Merger & Acquisition News

DENVER, Colorado--(BUSINESS WIRE)--Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) is pleased to announce today that, during the mandatory reopening period of its voluntary public takeover bid for all the shares of Telenet Group Holding NV (Telenet) (the Offer) by its indirect wholly-owned subsidiary, Liberty Global Belgium Holding B.V. (the Offeror), which closed on 13 September 2023, it received acceptances for 3,164,944 Telenet shares1. These acceptances, together with t...

HAMILTON, Bermuda--(BUSINESS WIRE)--September 19, 2023 -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”), and Triton International Limited (NYSE: TRTN) (“Triton”) announced today that, following clearance from the Committee on Foreign Investment in the United States (CFIUS) on September 18, 2023, all regulatory approvals requ...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern” or the “Company”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced that its wholly owned subsidiary Eastern Insurance Group, LLC (“Eastern Insurance”) today entered into a definitive agreement to sell its insurance operations to Arthur J. Gallagher & Co. (NYSE: AJG) (“Gallagher”) for approximately $510 million (“the insurance transaction”). Also today, Eastern and Cambridge Bancorp (NASDAQ:...

NEW YORK--(BUSINESS WIRE)--Austin Russell Forbes Holdings, controlled by American innovator and automotive tech industry pioneer Austin Russell, today announced that financing for the approximately $800 million acquisition of Forbes Global Holdings Inc. from Hong-Kong based Integrated Whale Media Investments (“IWM” ) is now substantially oversubscribed, with over $2 billion of demand primarily from American tech, media, finance, and AI industry leaders and their family offices. Investors in the...

APPLETON, Wis.--(BUSINESS WIRE)--Johnson Financial Group announced today they have signed an agreement to acquire The Appleton Group, a RIA with $210 million in AUM....

MIAMI--(BUSINESS WIRE)--Bird Global, Inc. (NYSE:BRDS), (“Bird” or the “Company”) a leader in environmentally friendly electric transportation, today announced it has acquired shared electric bike and scooter operator Skinny Labs, Inc, (doing business as Spin) from Berlin-based TIER Mobility. The transaction makes Bird the largest micromobility operator in North America by market share1 and is expected to be immediately accretive to earnings. Spin is now a wholly-owned subsidiary of Bird Rides,...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, has announced the acquisition of Titan Global Insurance Brokerage Inc., a well-established independent brokerage with nearly two decades of experience. This strategic move strengthens Inszone Insurance's position in the market and enhances its ability to deliver unparalleled service and value to clients throughout Southern California, and in...

SPOKANE, Wash.--(BUSINESS WIRE)--Veda Living, a trailblazer in senior living solutions, is thrilled to announce its recent acquisition of Colonial Court, a 48-unit assisted living and memory care community nestled in the heart of Spokane Valley, Washington. This strategic acquisition, masterfully negotiated by Blake Bozett from "The Zett Group," represents a pivotal moment in Veda Living's mission to revolutionize senior living through innovation, cutting-edge technology, and unwavering dedicat...

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--RMA Announces the Acquisition of A3GEO...

LARNACA, Cyprus--(BUSINESS WIRE)--Cian PLC (MOEX: CIAN) (“Cian” or the “Company”), a leading online real estate classifieds platform in Russia, today announced obtaining an approval from the Governmental Commission for Control over Foreign Investments in Russia and signing an agreement to acquire 100% of SmartDeal (Praktika Uspekha LLC). Cian obtained regulatory approvals in line with the preliminary agreement entered into by the parties in April 2023, and announces closing the main part of the...