Merger & Acquisition News

PARIS--(BUSINESS WIRE)--Regulatory News: Sopra Steria (Paris:SOP), a major player in the European tech sector, has announced the conclusion on May 31 2024 of the binding agreements related to the global transaction disclosed to the market in February 2024, specifically the signing of the agreement for the sale to Axway Software of most of Sopra Banking Software’s activities, representing a scope of €335 million in revenue in 20231, for an enterprise value of €330 million, as well as the signatu...

DALLAS--(BUSINESS WIRE)--MOURI Tech LLC, a global enterprise IT services provider, announced the acquisition of Versant Systems PTE LTD, a Singapore-based IT services company...

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 National Veterinary Associates property for $2.0 million. The property is located in Indiana and is corporate-operated under a new long-term, triple net lease with annual rent bumps. The transaction was pri...

NEW YORK--(BUSINESS WIRE)--UBS Group AG announced on May 31, 2024, that it has completed the merger of UBS AG and Credit Suisse AG (the “Parent Bank Merger” or “PBM”). At the effective time of the PBM, Credit Suisse AG was deregistered in the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity. With the PBM, UBS AG has succeeded to all the rights and obligations of Credit Suisse AG, including under the three outstanding series of Exchange Traded Notes previo...

SAN FRANCISCO--(BUSINESS WIRE)--Shepherd Futures today announced its acquisition of the assets of Anchor Brewing Company, America’s first craft brewery, for an undisclosed amount....

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins primarily provides commercial property and casualty and personal lines coverage to West Texas-based businesses, non-profits, and families, with specialized expertise in the oil and gas, trucking, farm and ranch, and restaurant industries....

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown...

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) today announced it has completed its acquisition of Shockwave Medical. Shockwave is now part of Johnson & Johnson and will operate as a business unit within Johnson & Johnson MedTech. Joaquin Duato, Chairman and Chief Executive Officer of Johnson & Johnson, said, “Through Innovative Medicine and MedTech, Johnson & Johnson is transforming the trajectory of cardiovascular disease, one of the leading causes of...

ZURICH--(BUSINESS WIRE)--Regulatory News: Ad hoc announcement pursuant to Article 53 LR. UBS Group AG (NYSE:UBS) (SWX:UBSN) announces today that it has completed the merger of UBS AG and Credit Suisse AG. The completion of the merger within the expected timeline was facilitated by the strong support from regulators across the globe. Today, Credit Suisse AG has been deregistered in the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity. UBS AG has succeeded...

LONDON--(BUSINESS WIRE)--Delivery management platform, Scurri, today announced the acquisition of HelloDone, the UK-based, market-leading artificial intelligence (AI) platform which provides conversational AI solutions to retailers and brands. HelloDone’s industry-leading conversational AI solution answers post-purchase customer queries on digital messaging channels, including WhatsApp, Instagram and Facebook Messenger. This enables retailers to automate responses to customer queries via AI-pow...