Merger & Acquisition News

NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--CF Acquisition Corp. V (Nasdaq: CFV), a special purpose acquisition company sponsored by Cantor Fitzgerald, and Satellogic, a leader in sub-meter resolution satellite imagery collection, announced today that the Securities and Exchange Commission (the “SEC”) declared effective Satellogic’s registration statement on Form F-4 in connection with their proposed business combination (the “Business Combination”). CF V will hold a special meeting of its sto...

NEW YORK & LONDON--(BUSINESS WIRE)--S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) announced today that they have reached a proposed agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) that permits the companies to proceed with their $44 billion combination. Consistent with the commitments both companies have made to obtain regulatory approval in other jurisdictions, the proposed agreement with the DOJ requires the companies to divest IHS Markit’s Oil Price In...

HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) today announced its entry into an agreement to acquire PropStream, a leader in residential real estate data and analytics for investors, realtors, real estate agents, brokers and lenders. Since its founding more than fifteen years ago, PropStream has been an innovator in aggregating and standardizing property data and delivering value-added solutions to its customers through a single digital point of access. “Through...

SAN FRANCISCO--(BUSINESS WIRE)--JMP Group LLC (“JMP Group”) (NYSE: JMP), an investment banking and alternative asset management firm, announced today that the company’s shareholders have approved at the special meeting of its shareholders (the “Special Meeting”) held today all proposals related to JMP Group’s previously announced Agreement and Plan of Merger, dated as of September 8, 2021 (as it may be amended from time to time, the “merger agreement”), among Citizens Financial Group, Inc. (“Ci...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, today announced that it has completed its acquisition of Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), a full service commercial bank with a full range of business, personal and institutional services. The transaction is valued at approximately $642 million. Eastern and Ce...

ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of Meridian Bancorp, Inc., parent of East Boston Savings Bank, and Rockland Trust’s acquisition of East Boston Savings Bank. The combination reinforces Rockland Trust’s position as the Boston area’s premier community-focused commercial bank. “We heartily welcome the customers of East Boston Savings Bank to Rockland Trust,...

SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Real Estate Partners ("TREP"), the dedicated real estate equity investment platform of alternative asset firm TPG, today announced that it has acquired Cinespace Studios in Chicago and Toronto (“Cinespace”). Cinespace is the second largest independent sound stage platform in North America with best-in-class studio campuses. Terms of the transaction were not disclosed. Founded by the Mirkopoulos family in Toronto together with the Pissios f...

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Offer document published for the voluntary public takeover offer for the exchange of all ADVA shares....

BOSTON--(BUSINESS WIRE)--Outcome Capital served as exclusive strategic and financial advisor to Verrix....

SOUTH HOLLAND, Ill.--(BUSINESS WIRE)--Providence Bank & Trust, along with The Leaders Bank, today announced that they have entered into a definitive merger agreement....