Merger & Acquisition News

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is excited to announce the acquisition of Roten & Company Insurance, a longstanding family-owned and operated insurance agency based in San Antonio, Texas. This acquisition strengthens Inszone’s footprint in Texas and enhances its ability to deliver personalized insurance solutions to businesses and individuals across the region. Roten & C...

SEOUL, South Korea--(BUSINESS WIRE)--U.S. Representative Eric Swalwell wrote a letter to Undersecretary Jose Fernandez, expressing his concerns regarding the Korea Zinc dispute....

BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies Inks Definitive Agreement to Acquire CompuSystems, Inc....

SEOUL, South Korea--(BUSINESS WIRE)--DoubleU Games Co., Ltd. (192080:KS), a leading developer of social casino games, has entered into an agreement to acquire Turkish gaming studio Paxie Games, developer of Merge Studio: Fashion Makeover. DoubleU Games will acquire a 60% stake for $27.0 million at closing, with the remaining 40% to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year. The acquisition will be...

SEOUL, South Korea--(BUSINESS WIRE)--After the board of Korea Zinc (KRX:010130) proposed various resolutions that give priority to shareholder values and protections for the rights of shareholders to discuss at next month’s extraordinary general meeting (EGM), MBK Partners and Young Poong have intensified vicious slanders on the board’s resolutions. Such a move rather proves the significance of these resolutions proposed by the board to the extent that they could disrupt the consortium’s attemp...

TOKYO--(BUSINESS WIRE)--  Amendment: Notice Concerning Amendments to the “Notice Concerning Commencement of Tender Offer for Share Certificates, Etc. of WealthNavi Inc. (TSE Code: 7342) by MUFG Bank, Ltd.” in Connection with Filing of Amendment Registration Statement to Tender Offer Registration Statement by MUFG Bank, Ltd.   On December 2, 2024, MUFG Bank, Ltd. (the “Tender Offeror”) commenced the tender offer (the “Tender Offer”) for the share certificates, etc. of WealthNavi Inc., (TSE Code:...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is proud to announce the acquisition of Coe Agency, LLC, a trusted independent insurance agency specializing in health and benefits solutions for individuals and businesses. This acquisition further strengthens Inszone’s position as a leader in delivering comprehensive insurance solutions across the United States. Coe Agency, LLC, founded in 2006,...

BOSTON--(BUSINESS WIRE)--With a focus on helping to enable Massachusetts’ unprecedented clean energy transition while ensuring safe, reliable service for customers across New England, Eversource has acquired a 26-acre portion of the Mystic property from Constellation Energy. Eversource has not developed specific plans for the site at this time, but its strategic location, historic use, and existing infrastructure uniquely position it as a potential multi-use energy interconnection hub for large...

LOS ANGELES & ST. HELENA, Calif.--(BUSINESS WIRE)--Butterfly Equity (“Butterfly”), a Los Angeles-based private equity firm specializing in the food and beverage sector, and The Duckhorn Portfolio, Inc. (“The Duckhorn Portfolio,” “Duckhorn” or the “Company”) today announced the completion of Butterfly’s acquisition of Duckhorn, North America’s premier luxury wine company, for $11.10 per share, in an all-cash transaction valued at approximately $1.95 billion. “We are thrilled to welcome The Duckh...