Merger & Acquisition News

ATHENS, Greece--(BUSINESS WIRE)--Further to the announcement on 06 February 2025, Piraeus Financial Holdings S.A. informs the investment community that its subsidiary Piraeus Bank S.A. (“Piraeus”) has entered into a Share Purchase Agreement (hereinafter “SPA”) to acquire 90.01% stake in the parent company of Ethniki Insurance (the “Transaction”) from CVC Capital Partners Fund VII. As per the signed SPA, the consideration for the Transaction is €600mn in cash, on a 100% basis. The Transaction is...

SEOUL, South Korea--(BUSINESS WIRE)--Korea Zinc claims that Sun Metal Holdings' latest stake acquisition restricts Young Poong’s voting rights in the upcoming annual general meeting....

STOCKHOLM, Sweden--(BUSINESS WIRE)--Netmore Group, a leading global operator of IoT networks today announced continued expansion into Brazil and the South American markets, following the completion of the acquisition of Everynet. A dedicated focus in the region immediately opens new market opportunities for Netmore, while its expanded presence supports the growing demand for digital transformation of critical sectors, including utilities, agriculture, smart cities, and transportation and logist...

HOUSTON--(BUSINESS WIRE)--NRG Energy Inc. (NYSE:NRG) has entered into a definitive agreement to acquire six power generation facilities from Texas-based Rockland Capital, LLC, adding 738 Megawatts (MW) of modern, flexible natural gas-fired capacity to its portfolio. The acquisition includes one combined-cycle unit and five peaker units, further strengthening NRG’s position in the rapidly growing market. NRG is acquiring these assets for $560 MM or $760 per kW, significantly below the cost of ne...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first quarter 2025. The remaining balance will be due when certain contractual obligations ar...

NEW YORK--(BUSINESS WIRE)--UiPath announced the acquisition of Peak to launch vertically specialized agents within its agentic automation platform....

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Green Street, the leading provider of trusted commercial real estate intelligence and unbiased insights, has acquired Australian Property Journal – Australia’s premier publication for commercial property and residential real estate covering REITs, investment sales, and leasing transactions – to expand its global Green Street News offering. The growth of Green Street News into Australia will enable Green Street to continue its mission to empower the global...

LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced it has entered into a binding memorandum of understanding to acquire 100% of the assets of Pro2col Health LLC (Pro2col) and Pruvit Ventures, Inc. (Pruvit), as well as a 51% controlling ownership interest in Link BioSciences Inc. (Link BioSciences). Pro2col is a health and wellness digital application company, which will use individual biometrics to provide per...

ROSEMONT, Ill.--(BUSINESS WIRE)--The Owen Family of Companies (“Owen”), a leading specialty equipment platform providing critical infrastructure and environmental solutions to municipal, utility, and commercial customers throughout the United States and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisition of J&R Equipment, LLC (“J&R Equipment” or the “Company”). Headquartered in Oklahoma City, Oklahoma, J&R Equipment is a leading distributor of envi...

RICHARDSON, Texas--(BUSINESS WIRE)--Industrial Networking Solutions (INS), a leader in designing, delivering, and managing critical networks, today announced the acquisition of Source Inc., a prominent technology solutions provider specializing in wireless networking, IoT, and POTS replacement solutions. This strategic acquisition enhances INS’s ability to provide secure, scalable, and future-ready connectivity solutions across multiple industries. "The acquisition of Source Inc. marks an excit...