Merger & Acquisition News

LUXEMBOURG--(BUSINESS WIRE)--Regulatory News: As previously announced on 18 December 2023, Eurofins Scientific (Paris:ERF) and SGS had signed an agreement (the “Master Asset Purchase Agreement” or “MAPA”) pursuant to which Eurofins was to acquire SGS’s crop science operations (the “Crop Science Operations”) from SGS. On 15 July 2024, SGS issued a press release indicating that, despite both parties’ efforts, not all closing conditions were satisfied by the agreed long stop date and that SGS deci...

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) today announced it has exercised its option to acquire Innovalve Bio Medical Ltd., an early-stage transcatheter mitral valve replacement (TMVR) company, following its initial investment in 2017. Since that time, Innovalve has demonstrated progress in its program with promising early clinical experience. Combined with Edwards’ existing mitral innovations, the acquisition enhances the company’s TMVR technologies to address large unm...

ROWLEY, Mass. & KILLYGARRY, Cavan, Ireland--(BUSINESS WIRE)--Harvey Performance Company (“Harvey Performance” or the “company”), a leading provider of specialized cutting tools for precision machining applications, today announced the acquisition of ATA. Harvey Performance serves the market through industry-leading brands Harvey Tool, Helical Solutions, Micro 100, Titan USA, CoreHog, and Valor Holemaking. ATA is an Ireland-based precision engineering multinational and the parent company of the...

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, today announced the closing of its merger with Cambridge Bancorp (NASDAQ: CATC) (“Cambridge”), the parent company of Cambridge Trust Company (the “Merger”). The all-stock transaction was originally announced on September 19, 2023. “We are excited to have successfully completed Eastern’s merger with Cambridge Trust and in doing so, to strategically solidif...

KALAMAZOO, Mich.--(BUSINESS WIRE)--Stryker completed the acquisition of Artelon....

NEW YORK--(BUSINESS WIRE)--Forwrd.ai, pioneering data-science automation platform tailored for RevOps leaders, announced today that the company acquired LoudnClear.ai to broaden its product offering of no code data science automation for RevOps. The acquisition of LoudnClear.ai, a multi-layered conversational AI platform for customer service teams, marks a strategic step for Forwrd.ai, adding data enrichment capabilities that unlock new customer signals to fuel its predictive models to support...

NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust (“Artis REIT”) for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and 2022. The 127-acre property boasts a diverse mix of Class A single-tenant and multi-tenant modern logistics...

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, has entered into a definitive agreement to acquire Pit Stop Fleet Service (“Pit Stop”), enabling the expansion and further strengthening of Ryder’s Torque by Ryder™ retail mobile maintenance business offering, which will accelerate growth of this product solution. Based in Venice, Fla., Pit Stop offers retail mobile commercial fleet maintenance, including bat...

DUBLIN, Ohio--(BUSINESS WIRE)--reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced that it has acquired 85% of the outstanding equity in AiChat Pte. Ltd. (“AiChat”). AiChat is an award winning Singapore-based company that develops AI-powered conversational customer experience solutions that provide enterprise customers with intelligent chatbots and automation...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE:CLF) (“Cliffs” or “the Company”) is pleased to announce that it has entered into a definitive agreement to acquire Stelco Holdings Inc. (TSX:STLC) (“Stelco”). The acquisition confirms Cliffs’ commitment and leadership in integrated steel production in North America, and also brings an additional 1,800 United Steelworkers (“USW”) union employees into Cliffs’ workforce. Under the terms of the agreement, Stelco shareholders will receive CAD $...