Merger & Acquisition News

COSTA MESA, Calif. COSTA MESA, Calif.--(BUSINESS WIRE)--To support the collective recovery of businesses and consumers, Experian today announced its expansion into Employer Services and the release of its new suite of real-time income and employment verification products, Experian Verify™. The COVID-19 pandemic amplified lenders’ need for deeper insights into a consumer’s financial situation. At the same time, employers, human resources, and tax professionals were flooded with record-breaking u...

SYDNEY & NEW YORK--(BUSINESS WIRE)--Zip Co Limited (ASX: Z1P) (“Zip” or the “Company”) is pleased to announce that it has agreed to acquire the remaining shares of European “Buy Now Pay Later” (“BNPL”) provider Twisto Payments a.s. (“Twisto”) and has also entered into an agreement to acquire the remaining shares of UAE-based BNPL leader Spotii Holdings Ltd (“Spotii”). The transactions align with Zip's global expansion plans and the rapidly accelerating global BNPL opportunity. As demonstrated t...

EAST SYRACUSE, N.Y.--(BUSINESS WIRE)--INFICON Acquires Cold Springs R&D. Fil-Tech Quartz Crystals Now Manufactured and Distributed by INFICON...

NORWALK, Conn.--(BUSINESS WIRE)--HomeSquare has acquired Seaport Electric, a leading electrical services provider in Fairfield County, CT....

WEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that, based on the preliminary voting results from a special meeting of shareholders held today, FBL Financial Group’s shareholders have approved the previously announced transaction under which Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excl...

MONTREAL & KANSAS CITY, Mo.--(BUSINESS WIRE)--CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that they have entered into a definitive merger agreement to create the premier railway for the 21st century. Under the terms of the agreement, which was unanimously approved by the Board of Directors of each company, KCS shareholders will receive $3252 per common share based on CN’s May 13, 2021 offer, which implies a total enterprise value of $33.6 billion, incl...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the Company’s Board of Directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal KCS received from Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”) on May 13, 2021 continues to constitute a “Company Superior Proposal” under KCS’s pending merger agreement with Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”). Fo...

INDIANAPOLIS--(BUSINESS WIRE)--HKW, a middle-market private equity firm, today announced its portfolio company, Traductions Serge Bélair Inc. (“TRSB” or the “Company”), has acquired Anglocom. The financial terms of the transaction were not disclosed. Founded in 1993, Anglocom is based in Quebec City and is a full-service translation company. The in-house teams of French and English translators specialize in high-profile corporate communications for industries like advertising, government, minis...

TEANECK, N.J.--(BUSINESS WIRE)--Ness, a global provider of Digital Transformation solutions and a portfolio company of The Rohatyn Group (TRG), is pleased to announce its acquisition of Risk Focus, a leading consulting and advisory firm specializing in Digital Transformation for Financial Services. “Adding Risk Focus’s core competence in Digital Transformation services to Ness’s core DNA in product engineering strengthens Ness’ position as a full lifecycle digital engineering firm offering digi...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has received regulatory approval from the Federal Antimonopoly Service of Russia for the completion of its tender offer for all of the shares of Tikkurila (NASDAQ OMX:TIK1V). With this approval, PPG has received all required regulatory approvals for completion of the tender offer and has announced that the tender offer will expire on June 4, 2021. PPG expects to complete the tender offer and close the transaction on or about Ju...