Merger & Acquisition News

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in Ichthys LNG, while INPEX will acquire the remaining 74% and assume operatorship. The permit covers an a...

SYDNEY--(BUSINESS WIRE)--Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, today announced that it has reached agreement to acquire 100% of the outstanding share capital of Honan Insurance Group Pty Ltd (Honan), a leading specialist insurance broker in the areas of corporate risk, employee benefits, and strata and real estate insurance. This includes the 80% holding of majority shareholder TA Associates (TA), a leading global private equity firm. Ter...

NEW YORK--(BUSINESS WIRE)--The Growth for Good Acquisition Corporation (NASDAQ: GFGD) (“Growth for Good”) today announced that the extraordinary general meeting of shareholders (the “Meeting”), which was originally scheduled for August 23, 2023, is being postponed to 10:00 a.m. Eastern Time on August 28, 2023, in connection with Growth for Good’s entry into certain agreements for the subscription of shares in Growth for Good in a PIPE financing upon the consummation of the contemplated business...

TEL AVIV, Israel & LOS ANGELES--(BUSINESS WIRE)--Nuvo Group Ltd. (“Nuvo”), the creators of INVU by Nuvo™, an FDA-cleared remote pregnancy monitoring platform, and LAMF Global Ventures Corp. I (Nasdaq: LGVC, LGVCU, LGVCW) (“LAMF”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon the closing of the transaction, which is expected in the first quarter of 2024, the combined public company is expected...

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of New England Silica, Inc., a wholesale distributor of hardscapes products with one location in South Windsor, Connecticut. “New England Silica has built an impressive reputation as a hardscapes leader since their founding in 1949,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “We look forward to the outstanding New England Silica team joining Site...

PITTSBURGH & NEW YORK--(BUSINESS WIRE)--Arconic Corporation (“Arconic” or the “Company”) and Apollo (NYSE: APO) today announced that Apollo Funds have completed the previously announced acquisition of the Company, which includes a minority investment from funds managed by affiliates of Irenic Capital Management (“Irenic”). The Company will continue to operate under the Arconic name and brand. Tim Myers, Arconic Chief Executive Officer, said, “The closing of this transaction with Apollo Funds br...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has completed the acquisition of Howden Roots LLC (“Roots”) from Chart Industries, Inc. (NYSE: GTLS) in an all-cash transaction of approximately $300 million. Roots expands Ingersoll Rand’s product portfolio with new and incremental low-pressure compression and vacuum technologies. The business goes to market under the widely recognized Roots brand, which...

RICHMOND, Va.--(BUSINESS WIRE)--Aditxt®, Inc. (NASDAQ: ADTX) (“Aditxt” or the “Company”), a global innovation company focused on innovation and activation of precision medicine therapeutics and technologies that monitor and modulate the immune system, is pleased to provide an important update regarding its innovation programs and strategic M&A initiatives. At Aditxt, our DNA is focused on bringing some of the most needed and promising health innovations and solutions to life in a faster, mo...

PALMA, Spain--(BUSINESS WIRE)--Juniper Group is excited to announce the successful acquisition of Vervotech, a tech start-up making significant strides in the Travel Industry....

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) today announced receipt of the assignment of the United Steelworkers’ (USW) right to bid under their Basic Labor Agreement with United States Steel Corporation (NYSE:X) (“U.S. Steel”). With this exclusive assignment, Cliffs is the only realistic buyer able to acquire the totality of U.S. Steel. Furthermore, Cliffs has agreed to assume, upon closing of a transaction, all of the agreements between U.S....