Latest Mergers and acquisitions News

CNH Industrial acquires driverless ag vehicle company

Jun. 21, 2021 11:52 AM EDT

SIOUX FALLS, S.D. (AP) — CNH Industrial expects its $2.1 billion purchase of a South Dakota company will give it an edge in innovating autonomous technology in agriculture vehicles, the global manufacturer said Monday. The Italian-American agriculture vehicle...

DOJ sues to block AON's $30B acquisition of Willis Towers

Jun. 16, 2021 18:41 PM EDT

WASHINGTON (AP) — The Biden administration has sued to block the merger of two of the world's largest insurance brokers, asserting the deal could eliminate competition, raise prices and hamper innovation for U.S. businesses, employers and unions that use the companies' services. ...

Official: Global energy firm must be party to utility merger

Jun. 10, 2021 12:47 PM EDT

SANTA FE, N.M. (AP) — A ruling this week by an official with the New Mexico Public Regulation Commission locks a third company into a merger proposal that could profoundly affect how electricity is handled in the state. The official, commission hearing examiner Ashley...

Clarification: Medline Acquisition story

Jun. 08, 2021 13:41 PM EDT

BOSTON (AP) — In a story published June 5, 2021, The Associated Press cited a Medline release to report that following its acquisition by a consortium of private-equity firms, the medical supply and equipment company would continue to be led by the family of Medline CEO Charlie Mills. The...

Foundation to spend $1.3B to vaccinate Africans for COVID

Jun. 08, 2021 09:36 AM EDT

One of the world's largest foundations will spend $1.3 billion over the next three years to acquire and deliver COVID-19 vaccines for more than 50 million people in Africa. It’s a first-of-its-kind effort for a Western nonprofit to bolster Africa’s lagging vaccination campaign amid...

Acorns' stock to take root after investing app OKs merger

May. 27, 2021 11:10 AM EDT

NEW YORK (AP) — Acorns Grow, whose app encourages people to save and invest with subscriptions for as little as $1 per month, plans to soon have its own stock trading on the Nasdaq. The financial technology company said Thursday that it will combine with Pioneer Merger,...

Alden puts its stamp on Tribune with new debt and leadership

May. 26, 2021 17:22 PM EDT

Hedge fund Alden Global Capital closed its deal for Tribune on Monday. It wasted little time installing new leadership and saddling the newspaper chain with $278 million in debt it took on for the acquisition, according to regulatory filings. Alden, which owns the...

Amazon to buy MGM, studio behind James Bond and 'Shark Tank'

May. 26, 2021 17:04 PM EDT

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.45 billion for MGM, making...

Boat builder buying NC company, seeks to create 500 new jobs

May. 20, 2021 15:26 PM EDT

NEW BERN, N.C. (AP) — The world's largest fishing and recreational boat builder on Thursday announced its acquisition of North Carolina-based Hatteras Yachts, with plans to upgrade Hatteras operations in New Bern as White River Marine Group seeks to boost saltwater vessel sales. ...

Oprah and CNN: AT&T is merging media business with Discovery

May. 17, 2021 16:49 PM EDT

NEW YORK (AP) — The merger of Discovery and AT&T's WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is another illustration of the head-spinning speed in which streaming has transformed the media world. The companies are...