Merger & Acquisition News

PARIS--(BUSINESS WIRE)--Regulatory News: Claranova (Paris:CLA) (Euronext Paris: FR0013426004 - CLA) today announced the completion of the buyout of all minority interests in Avanquest, its software publishing division, as announced on August 11, for a total consideration of €99.9 million, including a purchase price adjustment of €1.5 million based on Avanquest's cash position1. On this basis, the total value of the division’s shares amounted to €155.9 million3. Pierre Cesarini, CEO of Claranova...

CALGARY, Alberta & KANSAS CITY, Mo.--(BUSINESS WIRE)--Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced they have jointly filed a railroad control application with the Surface Transportation Board (“STB”) regarding the proposed transaction to create Canadian Pacific Kansas City (“CPKC”), the only single-line railroad linking the United States, Mexico and Canada. “We are excited to file our joint application for this unique,...

BOGOTÁ--(BUSINESS WIRE)--An affiliate of H.I.G. Capital completed the acquisition of a majority stake in Grupo Ransa, a leading third-party logistics player in Latin America....

KENILWORTH, N.J.--(BUSINESS WIRE)--Merck Announces Withdrawal and Refiling under the Hart-Scott-Rodino Act and Extension of Tender Offer to Acquire Acceleron Pharma Inc....

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that VICI Properties stockholders approved the proposal to issue VICI common stock in connection with the closing of the previously announced strategic acquisition of MGM Growth Properties LLC (NYSE: MGP) (“MGP”). At the VICI Properties Special Meeting of Stockholders held today, more than 99.9% of the votes cast were voted in favor of the issuance of new shares of VICI common stock...

NEW YORK--(BUSINESS WIRE)--Wolters Kluwer Governance, Risk & Compliance (GRC) has acquired LicenseLogix LLC, a provider of U.S. business licensing services....

ATLANTA & HOUSTON--(BUSINESS WIRE)--Hire Dynamics, a top 1% U.S. staffing firm based in Atlanta, deepens its reach into Texas markets with acquisition of Houston-based The Daniel Group....

NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Infrastructure Partners (“MSIP”), a private infrastructure team within Morgan Stanley Investment Management, announced today that they have acquired SpecialtyCare, Inc. (“SpecialtyCare” or the “Company”) from Kohlberg & Company, LLC (“Kohlberg”). SpecialtyCare operates the leading network of outsourced clinical services to hospital operating rooms in the U.S. With 1,200+ client hospitals in 46 U.S. states, it is the leadi...

NORTH SIOUX CITY, S.D. & BOLINGBROOK, Ill.--(BUSINESS WIRE)--Vertical Cold Storage launches nationwide network of state-of-the-art facilities with distribution center in the greater Chicago area...

DEERFIELD, Ill.--(BUSINESS WIRE)--Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of two agencies: Bagwell & Bagwell Insurance and Blue Communications. Effective October 1, 2021, the addition of the new locations will bolster services and expertise across property and casualty insurance and employee benefits solutions. Here’s a glance at Alera Group’s two new locations: Bagwell & Bagwell Insurance, a leading property and cas...