Private equity firm Thoma Bravo has agreed to buy human resources software provider Dayforce for $12.3 billion, including debt, in a take-private deal that executives hope will help expand on the company’s AI...
Gilead unit to acquire cell therapy developer Interius for $350 million
Gilead Sciences’ unit Kite Pharma said on Thursday it will acquire privately-held biotech firm Interius BioTherapeutics for $350 million in cash to advance CAR T-cell cancer therapies that are delivered directly...
International Paper to sell cellulose fibers unit for $1.5 billion
International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American Industrial Partners for $1.5 billion. The deal, expected to close by end-2025, is part of its...
Gryphon to sell Shermco to Blackstone for about $1.6 billion
Private investment firm Gryphon Investors said on Thursday it had agreed to sell Shermco, its portfolio company, to Blackstone in a deal valued at about $1.6 billion. Irving, Texas-based Shermco provides comprehensive...
Lowe’s to buy Foundation Building Materials for $8.8 billion to boost contractor business
Lowe’s Cos said on Wednesday it has agreed to buy interior building products distributor Foundation Building Materials for nearly $8.8 billion, stepping up its expansion into the business that serves contractors...
Bankrupt jewelry retailer Claire’s to sell its North American business
Jewelry retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash, in a deal that will keep at least 795 retail locations in business...
UK blocks Versarien asset sale to Chinese-linked joint venture on security grounds
Britain blocked the proposed acquisition of graphene-related assets owned by Versarien Plc by a joint venture involving China’s Anhui Boundary Innovative Materials Technology, citing national security concerns...
Guess to go private in $1.4 billion deal with Authentic Brands, co-founders and CEO
Guess said on Wednesday it has agreed to be taken private by a group, including its co-founders, CEO and Reebok-owner Authentic Brands, in a deal valuing the designer apparel brand at $1.4 billion, including debt. As...
Dayforce in advanced talks for $70 per share buyout by Thoma Bravo
HR software firm Dayforce said on Wednesday it was in advanced discussions to be acquired by Thoma Bravo for $70 per share, as private equity firms look to software as growth drivers in an uncertain economy...
Black Hills, NorthWestern merge to form $15.4 billion utility to meet surging demand
Black Hills and NorthWestern Energy said on Tuesday they would merge, creating a $15.4 billion regulated electric and natural gas utility better equipped to invest in grid infrastructure and meet rising U.S. power...
Sinclair offers to merge broadcast TV business with rival Tegna, source says
U.S. television station owner Sinclair has made an offer to merge its broadcast TV business with smaller rival Tegna, which is in advanced talks on a potential sale to Nexstar Media Group, a person familiar with the...
US oil and gas M&A activity quadrupled last year, report says
Mergers and acquisitions in the U.S. oil and gas sector more than quadrupled last year despite softer commodity prices as energy companies boosted spending to improve efficiency and profits, according to an Ernst &...
