mergers-and-acquisitions News
Saks Global Files for Bankruptcy After Debt-Fueled Neiman Marcus Deal
The parent of Saks Fifth Avenue and Neiman Marcus secures $1.75B in financing to continue operations as it brings in a new CEO to lead restructuring.
Raymond James Surges on Deal to Acquire Clark Capital
Shares of the financial services firm jumped over 3% after it announced the acquisition of Clark Capital Management Group, adding over $46 billion in assets.
Boston Scientific Inks $15B Deal for Penumbra, Fueling Medtech M&A Fire
Acquisition to create a powerhouse in neurovascular and stroke care, sending ripples across the competitive medical device landscape as consolidation accelerates.
Boston Scientific Shares Fall on $14.5B Penumbra Acquisition
Investors weigh long-term entry into the high-growth stroke care market against the deal's significant cost and near-term earnings dilution.
Boston Scientific to Buy Penumbra for $14.5B in Med-Tech Strike
Deal at a 19% premium comes as Penumbra reveals blowout preliminary revenues, signaling strong momentum in the neurovascular device market.
Calavo Growers Stock Soars on $482 Million Takeover by Mission Produce
Deal unites two of the world's largest avocado suppliers, creating a diversified powerhouse in the booming global market for fresh produce.
Calavo Growers Stock Jumps on $430M Takeover by Mission Produce
The cash-and-stock deal creates an avocado powerhouse, valuing Calavo at a 26% premium and aiming for $25 million in synergies.
Hologic LBO Gets Boost as $8.5B Loan Package Sees Strong Demand
Robust appetite from debt investors is allowing for tighter borrowing costs, signaling confidence in the medical device maker's acquisition and its financial future.