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Mergers and Acquisitions
156 TokenPost stories are tagged Mergers and Acquisitions. The newest appear first.
Latest Mergers and Acquisitions stories
- Transocean Expects Dec. 1 Valaris Close, Nearly 95% 2027 Coverage
Transocean has received the required regulatory approvals and plans to pursue an estimated $200 million in annual synergies after closing.
· Business
- Alamo Reports 0.7x Pro Forma Leverage After Econ Acquisition
The company completed its purchase of Econ for about $158.7 million on Oct. 27, using borrowings from its revolving credit facility.
· Business
- Equitable Targets $500 Million in Run-Rate Savings by End of 2028
It expects the Corebridge merger to close at year-end and has identified more than $100 million in run-rate savings.
· Business
- ADT Reports 4% Q3 Revenue Growth as Adjusted EBITDA Slips 2%
Adjusted earnings per share increased 4% to $0.24, while ADT withdrew its previous guidance.
· Business
- Bank of America Cuts Marvell Target to $225 After Lumentum Deal
The revised target is 31% above Marvell’s Nov. 2 close, while the bank lowered it from $400.
· Investing
- Organigram Agrees to Acquire Aurora in C$561 Million Deal
The agreement comes as Curaleaf pursues a hostile offer that Aurora has recommended shareholders reject.
· Business
- Dine Brands Rejects Nonbinding $39-a-Share Proposal From Arkhouse, Cobblers Cove
The board found the proposal inadequate and substantially undervaluing Dine. The investors described the price as a 32.8% premium to the company’s 30-day volume-weighted average price.
· Business
- NextEra, Dominion Accept 114 Conditions in Virginia Merger Review
The companies accepted 101 of 117 proposed conditions as written and 13 more with modifications or enhancements.
· Regulation
- Rockwell Medical Sets $125 Million Base Price for Hemodialysis Deal
The acquisition adds machines, water treatment systems and services to Rockwell’s portfolio. It includes a manufacturing facility in Italy and is expected to close in mid-2027.
· Business
- Kontoor Brands Completes Lee Sale to Authentic Brands Group
The completed sale shifts Kontoor’s focus toward Wrangler and Helly Hansen.
· Business
- CrowdStrike Agrees to Buy Fiddler AI to Expand Agent Monitoring
The planned payment is mostly cash, with a stock component subject to vesting. CrowdStrike did not disclose the purchase price.
· Business
- Merck KGaA to Sell U.S. Contract Drug Development and Manufacturing Business
The agreement would add about 1,100 employees to Lonza’s U.S. operations. The companies expect the deal to close in mid-2027.
· Business
- Autoliv Closes Acquisition of Italian Seatbelt Maker MCF Safety Belts
The purchase expands Autoliv’s presence in commercial and specialty vehicles and supports its growth in adjacent markets.
· Business
- CVR Energy Nears More Than $4 Billion Deal for Marathon Refineries
An announcement on the proposed transaction is expected Tuesday, Nov. 3.
· Business
- People Familiar With Matter Say Huang Supported Marvell-Lumentum Deal
Marvell and Lumentum’s CEOs spoke with Huang before announcing their nearly $103 billion merger. Lumentum CEO Michael Hurlston described Nvidia’s reaction as positive.
· Business
- Salesforce Agrees to Acquire Cresta, a Customer Experience Software Firm
Financial terms were not disclosed. Salesforce expects the deal to close in the first quarter of its fiscal 2028, subject to customary closing conditions.
· Business
- Marvell-Lumentum deal targets AI optics, adding $60 billion to market opportunity
Marvell and Lumentum executives say their combination would add $60 billion to their addressable market as demand grows for integrated AI data center connectivity.
· Business
- Axcelis and Veeco Move Their Merger Closing Target to Q1 2027
The companies had previously targeted a second-half 2026 close. Completion remains subject to approval from China’s State Administration for Market Regulation.
· Business
- Fox Receives All Foreign Regulatory Approvals for Planned Roku Acquisition
The proposed transaction is valued at about $22 billion.
· Business
- Ennis Acquires Michigan Thermal Paper Maker Telemark Diversified Graphics
The Sturgis-based manufacturer adds products for distributors whose customers include financial institutions, retailers and other businesses.
· Business
- Marvell Agrees to Acquire Lumentum in Deal With $115 Billion Enterprise Value
Lumentum holders will receive 4.5 Marvell shares per share, a 23.9% premium. Marvell’s 10.05% Friday decline came before the deal announcement.
· Business
- Surgery Partners Deal Sets $23.50 Cash Payment for Eligible Shareholders
The $5.7 billion deal is expected to close in the first quarter of 2027. A proposed $7.25 billion settlement covering other Roundup lawsuits remains under review.
· Business
- Evonik Declines Negotiations on BASF’s €11.2 Billion Offer
Evonik had previously acknowledged a nonbinding approach for a voluntary public offer covering all its shares.
· Business
- X Ticker Becomes Available as SpaceX-Tesla Merger Review Continues
The symbol adds a possible branding angle to the discussions, but neither company has announced plans to use it. Independent director committees are reviewing the proposal without agreed transaction terms.
· Business
- Thrive Holdings Agrees to Buy ADT in $15.3 Billion Enterprise-Value Deal
The all-cash offer is $10 per share, about 45.6% above ADT’s unaffected closing price on Oct. 27.
· Business
- Blackwells Says It Will Fight Trian-Led $1.4 Billion Wendy’s Bid
The Wendy’s shareholder said it plans to use every available option to block the proposed purchase.
· Business
- DoorDash Agrees to Acquire Instacart in $17 Billion Deal
The agreement sets a $65-per-share price and requires at least 75% of the consideration to be paid in cash.
· Business
- MGM Resorts CEO Says Deal Talks With People Inc. Have Ended
People offered $48.30 per share in June for MGM’s remaining publicly held shares, then withdrew the proposal.
· Business
- First Community Bankshares Sets $243 Million All-Stock Merger
Eligible Main Street shareholders would receive 0.6174 First Community shares for each share, an implied value of about $30.14 per Main Street share.
· Business
- Onsemi in Talks to Buy Ferric for Nearly $1 Billion
Possible terms include payments to Ferric based on performance targets, but the deal structure is unclear.
· Business
- Cintas-UniFirst Deal Spread Widens Tuesday.
Cintas plans to acquire UniFirst in a transaction valued at $5.5 billion.
· Business
- DoorDash Shares Rise 0.43% in Tuesday Premarket Trading.
An agreement could come as soon as Wednesday, Oct. 28, but the talks could still fall apart; neither company has announced a definitive deal or disclosed payment terms.
· Business
- GFL Shares Pare a Loss as BC Partners Works to Roll Part of Its Stake
The negotiations involve part of BC Partners’ minority stake in a potential purchase of the waste-management company.
· Business
- Instacart Explored Sale, Held Preliminary Talks With DoorDash and Uber
Uber later ended its discussions. No offer, buyer, agreement or transaction terms have been confirmed.
· Business
- Tesla Shares Rise 6.5% as Committees Review Possible SpaceX Merger
Neither company has agreed to terms. Barclays also upgraded Tesla and raised its price target to $450.
· Business
- Stem Opens Strategic Review That Could Lead to Sale or Merger
The clean-energy software company is also weighing asset sales and financing changes. Its board has set no deadline for the review.
· Business
- Ovintiv Agrees to Buy Logan Energy for About $890M Including Debt
The cash price is C$1.40 per share. The acquisition would expand Ovintiv’s position in Canada’s Montney formation.
· Business
- EQT Agrees to Buy Range Resources in $50 Billion All-Stock Deal
The combined company would produce more than 9 Bcfe per day, and Range shares rose 15.3% in premarket trading Monday.
· Business
- Couche-Tard Bid Values Cumberland Farms at $7.5 Billion to $8 Billion
Cumberland Farms is a privately held convenience and gas station chain. Couche-Tard is based in Canada.
· Business
- Fireblocks Says Visa Acquisition Report Was Not True at the Time
The $2.5 billion price remains unconfirmed; Fireblocks’ last disclosed valuation topped $8 billion in a 2022 funding round.
· Business