Merger & Acquisition News

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Great-West Lifeco Inc. (Lifeco) and its subsidiaries remain unchanged following the July 21, 2021 announcement that its U.S. subsidiary, Empower Retirement (legally known as Great West Life & Annuity Insurance Company) has reached a definitive agreement to acquire Prudential Financial, Inc.’s (Prudential) full-service retirement business for approximately CAD 4.45 billion (USD 3.55 billion). Lifeco ex...

LOS ANGELES & OAKVILLE, Ontario--(BUSINESS WIRE)--Michelson Found Animals Foundation (“Michelson Found Animals”), a Los Angeles-based animal welfare organization, today announced that it has reached a definitive agreement with Pethealth Inc. (“Pethealth”), a leading provider of pet insurance, lost pet recovery and shelter management software in the United States, Canada and the United Kingdom, for the acquisition of its microchip registry operations. Philanthropist Gary K. Michelson, M.D., foun...

SALT LAKE CITY--(BUSINESS WIRE)--Crewe (www.crewe.com), independent investment banking, securities, and mergers and acquisitions firm, announced today that it was selected as the strategic advisor on the closely-followed transaction between eLuma (www.elumatherapy.com) and Leeds Equity Partners (www.leedsequity.com). Crewe successfully managed the transaction between eLuma and Leeds Equity Partners, which will give schools and districts around the U.S. the ability to better address special educ...

DALLAS--(BUSINESS WIRE)--Grupo Werthein and AT&T* (NYSE:T) announced today that Grupo Werthein has reached an agreement to acquire AT&T’s Vrio Corp. business unit. Grupo Werthein is a private holding company that has been doing business in Latin America and internationally for more than 100 years and has extensive experience in telecommunications, finance, insurance, agribusiness and real estate. Grupo Werthein has agreed to acquire, subject to customary closing conditions, 100% of the...

CHICAGO--(BUSINESS WIRE)--PayLink Direct and Olive.com, affiliated businesses and leaders in payment services and online vehicle protection plans, today announced that they will go public in a business combination with MDH Acquisition Corp. (NYSE: MDH). The new public company, Olive.com, will be a combination of two proven growth platforms: Olive.com’s current digital vehicle protection plan platform and PayLink Direct’s current industry leading payment services operation. PayLink Direct, found...

MENLO PARK, Calif.--(BUSINESS WIRE)--KKR Partners with Namal Nawana to Form Sapphiros, a Next-Generation Diagnostics Platform...

DENVER--(BUSINESS WIRE)--Whiting Petroleum to Acquire Williston Basin Asset and Divest Colorado Asset...

ST. LOUIS--(BUSINESS WIRE)--Enterprise Financial Services Corp Announces Completion of Merger with First Choice Bancorp...

NEW YORK--(BUSINESS WIRE)--KKR to Acquire Teaching Strategies...

WASHINGTON & BEDFORD, Mass.--(BUSINESS WIRE)--Berkshire Grey, Inc. (“Berkshire Grey”) the leading pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate warehouses and logistics fulfillment centers, and Revolution Acceleration Acquisition Corp (Nasdaq: RAAC) (“RAAC”), a special purpose acquisition company, announced today the completion of their previously announced business combination. Berkshire Grey’s Class A common stock and public warrant...