Merger & Acquisition News

TORONTO & NEW YORK--(BUSINESS WIRE)--In a move that turbocharges Real’s presence throughout the Kansas City metropolitan area, four of the market’s top producing teams – Group O’Dell Real Estate Team, The Andy Blake Group, Applebaum KC Homes and Long Real Estate – recently joined forces to make the move to The Real Brokerage Inc. (NASDAQ: REAX). Real, the fastest-growing, publicly traded real estate brokerage, announced the moves today. Collectively, these teams have sold more than 9,000 homes...

WASHINGTON--(BUSINESS WIRE)--Brightstar Capital Partners today unveils Astrion (the “Company”), a new company committed to innovation and customer progress in the U.S. Government’s Civilian, Defense, and Space communities. Astrion brings together two flagship government services firms, Oasis Systems and ERC, with a combined 60-year legacy of dedicated service, proven results, and mission success. Astrion embraces a forward-thinking spirit to tackle critical challenges across cybersecurity, digi...

ECULLY, France--(BUSINESS WIRE)--Regulatory News: SEB Alliance, the Groupe SEB (Paris:SK) investment vehicle, announced the acquisition of a minority stake in the auum start-up, "Arrêtons l’Usage Unique maintenant" (Stop Single-Use Now). A French production Designed and assembled at Châtillon, in France, at its brand-new production site covering 1,300m², the auum machine offers an ecological alternative to disposable cups and mugs. Certified Guaranteed French Origin, the machine enables, in one...

TOKYO & DUBLIN--(BUSINESS WIRE)--SoftBank Corp. and Cubic Telecom signed an agreement whereby SoftBank will invest approx. 473 million EUR in Cubic Telecom for a 51.0% equity stake....

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited (Nasdaq: ARCE) (“Arco” or the “Company”), a leading operating system for K-12 schools announced today that at an extraordinary general meeting of shareholders held today, Arco’s shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the “Merger Agreement”), dated as of August 10, 2023, among the Company, Achieve Holdings (“Achieve”) and Achieve Merger Sub,...

RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million. Based in Cedar City, Utah, AMPAC is the leading North American manufacturer of critical performance additives used in solid rocket motors for space launch and military defense applications. AMPAC is qualified on many NASA an...

CAMBRIDGE, England & WALTHAM, Mass.--(BUSINESS WIRE)--Abcam plc (Nasdaq: ABCM) (‘Abcam’, the ‘Group’ or the ‘Company’), a global leader in the supply of life science research tools, entered into a definitive agreement on August 26, 2023 relating to its proposed acquisition by Danaher Corporation (NYSE: DHR) (‘Danaher’) for $24.00 per share in cash (the ‘Transaction’), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the ‘Scheme‘). The...

TORONTO--(BUSINESS WIRE)--MechCan Inc. (“MechCan”) is pleased to announce its acquisition of Pro Ace Heating & Air Conditioning (“Pro Ace”). Pro Ace gives Vancouver homeowners the peace of mind that their heating and air conditioning systems are operating properly, safely and efficiently during all seasons. This marks MechCan’s seventh transaction since its launch in January 2022 and its first in British Columbia. MechCan was founded to enable owner-operators of HVAC, plumbing and electrica...

ST. LOUIS--(BUSINESS WIRE)--Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired Ocean State Packaging, Inc. (“Ocean State”), a Rhode Island based supplier of plastic bottles and other rigid packaging products. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”). Founded in 1990, Ocean State is a trusted supplier of stock and custom packaging solutions to a national network of long-tenu...

NEW YORK & LONDON--(BUSINESS WIRE)--Fitch Group announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (“Bixby”)....