Jacobs Completes a Spin-off & a Merger with Amentum
Jacobs announced the completion of the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses and merger with Amentum Parent Holdings LLC, forming an independent, publicly traded company called Amentum Holdings, Inc. The combination creates a government advanced engineering and technology solutions business.Spin-off & Merger ● Construction & Business Services ● North America Additional Announcements BUSINESS SERVICESOmnicom Acquires […]
Alaska Airlines Completes Acquisition of Hawaiian Airlines
Alaska Air Group, Inc. announced it has completed its acquisition of Hawaiian Holdings, Inc., a combination that expands guests’ access to domestic and international destinations, including through the Oneworld Alliance and a network of global partners, and offers a guest experience through two brands with legacies serving local communities.Acquisition ● Transportation ● North America Additional […]
Liberty Media & Sirius XM Complete Split-Off and Merger
Liberty Media Corporation and Sirius XM Holdings Inc. announced that they completed the split-off of Liberty Sirius XM Holdings Inc. As a result of these transactions, New Sirius is now an independent public company separate from Liberty Media, and has been renamed Sirius XM Holdings Inc.Spin-off & Merger ● Publishing & Media ● North America Additional Announcements […]
Verizon is Buying Frontier Communications
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communications Inc. said that the acquisition will also shore up its foray into artificial intelligence as well as connected smart devices.Acquisition ● Telecommunications ● North America Additional Announcements BUSINESS SERVICESSafran Announces Acquisition of AI-firm PreligensBureau Veritas Acquires ArcVera Renewables CONSUMER, PERSONAL […]
ONEOK to Acquire Medallion and Controlling Interest in EnLink
ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 BillionONEOK, Inc. announced it has executed a definitive agreement with Global Infrastructure Partners under which ONEOK will acquire GIP’s entire interest in EnLink Midstream, LLC, consisting of 43% of EnLink’s outstanding common units for $14.90 per unit and 100% of […]
Another Energy Merger
Arch Resources and CONSOL Energy to Combine in All-Stock Merger of Equals Arch Resources, Inc. and CONSOL Energy Inc. announced that they have entered into a definitive agreement to combine in an all-stock merger of equals to create Core Natural Resources, a North American natural resource company focused on global markets. Acquisition ● Mining ● North America […]
Food Industry Acquisitions
This past week there were two major acquisitions in the food industry — Mars will be acquiring snack maker Kellanova in one announcement while food distributors Performance Food Group has entered into an agreement to combine with Cheney Brothers. Mars to Acquire Kellanova Mars and Kellanova announced that they have entered into a definitive agreement under […]
EQT Completes Acquisition of Equitrans Midstream
EQT Corporation announced it has closed its acquisition of Equitrans Midstream Corporation. The combined company is projected to have an unlevered NYMEX free cash flow breakeven price of approximately $2.00 per MMBtu, which is at the low end of the North American cost curve and ensures robust free cash flow generation through all parts of the commodity cycle.Acquisition […]
Carlsberg to Buy Britvic
Carlsberg has agreed a £3.3bn deal to buy Britvic, the company which makes drinks such as Robinsons squash and J20. The Danish brewer said it would create a single beverage company called Carlsberg Britvic to grow its business in the UK and western Europe.Acquisition ● Food & Beverage ● Europe Smurfit Kappa Completes Acquisition of […]
3 Major M&A Announcements Last Week
A fast-paced start to kick off the 2nd half of 2024 – 3 major M&A announcements among Global 5000 companies to go along with eight other major announcements. Boeing announced they will acquire Spirit AeroSystems HBC will be acquiring Neiman Marcus Six Flags Entertainment and Cedar Fair completed their previously announced merger and will ow […]