mergers-and-acquisitions News

Jefferies Buys 50% of Hildene, Deepening Asset Management Push
Mergers & Acquisitions
2mo ago

Jefferies Buys 50% of Hildene, Deepening Asset Management Push

The $340 million cash deal for the credit specialist is expected to be immediately accretive to Jefferies' earnings and expands its footprint in the insurance space.

ContextLogic to Acquire US Salt for $907.5M in Radical Pivot
Mergers & Acquisitions
2mo ago

ContextLogic to Acquire US Salt for $907.5M in Radical Pivot

The former parent of e-commerce platform Wish is transforming into a business ownership platform, making the 132-year-old salt producer its first major acquisition.

IBM Eyes Confluent in $11 Billion Deal to Bolster AI and Cloud Push
Mergers & Acquisitions
2mo ago

IBM Eyes Confluent in $11 Billion Deal to Bolster AI and Cloud Push

A potential acquisition would value the data-streaming firm at a nearly 60% premium, continuing IBM's software buying spree under CEO Arvind Krishna.

Worthington Steel in Talks to Acquire German Rival Kloeckner & Co
Mergers & Acquisitions
2mo ago

Worthington Steel in Talks to Acquire German Rival Kloeckner & Co

The potential deal would see the newly independent U.S. steel processor expand its footprint into the European market in a significant cross-border acquisition.

Confluent Surges on Report of $11 Billion IBM Takeover
Mergers & Acquisitions
2mo ago

Confluent Surges on Report of $11 Billion IBM Takeover

The potential deal values the data-streaming company at a significant premium, signaling IBM's aggressive push into hybrid cloud and AI.

Warner Bros. Soars on $82.7B Netflix Deal Amid Antitrust Storm
Mergers & Acquisitions
2mo ago

Warner Bros. Soars on $82.7B Netflix Deal Amid Antitrust Storm

Shares hit 52-week high on acquisition news, but vocal opposition from lawmakers and industry groups signals a tough regulatory battle ahead.

Steelcase, HNI Shareholders Approve Merger, Deal Nears Finish Line
Mergers & Acquisitions
2mo ago

Steelcase, HNI Shareholders Approve Merger, Deal Nears Finish Line

The transaction, creating a nearly $6 billion office furniture powerhouse, is now expected to close on December 10 after clearing its final major hurdle.

Global M&A Nears 2021 Peak, Spurred by Media Megadeals
Mergers & Acquisitions
2mo ago

Global M&A Nears 2021 Peak, Spurred by Media Megadeals

A proposed $83 billion Netflix-Warner Bros. combination signals renewed corporate confidence as dealmaking surges across technology and media sectors.