Merger & Acquisition News

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has marked the one-year anniversary of its acquisition of power and propulsion provider Aerojet Rocketdyne with significant performance progress. “L3Harris made important commitments to shareholders and customers when we announced our intent to acquire Aerojet Rocketdyne, and over the past year have been delivering on those promises,” said Christopher E. Kubasik, Chair and CEO, L3Harris. “The high demand for missiles and the sol...

SWEDESBORO, N.J.--(BUSINESS WIRE)--Precision integrates with Wedgewood, enhancing equine care with expanded services and expert team....

SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent has acquired Sigsense Technologies, a startup that uses artificial intelligence and power monitoring to optimize lab operations....

NEW YORK--(BUSINESS WIRE)--Churchill Asset Management (“Churchill” or the “Firm”) today announced that it served as Joint Lead Arranger and Administrative Agent for a senior secured credit facility to support the acquisition of Insulation Technology Group (“ITG” or the “Company”) by TJC, LP (“TJC”). ITG is a leading global provider of electrical insulation solutions for the global utility market. The Company is a manufacturer of high and ultra-high voltage porcelain insulators for mission-criti...

NEW YORK--(BUSINESS WIRE)--Global programmatic media partner MiQ today announced plans to acquire Pathlabs, the Media Execution Partner (MEP) that provides end-to-end digital media execution services to independent agencies. This move marks another major milestone in MiQ's business evolution, as it continues to accelerate growth and deliver programmatic excellence across the entire digital advertising ecosystem. Headquartered in Missoula, Montana, Pathlabs was founded in 2021. Through its innov...

TEL AVIV, Israel--(BUSINESS WIRE)--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has acquired Custom Ag Formulators (CAF), a North American provider of customized agriculture formulations and products for growers, for approximately $60 million. CAF offers a diverse assortment of liquid adjuvants and enhanced nutrients, as well as various other specialty products. This latest Growing Solutions acquisition, the second of 2024, advances ICL’s stated g...

HOUSTON--(BUSINESS WIRE)--Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), today announced that it has completed 10 acquisitions with a total value of over $475 million since the beginning of 2024, primarily in the Permian Basin. The acquired assets include over 28,400 net royalty acres (“NRA”) of mineral & royalty interests, with 27,400 NRA located in the Permian Basin and the remaining NRA located in the Eagle Ford and Haynesville shale trends....

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its second quarter and six months ended June 30, 2024. For the three months ended June 30, 2024, net income totaled $25.3 million, or $0.21 per diluted common share. This compares with net income of $25.9 million, or $0.21 per diluted common share, in the first quarter of 2024. Excluding notable items(1), net income for...

TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. Completes $28.25 Million Acquisition of Fort Smith Inpatient Rehabilitation Facility...

MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with Occidental (NYSE: OXY) to purchase ~29,500 net acres, ~9,900 net royalty acres and ~15,000 Boe/d predominantly located directly offset the Company’s existing position in Reeves County, Texas for $817.5 million, subject to customary post-closing adjustments. The effective date of the transaction is July 1, 2024, with...