Merger & Acquisition News

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (“KCS”) today announced that its Board of Directors (the “Board”), following a careful and thorough review in consultation with outside financial and legal advisors, has unanimously determined that the unsolicited proposal received from Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) ("CP") on August 10, 2021 to acquire KCS in a cash and stock transaction does not constitute a “Company Superior Proposal” and could not reas...

BRISBANE, Australia & GREENSBORO, N.C.--(BUSINESS WIRE)--Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), and Gilbarco Veeder-Root, a Vontier Corporation (NYSE: VNT) company, today announced the companies have entered into an agreement for Gilbarco Veeder-Root to waive its call option right to acquire Tritium. “Since making our minority investment in Tritium in 2018, we continue to believe it is impor...

JEFFERSONVILLE, Ind.--(BUSINESS WIRE)--Indiana American Water President Matt Prine today announced the company’s acquisition of the River’s Edge water and wastewater systems in Indiana....

BURLINGTON, N.C.--(BUSINESS WIRE)--Labcorp (NYSE: LH), a leading global life sciences company, today announced that it has acquired Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy and parenting. The transaction extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences and fosters better dialogue between health care providers and their pati...

CHICAGO--(BUSINESS WIRE)--Adtalem Global Education (NYSE: ATGE), a leading workforce solutions provider, today announced the completion of its acquisition of Walden University, a leading online healthcare and behavioral sciences education provider, from Laureate Education, Inc. With a projected nursing shortage of more than 500,000 registered nurses by 20301 and a shortage of up to 139,000 physicians by 20332, this transaction has enhanced Adtalem’s ability to address the rapidly growing and un...

DRUMMONDVILLE, Quebec--(BUSINESS WIRE)--Micro Bird Holdings (Micro Bird), a Blue Bird and Girardin joint venture and North American market leader in the Type A school bus market, has acquired a controlling interest in the EV drivetrain integrator and supplier GranTuned Automobiles (Ecotuned). This strategic acquisition firmly positions Micro Bird for substantial growth in the light and medium duty EV market by bringing core electrification-expertise and value to both Micro Bird and the broader...

CHICAGO--(BUSINESS WIRE)--Keystone announced that its portfolio company, MERGE, has acquired Blue Moon Digital to enhance MERGE’s performance marketing capabilities....

CHICAGO--(BUSINESS WIRE)--MERGE acquires Blue Moon Digital, Inc to enhance Performance Marketing capabilities and deepen the firm’s retailer vertical marketing expertise....

ATHENS, Ga.--(BUSINESS WIRE)--Spire Power Solutions L.P. (“Spire”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired the assets of V&F Transformer Corporation (“V&F” or the “Company”), a third-generation family owned business based in Elgin, Illinois with nearly 60 years of operating history. V&F Transformer is a leading manufacturer of custom dry-type transformers and magnetic components for electrical power management and power dis...

SEATTLE--(BUSINESS WIRE)--Patrick Gauthier, who most recently served as Head of Amazon Pay, was today announced as the future CEO of new standalone business-to-business (B2B) cross-border payments and foreign exchange solutions provider Convera. Upon closing of the recently announced acquisition of Western Union Business Solutions (WUBS) by Goldfinch Partners, LLC and The Baupost Group, LLC for $910 million, the business will be renamed Convera. Gauthier and a team of executives filling new rol...