Pixelle to acquire papers business from Appvion

SPRING GROVE: Pixelle Specialty Solutions LLC has signed a definitive agreement to acquire the carbonless rolls and security papers business of Appvion Operations Inc. The transaction is expected to close in April 2021 and will not include any Appvion production assets. Carbonless rolls formerly manufactured by Appvion will be manufactured… Continue reading

Cable One Inc. to acquire Hargray Communications

PHOENIX: Cable One Inc. has entered into a definitive agreement to acquire the equity interests in Hargray Acquisition Holdings, LLC. The equity interests to be acquired by Cable One represent approximately 85% of Hargray on a fully diluted basis. Cable One has been a minority investor in Hargray since October… Continue reading

Serco to acquire WBB, strengthening presence in high-end consulting services to defense markets

HERNDON: Serco Inc. has entered into a definitive agreement to acquire Whitney, Bradley & Brown, Inc. (WBB) from an affiliate of H.I.G. Capital for $295 million. The acquisition, subject to certain regulatory approvals, is expected to close in the second quarter of 2021. The acquisition would substantially strengthen Serco’s position… Continue reading

No Intention to Acquire Shell Western Desert Assets

LONDON: On 6 March 2020, Pharos Energy plc confirmed that it was in the preliminary stages of evaluating the acquisition, as part of a consortium, of Shell Egypt NV’s (an affiliate of Royal Dutch Shell plc) upstream portfolio in the Western Desert in Egypt. The Board of Pharos evaluates M&A… Continue reading

Northern Bear acquires Lister Holdings (York) Limited

LONDON: Northern Bear announced the acquisition of Lister Holdings (York) Limited and its wholly owned subsidiary J Lister Electrical Limited. J Lister is an electrical contracting business based in York, established in 1973. J Lister has an established customer base and offers significant growth potential, via both organic expansion of… Continue reading

AdaptHealth acquires Patient Care Solutions business from McKesson Corporation

PLYMOUTH MEETING–(BUSINESS WIRE)–AdaptHealth Corp., the third largest provider of home medical equipment (HME) in the United States, has closed the previously announced acquisition of the Patient Care Solutions business from McKesson Corporation and named healthcare industry veteran Rodney Carson as President of the newly-formed AdaptHealth Patient Care Solutions (PCS). The… Continue reading

Straits Ten acquires Purpose-Built Student Accommodation assets in the UK

SINGAPORE: Singapore Press Holdings Limited’s subsidiary, Straits Ten Pte. Ltd., has acquired a portfolio of high quality Purpose-Built Student Accommodation (PBSA) assets in the UK. With this Student Castle portfolio, Singapore Press Holdings (SPH) expands its footprint across seven new UK cities, namely Cambridge, Oxford, Bath, Brighton, Durham, Edinburgh and… Continue reading

Dubai Islamic Bank to acquire Noor Bank

DUBAI: The General Assembly Meeting (GAM) of Dubai Islamic Bank (DIB) has approved the recommended acquisition of Noor Bank. The acquisition cements DIB’s position as one of the world’s largest and most influential Islamic finance institutions, and is expected to enhance Dubai’s position as the capital of Islamic economy by… Continue reading

TRIG acquires interest in Merkur offshore wind farm in Germany

LONDON: The Board of the Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a c.36% equity interest in Merkur Offshore, a 396MW operational offshore wind farm located in the German North Sea. TRIG has partnered for the acquisition with the Dutch pension investor APG, who will acquire the remaining… Continue reading

BidCo to acquire Pioneer Credit for an enterprise value of $288mn

SYDNEY: Pioneer Credit Limited has entered into a Scheme Implementation Agreement with Robin BidCo Pty Ltd and Robin HoldCo Holdings Limited (The Carlyle Group), wherein BidCo will acquire 100% of the fully diluted Pioneer shares outstanding for consideration representing a total value of $1.82 per Pioneer share. Pioneer currently intends… Continue reading