Merger & Acquisition News

BELLEVUE, Wash. & NEW YORK & EVANSVILLE, Ind.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest-growing fixed wireless broadband provider, today announced it has entered into a definitive agreement to establish a joint venture (JV) with leading global investment firm KKR (NYSE: KKR) that will acquire Metronet including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers. As part of the transaction, the JV will also...

NEW YORK--(BUSINESS WIRE)--Turner Construction Company is pleased to announce that it has agreed to acquire 100 percent of Dornan Engineering Group, a specialist mechanical, electrical, instrumentation and commissioning engineering contractor with operations in Ireland, the UK, Continental Europe, and the Nordics. The transaction is subject to the customary merger control approval process in the European Union. Dornan’s 1,000 direct employees will deliver approximately $760 million (€700 millio...

NEW YORK--(BUSINESS WIRE)--Today, AMPYR Energy USA announced acquisition of more than 210 peak megawatts (MWp) of utility scale solar energy projects in North and South Carolina. The acquisition, which includes two utility scale projects, will increase AMPYR Energy USA’s presence in the southeast U.S. and build on the company’s growing U.S. pipeline of over 4 gigawatts (GW) of carbon free energy. “This acquisition marks an important step on our path to expand our solar and battery storage busin...

JERSEY CITY, N.J. & POMPANO BEACH, Fla.--(BUSINESS WIRE)--Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of City Maintenance Supply (“City” or the “Company”). The transaction represents the 90th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclo...

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced that the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films (“HHNF”) business with Glatfelter progressed further today with the creation of the Magnera brand (pronounced ‘Mag-nair-uh’), a global leader in the specialty materials industry. The launch of this new identity marks the next chapter in the transaction journey, emphasizing a commit...

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Virtual Special Meeting of Stockholders and Expected Closing Date of Transaction with Sirius XM...

NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide significant capital and accelerate its product growth plans and further global expansion. The transaction is constructed to provide investment to the company to support the speed and breadth of its growth. Sokin will continue operating as an inde...

NEW YORK--(BUSINESS WIRE)--Fold, Inc. (“Fold”), a pioneering bitcoin financial services company, and FTAC Emerald Acquisition Corp. (NASDAQ: EMLD) (“FTAC Emerald”), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive agreement providing for a proposed business combination that will result in Fold becoming a publicly-listed company. Upon the closing of the proposed transaction, the combined company intends to remain listed on NASDAQ und...

LOS ANGELES--(BUSINESS WIRE)--Westwood Financial, a premier commercial retail real estate investment firm, is excited to announce the acquisition of Glenwood Park in Atlanta, GA. This unique high-density, core-plus property, nestled adjacent to the Atlanta BeltLine in the upscale Glenwood Park neighborhood, stands out in the Atlanta metropolitan area. The property's key features include approximately 48,633 square feet of street-level retail space within a mixed-use development that includes 37...

STAMFORD, Conn.--(BUSINESS WIRE)--Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products for an enterprise value of €838 million. Weener operates a global network of 19 facilities predomina...