Western Midstream Partners, LP (WES) announced Tuesday an agreement to acquire Meritage Midstream Services II, LLC in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments. Western Midstream’s one operating […]
Permian Resources To Buy Earthstone For $4.5 Bln; ESTE Up Over 8% In Pre-market
Permian Resources Corp. (PR) and Earthstone Energy, Inc. (ESTE) said on Monday that they have inked a deal allowing Permian to buy Earthstone, for around $4.5 billion in an all-stock transaction. The transaction includes Earthstone’s […]
Axa H1 Profit Nearly Flat, Premiums Rise; Backs FY23 View; To Buy Laya Healthcare For EUR 650 Mln
French Insurance company Axa S.A. (AXAHY.PK) reported Thursday that its first-half net income edged down to 3.833 billion euros from last year’s 3.852 billion euros. Underlying earnings grew 19 percent to 4.11 billion euros from […]
Kingspan To Buy Major Stake In Germany's Steico SE For Initial Payment Of EUR 251.4 Mln
Kingspan Group Plc (KGP.L, KGSPY), an Irish building materials company, announced Tuesday an agreement with Schramek GmbH to acquire around 51 percent stake in Steico SE for an initial consideration of around 251.4 million euros. […]
Amedisys Accepts UnitedHealth's Sweetened Offer, Scraps Option Deal
Home health and hospice caregiver Amedisys (AMED) on Monday agreed to be acquired by UnitedHealth Group (UNH) and terminated its deal with Option Care Health (OPCH). Amedisys will merge with UnitedHealth’s subsidiary Optum after receiving […]
Darden Restaurants To Buy Ruth's Hospitality For $715 Mln In Cash; RUTH Stock Up In Premarket
Darden Restaurants, Inc. (DRI) announced Wednesday a definitive merger agreement to acquire Ruth’s Hospitality Group, Inc. (RUTH) in an all-cash transaction with an equity value of around $715 million. In pre-market activity on Nasdaq, Ruth’s […]
DuPont Q1 Profit Down, Cuts FY23 View; To Buy Spectrum Plastics; Stock Down In Premarket
DuPont De Nemours & Co. (DD) reported Tuesday that its first-quarter profit declined from last year with weak net sales. Further, the company projects sequentially flat adjusted earnings and net sales in the second quarter. […]
Assertio Holdings To Acquire Spectrum Pharmaceuticals; ASRT Stock Tumble In Pre-market
Assertio Holdings, Inc. (ASRT), a specialty pharmaceutical firm, and Spectrum Pharmaceuticals, Inc. (SPPI), announced on Tuesday that they have agreed for Assertio to buy Spectrum in an all-stock and contingent value rights transaction. Following the […]
WPP Buys Data-driven Influencer Marketing Agency Goat; Financial Terms Not Disclosed
British mass media firm WPP Group Plc (WPP.L,WPPGY) Wednesday announced the acquisition of Goat, an influencer marketing agency. The financial terms of the deal were not disclosed. Goat, founded by Arron Shepherd, Nick Cooke, and […]
Bridge Investment To Buy Newbury Partners In $320.1 Mln Cash Deal
Real estate investment manager Bridge Investment Group Holdings Inc. (BRDG) announced Tuesday its agreement to acquire substantially all of the business of Newbury Partners LLC, an investment manager. The all-cash transaction is valued at $320.1 […]