EDEN PRAIRIE:C.H. Robinson (NASDAQ: CHRW) announced Monday it has acquired DeSpir Logistics, a specialized provider of secure transportation and cargo escort services for mission-critical, high-value freight across North America. The $75 million cash acquisition, which closed Monday, adds specialized capabilities for…
FRISCO: Public Storage (NYSE: PSA), the largest U.S. owner of self-storage facilities, has agreed to acquire Public Storage Canada from the family of its founder in a transaction valued at approximately $1.2 billion, the company announced Monday. The acquisition marks the…
LONDON: FirstCash Holdings Inc. has agreed to acquire Ramsdens Holdings PLC, a UK-based pawnbroker and financial services provider, in a recommended cash deal valued at up to approximately £206 million, the companies announced Tuesday. Under the terms of the acquisition,…
LONDON: Paragon Banking Group PLC has agreed to sell the entire issued share capital of its subsidiary, Specialist Fleet Services Limited (SFS), to NRG Fleet Services Limited (NRG) for £85.6 million, including the settlement of SFS’ intra-group debt. The sale is expected…
Stockholm: Sandvik AB has signed an agreement to acquire the Italy-based company Diemme Filtration, a leading provider of filtration and dewatering solutions for the global mining industry, with a leading position in high-performance filter presses. The company will be reported as a separate new division, Filtration, within business area Rock Processing….
LONDON: Pantheon Infrastructure PLC, a listed global infrastructure fund, has committed approximately $55 million (£41 million) to Terra-Gen, a U.S. renewable energy platform, through a co-investment vehicle managed by Igneo Infrastructure Partners. Terra-Gen develops, constructs and operates utility-scale solar, wind and battery storage infrastructure…
LONDON: BATM Advanced Communications Ltd. said Monday it has agreed to sell three non-core business units and a significant block of its own shares in a pair of interconnected deals that will generate about $36.6 million in cash and sharpen the company’s focus on…
LONDON: Investment firm Castlelake LP on Monday made public its third non-binding proposal to acquire easyJet Plc for 625 pence per share in cash, valuing the British low-cost carrier at approximately £4.2 billion, after the company’s board rejected three successive private approaches….
PARIS: Danone SA announced Monday it has agreed to acquire Australian health-food company MADE Group and buy out the remaining stake in its Australian dairy joint venture, expanding its footprint in the fast-growing Asia-Pacific nutrition market. The French food giant said it will…
NEW YORK: Acorn, a skills and development platform, has acquired B Online Learning, Australia and New Zealand’s leading eLearning design and development provider, the company announced. The acquisition comes as new research highlights a growing disconnect between how organizations measure learning…
BOSTON: HyperLight Corp., a developer of thin-film lithium niobate photonics, said Thursday it closed an $80 million Series C funding round led by MediaTek, with participation from a consortium of semiconductor, manufacturing and investment firms. The round includes UMC Capital, Jabil, Foxconn, EDBI, CDIB-TEN Capital and…
LONDON: SEED Innovations Ltd, an AIM-quoted investment company, has subscribed £300,000 for an approximate 3.66% equity stake in Fieldwork Robotics Ltd, a U.K. agricultural technology company developing autonomous harvesting systems for soft-fruit growers, the company announced Friday. The investment is part of a…