Merger & Acquisition News

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI), a leading premium outdoor brand, today announced it has signed an agreement to acquire MYSTERY RANCH, a premier designer and manufacturer of durable load-bearing backpacks, bags, and pack accessories. “MYSTERY RANCH packs have earned a global reputation within the most demanding communities by building load-bearing equipment that delivers in the harshest environments. Their ethos, passion and people not only align with t...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced the expansion of an existing long-term silicon carbide wafer supply agreement with a leading global semiconductor company. The expanded agreement, which is now worth approximately $275 million in total, calls for Wolfspeed to supply the company with 150mm silicon carbide bare and epitaxial wafers, reinforcing both companies’ visions for an industry-wide transition from s...

PLEASANTON, Calif.--(BUSINESS WIRE)--To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) today confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card (Tango). “Tango pioneered the digital-first reward experience through its powerful API, coupled with world-class service and exceptional breadth of global content, making it the perfect complement to BHN’s global product port...

LONDON--(BUSINESS WIRE)--The 2027 Ad Hoc Group (the Group), holding over 50% of Farfetch’s 3.75% Convertible Senior Notes due 2027 and formed to explore options over the proposed acquisition of Farfetch by Coupang, notes the pre-pack sale of the Farfetch business to Coupang. Despite Farfetch indicating that it would run a sales process through to end April 2024, the sale has been rushed through, seemingly in the face of investor discontent. The Group believes the expedited sale of Farfetch to C...

SEATTLE & LONDON--(BUSINESS WIRE)--Coupang, Inc. announced today that it has completed the acquisition of the assets of global online luxury company Farfetch Holdings plc. By providing access to $500M in capital, this acquisition allows Farfetch to continue delivering exceptional services for its brand and boutique partners, and to more than four million customers around the world. By leveraging Coupang’s operational excellence and innovative logistics, Farfetch is now well-positioned to pursue...

ORLANDO, Fla. & GOLD COAST, Australia--(BUSINESS WIRE)--Travel + Leisure Co. vacation ownership segment grows with the acquisition of the vacation ownership business of Accor for US$48.4 million....

SEATTLE--(BUSINESS WIRE)--WaFd, Inc. (NASDAQ: WaFd), the parent company of Washington Federal Bank (“WaFd Bank”), and Luther Burbank Corporation (NASDAQ: LBC, “Luther Burbank”), the parent company of Luther Burbank Savings, jointly announced today that they received the required regulatory approvals from the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions for Luther Burbank Savings to be merged with and into Washington Federal Bank, and from t...

TORONTO--(BUSINESS WIRE)--Nighthawk Gold Corp. (“Nighthawk”) (TSX: NHK) and Moneta Gold Inc. (TSX: ME)(OTCQX: MEAUF)(FSE: MOPA) (“Moneta”) are pleased to announce that on January 30, 2024, the Ontario Superior Court of Justice (Commercial List) granted a final order in respect of the proposed arrangement (the “Arrangement”) between Moneta and Nighthawk under the provisions of the Business Corporations Act (Ontario). Assuming that the remaining conditions precedent are satisfied or waived, Monet...

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs agreement to acquire Dana Kepner, waterworks supplier....

CHICAGO--(BUSINESS WIRE)--Smart Care, a portfolio company of Wind Point Partners, is pleased to announce three acquisitions completed in the fourth quarter of 2023....