M&A deals plunge in Israel as pandemic sidelines foreign investors
Value of deals drops by 50% to $10 billion, with third quarter showing greatest decline in number, PwC Israel data shows Merger and acquisition deals in Israel plunged by 50% this year to $10 billion compared to last year, due to the economic paralysis wrought by the coronavirus pandemic, a new report by consultants PwC […]
Countrywide agrees to takeover by rival Connells
Estate agency had been weighing rescue options to reverse long decline in share price Connells has reached an agreement to buy rival UK estate agency Countrywide, drawing a line under a long-running battle for control of the company. The deal is a lifeline for Countrywide, which has been weighing rescue options to reverse a decline […]
M&A rebounds sharply to hit $3.6tn in 2020
Deals were halted by the coronavirus but big transactions returned in the last few months A flurry of big deals in the last few weeks drove global mergers and acquisitions to $3.6tn in 2020, representing an extraordinary rebound of takeover activity in the second half of the year. The 2020 total value of deals is […]
Capital Dynamics Acquires Remaining Interest in Arlington Valley Solar Energy from Apollo
Capital Dynamics, an independent global private asset management firm, announced that its Clean Energy business has completed the acquisition of the remaining 69.98% interest in Arlington Valley Solar Energy II, a 175 megawatt solar photovoltaic project, from funds managed by affiliates of Apollo Global Management. CEI acquired a 30.02% interest in AVSE II as part […]
2020: A Solid Year of Mergers and Acquisitions for the Waste Industry
Solid waste and recycling companies completed a series of mergers and acquisitions throughout 2020 despite economic disruptions from COVID-19-related shutdowns. Following the first wave of uncertainty as COVID hit the United States in Q1, Michael E. Hoffman, Stifel’s managing director, told Waste360 readers about the possible economic repurcussions. “There will be negative consequences to this economy, and companies […]
Elon Musk says it’s now ‘impossible’ to take Tesla private
Elon Musk said that it’s now “impossible” to take Tesla private – even though doing so could lead to more innovation at the electric car maker. Tesla’s share price is nearly eight times higher than it was at the start of the year, and it entered the S&P 500 as its fifth-largest member on December 21. Musk, […]
Onex acquires Falcon Investment Advisors
Onex Corporation has acquired Falcon Investment Advisors, LLC, a Boston based private credit manager, from founder Sandeep D. Alva. Financial terms were not disclosed. Onex Corporation today announced that it has acquired Falcon Investment Advisors, LLC, a leading U.S. private credit manager, to expand its established credit platform and solidify its market position in tradeable, […]
World’s Largest Technology Products Distributor Sold to Private Equity Firm in $7.2 Billion Deal
One of the world’s largest investment firms is making a splash in the technology products sector by buying the world’s largest distributor of computer and technology products. Platinum Equity announced on December 9 that it has reached an agreement to acquire Ingram Micro, a distributor of information technology products, in a deal valued at $7.2 billion. Platinum Equity is buying […]
Link Group to acquire Casa4Funds
Link Group is to acquire Casa4Funds from Banor Capital, subject to regulatory approval. Casa4Funds is one of the oldest European independent third-party UCITS Management Companies and Alternative Investment Fund Managers (AIFM), headquartered in Luxembourg. The acquisition will provide additional scale for Link Fund Solutions in Luxembourg, Europe’s largest investment fund centre. It will also provide […]
Acadia to sell UK unit for $1.47 bln
Acadia Healthcare Company Inc said on Wednesday it would sell its UK business operations to Waterland Private Equity for about 1.08 billion pounds ($1.47 billion). The company expects the sale to result in proceeds of about $1.35 billion, it said. ($1 = 0.7357 pounds). Source: Reuters Image Source: National Real Estate Investor
