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 […]

Global 5000 Company M&A Headlines

For the month of July, we tracked over 80 M&A (and spin-off) transactions for The Global 5000 companies and have updated the database to reflect them. Leading the way this month were Industrials with 18 transactions including Boeing, WestRock and Johnson Controls. There were 10 transactions in Health Care including Edwards Lifesciences, Lupin and Select […]

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 […]