Merger & Acquisition News

EL SEGUNDO, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--Stamps.com Enters Definitive Agreement to be Acquired by Thoma Bravo in $6.6 Billion Transaction...

PARIS--(BUSINESS WIRE)--Accenture completed its acquisition of Linkbynet, a leading cloud services provider headquartered in France....

BOSTON--(BUSINESS WIRE)--Welcome Dairy Holdings (“Welcome”), a New Heritage Capital portfolio company, is pleased to announce it has acquired North Star Processing (“North Star”). North Star is a leading provider of spray drying services for the food ingredient industry, with an impressive track record of growth since it was founded in 2000. The acquisition further extends Welcome’s capabilities and will allow it to provide services spanning initial flavor formulation through full scale ingredi...

HONG KONG--(BUSINESS WIRE)--NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION Gopher Investments (“Gopher”), a 4.97% shareholder in Playtech plc (“Playtech”), today announces that it has indicated to the Board of Playtech that it will offer to pay to Playtech a break fee of USD 10 million on the terms below. This break fe...

HONG KONG--(BUSINESS WIRE)--On July 5, CAR Inc said in a statement that offeror Indigo Glamour Co Ltd, a subsidiary of MBK Partners, completed the compulsory acquisition of all remaining offer shares of the company. MBK Partners expected the privatization of CAR Inc to be concluded on July 8. After the privatization deal wraps up, MBK Partners will hold a 100% stake of CAR Inc. The deal will further consolidate the capital structure of CAR Inc, making it one of the core assets in MBK’s growing...

NEW YORK--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has agreed with the board of Vectura Group plc (Vectura) (LSE: VEC) on the terms of an all-cash, recommended offer to acquire Vectura for an enterprise value of GBP 852 million1 (approximately USD 1.2 billion2). Under the terms of the acquisition, Vectura shareholders would be entitled to receive 150 pence per share, a 46% premium to the ex-dividend closing price per Vectura share of 103 pence on May...

PARIS--(BUSINESS WIRE)--Regulatory News: PlanetArt, the personalized e-commerce division of Claranova (Paris:CLA), announced today that it has acquired certain assets of Minneapolis-based I See Me!® from the McEvoy Group in a move that signals the company’s deepening commitment to custom children’s products. I See Me! publishes more than 60 personalized children’s books, as well as other products for children, each of which can be customized via its website with information such as a child’s na...

MONTREAL & KANSAS CITY, Mo.--(BUSINESS WIRE)--CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today outlined how the proposed combination of CN and KCS will preserve and promote competition, growth and more choice for rail customers, port operators, employees, stakeholders and communities. As outlined in the joint filing to the Surface Transportation Board (“STB”) on July 6, 2021, CN and KCS will enhance competition by: Delivering more choices to our rail customers: The c...

ATLANTA--(BUSINESS WIRE)--Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today completed the acquisition of Alleia at Presidio, a 231-Unit Class A multifamily community in Fort Worth, Texas. Jeff Sherman, the Company’s President of Multifamily said, “Alleia marks our re-entry into the Dallas-Fort Worth metroplex, which continues to lead the nation in total population growth.” Mr. Sherman added, “This property checks so many boxes for us; it is surrounded by affluent...

PORTLAND, Ore.--(BUSINESS WIRE)--D.A. Davidson advises Aria Technologies in its sale to Halo Technology Group....