U.S. cabinetry manufacturers MasterBrand Inc and American Woodmark Corp said on Wednesday they will merge in an all-stock deal, creating a company worth $3.6 billion, including debt, amid consolidation in the highly...
Western Midstream to buy Aris Water for $1.5 billion
Western Midstream Partners said on Wednesday it will acquire Aris Water Solutions in a cash-and-stock deal valued at about $1.5 billion as it aims to diversify operations in the Permian Basin. Shares of Aris Water...
Sabadell shareholders approve TSB sale, $2.9 billion special dividend
Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to Santander, which analysts see as a defensive move against BBVA’s hostile takeover bid. The shareholders also...
UK watchdog clears Omnicom’s $13.25 billion deal to buy Interpublic
Britain’s competition regulator said on Wednesday it would not refer the merger between Omnicom and Interpublic to an in-depth phase 2 probe, clearing the way for the creation of the world’s largest...
ChrysCapital gets CCI nod to acquire majority stake in bakery chain Theobroma
Fair trade regulator Competition Commission on Tuesday cleared homegrown private equity major ChrysCapital’s proposal to acquire a majority stake in Mumbai-based bakery chain Theobroma. ChrysCapital is acquiring...
Hazoor Multi Projects Acquires Quippo Oil and Gas Infrastructure
Hazoor Multi Projects Ltd. (HMPL), one of India’s fastest-growing infrastructure and engineering enterprises, is pleased to announce the successful acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo)...
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
Modular building startup Boxabl will go public in the U.S. through a $3.5 billion merger with special purpose acquisition company FG Merger II, the companies said on Tuesday. Modular housing is widely recognized for its...
Marfrig, BRF shareholders approve merger deal
Shareholders in Marfrig and BRF approved on Tuesday the proposed merger between the two Brazilian food processors, the firms said in a joint securities filing. The approval placed the deal one step closer to completion...
Electric air taxi company Joby to acquire Blade Air’s passenger business
Joby Aviation will acquire helicopter ride-share company Blade Air Mobility’s passenger business for up to $125 million, Joby said Monday, as it works to speed the deployment of electric air taxis for commercial...
Ananta Capital acquires majority stake in Rubans, one of India’s fastest-growing fashion jewellery brand
Ananta Capital has completed the acquisition of a majority stake in Fonte Fashions India Private Limited, the parent company of Rubans, a digitally native, fast-growing fashion jewellery brand redefining affordable...
HNI Corp to buy office furniture maker Steelcase for $2.2 billion; bets on return-to-office move of companies
HNI has agreed to buy office furniture maker Steelcase in a deal worth about $2.2 billion, it said on Monday, as it looks to capitalize on more companies asking employees to return to office. HNI’s shares fell 25%...
NYC Music Venue Operator Avant Gardner Files For Bankruptcy
New York City live music venue operator Avant Gardner has filed for bankruptcy protection after difficulties re-opening its flagship outdoor stage, the Brooklyn Mirage, following a major renovation. The Brooklyn Mirage...
