logo

Mergers & Acquisitions

Share

Holcim Group (HCMLY.PK, HCMLF.PK), a Swiss building materials maker, Tuesday said it has completed the acquisition of the Polymers Sealants North America or PSNA division of Illinois Tool Works Inc. (ITW). PSNA is a provider of coating, adhesive and sealant solutions with 2022 estimated net sales...

Sika AG (SXYAY.PK, SKFOF.PK), a Swiss specialty chemical company, said on Tuesday that it has revised up its guidance for fiscal 2022. In addition, it has also confirmed the proposed acquisition of MBCC Group, the former BASF Construction Chemicals, as strategic fit for the company. For fiscal...

Viasat Inc. (VSAT), a global leader in satellite communications, announced Monday it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies, Inc. (LHX) for $1.96 billion, subject to customary transaction adjustments in accordance with the...

LogicBio Therapeutics, Inc. (LOGC), a company focused on gene delivery and editing platforms to treat rare diseases, said on Monday that it has inked a deal to be acquired by Alexion, AstraZeneca Rare Disease Alexion, through a subsidiary, will start a cash tender offer to acquire all shares of LogicBiofor...

Vodafone Group Plc (VOD.L, VOD) has confirmed on Monday that it is in talks with CK Hutchison Holdings Limited on a possible merger of Vodafone UK and Three UK. By merging their businesses, both parties will gain the necessary scale to boost the rollout of full 5G in the UK and expand broadband connectivity...

Prosus N.V., a Dutch consumer internet group, Monday announced that its agreement to acquire Indian digital payments provider BillDesk has been terminated automatically. It was on August 31, 2021 that Prosus announced its agreement between its unit PayU Payments Private Limited and the shareholders...

Halma Plc (HLMA.L), a British group of life-saving technology companies, announced Monday that it has acquired U.S.-based IZI Medical Products, LLC. The initial consideration for IZI is $153.5 million or about 138 million pounds on a cash- and debt-free basis. The net initial consideration is approximately...

RWE AG (RWEOY.PK), a German energy firm, said it has agreed to buy Con Edison's Clean Energy Businesses for an enterprise value of $6.8 billion. Closing of the transaction is expected to take place in the first half of 2023. Furthermore, with EBITDA of around $600 million from year one on, the acquisition...

Civista Bancshares, Inc. (CIVB) Friday announced a definitive agreement pursuant to acquiring Pittsburgh-based Vision Financial Group, Inc. The transaction in cash and shares of Civista common stock is expected to close on October 3. The acquisition of full-service general equipment leasing & financing...

Sports and entertainment company Endeavor Group Holdings, Inc. (EDR) announced Friday the closure of its acquisition of OpenBet, a leading content, platform and service provider to the sports betting industry, from Light & Wonder, Inc. (LNW) for approximately $800 million paid through a combination of...

DuPont de Nemours, Inc. (DD) and Rogers Corp. (ROG) on Friday provided an update on regulatory approval of the pending merger of Rogers and Cardinalis Merger Sub, Inc., a wholly owned subsidiary of DuPont, which was previously expected to close in the third quarter of 2022. The companies said they...

Arthur J. Gallagher & Co. (AJG) Thursday said it has agreed to buy Buffalo, New York-based M&T Insurance Agency Inc., an indirect subsidiary of M&T Bank Corporation. In connection with the transaction, Gallagher will become the preferred insurance broking partner of M&T Bank. The transaction is subject...

Enbridge Inc. (ENB), a Canadian pipeline company, said on Thursday that it has acquired Tri Global Energy or TEG, an onshore wind developer in the U.S., for $270 million in cash and debt. In addition, up to around $50 million could be made as contingent payment on successful execution of TGE's project...

Brookfield Renewable (BEP, BEP.UN.TO), together with its institutional partners, announced on Thursday two further investments in the U.S. renewable energy sector. Brookfield Renewable has agreed to acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to...

Globant (GLOB) has acquired Sysdata, an Italian business and technology consultancy focused on delivering digital transformation. Globant said it will land in Italy to expand footprint of clients and propel the relationship with Sysdata's long-standing ones. Roberto Vecchione, founder of Sysdata, will...

Follow RTT