OKLAHOMA CITY: OTC Industrial Technologies, one of the largest U.S. industrial distributors and service providers, has acquired Global Energy Solutions, a regional rotating equipment sales, service and repair company serving the Central United States. Financial terms were not disclosed. The…
MELBOURNE: MaxiPARTS Ltd., an Australian distributor of aftermarket parts for commercial vehicles, said Thursday it has received a conditional, non-binding proposal from private equity firm Ares Management to acquire all of its outstanding shares for $2.50 per share in cash….
LONDON: PT Prima Petroleum Energi, a leading independent oil and gas company in Indonesia, has agreed to acquire approximately 28.3% of the issued share capital of Jadestone Energy plc from funds managed by Tyrus Capital S.A.M., the company announced Wednesday….
NEW YORK: MacLean Power Systems said Wednesday it has signed definitive agreements to acquire Delta Star Inc., a move that significantly expands its presence in the power transformer and mobile substation market. The acquisition follows MPS’s combination with Power Grid…
SYDNEY: Australian semiconductor company 4DS Memory Ltd. announced Monday it has entered into a binding agreement to acquire Jenesys Pty Ltd, a software firm specializing in autonomous systems coordination, as part of a strategic shift toward integrated hardware-software platforms for…
SYDNEY: Ingenia Communities Group announced Wednesday a proposed acquisition of Peet Limited, a deal valued at approximately $1 billion that would create one of Australia’s largest residential development platforms. The transaction, structured as a scheme of arrangement, offers Peet shareholders…
LONDON: AB Dynamics plc, a designer and supplier of testing products for the global transport market, announced it has acquired eMpulse Test Systems LLC, a Michigan-based manufacturer of advanced servoelectric test equipment. The initial cash consideration for the acquisition is…
SYDNEY: ClearView Wealth Limited announced Thursday that its acquisition by Zurich Financial Services Australia Limited has been implemented, finalizing the scheme of arrangement approved by shareholders and the New South Wales Supreme Court last month. Zurich is now the registered…
MELBOURNE: EQT Holdings Ltd., the holding company for Equity Trustees, said Monday it has received an unsolicited, nonbinding takeover proposal from U.S. private equity firm TPG Global LLC. The indicative offer proposes to acquire 100% of EQT’s outstanding shares through…
BALTIMORE: DecisionPoint Technologies, a leader in end-to-end enterprise mobility and edge technology solutions, said Monday it has acquired 5th Wave Mobile Technology, a specialized provider of mobile computing, barcoding, RFID and data capture solutions. The acquisition bolsters DecisionPoint’s technical expertise…
Global infrastructure investor wins months-long takeover contest for Australian out-of-home advertising leader SYDNEY: I Squared Capital has clinched a deal to acquire oOh!media Limited (ASX: OML) for approximately $1.04 billion, bringing an end to a competitive bidding process that drew…
SYDNEY: Digital safety provider Aura Consolidated Group Inc. has agreed to acquire Australia-listed Qoria Limited in an all-stock transaction that will create a combined entity with a pre-money equity value of approximately A$3.0 billion (US$1.96 billion), the companies announced on…