Jefferies Exclusive: Advisory on Middleground Capital €312m Acquisition of Stemmer Imaging
Jefferies has taken the lead as the financial and debt financing advisor in MiddleGround Capital’s strategic acquisition of STEMMER IMAGING AG, a leader in machine and artificial vision technology. The deal, valued at €312 million, includes a voluntary public takeover offer at €48.00 per share, a 52% premium over STEMMER’s closing share price on July […]
Evercore Exclusive: Advisory on Yokohama Acquisition of Off-the-Road Tire
Evercore has successfully orchestrated a pivotal deal, advising The Goodyear Tire & Rubber Company on the sale of its Off-the-Road (OTR) tire business to The Yokohama Rubber Company for $905 million. This strategic move is part of Goodyear’s broader Goodyear Forward transformation plan, aimed at refining the company’s focus and enhancing its financial structure. The […]
BlackRock Exclusive: Expansion of Research Division in the Middle East
BlackRock is expanding its research division in the Middle East, marking a significant enhancement of its operations in the region. The investment giant has appointed
Lazard Exclusive: Advisory on Quanta Services’ $1.54bn Acquisition of Cupertino Electric
Lazard played a pivotal role as the exclusive financial advisor in Quanta Services’ strategic acquisition of Cupertino Electric, Inc. (CEI) for approximately $1.54 billion. This transaction marks a significant expansion for Quanta, enhancing its capabilities across the technology and renewable energy sectors. Founded in 1954 and based
JP Morgan, Goldman Sachs: Advisory on Supreme Acquisition for $1.5bn by EssilorLuxottica
JP Morgan and Latham and Watkins have taken the helm as exclusive financial and legal advisors for EssilorLuxottica in its strategic acquisition of the streetwear brand Supreme® from VF Corporation, valued at $1.5 billion in cash. The deal, slated to close by the end of 2024, positions Supreme® within EssilorLuxottica’s prestigious portfolio, which includes renowned […]
Allianz Exclusive: 51% Stake Acquisition in Income Insurance for $1.6bn
Allianz SE has announced a strategic move to acquire a 51% stake in Singapore’s Income Insurance through its subsidiary, Allianz Europe B.V. The deal, valued at approximately SGD 2.2 billion (around EUR 1.5 billion), is set to propel Allianz to the fourth largest composite insurer in Asia, significantly up from its current ninth position. This […]
Ares Management: Behind the New York Manhattan Office Expansion
Ares Management Corp. has expanded its Manhattan office space, securing the top eight floors at 245 Park Avenue, a prime location near Grand Central Terminal. This move increases their footprint by three floors, accommodating around 1,150 employees, up from 698 as of late May. A spokesperson for Ares highlighted
CVC Capital Partners: Plans to Take Software Company Comarch Private
CVC Capital Partners, alongside key stakeholders of Comarch SA, has unveiled plans to privatize the Polish software firm by purchasing all outstanding shares and withdrawing it from the Warsaw Stock Exchange. The announcement made on Wednesday
KKR Exclusive: Completed Acquisition of Park 8Ninety from Artis REIT for $234m
KKR has finalized the purchase of Park 8Ninety, a premier 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust for about $234 million. This acquisition marks a significant expansion of KKR’s logistics properties, enhancing its portfolio with approximately 1.8 million square feet of high-quality industrial space. Situated on 127 acres, Park
BlackRock Exclusive: Huge Milestone of $10.6tn Assets Under Management Reached
BlackRock has reached a monumental milestone, managing assets worth $10.6 trillion, setting a new record for the firm. This achievement comes after the company attracted over $80 billion in new investments during the second quarter of 2024. On July 15, BlackRock reported
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