Merger & Acquisition News

OSSEO, Wis.--(BUSINESS WIRE)--Building Industry Partners LLC (“BIP”), the leading building industry-focused private equity investment firm, has formed a new specialty building products component manufacturing platform in partnership with building industry veteran Ted Rock – North American Specialty Laminations (“American Laminations”). BIP and Mr. Rock formed American Laminations to build a best-in-class, people-first component profile wrapping and specialty manufacturing organization. Concurre...

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. [NASDAQ: ACGL] today announced the completion of the previously disclosed acquisition of Westpac Lenders Mortgage Insurance Limited (WLMI), an Australian Prudential Regulation Authority (APRA) authorized captive lenders mortgage insurance (LMI) provider to the Westpac Group (Westpac). With the transaction complete, Arch will proceed with combining the operations of WLMI with its existing Australian LMI company, Arch LMI Pty Ltd. As par...

ALEXANDRIA, Va.--(BUSINESS WIRE)--Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced that it has received a letter, and is aware of a public announcement, from Acacia Research Corporation (NASDAQ: ACTG) regarding a proposal to acquire all of the outstanding shares of common stock of Spok for $10.75 per share in cash. Spok’s Board of Directors intends to evaluate the letter in consultation with its regular independent financial and legal advisors. T...

TOKYO & LONDON--(BUSINESS WIRE)--Renesas and Dialog announced the successful completion of acquisition of Dialog....

TOKYO--(BUSINESS WIRE)--Renesas announced changes in its executive officers and re-assignment of automotive solution business functions effective October 1, 2021....

DALLAS & NEWARK, N.J.--(BUSINESS WIRE)--Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU) today announced the results for the ten proposals considered and voted upon by its shareholders at its extraordinary general meeting of shareholders held on August 30, 2021 (the “Extraordinary General Meeting”). Spring Valley reported that all of the proposals related to the previously announced business combination agreement between Spring Valley and Dream Holdings, Inc. (“AeroF...

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced that it has completed the acquisition of substantially all the assets of Texas-based CBS Rentals (CBS). CBS is a full-service general equipment rental company comprising approximately 190 employees and 12 locations serving construction and industrial customers throughout Texas, as well as locations in Carlsbad, NM, and Kingsport, TN....

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc., (NYSE: CNM) (together with its subsidiaries, “Core & Main”), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, has closed its previously announced acquisition of substantially all of the assets of L & M Bag & Supply Co. Inc., based in Willacoochee, Georgia, and certain of its affiliates. The acquisition marks Core & Main’s 14th since becoming an independent...

HOUSTON--(BUSINESS WIRE)--Cadence Bank announces settlements of claims by U.S. Department of Justice and Office of the Comptroller of the Currency....

CUPERTINO, Calif. & LONDON--(BUSINESS WIRE)--Apple® today announced it has acquired Primephonic, the renowned classical music streaming service that offers an outstanding listening experience with search and browse functionality optimized for classical, premium-quality audio, handpicked expert recommendations, and extensive contextual details on repertoire and recordings. With the addition of Primephonic, Apple Music® subscribers will get a significantly improved classical music experience begi...