Merger & Acquisition News

LUXEMBOURG & MCLEAN, Va.--(BUSINESS WIRE)--SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and...

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 Patient First Urgent Care property for $6.6 million. The property is located in a highly trafficked corridor in Pennsylvania under a triple net lease with approximately ten years of term remaining. The tran...

MARLBOROUGH, Mass.--(BUSINESS WIRE)--Hologic to Acquire Endomagnetics Ltd, a Breast Surgical Guidance Company...

PLANEGG/MUNICH, Germany--(BUSINESS WIRE)--MorphoSys AG (FSE: MOR; NASDAQ: MOR) reports results for the first quarter of 2024. “The proposed acquisition by Novartis is advancing steadily, and we continue to anticipate its closure in the first half of 2024. The acceptance period for the acquisition is currently underway, and both our Management Board and Supervisory Board unanimously recommend that our shareholders accept the offer and tender their shares given the highly attractive and equitable...

SAN DIEGO--(BUSINESS WIRE)--Ivy Fertility, a globally-recognized innovator in advanced reproductive technology, in-vitro fertilization (IVF), and third-party reproduction, announced today it has acquired Dallas IVF. Dallas IVF is a renowned fertility practice serving patients in the greater Dallas-Fort Worth area. Named one of America’s best fertility clinics in 2023 by Newsweek, Dallas IVF is led by Brian Barnett, MD, Lowell Ku, MD, Dara Havemann, MD, and Sara Mucowski, MD. Since their foundin...

NEW YORK--(BUSINESS WIRE)--Bungalow Projects, a real estate development firm focused on creating production hubs for episodic, film, and digital content creation, and Bain Capital Real Estate (“Bain Capital”) today announced the expansion of their production studio portfolio with the acquisition of 145 Wolcott Street in the Red Hook neighborhood of Brooklyn, NY for $34 million. The planned 225,000 square foot production facility will feature four state-of-the-art soundstages averaging approxima...

LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the stock holding company of Territorial Savings Bank, today jointly announced the signing of a definitive merger agreement, which is expected to create the largest regional bank catering to multi-ethnic customers across the continental United States and the Hawaiian Islands. As of December 31, 2023, Territ...

LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (“Bank”), today reported unaudited financial results for its first quarter ended March 31, 2024. For the three months ended March 31, 2024, net income totaled $25.9 million, or $0.21 per diluted common share. This compares with net income of $26.5 million, or $0.22 per diluted common share, in the fourth quarter of 2023. “We are pleased with the progress we are making in our strategi...

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Eggemeyer, a wholesale distributor of bulk landscape supplies with one location in New Braunfels, Texas, serving the greater central and south Texas market. “Since 2006, Eggemeyer has built a tremendous reputation as the leading distributor of bulk landscape supplies in the San Antonio market,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “This a...

BETHESDA, Md.--(BUSINESS WIRE)--CURATOR ADDS TWO NEW MEMBERS TO ITS GROWING COLLECTION OF INDEPENDENT HOTELS AND RESORTS...