Merger & Acquisition News

SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the signing of an agreement with Direcional Engenharia (BVMF: DIRR3) to invest in the real estate financing startup Direto. The acquisition of 49.9% of Direto's capital, still subject to regulatory approval, represents an important milestone for XP Inc. in a market with high potential and in which Direcional has prov...

BOSTON & BASEL, Switzerland--(BUSINESS WIRE)--Alloy Therapeutics, a biotechnology ecosystem company, announced it has acquired deepCDR Biologics, a Basel, Switzerland-based developer of deep learning technology for antibody discovery and optimization. The team and technology stack will form new bioinformatics and machine learning (ML) capabilities for Alloy and will be fully integrated into Alloy Discovery Services complementary workflow and processes. Alloy will expand the Basel deepCDR site a...

LONDON--(BUSINESS WIRE)--FARFETCH Acquires Luxury Resale Platform LUXCLUSIF...

PARIS--(BUSINESS WIRE)--Regulatory News: Vivendi (Paris:VIV) today announced the acquisition in the coming days of the Lagardère shares owned by Amber Capital following the agreements made public on September 15, 2021. The 24,685,108 shares concerned, representing 17.5% of the Lagardère share capital, will be acquired at a price of €24.10 per share. As a result, Vivendi will own 45.1% of the Lagardère capital. This transaction will not imply any cash transfers from either party since Amber Capi...

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash has entered into a definitive agreement to acquire Clean Streak Ventures LLC adding 33 locations throughout Florida....

IRVINE, Calif.--(BUSINESS WIRE)--Pacific Enterprise Bancorp (“PEB”) (OTCM: PEBN) today announced that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended that PEB shareholders vote “FOR” the proposed merger with BayCom Corp (“BayCom”), as described in PEB’s proxy materials for the special meeting of its shareholders to be held at 4:00 p.m., Pacific time, on December 13, 2021. ISS is widely recognized as a leading independent voting and corpo...

GRAND FORKS, N.D. & PHOENIX--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (NASDAQ: ALRS) announced today the signing of a definitive agreement and plan of merger to acquire MPB BHC, Inc. (“MPHX”) (OTCPK: MPHX), the bank holding company for Metro Phoenix Bank, the largest full-service community bank headquartered in Phoenix. The transaction represents the twenty-fifth acquisition for Alerus since 2000 as part of its long-term plan to continually expand its four business segments—bank...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World, America’s Recreation Dealer, today announced an agreement to acquire the Lloyd Bridges Traveland RV dealerships in Chelsea, MI....

BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), has acquired Welin Lambie Ltd. (Welin Lambie), a leading designer and manufacturer of davits....

NEW YORK--(BUSINESS WIRE)--PresenceLearning, the leading provider of teletherapy and software for special education and mental health providers in K-12 schools, said today that it completed two transactions that will significantly propel the company’s growth and help build the next generation of technology for therapists to expand student services. The company has acquired Global Teletherapy, the leading teletherapy service provider to virtual K-12 schools, and has signed a definitive agreement...