TokenPost topic
Mergers and Acquisitions
156 TokenPost stories are tagged Mergers and Acquisitions. The newest appear first.
Latest Mergers and Acquisitions stories
- Instacart Shares Rise 9.2% Friday Amid Possible Sale Talks
Uber had ended talks with Instacart.
· Business
- Meta Acquires AI Analytics Startup Sundial, Adds Co-Founders and Team
Co-founder Chandra Narayanan will lead Meta's data analytics tooling and agents work. Sundial's platform lets users ask questions about company data in natural language.
· Business
- Smith & Nephew Says It Rejected CEO Pick, Not J&J Deal.
People familiar with the negotiations said J&J favored DePuy Synthes chief Namal Nawana, while Smith & Nephew backed CEO Deepak Nath. They described a proposed split giving J&J shareholders 50.1%.
· Business
- IPM to Buy Advanced Technology Distributors’ IT, Telecommunications, Connectivity and Managed Services Business for Up to $2.7 Million.
Intelligent Protection Management Corp. signed a definitive agreement for a two-stage acquisition that starts with an initial 49% stake.
· Business
- Heritage Financial Lowers Fourth-Quarter Expense Outlook to $55 Million to $56 Million
The Kitsap Bank systems conversion was completed as planned in late September. Heritage recorded $5.185 million in merger-related costs in the third quarter.
· Business
- Lazard Forecasts $500 Million in Combined Lazard CL Revenue for 2027
The firm expects to complete its Campbell Lutyens acquisition in early November, subject to customary closing conditions, and launch Lazard CL as its third global business.
· Business
- FTC Second Requests Extend HSR Waiting Period for Curium-Lantheus Deal
Lantheus and Curium expect to respond promptly and continue to target a first-half 2027 closing. Maximum consideration is $114.50 per share.
· Regulation
- KKR Agrees to Buy HOERBIGER’s Explosion Protection and Static Control Businesses
The deal is targeted to close in the first quarter of 2027; financial terms were not disclosed.
· Business
- Taiwan Blocks Grab’s $600 Million Purchase of Foodpanda’s Taiwan Business
FTC Commissioner Shin Chih-chung cited equity ties, board overlap and past cooperation with Uber, which owns 13.1% of Grab.
· Regulation
- London Stock Exchange Group Agrees to Buy Octus for $3.535 Billion
LSEG expects the deal to generate more than $300 million in revenue in 2026 and be earnings neutral in its first year.
· Business
- Musk Says Tesla Needs 50% of All Shares to Approve SpaceX Deal
A reported timeline targets an announcement in the first half of 2027 and a close during President Donald Trump’s administration. The companies’ committees have not agreed on terms.
· Business
- SpaceX-Tesla Merger Timeline Targets 2027 Agreement, Trump-Term Close
The timeline separates a first-half 2027 agreement target from a closing deadline before President Donald Trump’s term ends.
· Business
- Tesla Posts $1.5 Billion in Free Cash Flow as Musk Confirms SpaceX Merger Review
Adjusted earnings topped expectations even as revenue came in slightly below forecasts. No merger agreement has been reached.
· Business
- Spread on Fox’s Planned $22 Billion Roku Deal Narrows to $2.06
The spread was $3.37 Tuesday, a $1.31 decline by Wednesday, Oct. 21.
· Investing
- SpaceX Revenue Climbs 161% as Musk Floats Possible Tesla Merger
The company reported $14.6 billion in third-quarter revenue and $4.4 billion in net income, reversing a loss a year earlier.
· Business
- Polymarket Contract Put Tesla-SpaceX Merger or Acquisition Odds at 23%
The Oct. 21 snapshot covered announcements by Dec. 31, 2026. A qualifying deal does not need to close by that deadline.
· Investing
- Musk Says Tesla-SpaceX Merger Needs Majority of All Tesla Shares
Independent director committees are considering a deal. SpaceX shares ended Tuesday’s after-hours session about 8% above their regular close.
· Business
- SpaceX and Tesla Form Merger Committees as U.S. Stocks Close Mixed
Super Micro Computer raised its preliminary quarterly sales estimate to $18.5 billion to $19.5 billion, lifting its shares after hours.
· Business
- Bank First Posts $2.35 Adjusted EPS as Third-Quarter Profit Rises
Net income increased to $23.8 million from $18 million a year earlier. Net interest income totaled $55.2 million.
· Business
- Accenture Acquires Avicado, Adding More Than 190 Construction Specialists
The Miami-based consultancy works with software and project controls used by owners of data centers and major infrastructure projects.
· Business
- CBRE’s Onnec Deal Could Reach $1 Billion as Data Center Push Expands
The London-based company has about 800 employees and is projected to generate $498 million in 2027 revenue.
· Business
- Braze Shares Jump 51.7% After Salesforce Agrees to $5.66 Billion Deal
The $47.50-per-share cash offer is about 58.1% above Braze’s Oct. 19 close. The companies expect to complete the deal in Salesforce’s fiscal 2028.
· Business
- GFL Environmental Bidding Group Advances in Potential Sale Process
Both bidding groups remain involved in the potential sale of the waste management company.
· Business
- Legendary Submits Takeover Offer for Lionsgate as Shares Rise
Apollo Global Management backs Legendary, which first approached Lionsgate in 2025 after the studio separated from Starz Entertainment.
· Business
- EQT AB Holds Advanced Talks to Acquire Testing Firm Qiagen N.V.
The Swedish investment firm has submitted an offer of more than $50 per share.
· Business
- SoftBank Eyes Allied Universal as a Testing Ground for Security Robots
A possible acquisition could value the U.S. security company’s equity at up to $18 billion. Talks remain preliminary, and no price has been agreed.
· Business
- China Clears Kimberly-Clark’s $40 Billion Kenvue Acquisition
The Oct. 10 decision preceded conditional European Union approval by three days.
· Business
- Labcorp Agrees to Buy Myriad Genetics Prenatal Business for More Than $210 Million
Myriad shares rose more than 20% in premarket trading Oct. 20, the day the companies announced the agreement.
· Business
- Tesla-SpaceX Merger Scenario Puts SpaceX Holders at 52% Ownership
The hypothetical model uses a $480-per-share transaction price. No merger plan had been formally announced as of Oct. 20.
· Business
- Prudential Financial to Sell Brazil, Mexico Units for $4.025 Billion
CNP Assurances would acquire both insurance businesses outright. The companies expect to close the deal in the second half of 2027, subject to regulatory approvals.
· Business
- 1-800-FLOWERS.COM Closes Sale of PersonalizationMall.com and Things Remembered
The previously announced sale to PlanetArt, LLC was valued at $45 million.
· Business
- Iridium Revenue Rises 8% as Aireon Gain Lifts Quarterly Profit
Net income reached $106.9 million, or $0.98 per diluted share. Iridium’s proposed acquisition by Rocket Lab remains pending.
· Business
- Dime Commercial Bancshares Agrees to Buy ES Bancshares for About $58 Million
The cash-and-stock deal would add three Empire State Bank branches in Staten Island and two in Brooklyn, pending regulatory and shareholder approvals.
· Business
- Maximus Agrees to Buy Agile Defense for $660 Million Base Price
The agreement also covers certain affiliates and allows for price adjustments and additional payments tied to performance targets.
· Business
- Tradeweb Agrees to Acquire Trumid for About $1.97 Billion
The proposed deal would add new-issue and gray-market bond trading to Tradeweb’s credit platform. The companies are targeting a close in the first half of 2027.
· Business
- GFL Environmental Negotiates Potential Sale to Private Equity Group
An agreement could be reached as early as the week of Oct. 26, though the transaction’s terms and structure remain under negotiation.
· Business
- DXC Technology Discusses $2.4 Billion Insurance Software Sale to Eldridge
Eldridge Industries is also considering combining the business with its insurance technology platform, Zinnia.
· Business
- AIOS Tech Deal Would Give SmartCore Sellers 80.16% of Shares
The stock-only acquisition is valued at about $100 million. Class B shares carry 100 votes each, compared with one vote per Class A share.
· Business
- Saturn Oil & Gas Agrees to Acquire Corex for C$302 Million
The cash-and-stock deal adds about 7,000 barrels a day of light and medium crude oil production in Manitoba.
· Business
- MKS Agrees to Sell Ophir Optics to TTM in $650 Million Cash Deal
The companies expect the deal to close in the second quarter of 2027, subject to regulatory approvals and customary conditions.
· Business