Merger & Acquisition News

IRVING, Texas--(BUSINESS WIRE)--Salem Media Group Announces Plan to Sell Its Salem Church Product Business...

MERRILL, Wis.--(BUSINESS WIRE)--MGT Partners LLC, a privately owned organization backed by experienced insurance executives and investors, announced today that it has acquired CM Select Insurance Company (CM Select) from Church Mutual Holding Company Inc. (Church Mutual)1, a leading insurer of religious organizations in the U.S. Subject to approval of regulatory filings, CM Select will be rebranded as MGT Insurance and operate as a tech-enabled risk solutions platform focused on the commercial...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, has completed the acquisitions of Oxywise s.r.o. (“Oxywise”) and Fraserwoods Fabrication and Machining Ltd. (“Fraserwoods”) for a combined all-cash purchase price of approximately $26 million. Oxywise, based in Slovakia, increases Ingersoll Rand’s broader air treatment capabilities with onsite oxygen and nitrogen generating-systems based on pressure swin...

DALLAS--(BUSINESS WIRE)--CanTex Capital, a commercial real estate investment firm acquired an industrial portfolio of four buildings in Northeast Dallas and McKinney....

BERKELEY, Calif.--(BUSINESS WIRE)--Bolt Threads, Inc. (“Bolt Threads”), a pioneer in sustainable biomaterials for consumer products, announced a definitive agreement for a business combination with Golden Arrow Merger Corp (Nasdaq: GAMC) (“Golden Arrow”) that would result in Bolt Threads becoming a public company. Upon closing of the transaction, the combined company will be named “Bolt Projects Holdings, Inc.” and is expected to remain listed on Nasdaq under a new ticker symbol “BSLK”. Bolt Th...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities’ Aqua Pennsylvania Agrees to Purchase Greenville Water System for $18 Million....

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). Last week, the Philippine Competition Commission (PCC) also indicated its approval of the proposed transaction. All of the government regulatory appro...

SAN DIEGO, Calif.--(BUSINESS WIRE)--CONAM Multifamily Partners Fund III, a discretionary fund sponsored by The CONAM Group (CONAM), is pleased to announce the purchase of Arise Craig Ranch, a 270-unit Class A multi-family community in McKinney, Texas, one of Dallas’ fastest-growing northern suburbs. This property arrives alongside another Class A multi-family community in Dallas, the 300-unit ALMA On Maple. These latest additions to CONAM’s portfolio expand the company’s growing footprint in th...

AURORA, Ill.--(BUSINESS WIRE)--Rensa Filtration, a manufacturer and distributor of consumable, mission-critical air filtration products, announced today that it recently completed the acquisition of Smith Filter, based in Moline, IL. This acquisition expands Rensa’s product portfolio into metal air filters. Smith’s metal filters help protect equipment and processes in commercial and industrial filtration applications involving high temperatures and harsh environments. “I am pleased that Sharily...

DENVER--(BUSINESS WIRE)--Civitas Resources (NYSE: CIVI) (“Civitas”) today signed an agreement with Vencer Energy (“Vencer”), a Vitol investment, to acquire oil producing assets in the Midland Basin of west Texas for a total consideration of approximately $2.1 billion, subject to customary terms, conditions, and closing price adjustments (the “Acquisition”). The Acquisition is expected to close in January 2024 with an effective date of January 1, 2024. Civitas plans to hold a conference call to...