Mergers & Acquisitions

Last Updated: 08/17/2023

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US Senator Vance asks US Steel to rule out foreign buyer (4:33pm EDT) UBS names 21 country heads across EMEA region -memo (3:29am EDT) OpenAI acquires start-up Global Illumination to work on core products, ChatGPT (Aug 16 2023) Hyundai Motor unit to buy General Motors' India plant (Aug 16 2023) Esmark CEO says has money in bank account for $7.8 billion US Steel bid (Aug 15 2023)
UPDATE 5-Coach parent Tapestry forecasts weak 2024 on soft U.S. demand (11:05am EDT) UPDATE 1-UK Stocks-Factors to watch on Aug. 17 (2:54am EDT) EXCLUSIVE-ArcelorMittal weighs possible bid for US Steel -sources (Aug 16 2023) Intel terminates plan to buy Tower Semiconductor (Aug 16 2023) CORRECTED-UPDATE 1-Dragoneer Investment, General Atlantic to take Brazil's Arco private for enterprise value of $1.5 bln (Aug. 10) (Aug 15 2023)
BAE says $5.5 bln Ball Corp deal will help it meet Ukraine-led defence demand (10:39am EDT) UK's BAE Systems to buy Ball Aerospace for about $5.55 bln (2:04am EDT) UPDATE 3-Energy Transfer to buy Crestwood in $7.1 billion pipeline deal (Aug 16 2023) Intel to walk away from $5.4 bln acquisition of Tower Semiconductor-sources (Aug 15 2023) TPG approaches EY about buying stake in consulting arm - FT (Aug 15 2023)
EXCLUSIVE-Dalian Wanda weighs sale of Olympics media rights manager Infront -sources (10:05am EDT) UPDATE 1-Paramount drops plans to sell BET Media stake - WSJ (Aug 16 2023) UPDATE 4-Intel scraps $5.4 bln Tower deal after China review delay (Aug 16 2023) Vingroup shares jump 6.93% to 1-yr high after auto unit VinFast's Nasdaq debut (Aug 15 2023) UPDATE 2-Colombia's Grupo SURA cuts 2023 guidance, raises mid-term outlook after Nutresa deal (Aug 15 2023)
UPDATE 5-BAE snaps up Ball's aerospace arm for $5.6 bln in its biggest deal ever (9:09am EDT) Paramount drops plans to sell BET Media stake - WSJ (Aug 16 2023) Silicon Motion to seek damages after MaxLinear scraps deal (Aug 16 2023) UPDATE 1-Esmark CEO says has money in bank account for $7.8 billion US Steel bid (Aug 15 2023) EXCLUSIVE-Silver Lake to explore sale of tax-free shopping firm Global Blue-sources (Aug 15 2023)
Canadian fintech investment shrinks in first half of 2023 - report (7:00am EDT) UPDATE 1-Silicon Motion to seek damages after MaxLinear scraps deal (Aug 16 2023) Energy Transfer to buy Crestwood in $7.1 billion deal (Aug 16 2023) UPDATE 2-Occidental buys carbon air capture tech firm for $1.1 billion (Aug 15 2023) REFILE-Carlyle sells Gabon oil firm to France's Maurel & Prom for $730 mln (Aug 15 2023)
Tapestry posts quarterly revenue below estimates (6:49am EDT) EXCLUSIVE-ArcelorMittal weighs possible bid for US Steel -sources (Aug 16 2023) UPDATE 2-HF Sinclair to buy remaining Holly Energy stake in $1.44 bln deal (Aug 16 2023) UPDATE 8-VinFast's shares surge in Nasdaq debut for Vietnam EV maker (Aug 15 2023) VinFast in no rush to raise additional capital, says finance chief (Aug 15 2023)
FOCUS-How U.S. Steel became an acquisition target (6:00am EDT) UPDATE 1-US FTC approves deal for natgas producer EQT to buy THQ Appalachia (Aug 16 2023) HF Sinclair to buy remaining stake in Holly Energy (Aug 16 2023) UPDATE 2-TPG approaches EY about buying stake in consulting arm - FT (Aug 15 2023) Vietnam's VinFast surges in Nasdaq debut after Asia's biggest M&A deal in 2023 (Aug 15 2023)
UPDATE 1-UBS names 21 country heads across EMEA region - memo (4:20am EDT) Citi hires Schlosser Ryan from Perella Weinberg for consumer & retail dealmaking (Aug 16 2023) UPDATE 2-Hyundai Motor's unit to buy General Motors' India plant (Aug 16 2023) Occidental Petroleum to buy Carbon Engineering for $1.1 bln (Aug 15 2023) LatAm Logistic Properties enters $578 mln SPAC deal for US listing (Aug 15 2023)
Goldman Sachs used derivatives to help Exor build $2.8 bln Philips stake, filings show (4:01am EDT) UPDATE 2-Seven US state officials oppose Kroger's proposed Albertsons acquisition (Aug 16 2023) UPDATE 1-Intel terminates plan to buy Tower Semiconductor (Aug 16 2023) EXCLUSIVE-Silver Lake to explore sale of tax-free shopping firm Global Blue -sources (Aug 15 2023) UPDATE 2-China Evergrande NEV shares jump on $3.2 bln plan to lower debt (Aug 15 2023)
https://www.ft.com/mergers-acquisitions
BAE/Ball Aerospace: shooting for the stars with $5.6bn US space takeover
Dan Och/Sculptor: pragmatic traders decline to second his emotions
Dan Och is not done with Jimmy Levin yet
BAE to buy Ball’s aerospace business for $5.6bn
Inside TPG’s failed pitch to break up EY
Scandal-hit children’s care homes up for sale by private equity owner
Daniel Och attacks sale of Sculptor hedge fund to Rithm
Energy Transfer to buy Crestwood for $7.1bn in latest US pipeline deal
EY: rejected TPG offer revives interest in break up
EY rejects TPG plan to break up firm
China thwarts Intel’s $5.4bn Israeli chipmaker purchase
Why a European private equity giant wants to go public
TPG approaches EY about buying stake in consulting arm
PayPal: M&A plans will be hampered by weak share price
Superstar lawyers: the poaching war between Paul Weiss and Kirkland
Esmark becomes second US Steel suitor with $10bn offer
Agnellis/Philips: Exor scans horizon, shuns opportunity close to home
Private equity group CVC revives listing plans
Billionaire Agnelli family takes 15% stake in Philips
US Steel rejects $7.3bn acquisition bid from rival Cleveland-Cliffs
Daily Mail owner confirms interest in Telegraph auction
Credit Suisse retail investors plan lawsuit challenging UBS takeover
Disney turns to gambling
Owner of UK holiday resorts Center Parcs races to seal sale
Italy signs deal with KKR to take 20% stake in Telecom Italia’s landline grid
Business Wire M&A Page 1 Business Wire M&A Page 2 Business Wire M&A Page 3 Business Wire M&A Page 4 Business Wire M&A Page 5
Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility (08/17/2023 - 04:15 PM) SpringML Announces Merger with Egen, Establishing a Powerful Technology Services Company Unleashing the Power of Data and AI (08/16/2023 - 11:00 AM) Intel Announces Termination of Tower Semiconductor Acquisition (08/16/2023 - 03:02 AM) Matera Brings AI to Instant Payments, Acquires Brazilian AI Leader Cinnecta (08/15/2023 - 09:00 AM) Thermo Fisher Scientific Completes Acquisition of CorEvitas (08/14/2023 - 04:10 PM)
Cornerstone Building Brands Acquires Quebec-Based Metal Siding and Roofing Company, MAC Metal Architectural (08/17/2023 - 01:32 PM) Prytania Media Founders Reveal Two Additional AAA Studios (08/16/2023 - 09:00 AM) InMobi Acquires Quantcast Choice to Enhance Frictionless Consent Management for Publishers (08/16/2023 - 12:10 AM) Blue Vista Completes Eleven Self Storage, Industrial and BTR Transactions (08/15/2023 - 09:00 AM) The Arena Group Reports Second Quarter 2023 Financial Results; Announces Strategic Expansion and a Three-Year Extension of its Debt Facility (08/14/2023 - 04:06 PM)
Prime Group Acquires Office Building Located at 395 Broadway in Saratoga Springs, NY (08/17/2023 - 11:36 AM) Duravant Acquires NPI, Provider of Automated Sortation Solutions (08/16/2023 - 09:00 AM) FCPT Announces Sale-Leaseback of Four Tire Discounters Properties for $9.1 Million (08/15/2023 - 06:34 PM) JetBlue Announces Record and Payment Dates for August 2023 Additional Prepayment to Spirit Stockholders (08/15/2023 - 09:00 AM) Phreesia Acquires Access, Expanding its Offerings for Acute-Care Hospitals and Continuing to Drive Efficiency and a Better Patient Experience (08/14/2023 - 04:03 PM)
The Dave Cantin Group Continues Spitzer Auto World’s Brand Expansion with the Acquisition of Axelrod Buick GMC (08/17/2023 - 10:09 AM) Bitdefender Completes Acquisition of Horangi Cyber Security (08/16/2023 - 09:00 AM) Casey’s Agrees to Acquire 63 Convenience Stores From EG Group (08/15/2023 - 11:00 AM) Montecito Medical Acquires Medical Office Property in Denver Area (08/15/2023 - 09:00 AM) Bentley Systems’ iTwin Ventures Acquires Blyncsy, Breakthrough Innovator in AI Services for Transportation Operations and Maintenance (08/14/2023 - 04:01 PM)
L’Officiel Global successfully acquired the Philippines business to add one more country to direct owner’s model on a worldwide basis (08/17/2023 - 09:18 AM) Generational Equity Advises Tanner Engineering in its Merger with RTM Engineering Consultants (08/16/2023 - 09:00 AM) American Integration Contractors, LLC (AIC) Announces the Acquisition of Accel Protection and Technologies, LLC (08/15/2023 - 10:28 AM) CommerceHub Sells ChannelAdvisor’s Shoppable Media and Brand Analytics Product Lines to MikMak; Acquisition Fuels MikMak’s Global Expansion and Commerce Intelligence Innovation (08/15/2023 - 09:00 AM) L2 Capital Adds Open World, Inc. to Its Entertainment Platform (08/14/2023 - 04:01 PM)
Bruker Corporation and PhenomeX Inc. Announce Definitive Agreement for Bruker to Acquire PhenomeX in All-Cash Transaction (08/17/2023 - 09:00 AM) Southeastern Grocers announces strategic divestiture of its portfolio (08/16/2023 - 09:00 AM) Renowned International Restaurant Brand Fogo de Chão to be Acquired by Bain Capital Private Equity from Rhône Capital (08/15/2023 - 10:05 AM) ElectraMeccanica and Tevva Announce Proposed Merger Agreement Intended to Create a Market Leader in Zero-Emission Commercial Vehicles - Focusing First in the United Kingdom, then in Europe and the United States (08/15/2023 - 08:30 AM) Merx Truck & Trailer Acquires Majestic Truck, Further Expanding Its Footprint in the Des Moines Market (08/14/2023 - 02:55 PM)
Kian Capital Launches PARC Auto Platform with Acquisition of Leading Meineke Franchisee (08/17/2023 - 06:00 AM) AK Masonry Unlocks Massive Growth Opportunity with Investment from Maddix Capital (08/16/2023 - 09:00 AM) Texas Water Company Closes on Acquisitions of KT Water Development and KT Water Resources (08/15/2023 - 09:01 AM) SSI Strategy and NDA Group Combine to Form Best-in-Class Global Life Sciences Consultancy (08/15/2023 - 08:00 AM) GE Vernova Acquires Greenbird to Accelerate GridOS® Innovation and Help Utilities Reduce the Complexity of Energy Data Integration (08/14/2023 - 01:11 PM)
Insight Boosts App Solutions Business with Amdaris Acquisition (08/17/2023 - 04:55 AM) ABA Connect Launches in Colorado with the Acquisition of Bright Behavior (08/16/2023 - 08:00 AM) MetLife Investment Management Announces Final Close of Single Family Rental Fund at $390 Million (08/15/2023 - 08:00 AM) Clari to Acquire Groove, Cementing Revenue Platform Leadership (08/14/2023 - 12:30 PM)
BAE Systems plc – Proposed acquisition of Ball Aerospace (08/17/2023 - 03:18 AM) Energy Transfer to Acquire Crestwood in a $7.1 Billion All-Equity Transaction (08/16/2023 - 08:00 AM) One Energy Enterprises Inc., an Industrial Power Solutions Company, and TortoiseEcofin Acquisition Corp. III Announce Execution of a Definitive Business Combination Agreement to Form One Power Company (08/15/2023 - 07:30 AM) Una filial de Sun Capital Partners firma un acuerdo definitivo para adquirir Koch Separation Solutions a Koch Engineered Solutions (08/14/2023 - 11:40 AM)
BAE Systems Signs Agreement to Acquire Ball Aerospace (08/17/2023 - 02:51 AM) Generational Equity Advises Merithian Products in its Sale to Pegasus Supply Group (08/16/2023 - 08:00 AM) Sims Metal收購Baltimore Scrap Corp (08/15/2023 - 06:32 AM) LocumTenens.com Completes Acquisition of Inlightened (08/14/2023 - 11:03 AM)
Param Accelerates European Expansion With Twisto Acquisition (08/16/2023 - 07:01 PM) HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Definitive Merger Agreement (08/16/2023 - 06:30 AM) Sims Metal erwirbt Baltimore Scrap Corp (08/15/2023 - 06:14 AM) Pearce Renewables Acquires Natron Resources Inc. (08/14/2023 - 11:00 AM)
Allied Gaming & Entertainment Announces a Strategic Investment to Become Largest Shareholder of Beijing Lianzhong Zhihe Technology Co. (08/16/2023 - 04:05 PM) Bentley 软件公司旗下 iTwin Ventures 收购 Blyncsy——交通运输运维人工智能服务领域的突破性创新者 (08/16/2023 - 06:24 AM) Samenvatting: Sims Metal neemt Baltimore Scrap Corp over (08/15/2023 - 06:14 AM) Qualus Acquires Ferreira Power Group Adding to its Grid Modernization, Reliability, and Resiliency Resources (08/14/2023 - 10:00 AM)
MaxLinear Comments on Previously Terminated Transaction with Silicon Motion (08/16/2023 - 04:05 PM) Sims Metal收购Baltimore Scrap Corp (08/15/2023 - 05:28 AM) Experity Acquires OnePACS, the Leader in Teleradiology PACS (08/14/2023 - 09:00 AM)
Fultra®, parent company of Fruehauf®, Expands Trailer Footprint in North America with the Acquisition of East® Manufacturing (08/16/2023 - 03:00 PM) Sun Capital Partners附属公司签订最终协议，将从Koch Engineered Solutions手中收购Koch Separation Solutions (08/14/2023 - 09:31 PM) Planet Completes Acquisition of Sinergise; Set to Expand Planet’s Earth Data Platform (08/14/2023 - 09:00 AM)
Sun Capital Partners附屬公司與Koch Engineered Solutions達成最終協議，將收購Koch Engineered Solutions旗下的Koch Separation Solutions (08/14/2023 - 05:56 PM) Sun Capital Partners Affiliate Enters into Definitive Agreement to Acquire Koch Separation Solutions from Koch Engineered Solutions (08/14/2023 - 09:00 AM)
LL Flooring Board of Directors Announces Exploration of Strategic Alternatives to Maximize Shareholder Value (08/14/2023 - 05:00 PM) Redburn and Atlantic Equities complete their combination to form Redburn Atlantic (08/14/2023 - 08:00 AM)
Chevron Extends Early Participation Date to August 18, 2023 and Expiration Date to September 1, 2023 of its Offer to Exchange 5.750% Senior Notes Due 2026 Issued by PDC Energy, Inc. (08/14/2023 - 04:15 PM) Bunge Limited to Hold Extraordinary General Meeting of Shareholders (08/14/2023 - 08:00 AM)
The Arena Group Signs Binding LOI to Combine with Bridge Media Networks, Creating Diversified Media Leader (08/14/2023 - 04:15 PM) Western Asset Managed Municipals Fund Inc., Western Asset Municipal Partners Fund Inc., Western Asset Intermediate Muni Fund Inc. Announce Results of Stockholder Votes at Special Meeting of Stockholders Relating to Proposed Mergers (08/14/2023 - 08:00 AM)