Mergers & Acquisitions

Atlantic Power Corporation Announces Agreement to Acquire Partner Interests in Koma Kulshan Hydro Project

Atlantic Power Corporation Announces Agreement to Acquire Partner Interests in Koma Kulshan Hydro Project PR Newswire DEDHAM, Mass., July 3, 2018 DEDHAM, Mass. , July 3, 2018 /PRNewswire/ — Atlantic Power Corporation (NYSE: AT) (TSX: ATP) (“Atlantic Power” or the “Company”) announced today that on June 29, 2018 , it executed an agreement to acquire Covanta’s 50.00% interest in Koma Kulshan, a 13 megawatt run-of-the-river hydro project located north of Seattle , for $11.8 million . In addition, the Company will buy out the operation and maintenance (O&M) contract held by Covanta for $0.3 million […]

Mergers & Acquisitions

Bruker Announces Acquisition of Lactotronic to Expand Technology and Product Portfolio for Food Analysis in the Dairy Industry

Bruker Announces Acquisition of Lactotronic to Expand Technology and Product Portfolio for Food Analysis in the Dairy Industry PR Newswire DRACHTEN, Netherlands, July 3, 2018 DRACHTEN, Netherlands , July 3, 2018 /PRNewswire/ — Bruker announced today that it has acquired the business of Lactotronic B.V., a Dutch developer and manufacturer of analytical instruments for the dairy industry, with 25 years of experience in milk analysis. Financial details were not disclosed. Lactotronic offers high quality and high precision analytical equipment for milk laboratories, including the MIRA™ milk analyzer, to standardize routine milk analysis processes […]

Mergers & Acquisitions

TorQuest Partners Completes Sale of Spinrite

TorQuest Partners Completes Sale of Spinrite PR Newswire TORONTO, July 3, 2018 TORONTO , July 3, 2018 /PRNewswire/ – TorQuest Partners announced today that the firm and its co-investors have completed the sale of their majority interest in Spinrite LP (” Spinrite ” or the “Company”) to Comvest Partners. Terms of the transaction were not disclosed. Daniel Sonshine , Partner at TorQuest said, “Spinrite’s success over the past two and a half years is the result of the Company’s continuous drive to build on its leading market position through new product introductions and a highly focused direct-to-consumer digital marketing strategy. […]

Stock Analysts

National Oilwell Inks Onshore Drilling JV With Saudi Aramco

National Oilwell Varco, Inc. NOV recently inked a deal to form a joint venture (JV) with Saudi Aramco for manufacturing onshore rigs and equipment in Saudi Arabia. The latest development will brighten prospects of the energy services sector in Saudi Arabia and boost future growth potential of National Oilwell. […]

Mergers & Acquisitions

ACCO Brands Completes The Acquisition Of GOBA Internacional

ACCO Brands Completes The Acquisition Of GOBA Internacional PR Newswire LAKE ZURICH, Ill., July 3, 2018 LAKE ZURICH, Ill. , July 3, 2018 /PRNewswire/ — ACCO Brands Corporation (NYSE:ACCO), one of the world’s largest designers, marketers and manufacturers of branded academic, consumer and business products, today announced that it has completed the acquisition of GOBA Internacional, S.A. […]

Mergers & Acquisitions

Juniper Pharmaceuticals Signs Definitive Agreement to be Acquired by Catalent, Inc. for $11.50 Per Share in Cash

Juniper Pharmaceuticals Signs Definitive Agreement to be Acquired by Catalent, Inc. for $11.50 Per Share in Cash PR Newswire BOSTON, July 3, 2018 BOSTON , July 3, 2018 /PRNewswire/ — Juniper Pharmaceuticals, Inc. (Nasdaq: JNP), a diversified healthcare company with core businesses of its CRINONE (progesterone gel) franchise and fee-for-service contract development and manufacturing organization (CDMO) Juniper Pharma Services (JPS), today announced it has entered into a definitive agreement with Catalent, Inc. […]

Mergers & Acquisitions

ASSA ABLOY Acquires Door Systems in the US

ASSA ABLOY Acquires Door Systems in the US PR Newswire STOCKHOLM, July 3, 2018 STOCKHOLM , July 3, 2018 /PRNewswire/ –ASSA ABLOY has acquired Door Systems, a distributor of commercial doors, residential sectional doors, high speed doors and docking solutions, based in Chicago . “I am very pleased that Door Systems is joining the ASSA ABLOY Group. I welcome this addition that further reinforces ASSA ABLOY’s leadership in entrance automation, where our sales have grown from SEK 3 billion in 2008 to SEK 22 billion in 2017,” says Nico Delvaux , President and CEO of ASSA ABLOY […]

Mergers & Acquisitions

VEON announces two major transactions and sets immediate strategic priorities

VEON announces two major transactions and sets immediate strategic priorities Agreement for the sale of 50% stake in Wind Tre to CK Hutchison Offer to acquire GTH assets in Pakistan and Bangladesh Combined transactions refocus VEON’s portfolio and deliver significant leverage reduction on completion PR Newswire AMSTERDAM, July 3, 2018 AMSTERDAM , July 3, 2018 /PRNewswire/ — VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading provider of connectivity and internet services, announces two major transactions today. The Company has entered into an agreement with CK Hutchison Holdings Ltd. […]

Mergers & Acquisitions

SSP Innovations Acquires TC Technology

SSP Innovations Acquires TC Technology UTILITY GIS LEADER GAINS INDUSTRY LEADING MOBILE PRODUCT OFFERING TO CONTINUE MARKET EXPANSION WITH THIRD ACQUISITION PR Newswire DENVER, July 2, 2018 DENVER , July 2, 2018 /PRNewswire/– SSP Innovations, LLC (SSP) is pleased to announce the acquisition of TC Technology, a leading provider of mobile solutions and services for the utility, telecom, and pipeline industries. With the TC Technology (TCT) acquisition, SSP will acquire MIMS (Mobile Information Management System) – in addition to supporting the current functionality MIMS offers, SSP will also utilize it to extend its Lifecycle application suite for both graphic design and inspections. […]

Stock Analysts

Will Signet’s (SIG) Growth Initiatives Drive the Stock?

Shares of Signet Jewelers Limited SIG are not only underperforming the industry but also the overall sector . We note that the stock has inched up 1.7% in the past six months falling shy of the industry’s rise of 18.1% and the sector’s increase of 6.8% over the same period. We note that waning same-store sales, contraction in margins and bleak view following first-quarter fiscal 2019 results, wherein the bottom line plunged year over year, are major concerns […]

Stock Analysts

iRobot (IRBT) Battles Cost Woes on Solid Growth Drivers

We issued an updated research report on premium consumer electronics company, iRobot Corporation IRBT on Jul 2. The company currently carries a Zacks Rank #3 (Hold). Over the past 60 days, the Zacks Consensus Estimate for the stock’s earnings remained changed for both 2018 and 2019 at $2.36 and $2.91 respectively, reflecting neutral brokers’ sentiments […]

Mergers & Acquisitions

Mirae Asset Expands ETF Business with Completion of Global X Acquisition

Mirae Asset Expands ETF Business with Completion of Global X Acquisition PR Newswire NEW YORK, July 2, 2018 NEW YORK , July 2, 2018 /PRNewswire/ — Mirae Asset Global Investments Co., Ltd. (Mirae Asset), one of Asia’s leading independent financial companies based in Seoul, South Korea , today announced that it has completed the previously announced acquisition of Global X Management Company LLC (Global X), the New York -based provider of exchange-traded funds (ETFs) with $10.1 billion i in assets under management (AUM). In partnering with Mirae Asset, Global X gains access to the resources and reach of a large, global financial institution, which will allow for Global X to continue to develop its thematic, income, and international ETF solutions, while expanding distribution capabilities. […]

Mergers & Acquisitions

Dean Foods becomes majority shareholder of Good Karma

Dean Foods becomes majority shareholder of Good Karma Investment marks Dean Foods’ commitment to plant-based foods and beverages PR Newswire DALLAS and BOULDER, Colo., July 2, 2018 DALLAS and BOULDER, Colo. , July 2, 2018 /PRNewswire/ — Dean Foods Company (NYSE: DF) today announced it has increased its ownership percentage and taken a majority stake in Good Karma Foods , the leading brand of flaxseed-based milk and yogurt alternatives. “Good Karma is a fast-growing brand that gets us back into the growing plant-based food and beverage category, making it an excellent addition to our portfolio,” said Ralph Scozzafava , CEO of Dean Foods […]

Mergers & Acquisitions

Holland America Line’s Prinsendam to Leave the Fleet July 1, 2019

Holland America Line’s Prinsendam to Leave the Fleet July 1, 2019 Vessel to transfer to German cruise line Phoenix Reisen PR Newswire SEATTLE, July 2, 2018 SEATTLE , July 2, 2018 /PRNewswire/ — Holland America Line announced that Prinsendam has been sold and will leave its fleet July 1, 2019 and transfer to the German cruise company Phoenix Reisen. Following the sale, the 37,983-ton, 835-guest Prinsendam is being chartered back to Holland America Line to continue sailing its planned voyages through July 1, 2019 . Prinsendam ‘s itineraries from July 1, 2019 , onward are scheduled to be assimilated by Rotterdam , Volendam and Veendam […]

Mergers & Acquisitions

Ryerson Completes Acquisition of Central Steel & Wire Company

Ryerson Completes Acquisition of Central Steel & Wire Company PR Newswire CHICAGO, July 2, 2018 CHICAGO , July 2, 2018 /PRNewswire/ — Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it has completed its previously announced acquisition of Central Steel & Wire Company (“Central Steel & Wire” – OTCPK: CSTW) pursuant to which Central Steel & Wire has become a wholly-owned subsidiary of Ryerson. Central Steel & Wire, with its valued brand spanning more than 100 years, offers a wide selection of products and capabilities, and will continue to operate under its current brand name within the Ryerson network of value-added and intelligently connected service centers. […]