M&A feed

SquareTrade
Allstatenewsroom· 12 Feb 2019

SquareTrade Extends Consumer Protection Offerings with iCracked Acquisition

The Allstate Corporation has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. The privately held San Francisco-based company will join SquareTrade, an Allstate company that offers consumer protection plans and tech support.

  • SquareTrade
  • Allstate Corp
  • M&A Activities
  • Press Releases
  • Company Websites
Ecolab Inc.
Ecolab· 08 Feb 2019

Ecolab Acquires Online Training Provider Lobster Ink

Ecolab Inc., the global leader in water, hygiene and energy technologies and services, has acquired Lobster Ink, a leading provider of end-to-end online customer training solutions.

  • Ecolab Inc.
  • M&A Activities
  • Press Releases
  • Company Websites
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Intel Corporation
Automation· 08 Feb 2019

ABB and Intel to collaborate on distribution automation systems

ABB and Intel signed a formal agreement to collaborate on the marketing and selling of distribution automation systems and products for protection and control in utility and industrial applications. At the core of the agreement is ABB Ability smart substation control and protection for electrical systems, SSC600, powered by Intel® Xeon® processors.

  • Intel Corporation
  • ABB Ltd
  • M&A Activities
  • Partnerships & Alliances
  • News Articles
  • News and Other Websites
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PepsiCo, Inc.
VCCircle· 07 Feb 2019

Varun Beverages plans to acquire PepsiCo’s franchisee rights in three states

Varun Beverages Ltd said on Thursday its board has approved a plan to acquire PepsiCo India’s franchisee rights in three states from SMV Group. The Ravi Jaipuria-led company said in a stock-exchange filing it will acquire the rights in 13 districts of Karnataka, 14 districts of Maharashtra and three districts of Madhya Pradesh.

  • PepsiCo, Inc.
  • Varun Beverages Ltd
  • M&A Activities
  • News Articles
  • News and Other Websites
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Careem
Seeking Alpha· 06 Feb 2019

Uber could buy Middle East rival Careem

Uber (UBER) is having on-and-off acquisition talks with Careem, according to WSJ sources. Careem is active in 84 cities in about 12 countries in the Middle East, a larger geographic footprint than Uber's in the region.

  • Careem
  • Uber Inc
  • M&A Activities
  • Competitive Landscape
  • News Articles
  • News and Other Websites
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NTT Communications Corporation
Total Telecom· 06 Feb 2019

Arkadin appoints Vianney Motte as CFO

Arkadin, a global provider of cloud communication services and an NTT Communications company, has today announced the firm’s Vice President Finance Americas, Vianney Motte, has been appointed as the company’s new Chief Financial Officer. Having worked at Arkadin for 10 years, Motte has acquired extensive knowledge of the Unified Communications (UC) business, its financials and teams.

  • NTT Communications Corporation
  • Management Changes
  • M&A Activities
  • News Articles
  • News and Other Websites
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General Electric Company
Greater Baton Rouge Business Report· 05 Feb 2019

Baker Hughes maneuvering for GE independence

Oilfield services company Baker Hughes is moving ahead with plans to again become an independent company, The Houston Chronicle reports, signing a series of separation agreements with parent company, General Electric, Baker Hughes CEO Lorenzo Simonelli said Thursday.

  • General Electric Company
  • Baker Hughes Incorporated
  • M&A Activities
  • News Articles
  • News and Other Websites
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General Electric Company
Seeking Alpha· 05 Feb 2019

GE to spin off transportation unit on February 14

General Electric sets Feb. 14 as the date for the spinoff of its transportation business to merge with a subsidiary of Wabtec and says it expects to distribute 8.7B shares of the unit to its shareholders.

  • General Electric Company
  • M&A Activities
  • News Articles
  • News and Other Websites
Adaptly
Adaptly· 04 Feb 2019

Adaptly Named a Facebook Creative Platform Partner

Reading Time: 2 Minutes Adaptly, acquired by Accenture to bolster Accenture Interactive Programmatic Services, today announced their inclusion in the Facebook Creative Platform partner program, making the company one of the only official Facebook partners delivering managed service advertising solutions via technology across the entire campaign process on platforms like Facebook, Instagram, and WhatsApp.

  • Adaptly
  • Facebook Inc
  • Management Changes
  • M&A Activities
  • Awards & Recognitions
  • Company Websites
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General Electric Company
Contify Investment News· 04 Feb 2019

GE Announces Details for Anticipated Completion of Spin-Off and Subsequent Merger of Its Transportation Business

GE announced today that the Finance and Capital Allocation Committee of the GE Board of Directors has set a record date of Februar 14, 2019 for the spin-off of Transportation Systems Holdings Inc. (“SpinCo”), which will hold a portion of GE Transportation, a business unit of GE.

  • General Electric Company
  • M&A Activities
  • News Articles
  • Licensed Content
Ecolab Inc.
Ecolab· 04 Feb 2019

Ecolab Announces Plan to Spin off Its Upstream Energy Business as an Independent Public Company; Expects Fourth Quarter 2018 Diluted EPS of $1.48, with Adjusted Diluted EPS of $1.54; Forecasts 10%-14%

Ecolab Inc. is announcing it plans to spin off its Upstream energy businesses as a stand-alone publicly-traded company. The Upstream Energy business currently operates within Ecolab’s Energy segment and consists of the Oil Field Chemicals production business and the WellChem drilling and well completion chemistry business.

  • Ecolab Inc.
  • M&A Activities
  • Financial & Business Performance
  • Press Releases
  • Company Websites
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Ansys Group
Observer-Reporter· 03 Feb 2019

ANSYS acquires reputation as a global giant

ANSYS Inc. announced it had reached definitive agreements to purchase a California company and a firm in the United Kingdom. Those transactions, which are expected to close during the first quarter of 2019, would enable the global giant in engineering simulation software to experience still another growth spurt.

  • Ansys Group
  • M&A Activities
  • News Articles
  • News and Other Websites
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Danske Bank AS
Financial-World· 02 Feb 2019

An unknown investor to invest on Deutsche bank merger

The scandal-sickened, Germany’s Deutsche bank is running out of time to seek a merger with its rival Commerzbank, as the financial organization had been pushed through to the edge of a cliff over a $200 billion money

  • Danske Bank AS
  • Deutsche Bank AG
  • M&A Activities
  • News Articles
  • News and Other Websites
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General Electric Company
Motley Fool· 02 Feb 2019

GE's Latest Move Just Made Its Stock More Appealing

General Electric management just made a quiet move that will possibly presage more drastic action in reducing the company's debt load and improving its creditworthiness. Specifically, GE modified the terms of its merger agreement with Wabtec Corporation in order to raise more cash for the company, but it also reduced the amount of Wabtec GE shareholders will own.

  • General Electric Company
  • Wabtec Corp
  • M&A Activities
  • News Articles
  • News and Other Websites
Emerson Electric Co.
Emerson· 01 Feb 2019

Emerson Completes Acquisition of General Electric’s Intelligent Platforms Business

Acquisition grows Emerson’s presence as complete automation solutions provider for process, hybrid and discrete end markets ST. LOUIS, Feb. 1, 2019 – Emerson (NYSE: EMR) today announced it has completed the purchase of Intelligent Platforms from General Electric (NYSE:GE).

  • Emerson Group
  • Emerson Electric Co.
  • M&A Activities
  • Press Releases
  • Company Websites
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General Electric Company
The Business Journals· 01 Feb 2019

Baker Hughes moves toward separation from GE

General Electric Co.’s stake in oil and gas service company Baker Hughes, a GE Company (NYSE: BHGE), has reached 50.4 percent as the Boston-based parent company looks toward an exit from the oil and gas company.

  • General Electric Company
  • M&A Activities
  • News Articles
  • News and Other Websites
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General Electric Company
Becker's Hospital Review· 31 Jan 2019

GE reevaluates plan to spin off health unit: 4 notes

GE reevaluates plan to spin off health unit: 4 notes General Electric is changing its original plan to spin off its health unit and will instead sell off almost half the business, CNBC reports. Four things to know: 1.

  • General Electric Company
  • M&A Activities
  • News Articles
  • News and Other Websites
WPP Plc
Wpp· 31 Jan 2019

WPP sells stake in Richard Attias & Associates

WPP sells stake in Richard Attias & Associates WPP announces that, in line with its stated objective of simplifying its offer and focusing on its core business, it has agreed to sell its minority stake in Richard Attias & Associates (“RAA”) back to existing shareholders.

  • WPP Plc
  • M&A Activities
  • Press Releases
  • Company Websites
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Whole Foods Market, Inc.
PR Newswire· 31 Jan 2019

Wild Zora, a Family-Owned Healthy Food Business, Makes Surprising Transition from the Premier Health Food Chain to the World's Largest Retailer

Where Whole Foods was once the great supporter of small family brands, Amazon's takeover has forced Colorado-based Wild Zora off the healthy grocer's shelves and into the unlikely arms of the world's largest retailer, Walmart. Walmart's recent shift toward domestic and healthy food brands is providing Wild Zora the opportunity to sell their flagship Original Meat and Veggie Bars™ at lower prices to a wider audience.

  • Whole Foods Market, Inc.
  • Premier Health
  • M&A Activities
  • Press Releases
  • Press Release Agencies
Exxon Mobil Corporation
Exxonmobil· 31 Jan 2019

ExxonMobil Streamlining Upstream Organization to Support Growth Plans

Exxon Mobil Corporation (NYSE:XOM) said today it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. “We’re simplifying and integrating our upstream organization to better capitalize on the industry-leading portfolio we’ve assembled through acquisitions and exploration success in the U.S.

  • Exxon Mobil Corporation
  • M&A Activities
  • Press Releases
  • Company Websites
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Chevron Corporation
Hydrocarbon Processing· 29 Jan 2019

Chevron to buy Texas refinery from Brazil's Petrobras

Chevron Corp has agreed to buy a Texas oil refinery with a troubled past and space to handle a coming flow of shale from its West Texas operations, two sources familiar with negotiations said. The U.S.

  • Chevron Corporation
  • Petroleo Brasileiro SA
  • M&A Activities
  • News Articles
  • News and Other Websites
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Graco Inc.
Zolmax· 29 Jan 2019

Conestoga Capital Advisors LLC Has $3.26 Million Holdings in Graco Inc. (GGG)

Conestoga Capital Advisors LLC grew its position in Graco Inc. (NYSE:GGG) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,881 shares of the industrial products company’s stock after acquiring an additional 1,300 shares during the period.

  • Graco Inc.
  • Conestoga Capital Advisors LLC
  • M&A Activities
  • News Articles
  • News and Other Websites
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Walgreens Co.
Becker's Hospital Review· 28 Jan 2019

Walgreens pays $52M for half of Shopko's pharmacies

Walgreens has agreed to pay about $52 million to acquire half of Shopko's pharmacies, according to The Wall Street Journal. Shopko announced plans to auction off 146 pharmacies to shore up its finances after filing for Chapter 11 bankruptcy protection earlier this month.

  • Walgreens Co.
  • M&A Activities
  • News Articles
  • News and Other Websites
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Wal-Mart Stores, Inc.
The Financial Express· 25 Jan 2019

NCLAT reserves order on plea against CCI nod to Walmart-Flipkart deal

The National Company Law Appellate Tribunal (NCLAT) has reserved its judgement over the petition filed by traders’ body CAIT against fair trade regulator CCI’s nod to Walmart’s USD 16-billion acquisition of . A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya concluded its hearing on Thursday after taking note of submissions made by both sides.

  • Wal-Mart Stores, Inc.
  • CCI Corporation
  • M&A Activities
  • News Articles
  • News and Other Websites
Athenahealth, Inc
Berkerynoyes· 23 Jan 2019

Full Year 2018 Healthcare M&A Trends Report

2018 Key Highlights The largest private equity backed deal in 2018 was Veritas Capital and Evergreen Coast Capital’s announced acquisition of athenahealth, a provider of network-enabled services for hospital and ambulatory customers, for $5.6 billion. The Healthcare IT segment accounted for about one-half of the industry’s aggregate volume in 2018.

  • Veritas Capital
  • Athenahealth, Inc
  • Berkery Noyes & Co.
  • M&A Activities
  • Company Websites