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 […]

Q2 2024 updates for Global 5000 Database

We have completed the Global 5000 database updates for Q2, 2024 which are now posted and available for client delivery. During the quarter, over 2300 records were updated, and all 5,000 company records have been updated within the past 12 months. During Q2, 37 companies were added (or returned to the list) replacing those that […]

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 […]

3 Major Acquisitions Last Week Among Global 5000 Companies

SES to Acquire IntelsatSES S.A. and Intelsat S.A. announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. Acquisition  ●   Telecommunications   ●   Europe   Uniti to Merge with WindstreamUniti Group Inc. announced it has entered into […]

JD Sports strikes deal to buy Hibbett

JD Sports Strikes Deal to Buy Hibbett for $1.1 BillionJD Sports Fashion said it had struck an agreement to buy Alabama headquartered sportswear seller Hibbett for $1.1 billion in a deal aimed at further boosting the British retailer’s position in the U.S. market. Acquisition  ●   Retailers & Wholesalers   ●   Europe & North America Additional News BASIC […]

Global 5000 Database — Q1 2024 updated

We have completed the Global 5000 database updates for Q1, 2024 which are now posted and available for client delivery. During the quarter, over 1450 records were updated, and all 5,000 company records have been updated within the past 12 months. During Q1, 45 companies were added (or returned to the list) replacing those that […]

Home Depot to acquire SRS Distribution Inc. 

The Home Depot has entered into a definitive agreement to acquire SRS Distribution Inc. SRS will accelerate The Home Depot’s growth with the residential professional customer. Under the terms of the merger agreement, a subsidiary of The Home Depot will acquire SRS for a total enterprise value (including net debt) of approximately $18.25 billion.Acquisition   ●   Construction   ●  […]

Cisco Acquires Splunk

Cisco announced it completed the acquisition of Splunk, setting the foundation for delivering visibility and insights across an organization’s entire digital footprint.Acquisition  ●   Technology   ●   North America Additional News BASIC MATERIALSJohnson Matthey Signs Agreement to Sell Its Medical Device Components Business for US$700m BUSINESS  SERVICESAccenture Acquires Flo GroupClarivate Acquires AI Start MotionHallWSP Acquires Communica CONSTRUCTIONCarlisle Companies to […]

Mondi Plc Agrees to Buy DS Smith Plc

Mondi Plc agreed to buy DS Smith Plc for £5.1 billion ($6.5 billion) in a deal that would create one of the world’s largest makers of packaging. The agreement in principle has an implied value of 373 pence a share. Announcement Link Additional News BUSINESS SERVICESFTI Consulting Acquires Madison Consulting GroupUnited Rentals to Acquire Yak […]

Saint-Gobain to Acquire CSR Limited

Saint-Gobain announces it has entered into a definitive agreement with CSR Limited to acquire all of the outstanding shares of CSR by way of an Australian scheme of arrangement for A$9.00 per share, in cash, corresponding to an enterprise value of A$4.5 billion and a net enterprise value of A$3.2bn post short to mid-term monetizable property value of at least A$1.3bn.  […]