Merger & Acquisition News

NOVI, Mich.--(BUSINESS WIRE)--Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has closed the acquisition of UTI Forwarding (“UTI”), a renowned Rotterdam-based freight forwarder. The acquisition was first announced on April 26, 2021. UTI Forwarding is a leading freight forwarding company that is strategically located in Rotterdam, Netherlands, which specializes...

ENGLEWOOD CLIFFS, N.J.--(BUSINESS WIRE)--OwnBackup, a leading cloud to cloud data protection provider, announces the acquisition of Nimmetry, based in Santa Clara, CA, with a significant presence in Hyderabad, India. Nimmetry provides a unified platform for seamless integration of big and small SaaS-based data using a microservices architecture. “This acquisition accelerates OwnBackup’s multi-cloud strategy. The entrance into the Indian market and the access to the talented professionals that a...

VANCOUVER--(BUSINESS WIRE)--Fortuna Silver Mines Inc. (“Fortuna” or the “Company”) (NYSE: FSM) (TSX: FVI) and Roxgold Inc. (“Roxgold”) (TSX: ROXG) (OTCQX: ROGFF) have each filed and commenced mailing the management information circulars and related meeting materials for their respective shareholder meetings to be held on Monday, June 28, 2021 in connection with the proposed business combination between Fortuna and Roxgold announced on April 26, 2021, (the “Transaction”), as well as annual gener...

PARIS--(BUSINESS WIRE)--Regulatory News: Gecina (Paris:GFC) has completed or secured three new sales of mature and/or non-strategic office assets located in Arcueil (94), Levallois-Perret (92) and Montreuil (93), for a total of €349.3m. On May 6, Gecina signed a bilateral sales agreement concerning the Les Portes d’Arcueil building (Val de Marne) for €297.8m excluding duties. The sale is expected to be completed in July, once the conditions precedent have been cleared. This office asset, with a...

PARIS--(BUSINESS WIRE)--Regulatory News: Vivendi (Paris:VIV) announces that it completed today the acquisition of 100% of Prisma Media. The Group signed a put option agreement with Gruner+Jahr/Bertelsmann on December 23, 2020. The Prisma Media acquisition is part of Vivendi’s development strategy in media to gain a foothold in an industry that strongly complements its existing businesses. Prisma Media is France’s number one magazine publishing group, in print and digital, with some 20 leading b...

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Acquires UK-Based Tacit Knowledge; Enhances digital commerce capabilities and expands delivery footprint across UK, US, Mexico & Moldova...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Epsilyte Holdings LLC, a leading provider of expandable polystyrene (EPS), services, and solutions has acquired Polysource Inc., a leading producer of compounded EPS and molded products used in building insulation, personal safety equipment, and filtration media. Epsilyte is owned by Balmoral Funds and management. With the acquisition of Polysource, Epsilyte will operate two distinct business units: “EPS,” largely made up of the heritage Epsilyte business,...

SPRINGFIELD, Mass.--(BUSINESS WIRE)--Massachusetts Mutual Life Insurance Company (“MassMutual”) announced today the completion of the previously announced acquisition of American Financial Group, Inc.’s (NYSE:AFG) wholly owned subsidiary, Great American Life Insurance Company (“Great American Life”), and other subsidiaries and affiliated entities, for a purchase price of approximately $3.5 billion. “We are excited to welcome Great American Life to MassMutual and to help build on its outstanding...

SAN FRANCISCO & PALO ALTO, Calif.--(BUSINESS WIRE)--Social Finance, Inc., a leading next-generation financial services platform, and Social Capital Hedosophia Holdings Corp. V (NYSE: IPOE) ("SCH"), a publicly traded special purpose acquisition company, today completed their previously announced transaction to take SoFi public. The transaction forms a leading, publicly traded consumer-focused financial technology platform named SoFi Technologies, Inc. (“SoFi” or the “Company”). The combined comp...

SEATTLE--(BUSINESS WIRE)--Accelerator Life Science Partners (“ALSP”), a leading early-stage life science accelerator and investment firm, today announced that its portfolio company, Lodo Therapeutics Corporation ("Lodo" or the "Company"), has been acquired by Zymergen Inc. (NASDAQ: ZY) for an undisclosed amount. The transaction is the third exit from ALSP’s investment fund, Accelerator Life Science Partners I (ALSP I), in the last year. Lodo Therapeutics discovered and developed novel therapeut...