by Sebastian | Dec 13, 2021 | News
SPX FLOW on Monday said it agreed to be acquired by an affiliate of private-equity firm Lone Star Funds for $86.50 a share in cash in a deal valued at $3.8bn, including the assumption of debt. The deal represents a 1% premium to Friday’s closing price for SPX, a...
by Sebastian | Dec 12, 2021 | News
A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn merger with a ‘blank cheque’ company created by the Japanese technology giant SoftBank. Sky News has learnt that Symbotic is...
by Sebastian | Dec 12, 2021 | News
Private equity firm Brookfield has inked a deal to buy a Canary Wharf office block for a slashed price while a fresh work from home order will see offices empty next week. According to reports in The Sunday Times, the private equity firm has agreed a deal to buy the...
by Sebastian | Dec 12, 2021 | News
The league’s board of governors on Thursday approved a change to its ownership rules to allow for institutional investors, according to someone familiar with the decision. The NHL joins the NBA, MLS and MLB in making the change. An NHL representative didn’t...
by Sebastian | Dec 12, 2021 | News
Getty Images on Friday agreed to return to public markets through a merger with a blank-check firm backed by CC Capital and Neuberger Berman, in a deal valuing the supplier of stock photos and videos at about $4.8bn including debt. The deal with CC Neuberger Principal...
by Sebastian | Dec 11, 2021 | News
GoldenTree Loan Management II and its affiliated investment manager GoldenTree Asset Management along with other affiliated investment managers, announced the closing of a $651m collateralized loan obligation to be managed by GLM II. With the closing of this CLO,...
