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 […]
Nokia to acquire Infinera
Nokia and Infinera, a global supplier of innovative open optical networking solutions and advanced optical semiconductors, announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at $6.65 per share or an enterprise value of US$ 2.3 billion.Acquisition ● Technology ● Europe & North America Additional News BASIC MATERIALSDuPont to Acquire […]
Home Depot Acquires SRS Distribution
The Home Depot Completes Acquisition of SRS DistributionThe Home Depot, the home improvement retailer, has completed the acquisition of SRS Distribution, Inc. for a total enterprise value of approximately $18.25 billion. SRS is a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. Acquisition ● Construction ● North America […]
Noble Corporation Acquiring Diamond Offshore Drilling
Among the 10 major Global 5000 M&A stories, this past week — Noble Corporation will be acquiring Diamond Offshore Drilling — ready the announcement here. Global 5000 Company News BUSINESS SERVICESBooz Allen Acquires PAR Government Systems Corporation CONSTRUCTIONAmbuja Cement Acquires 100% Stake in Penna Cement for Rs 10,422 Crore FINANCIAL SERVICESNational Bank Reaches Deal to […]
Waste Management to Acquire Stericycle
Waste Management, Inc. and Stericycle announced they have entered into a definitive agreement under which WM will acquire all outstanding shares of Stericycle for $62.00 per share in cash, representing a total enterprise value of approximately $7.2 billion when including approximately $1.4 billion of Stericycle’s net debt. Acquisition ● Utility Services ● North America Additional News BASIC MATERIALSNucor […]
ConocoPhillips to Acquire Marathon Oil Corporation
ConocoPhillips and Marathon Oil Corporation announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt. Acquisition ● Oil & Gas ● North America Additional News BASIC MATERIALSAsahi Kasei to Acquire Calliditas Therapeutics AB Mueller […]
DuPont Announces Plan to Separate into Three Independent, Publicly Traded Companies
DuPont announced a plan to separate into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders with New DuPont continuing as a diversified industrial company following completion of the separations. Spin-off ● Basic Materials ● North America Additional News […]