M&A Archives - Page 3 of 448

2 minute read

Matador Resources’ $1.9B Deal Expands Oil And Gas Dominance In Texas And New Mexico: Details

June 12, 10:59 AM

Matador Resources to acquire Ameredev II's oil and gas properties in NM and TX for $1.91B, including 19% stake in Piñon Midstream. Expected to close Q3 2024.

GRPM

1 minute read

M&A
News

Suzano Acquires 15% Stake in Lenzing AG for €230M, Forms Long-Term Partnership with B&C Group

By Benzinga Newsdesk

June 12, 4:19 AM

B&C Group ("B&C") and Suzano S.A. ("Suzano") today announce that Suzano has entered into a long-term partnership with B&C with respect to its majority stake in Lenzing AG

SUZ

2 minute read

Paramount And Skydance Merger Talks Fall Through: Report

By Michael Cohen

June 11, 5:06 PM

Merger talks between Paramount and Skydance have been discontinued, potentially opening the door for other interested parties. The future of Paramount is now uncertain.

PARA

1 minute read

Lithia Motors Accelerates Southeast Growth: Acquisitions To Generate Over $240M Annually

By Lekha Gupta

June 11, 11:49 AM

Lithia Motors expands in US Southeast, acquiring stores expected to generate $240M in revenue. Total year-to-date revenue from acquisitions surpasses $5.6B.

LAD

1 minute read

What’s Going On With Banking Giant HSBC Stock Today?

By Lekha Gupta

June 11, 11:17 AM

HSBC completed the acquisition of Citigroup's retail wealth management portfolio in China, a move that doubles their net new invested assets.

APIE

1 minute read

PAR Technology Sells Government Segment For $102M, Doubles Down on Restaurant Tech

By Lekha Gupta

June 11, 8:20 AM

PAR Technology announced sale of its Government segment, including subsidiaries PGSC and RRC, for $102 million, part of its strategy to sell non-core assets and reinvest for higher returns.

BAH

1 minute read

M&A
News

Descartes Acquires BoxTop Technologies Which Offers Shipment Management Solutions For Small- To Mid-sized Logistics Services Providers; Financial Terms Undisclosed

By Benzinga Newsdesk

June 11, 4:33 AM

U Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired BoxTop Technologies Limited ("BoxTop"), a leading

DSGX

2 minute read

IBM-Spinoff Kyndryl, Apollo Eyeing DXC Technology In Potential Joint Acquisition: Report

By Benzinga Neuro

June 10, 9:20 PM

Apollo and Kyndryl are in discussions regarding a potential acquisition offer for DXC, with the per-share bid ranging between $22 and $25.

APO

2 minute read

Bain Capital’s $5.6B PowerSchool Takeover Under Microscope

By Michael Juliano

June 10, 3:06 PM

Bain Capital's $5.6B takeover of PowerSchool is under scrutiny for conflicts of interest and inadequate price. Shareholders are being cashed out.

BLOK

2 minute read

Paramount’s Parent Attracts Bids from Bronfman Jr and Steven Paul

By Anusuya Lahiri

June 10, 1:45 PM

Paramount Global's National Amusements, controlled by Shari Redstone, is attracting interest from former exec Edgar Bronfman Jr. and Hollywood producer Steven Paul, as it faces challenges and potential mergers. Warren Buffett sold its stake, while Sony and Apollo were previously interested. Stock trading lower.

APO