Merger & Acquisition News

PITTSBURGH--(BUSINESS WIRE)--Harry Davis & Company (HDC) announced today the completion of its brokered transaction between Maola Local Dairies and HP Hood for the sale of HP Hood’s extended shelf-life UHT dairy processing factory located in Philadelphia, PA. The acquisition will keep more than 160 local union jobs in Pennsylvania, where 80% of Maola’s family-owned farms are located. The Philadelphia facility produces coffee cream, half & half and other extended shelf life dairy product...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone is powering the future of work with the acquisition of Talespin’s immersive learning experiences in extended reality....

NEW YORK & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Accenture has acquired Flo Group, a leading European consultancy and Oracle business partner specializing in global supply chain logistics....

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition by Pembina of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Transaction"). The receipt of the "no-action letter" satisfies the last material regu...

CINCINNATI--(BUSINESS WIRE)--ProAmpac, a global leader in flexible packaging and material science, today announced the acquisition of UP Paper, a leading producer of recycled kraft paper. Terms of the transaction were not disclosed. “The UP Paper team has done an incredible job building this great business. We look forward to building on their existing relationships and production expertise to serve our customer base with a broader suite of sustainable packaging products,” said Greg Tucker, Fou...

BOSTON--(BUSINESS WIRE)--Risk Strategies, a leading international specialty insurance brokerage and risk management firm, today announced that it has acquired Hugh Wood Inc. (U.S.) and Hugh Wood Canada Limited, the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V (HWI B.V.). Terms of the deal were not disclosed. Based in New York City, Hugh Wood Inc. provides commercial lines, personal lines, and benefits solutions across the United States with a...

TORONTO--(BUSINESS WIRE)--CI Global Asset Management announces securityholder approval of changes to its product lineup, including the merger of eight mutual funds and ETFs....

WILMINGTON, Del.--(BUSINESS WIRE)--AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs). The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments. RCs have emerged as a promising modali...

NEW YORK--(BUSINESS WIRE)--Viridi Energy Acquires Maine Digester Facility for Industry-Leading Biosolids-to-RNG Project...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire MTL Holdings (“MTL”) from GreyLion Partners, a leading U.S. private equity firm. MTL is a leading provider of pre-fabricated edge metal for commercial roofing systems. Under the terms of the agreement, Carlisle will purchase MTL for $410 million in cash. The purchase price represents 8.7x on MTL’s adjusted EBITDA for the twelve months ending F...