WINSFORD: H.B. Fuller Company (NYSE: FUL) said Thursday it has agreed to acquire Advanced Medical Solutions Group PLC (AIM: AMS) for approximately £659 million ($827 million) in cash, expanding its presence in the medical adhesives market through a deal that creates a global platform combining surgical technologies with manufacturing scale. The offer values each AMS…
SAN FRANCISCO: Cross Country Healthcare Inc., a technology-driven healthcare workforce solutions company, has agreed to be acquired by investment firm Knox Lane for $13.25 per share in an all-cash transaction valued at $437 million, the company announced Thursday. The offer represents a 31% premium over the company’s closing price on May 6, 2026, and a…
SYDNEY: Australian financial services firm Perpetual Limited (PPT.AX) has entered into a binding agreement to sell its wealth management business to Bain Capital Private Equity for up to A$550 million ($364 million), the company said on Monday, as it moves to simplify its operations and strengthen its balance sheet. The deal includes an upfront cash…
NEW YORK – Kimberly-Clark Corp said on Monday it has agreed to acquire consumer health company Kenvue in a cash-and-stock deal valued at $48.7 billion, a move that combines brands like Kleenex and Huggies with Band-Aid and Tylenol to create a consumer staples giant. The deal, one of the largest on Wall Street this year,…
LONDON: Qualcomm Incorporated has agreed to acquire Alphawave IP Group in a recommended cash deal worth approximately $2.4 billion, the companies announced Tuesday. Chip stock Alphawave soars on Qualcomm takeover Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm, will acquire all issued and future ordinary shares of Alphawave under a scheme of arrangement…
LONDON: Warehouse REIT plc has agreed to a recommended cash acquisition by Wapping Bidco Ltd, a newly formed company backed by investment funds advised by affiliates of Blackstone Inc., in a deal valuing the real estate investment trust at approximately £470 million ($600 million). Under the terms of the deal, announced Wednesday, shareholders of Warehouse REIT…
Blackstone Infrastructure has reached an agreement to acquire TXNM Energy, an electric utility holding company, in a deal that values TXNM at $11.5 billion. The acquisition is aimed at accelerating the clean energy transition and meeting growing power demand in Texas and New Mexico. TXNM Energy serves more than 800,000 customers through its regulated utilities—Texas-based TNMP…
NEW YORK: Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion in a deal that sent Foot Locker shares soaring while dragging down Dick’s stock, the companies announced Thursday. Foot Locker’s stock surged 75% to $22.50 in premarket trading following the news, while Dick’s shares fell 9%. The offer of $24 per share represents…
PARIS: Peugeot Invest has announced a $125 million investment in BroadStreet Partners as part of a capital reorganization, joining a consortium led by Ethos Capital. Ontario Teachers’ Pension Plan, the majority shareholder for over a decade, will maintain a co-control position alongside the new investors. BroadStreet Partners, a leading insurance brokerage firm operating in the…
SYDNEY: Equity Story Group (ASX: EQS) announced Wednesday it has signed a binding agreement to acquire Adelaide-based financial advisory firm Baker Young Limited for $4.2 million, marking a strategic push into full-service wealth management. The deal, funded through debt, includes an upfront cash payment of $3 million and a $1.2 million earn-out tied to performance…
NEW YORK: StoneX Group Inc. (NASDAQ: SNEX) announced Monday that it has reached a definitive agreement to acquire R.J. O’Brien (RJO), the oldest futures brokerage in the United States, in a deal valued at approximately $900 million. The purchase will be financed through a combination of cash and StoneX common stock, with the company also…
LONDON: Public Policy Holding Company, Inc. (AIM: PPHC), a leading government relations and public affairs group, has announced the acquisition of TrailRunner International LLC, a global communications advisory firm based in Texas. The $33 million transaction, finalized on January 24, 2025, is expected to be immediately accretive to PPHC’s earnings. The acquisition will enhance PPHC’s…