.P., will commence a tender offer to acquire all of Goodrich's outstanding common shares...

ericssonvonage nov22 Swedish networking and telecom company Ericsson Monday announced its agreement to buy Vonage Holdings Corp., a cloud-based communications provider, for about $6.2 billion. Ericsson further said it continues with its previously announced financial targets, including long-term EBITA margins of 15 percent-18 percent. The company has a 2022 target EBIT margin of 12-14 percent for the Group excluding

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