Acquisition

Business News: Leggett & Platt To Acquire Elite Comfort Solutions For $1.25 Billion

– Combined company will be leading provider of differentiated products for the bedding industry – Significantly expands presence in growing specialty foam and hybrid boxed bed market segment – Opportunity to leverage Elite Comfort Solutions’ substantial and proprietary R&D capabilities and technologies – ECS Fiscal Year 2018 sales of $611 million; EBITDA margins accretive to … Continue reading Business News: Leggett & Platt To Acquire Elite Comfort Solutions For $1.25 Billion

Business News: Stifel Europe to Acquire Germany’s MainFirst

London – Stifel Nicolaus Europe Limited (“Stifel Europe”), a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), today announced that it has agreed to combine with MainFirst, an independent European investment bank offering equity brokerage and equity capital markets services to institutions and corporations in key European markets.  As a consequence, Stifel Europe is acquiring MainFirst Bank … Continue reading Business News: Stifel Europe to Acquire Germany’s MainFirst

Business News: Stifel to Acquire First Empire

ST LOUIS, MO – Stifel Financial Corp. (NYSE: SF) yesterday announced an agreement to acquire First Empire Holding Corp. and its subsidiaries, including First Empire Securities, Inc., an institutional broker-dealer specializing in the fixed income markets.  Terms of the transaction were not disclosed. Based in Hauppauge, New York, First Empire provides a full range of fixed income products … Continue reading Business News: Stifel to Acquire First Empire

Business News: Caleres Announced Acquisition of Vionic

ST. LOUIS, MO – Caleres (NYSE: CAL) a diverse portfolio of global footwear brands, October 18, 2019, announced it has acquired Vionic Group for $360 million, subject to certain adjustments.  The acquisition of Vionic allows Caleres to continue to expand its Brand Portfolio and gives it additional access to the growing contemporary comfort footwear category. … Continue reading Business News: Caleres Announced Acquisition of Vionic

LONDON | Coca-Cola to buy Costa coffee chain for $5.1 billion

LONDON — Coca-Cola is to plug a gap in its portfolio with the acquisition of the Costa coffee brand from British firm Whitbread for 3.9 billion pounds ($5.1 billion) in cash. The deal represents a big return to Whitbread, which bought Costa in 1995 for 19 million pounds. Since then, Costa has grown from just … Continue reading LONDON | Coca-Cola to buy Costa coffee chain for $5.1 billion

DUBAI, United Arab Emirates | Saudi Arabia says it ‘remains committed’ to Aramco IPO

DUBAI, United Arab Emirates  — Saudi Arabia says it “remains committed” to an initial public offering of the state-run oil behemoth Saudi Aramco despite delays and growing speculation it may never be listed. Saudi Energy Minister Khalid al-Falih issued a statement early Thursday saying “timing will depend on multiple factors, including favorable market conditions, and … Continue reading DUBAI, United Arab Emirates | Saudi Arabia says it ‘remains committed’ to Aramco IPO

NEW YORK | Nod for Disney’s $73.1B acquisition of Fox entertainment

NEW YORK — Disney’s $71.3 billion acquisition of Twenty-First Century Fox’s entertainment division is one step closer after shareholders approves the deal Friday. The tie-up brings together Marvel’s X-Men and Avengers franchises and creates an entertainment behemoth in the digital streaming era. The shareholder vote caps a saga that began in December 2017, when Disney … Continue reading NEW YORK | Nod for Disney’s $73.1B acquisition of Fox entertainment

MBK Senior Living Completes Largest Acquisition in Company History

IRVINE, Calif./ July 6, 2018 (STL.News) — MBK Senior Living (MSL) announces the close of escrow on nine new senior living communities located in California, Washington and Arizona. This acquisition marks the company’s largest single purchase and expands the portfolio to 34 owned and managed communities located throughout the Western United States. Acquired for $382 … Continue reading MBK Senior Living Completes Largest Acquisition in Company History