Merger & Acquisition News

HOUSTON & BANNOCKBURN, Ill.--(BUSINESS WIRE)--Waste Management, Inc. (NYSE: WM) and Stericycle (NASDAQ: SRCL) announced today that they have entered into a definitive agreement under which WM will acquire all outstanding shares of Stericycle for $62.00 per share in cash, representing a total enterprise value of approximately $7.2 billion when including approximately $1.4 billion of Stericycle’s net debt. The per share price represents a premium of 24% to Stericycle’s 60-day volume weighted aver...

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Acquires Aqua Prop, an Innovative Wet Sand Solutions Provider...

GREENWICH, Conn.--(BUSINESS WIRE)--Greenbriar Equity Group, L.P. (“Greenbriar”), announced that funds managed by Greenbriar completed the acquisition of Renuity (the “Company”), a tech-enabled home services platform, in partnership with Company management, from York Capital Management’s private equity group (“York Private Equity”) and other minority investors. Financial terms of the private transaction were not disclosed. Renuity was founded in early 2019 to aggregate best-in-class home service...

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) (“ELC”) announced today that it has completed its acquisition of the Canadian-based, vertically integrated, multi-brand company DECIEM Beauty Group Inc. (“DECIEM”). ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period. ELC closed on the purchase of the remaining interests on May 31,...

PARIS--(BUSINESS WIRE)--Regulatory News: Further to the press release dated February 21, 2024 and following receipt from the various entities employee representative bodies’ opinions involved in the transaction, as well as the approval of the Boards of Directors of Axway (Paris:AXW), Sopra Steria and Sopra GMT, Axway announces that on May 31, 2024 it has signed an agreement to acquire most of Sopra Banking Software’s activities, representing, on a stand-alone basis, revenue of €359m1. Axway's B...

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....