MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Caliber Collision property for $3.0 million. The property is located in a strong retail corridor in Illinois and is occupied under a net lease with the corporate operator who recently redeveloped the property. The lease has approximately 15 years of term remaining. The…
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
Amentum’s affiliate to acquire DynCorp International
GERMANTOWN: Amentum Holdings LLC and DynCorp International announced a definitive agreement under which an affiliate of Amentum will acquire DynCorp. The acquisition, once finalized, will create one of the largest providers of mission critical support services, with more than $6 billion of combined revenue over the last 12 months. The combination with DynCorp will accelerate…
Hewlett Packard completes $925 million acquisition of Silver Peak
SAN JOSE: Hewlett Packard Enterprise (HPE) has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, in a transaction valued at $925 million. Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. The acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise cloud transformation…
Learning Technologies Group to acquire Moodle provider, eCreators
LONDON: Learning Technologies Group (LTG) has announced the proposed acquisition of eCreators for an initial cash consideration of A$5.5 million. eCreators is Australia’s largest provider of Moodle, the leading open-source LMS. The business will be integrated into LTG’s existing market-leading Moodle business, Open LMS. This acquisition is in line with LTG’s strategy to add complementary…
HCL Australia to acquire DWS Limited
SYDNY: HCL Australia will acquire 100% of the shares in DWS Limited by way of a Scheme of Arrangement, a news release said. HCL Australia Services Pty. Limited is a wholly owned subsidiary of HCL Technologies Limited, which is a listed company on the National Stock Exchange of India (NSE) with a market capitalization that…
Charles Taylor acquires SBSA Inc. (Solutions Before, Solutions After)
LONDON: Charles Taylor, a provider of services and technology solutions to the global insurance market, has acquired SBSA Inc. (Solutions Before, Solutions After). A full-service engineering and architectural firm, SBSA is licensed throughout the United States. “The addition of SBSA significantly expands and strengthens Charles Taylor’s engineering capabilities in the U.S.,” said Rob Brown, Group…
Heimstaden Bostad acquires residential portfolio worth EUR 830 million and establishes operations in Berlin
OSLO: Heimstaden Bostad has signed a purchase agreement for the acquisition of 130 properties comprising a total of 3,902 residential units, 208 commercial units and 321 parking spaces in Berlin, Germany – a total of 282,000 square meters of lettable area. Agreed purchase price is approximately EUR 830 million, which will be financed with debt…
Bank of Bahrain and Kuwait to acquire Ithmaar Bank’s Bahrain operations
MANAMA, BAHRAIN: The Bank of Bahrain and Kuwait (BBK), one of the largest commercial banks in Bahrain, and Ithmaar Holding, the parent of Ithmaar Bank, signed a Memorandum of Understanding (MoU) on the potential acquisition by BBK of Ithmaar Bank’s Bahrain operations as well as specific assets of IB Capital, a wholly-owned subsidiary of Ithmaar…
Gilead Sciences to acquire Immunomedics in a $21 billion deal
SACRAMENTO: Gilead Sciences Inc. and Immunomedics have entered into a definitive agreement pursuant to which Gilead will acquire Immunomedics for $88/share in cash. The transaction, which values Immunomedics at approximately $21 billion, was unanimously approved by both the Gilead and Immunomedics Boards of Directors and is anticipated to close during the fourth quarter of 2020….
Keywords Studios acquires Maverick Media Limited for £3.6 million
LONDON: Keywords Studios, the international technical and creative services provider to the global video games industry, announced the acquisition of Maverick Media Limited, a video games creative marketing agency, for an amount of up to £3.6 million. The acquisition furthers the Group’s strategy to become the ‘go to’ technical and creative services platform for the…
Auburn Resources to acquire Ripple Resources
PERTH: A Term Sheet has been executed between Auburn Resources Limited and Armour Energy Limited for the acquisition of Armour’s wholly owned subsidiary, Ripple Resources Pty Ltd by Auburn, a news release said. Ripple currently holds a number of mineral exploration tenements in Queensland and the Northern Territory considered to be prospective for lead and/or…
Adevinta signs agreement to acquire eBay Classifieds Group for $9.2 billion
OSLO: Adevinta ASA has entered into a definitive agreement to acquire 100% of eBay Classifieds Group, the global classifieds arm of eBay Inc for a headline value of US$9.2 billion. Under the terms of the agreement, eBay shall receive US$2.5 billion in cash and 540 million shares of Adevinta, representing a 44% stake in pro…