Merger & Acquisition News

PARIS--(BUSINESS WIRE)--Regulatory News: Sopra Steria (Paris:SOP) announces it will fully acquire Shared Services Connected Ltd (SSCL), a joint venture founded by Sopra Steria and the Cabinet Office. As the joint venture reaches its 10-year anniversary, the Cabinet Office has agreed to sell its 25% stake to Sopra Steria, in line with the original contract. SSCL will become a wholly owned subsidiary of Sopra Steria. Sopra Steria will purchase this 25% stake for an amount of £82.3m in cash. This...

PORTLAND, Ore.--(BUSINESS WIRE)--Global energy storage platform provider Powin LLC (Powin) today announced a new partnership with global technology leader Hitachi Energy. With this landmark collaboration Hitachi Energy will take majority ownership in eks Energy (EKS), a leading supplier of power electronics and energy management solutions for renewables and energy storage projects, previously purchased by Powin in September 2022. This deal will provide EKS with access to Hitachi Energy’s advanc...

GURUGRAM, India--(BUSINESS WIRE)--Toluna announced the appointment of Dixit Chanana as Managing Director of Toluna and MetrixLab India offices....

ZUG, Switzerland--(BUSINESS WIRE)--Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA” or the “Company”), a leading provider of electronic test and measurement devices, to US-based Fortive Corporation (“Fortive”) (NYSE: FTV) for an Enterprise Value of €1,585 Million. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in earl...

WHEATON, Ill.--(BUSINESS WIRE)--  First Trust Advisors Announces Fund Board Approval of Mergers of First Trust Energy Income and Growth Fund, First Trust MLP and Energy Income Fund, First Trust New Opportunities MLP & Energy Fund, and First Trust Energy Infrastructure Fund into First Trust Energy Income Partners Enhanced Income ETF First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of each of First Trust Energy Income and Growth Fund (NYSE American: FEN), First Tru...

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced it has received a request for additional information from the Federal Trade Commission (FTC) as part of the agency’s review of Campbell’s proposed acquisition of Sovos Brands, Inc. (Nasdaq: SOVO). A second request for information is a common feature of the regulatory review for transactions of this type under the Hart-Scott-Rodino Antitrust Improvement Act. The company now expects to complete this transaction in th...

IRVINE, Calif.--(BUSINESS WIRE)--SEW, a global leader in AI-Powered Connected Customer (CX) and Workforce (WX) Experience Industry Cloud Platforms, announces its acquisition of GridExchange, a cutting-edge Transactive Energy software platform, from Alectra Utilities Corporation. GridExchange empowers energy consumers to transition from passive users to proactive prosumers, leveraging distributed energy resources (DERs) such as solar panels, battery storage, and EV (Electric Vehicles). Through a...

MEXICO CITY & NEW YORK--(BUSINESS WIRE)--Accenture has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services....

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. Completes Acquisition of Bradley Corporation...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Damon Motors, Inc. (“Damon”), makers of the award winning HyperSport electric motorcycle, is pleased to announce it has signed a definitive agreement with Inpixon (NASDAQ: INPX) to complete a reverse merger (the “Business Combination”) with a proposed spin-off entity of Inpixon, Grafiti Holding Inc. (“Grafiti”). Grafiti’s assets will consist of Inpixon Ltd., a division of Inpixon’s data analytics and statistical visualization solutions business (“SA...