Mergers and Acquisitions
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Bloomberg· 2025-11-06 15:17
Canadian jet manufacturer Bombardier is considering mergers and acquisitions in the defense sector, seeking to capitalize on governments’ plans to spend heavily to rearm their militaries https://t.co/wcIRxsWJE8 ...
RSM UK adds senior executives to transactions tax team in London
Yahoo Finance· 2025-11-06 11:14
Core Insights - RSM UK has expanded its transactions tax team by hiring Alistair Haley as partner and Andrew Parker as director, both based in London [1][4] - The appointments aim to enhance the team's capacity to meet the growing demand for services in the mid-market deals space [4] Summary by Sections Alistair Haley's Background - Alistair Haley brings nearly 25 years of experience in tax advisory roles, focusing on corporate and private equity transactions [1] - His expertise includes cross-border mergers and acquisitions and knowledge of fund structures used by large investors [1][2] - Prior to joining RSM, Haley worked as a director at KPMG in Australia and later became a partner in the UK office, leading the financial services M&A tax practice [2] Andrew Parker's Background - Andrew Parker has over 30 years of experience in corporate tax work, both in the UK and internationally [3] - He previously held a partnership at Deloitte, advising large corporates, private equity groups, and real estate investors on mergers and acquisitions [3] - Parker's responsibilities included transaction structuring, due diligence projects, and refinancing activities [3] RSM UK's Strategic Goals - James Hunt, head of transactions tax at RSM UK, expressed enthusiasm about the new hires, highlighting their extensive experience in complex, cross-border transactions [4] - The firm aims to leverage the new team members' expertise to enhance service delivery and support growth objectives within the mid-market deals sector [4]
$10B Modern Wealth Hires Derek Bruton to Head M&A
Yahoo Finance· 2025-11-06 11:00
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Modern Wealth Management, a $10 billion registered investment advisor co-founded by former United Capital executives, has appointed Derek Bruton as head of mergers and acquisitions. Bruton joins Modern Wealth from executive recruiting firm and M&A consultancy Gladstone Group, where he oversaw RIA sell-side transactions and led the strategic growth consulting division. His past experience i ...
Marvell Technology stock is jumping. An M&A report is the trigger.
MarketWatch· 2025-11-06 09:59
Core Viewpoint - Shares of Marvell Technology experienced a significant increase in premarket trading following reports that SoftBank was considering acquiring the U.S. chipmaker, which would represent a record deal [1] Company Summary - Marvell Technology's stock price surged in premarket trading, indicating strong investor interest and potential market confidence in the company's future prospects [1] Industry Summary - The potential acquisition by SoftBank highlights ongoing consolidation trends within the semiconductor industry, suggesting a competitive landscape where major players are seeking strategic partnerships and acquisitions to enhance their market positions [1]
Newmark Serves as Real Estate Advisor on $1.8 Billion Strategic Merger Between Sonida Senior Living and CNL Healthcare Properties
Prnewswire· 2025-11-05 23:23
Core Insights - Newmark Group, Inc. has acted as the real estate advisor for Sonida Senior Living, Inc. in a definitive agreement to acquire CNL Healthcare Properties, Inc. for approximately $1.8 billion, creating the eighth largest owner of senior living assets in the U.S. with a portfolio of 153 communities totaling around 14,700 units [1][4] Company Overview - The combined entity is expected to have an enterprise value of approximately $3.0 billion and an equity market capitalization of $1.4 billion upon closing [3] - The merger is projected to be immediately accretive to Normalized Funds From Operations (FFO), with expectations of substantial operating and structural synergies, enhanced liquidity, and deleveraging [3] Market Trends - Investor interest in the seniors housing sector is increasing, with transaction activity reaching $13 billion through September 2025, marking a 67% increase compared to the same period last year [5]
Wall Street Bonuses Expected to Surge Again
Bloomberg Television· 2025-11-05 15:51
We had a sense that some good news was coming because most of the banks, the investment banks, they actually posted third quarter results for stock trading that were their best for the third quarter ever. And most of them top down the SEC's expectations, notching about 15 billion of revenue in that quarter. The clear winner here is stock traders.They have benefited, of course, from the volatility set off by Trump's tariff war, but also by the more than 30% rise of the S&P 500, helped by the sort of optimism ...
AMERICAN BANK HOLDING CORPORATION SHAREHOLDERS APPROVE ACQUISITION BY PROSPERITY BANCSHARES, INC.®
Prnewswire· 2025-11-04 23:00
Core Viewpoint - Prosperity Bancshares, Inc. and American Bank Holding Corporation have announced the approval of their merger, with Prosperity continuing as the surviving entity, expected to finalize on January 1, 2026 [1][2]. Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with assets totaling $38.330 billion as of September 30, 2025, providing a range of personal banking services and investments across Texas and Oklahoma [3]. - American Bank Holding Corporation, the parent company of American Bank, has assets exceeding $2.5 billion as of September 30, 2025, and operates 20 banking locations in Texas, offering various commercial and personal banking services [5]. Regulatory Approvals - All necessary regulatory and shareholder approvals for the merger have been obtained, including from the Federal Reserve, FDIC, and Texas Department of Banking [1][2]. Operational Footprint - Prosperity operates 283 full-service banking locations across various regions in Texas and Oklahoma, including significant presences in Houston, Dallas/Fort Worth, and Central Texas [4].
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Kimberly-Clark Corporation (NASDAQ: KMB)
Globenewswire· 2025-11-04 23:00
Core Viewpoint - The law firm Monteverde & Associates PC is investigating Kimberly-Clark Corporation's merger with Kenvue Inc., which could result in Kimberly-Clark shareholders owning approximately 54% of the combined entity, raising questions about the fairness of the deal [1]. Group 1 - Monteverde & Associates PC has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1]. - The firm is headquartered in the Empire State Building, New York City, and specializes in class action securities litigation [2]. - The investigation into Kimberly-Clark's merger with Kenvue Inc. is part of the firm's ongoing efforts to ensure shareholder rights are protected [1]. Group 2 - The proposed merger will lead to Kimberly-Clark shareholders holding a significant majority (54%) in the new company, prompting inquiries about the deal's fairness [1]. - The firm encourages shareholders with concerns to reach out for additional information and assistance [3].
NuVista Energy Enters Into Agreement to be Acquired by Ovintiv
Globenewswire· 2025-11-04 22:05
Core Viewpoint - NuVista Energy Ltd. has entered into a definitive arrangement agreement with Ovintiv Inc. for Ovintiv Canada to acquire all outstanding common shares of NuVista, valuing the transaction at approximately $3.8 billion, including the assumption of NuVista's net debt [1][2][10]. Transaction Details - The transaction allows NuVista shareholders to receive $18.00 per share, which can be taken in cash, Ovintiv shares, or a combination of both, with a maximum of 50% in cash and 50% in shares [2][10]. - The transaction is expected to close in the first quarter of 2026, pending typical conditions such as shareholder and regulatory approvals [3][12][11]. Strategic Benefits for NuVista Shareholders - The purchase price represents a 21% premium to NuVista's unaffected 20-day volume-weighted share price as of September 19, 2025, and is higher than any closing price in the last 15 years [7][8]. - NuVista shareholders will own approximately 10.6% of Ovintiv post-transaction, providing exposure to a larger entity with operations in top unconventional plays in North America [8][9]. - The transaction is unanimously approved by NuVista's Board of Directors, which recommends shareholders vote in favor of the transaction [7][9]. Financial Advisors and Fairness Opinion - Peters & Co. Limited and RBC Capital Markets are acting as financial advisors to NuVista, with Peters & Co. providing a fairness opinion that the purchase price is fair from a financial perspective [17][18]. Company Overview - NuVista is engaged in the exploration and production of oil and natural gas reserves in Alberta, focusing on the Montney formation [20].
Eaton: Got The Power (NYSE:ETN)
Seeking Alpha· 2025-11-04 21:48
Core Insights - Eaton Corporation plc (ETN) is experiencing significant growth driven by a focus on electrification and digitization, along with aggressive mergers and acquisitions (M&A) strategies [1] Group 1: Company Performance - The company has been recognized for its superior growth due to its strategic initiatives in electrification and digitization [1] - Eaton's aggressive M&A efforts are contributing positively to its business expansion [1] Group 2: Market Position - The market has been rewarding companies like Eaton that are actively pursuing growth through innovative strategies [1]