Merger & Acquisition News

HAMILTON, Bermuda--(BUSINESS WIRE)--BACARDI ACQUIRES ILEGAL MEZCAL – A LEADING ARTISANAL MEZCAL BRAND IN THE U.S....

LENEXA, Kan.--(BUSINESS WIRE)--Hostess Brands, Inc. (Nasdaq: TWNK) (the “Company” or “Hostess Brands”), announced today that it has entered into a definitive agreement with The J.M. Smucker Co. (NYSE: SJM) to acquire all of the outstanding shares of Hostess Brands in a cash and stock transaction valued at $34.25 per Hostess Brands share, representing a transaction value of approximately $5.6 billion, including the assumption of debt. Under the terms of the agreement, Hostess Brands shareholders...

VAUGHAN, Ontario--(BUSINESS WIRE)--Bausch + Lomb Corporation (NYSE/TSX: BLCO), a leading global eye health company dedicated to helping people see better to live better, today announced that Bausch + Lomb Escrow Corp. (“Escrow Issuer”), a wholly owned subsidiary of the company, has launched an offering of $1.4 billion aggregate principal amount of new senior secured notes due 2028 (“Notes”) and that the company is seeking to enter into an incremental term loan facility, in each case in connecti...

BERLIN--(BUSINESS WIRE)--Spielworks, a leading blockchain startup bridging Web3 and traditional gaming, welcomes Atomic Hub into the constellation of its products and services. Through this acquisition, Spielworks intends to preserve and continue developing the Atomic Hub NFT marketplace and its byproducts and fully integrate its Wombat wallet and the $WOMBAT token with the platform. Spielworks will leverage Atomic Hub’s existing developments to enrich its NFT-related offerings, such as browsin...

STOCKBRIDGE, Ga.--(BUSINESS WIRE)--The former Utility Trailer Sales Company of Georgia is excited to announce its rebrand as Southeast Utility Trailer following an acquisition that sees the dealer expand its footprint into three new states. Based in Stockbridge, Georgia, just outside Atlanta, the former Utility Trailer Sales Company originally operated additional locations in Gainesville, Georgia, and Knoxville, Tennessee. Southeast Utility Trailer is now able to serve Georgia, Eastern Tennesse...

NEW YORK--(BUSINESS WIRE)--The Growth for Good Acquisition Corporation (NASDAQ: GFGD) (“Growth for Good”) today announced that it reconvened and then, following the passing of an ordinary resolution by shareholders, further adjourned, without conducting any other business, its extraordinary general meeting of shareholders (the “Meeting”) to September 11, 2023 at 12:30 p.m., Eastern Time. The adjourned Meeting will be held via the same live webcast at https://www.cstproxy.com/g4gspac/2023. There...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Autonomy™, the nation’s largest electric vehicle subscription company, and EV Mobility, LLC., the leading all-electric vehicle car-sharing platform announce they have entered into an agreement whereby once certain conditions are met Autonomy will acquire the technology, assets and customer accounts of EV Mobility. The acquisition will accelerate flexible (hourly, daily, weekly, monthly, and yearly) access to an EV to a broader market by making an electric...

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fortress Trust is a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators. Through its technology and licensing, Fortress Trust provides critical infrastructure to address the growing enterprise crypto market...

JERSEY CITY, N.J. & BLAINVILLE, Quebec--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Ralik (“Ralik” or the “Company”). The transaction represents the 72nd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. Imperial Dade remains committed to the str...

NEW YORK & BARRON, Wis.--(BUSINESS WIRE)--Barron, Wisconsin-headquarterd Heartisan Foods, a leading manufacturer and the largest online U.S. seller of specialty & flavored cheese, is buying North Country Packaging, also based in Barron County. The transformative deal will triple Heartisan’s manufacturing capacity, support the fast-growing Cheese Brothers online brand with expanded fulfilment capabilities, and allow Heartisan to launch new, innovative products across cheese spreads and chees...