CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval
By Lisa Pauline Mattackal (Reuters) – CoinShares International said on Friday it has exercised an option to acquire Valkyrie Funds, expanding the European digital asset firm’s U.S. offerings, after Valkyrie’s spot bitcoin…
Auto dealer Asbury to expand Mid-Atlantic presence with $1.2 billion Jim Koons buy
(Reuters) -U.S. auto dealer Asbury Automotive Group said on Friday it would buy privately-owned Jim Koons Automotive for about $1.2 billion to increase its foothold in the Mid-Atlantic region. Demand for vehicles…
MSCI to acquire remaining stake in Burgiss for $697 million in cash
(Reuters) – Index provider MSCI said on Monday it will acquire the remaining 66% of Burgiss Group, a New Jersey-based provider of data and analytics solutions for investors, for $697 million in…
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm – statement
DUBAI (Reuters) – Saudi Arabian Mining Company, known as Ma’aden, has agreed to acquire a 10% stake in Brazil’s base metals company Vale, it said in a bourse statement on Sunday, as…
Rithm Capital to acquire hedge fund Sculptor for $639 million
NEW YORK (Reuters) – Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management for $639 million, the companies said in a statement on Monday. Rithm will pay…
Honeywell to acquire heads-up display assets from Sweden’s Saab
(Reuters) – U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab’s heads-up display (HUD) assets to strengthen its avionics unit. The HUDs will be integrated into…
JPMorgan CEO says unlikely to acquire other struggling banks
By Nupur Anand and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon said that it is “unlikely” that the bank will acquire any other struggling lender, weeks…
Rogers closes deal to acquire Shaw Communications
(Reuters) – Canadian telecommunications company Rogers Communications Inc said on Monday it closed the C$20 billion ($14.87 billion) deal to acquire Shaw Communications. ($1 = 1.3449 Canadian dollars) (Reporting by Akash Sriram…
First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal
First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal Jason Cohen on March 27, 2023 The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares made a…
BlackRock says not participating in any plans to acquire Credit Suisse
LONDON (Reuters) – BlackRock said on Saturday it had no plans or interest to acquire embattled Swiss lender Credit Suisse, a spokesperson for the U.S. asset manager said. “BlackRock is not participating…
UBS in talks to acquire Credit Suisse -FT
(Reuters) -Banking giant UBS is in discussions to take over all or parts of Credit Suisse, with the boards of Switzerland’s two biggest lenders set to meet separately over the weekend, the…
Rheinmetall agrees 1.2 billion euro deal to acquire Spanish explosives maker Expal
LONDON (Reuters) -German military equipment manufacturer Rheinmetall said on Sunday it has agreed a deal to acquire Spanish explosives and ammunition maker Expal Systems for an enterprise value of 1.2 billion euros…
Former Popeyes Executives Sign Agreement to Acquire Seven Existing Bojangles Restaurants and Develop Additional 11 in Western Georgia
Leader in chicken and biscuits has added more than 100 restaurants to development pipeline in 2021 with further expansion planned Charlotte, NC (-) Bojangles, one of the nation’s leading restaurant franchises famous…
FAT Brands Inc. to Acquire Fazoli’s Restaurant Chain for $130 Million
Premium, Quick-Service Chain Marks FAT Brands’ Debut into Italian Dining Category Los Angeles, CA (-) FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it…
Maersk to acquire Denmark-based logistics firm Martin Bencher Group
COPENHAGEN – Shipping group A.P. Moller-Maersk said on Friday it had agreed to buy Danish logistics company Martin Bencher Group in a deal valued at $61 million. “Martin Bencher will be an…
TPG to acquire remaining stake in Convey Health, shares surge
By Chibuike Oguh NEW YORK – Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does not already own, in an all-cash transaction…
EasyJet gains EU okay to acquire Lisbon airport slots from TAP
BRUSSELS – British low-cost carrier EasyJet on Thursday won EU antitrust approval to acquire 18 daily slots at Lisbon airport from Portuguese airline TAP as part of the latter’s rescue plan agreed…
Nestle to acquire Brazilian foodtech Puravida
SAO PAULO – Nestle SA on Monday said its Nestle Health Science unit has reached a deal to acquire Brazilian organic, natural, plant-based food maker Puravida. The company said in a statement…
Echo Global Logistics Signs Definitive Agreement to Acquire Roadtex Transportation Corporation
The deal brings a national warehouse footprint and advanced temperature-controlled transportation solutions to Echo while providing Roadtex’s customers with truckload brokerage and expanded transportation management solutions CHICAGO and SOMERSET, N.J., May 5,…
Universal Technical Institute, Inc. to Acquire Concorde Career Colleges, Inc., a Leading Provider of Healthcare Education Programs
Expands Universal Technical Institute, Inc.’s career-focused education brand portfolio into certificate, credential, and degree-granting healthcare programs. Concorde offers over 20 programs across the Allied Health, Dental, Nursing, Patient Care, and Diagnostic fields.…
Compass Agrees to Acquire Consumer’s Title Company of California
Licensed in every county in California, the Consumer’s Title will dramatically expand Compass’ settlement services footprint across California Compass’ growing settlement services portfolio serves agents and their clients across California, Colorado, Florida,…
NIM Group to Acquire Plateplus, Inc.’s Tulsa, Oklahoma Plant
NIM Group is set to acquire Plateplus, Inc.’s Tulsa, Okla., facility. The transaction is expected to close on April 29. Tweet this “We are pleased to welcome the Tulsa team to the…
Wilkinsburg Teen Sentenced to 15 Months in Prison for Conspiring to Unlawfully Acquire Guns
PITTSBURGH, PA — A resident of Wilkinsburg, Pennsylvania, has been sentenced in federal court to 15 months’ imprisonment followed by three years of supervised release on his conviction of conspiracy to commit…
Subsidiary of Mexico’s Femsa agrees to acquire U.S. distributor Sigma Supply
MEXICO CITY – Mexican bottler and retailer FEMSA announced on Tuesday its U.S. subsidiary Envoy Solutions reached an agreement to acquire the distributor Sigma Supply for an undisclosed amount. FEMSA said the…
Biotechnology Firm Director Sentenced for Obstruction of Justice Relating to Attempts to Acquire Ricin
BOSTON – The director of advanced research at a Massachusetts biotechnology firm was sentenced today in federal court in Boston for obstructing an investigation into his efforts to acquire the deadly toxin,…
Suburban Propane Partners, L.P. Announces Deal to Acquire 25% Equity Stake in Independence Hydrogen
WHIPPANY, N.J., March 10, 2022 — Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, and other energy sources; including low carbon alternatives, today announced it purchased a 25%…
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