Mergers & Acquisitions

Spin Master Announces Acquisition of GUND from Enesco

Spin Master Announces Acquisition of GUND from Enesco PR Newswire TORONTO, March 5, 2018 Acquisition Expands Spin Master’s Brand Portfolio With New Plush Toy Business TORONTO , March 5, 2018 /PRNewswire/ – Spin Master Corp. (TSX:TOY; www.spinmaster.com ), a leading global children’s entertainment company, is pleased to announce the purchase of GUND, the oldest soft toy brand in the United States , from Enesco LLC, a portfolio company of Balmoral Funds, a private equity firm. Established in 1898, GUND is one of the leading plush toy manufacturers in the world, recognized by the American Brand Council as one of the most trusted toy brands in the U.S. […]

Mergers & Acquisitions

Centene To Acquire Community Medical Group To Expand Its Provider Assets

Centene To Acquire Community Medical Group To Expand Its Provider Assets PR Newswire ST. LOUIS, March 5, 2018 ST. LOUIS , March 5, 2018 /PRNewswire/ — Centene Corporation (NYSE: CNC) announced today that it has signed a definitive agreement to acquire Community Medical Holdings Corp., dba Community Medical Group (“CMG”), a leading, at-risk primary care provider, serving over 70,000 Medicaid, Medicare Advantage, and Health Insurance Marketplace program patients in Miami-Dade County, Florida . […]

Stock Analysts

3M (MMM) Remains Poised to Gain From Healthy Growth Dynamics

On Mar 5, we updated the research report on diversified industrial goods manufacturer, 3M Company MMM . 3M remains focused on three key metrics namely, portfolio management, investment in innovation and business transformation. For portfolio management, 3M intends to concentrate on its most profit-making and fastest-growing businesses. […]

Mergers & Acquisitions

ITUS Corporation Forms Alliance with Serametrix Corporation

ITUS Corporation Forms Alliance with Serametrix Corporation PR Newswire SAN JOSE, Calif., March 5, 2018 SAN JOSE, Calif. , March 5, 2018 /PRNewswire/ — ITUS Corporation (NASDAQ: ITUS) today announced that ITUS and Serametrix Corporation have signed an agreement to bring the power of Cchek™, ITUS’s proprietary, AI-driven liquid biopsy cancer diagnostic technology to Serametrix’s substantial expertise in immune monitoring assays. […]

Mergers & Acquisitions

Longview and DFH Combine to Create Canada’s Leading Independent Communications and Public Affairs Firm

Longview and DFH Combine to Create Canada’s Leading Independent Communications and Public Affairs Firm Canada NewsWire TORONTO and VANCOUVER, March 5, 2018 TORONTO and VANCOUVER , March 5, 2018 /CNW/ – Longview Communications and DFH Public Affairs have merged to create Canada’s leading independent advisory firm specializing in corporate and financial communications and public affairs. “This combination brings together two independent boutiques with highly complementary skills – and values – to create a communications and public affairs firm with experience and capabilities that we believe set us apart in the Canadian market,” said Josh Pekarsky , Founder of Longview Communications. ” Longview has always been about being good at what we do and well-equipped to meet the needs of our clients […]

Mergers & Acquisitions

Vesper Holdings Expands Georgia Student Housing Portfolio With New Acquisitions

Vesper Holdings Expands Georgia Student Housing Portfolio With New Acquisitions Vesper Holdings announces its acquisition of two student housing communities located near the University of West Georgia PR Newswire NEW YORK, March 5, 2018 NEW YORK , March 5, 2018 /PRNewswire/ — Vesper Holdings (“Vesper”), a privately-held real estate investment firm based in New York City , is pleased to announce the acquisition of Carrollton Crossing and River Pointe located near the University of West Georgia . With this latest transaction, Vesper’s student housing portfolio now totals over 17,000 beds. Inclusive of this acquisition, Vesper has purchased 13 properties totaling approximately $400 million over the last 16 months […]

Mergers & Acquisitions

Oceaneering Acquires Ecosse Subsea Limited

Oceaneering Acquires Ecosse Subsea Limited Expands Service Line Capabilities to the Growing Renewable Energy Market PR Newswire HOUSTON, March 5, 2018 HOUSTON , March 5, 2018 /PRNewswire/ — Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced today that one of its wholly owned subsidiaries has acquired Ecosse Subsea Limited (“Ecosse”), a provider of offshore engineering, seabed preparation, route clearance and trenching services to the renewable energy and oil and gas industries, for approximately 50 million pounds sterling. Headquartered in Aberdeen, Scotland , Ecosse builds and operates seabed preparation, route clearance and trenching tools for submarine cables and pipelines on an integrated basis that includes vessels, ROVs and survey services […]

Mergers & Acquisitions

Boston Scientific Announces Acquisition of EMcision, Limited

Boston Scientific Announces Acquisition of EMcision, Limited Acquisition expands endoscopic portfolio to include radiofrequency devices PR Newswire MARLBOROUGH, Mass., March 5, 2018 MARLBOROUGH, Mass. , March 5, 2018 /PRNewswire/ — Boston Scientific (NYSE: BSX) today announced that it has acquired EMcision, Limited, a privately held company located in the United Kingdom and Canada . The acquisition will expand the Boston Scientific Endoscopy portfolio to include the Habib TM EndoHPB probe, a novel endoscopic bipolar radiofrequency device, which coagulates tissue in the gastrointestinal (GI) tract […]

Mergers & Acquisitions

U.S. Concrete Arrived In Amarillo This Morning

U.S. Concrete Arrived In Amarillo This Morning – Expanded ready-mixed concrete footprint in West Texas with acquisition of Golden Spread Redi-Mix – – Strengthens vertical integration with the addition of sand and gravel operation – PR Newswire EULESS, Texas, March 5, 2018 EULESS, Texas , March 5, 2018 /PRNewswire/ — U.S. Concrete, Inc. […]

Mergers & Acquisitions

Iconic Design Portal Coolhomepages.Com Acquired by Wellspring Search

Iconic Design Portal Coolhomepages.Com Acquired by Wellspring Search Precursor to Webby Awards finds a new home with Karl Hindle PR Newswire FREDERICK, Md., March 5, 2018 FREDERICK, Md. , March 5, 2018 /PRNewswire-PRWeb/ — Wellspring Search, LLC , announces the acquisition of CoolHomepages.com, the California -based design portal that has launched and made thousands of design careers in the digital industry. […]

Mergers & Acquisitions

Jianpu Technology Inc. Announces Strategic Investment

Jianpu Technology Inc. Announces Strategic Investment PR Newswire BEIJING, March 5, 2018 BEIJING , March 5, 2018 /PRNewswire/ – Jianpu Technology Inc. (“Jianpu,” or the “Company”) (NYSE:JT), a leading independent open platform for discovery and recommendation of financial products in China , today announced that it has signed a definitive agreement to acquire 65% of equity interests in a China -based technology company specializing in optimizing data-driven risk management decisions. […]

Mergers & Acquisitions

AXA to acquire XL Group: Creating the #1 global P&C commercial lines insurance platform

AXA to acquire XL Group: Creating the #1 global P&C commercial lines insurance platform PR Newswire PARIS, March 5, 2018 PARIS , March 5, 2018 /PRNewswire/ — A major leap forward in AXA’s strategic journey Creating the leading global P&C Commercial lines player across all lines Strong complementarities expected to fuel future earnings growth and value creation Effective use of proceeds from the planned US IPO and intended subsequent sell-downs 1 , at an attractive return Ambition 2020 targets reaffirmed AXA announced today that it has entered into an agreement to acquire 100% of XL Group Ltd (NYSE: XL), a leading global Property & Casualty commercial lines insurer and reinsurer with strong presence in North America , Europe , Lloyd’s and Asia-Pacific . The merger agreement has been unanimously approved by the boards of AXA and XL Group. […]

Mergers & Acquisitions

Far East Consortium Announces Expansion into European Hospitality Sector and Acquisition of Trans World Corporation

Far East Consortium Announces Expansion into European Hospitality Sector and Acquisition of Trans World Corporation PR Newswire HONG KONG, March 4, 2018 HONG KONG , March 4, 2018 /PRNewswire/ — Far East Consortium International Limited (“FEC” or the “Group”; SEHK: 35) is pleased to announce that, after the trading hours of Hong Kong Stock Exchange on 2 March, 2018 , FEC Overseas Investment (UK) Limited (“FEC OIL”), an indirect wholly-owned subsidiary of FEC, FEC Investment (US) Limited (the “Purchaser”), a direct wholly-owned subsidiary of FEC OIL, and Trans World Corporation (the “Target”) entered into an agreement and plan of merger (the “Merger Agreement”). Upon closing of the proposed merger, the Purchaser will merge with and into the Target, and the Target will continue as the surviving company and become a wholly owned subsidiary of FEC OIL. FEC will pay up to US$42 million ( HK$327.6 million ) and will assume the Target’s net debt at closing (not exceeding $11.025 million , or HK$ 86.0 million ) for the acquisition (For more details on the transaction, please refer to the Group’s announcement dated 5 March,2018 ) […]