Merger & Acquisition News

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Burger King property for $1.6 million. The property is located in a strong retail corridor in Minnesota and franchisee-operated by Dhanani Group under a triple net lease with approximately six years of term...

LAWRENCEVILLE, Ga.--(BUSINESS WIRE)--PDI has acquired Atlanta-based company Guy Gunter Home in alignment with the company’s growth and expansion goals across the Southeast....

CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) today announced that it has closed its previously announced acquisition of Electrical Specialists, Inc., d/b/a The Superior Group (“Superior”), a premier full-service electrical contractor focused on critical infrastructure, in a cash and stock transaction valued at approximately $1.65 billion, subject to customary purchase price adjustments and a potential cash earnout payment based on Superior’s post-closing performance (the “Trans...

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, North American utility and energy infrastructure services company, today announced it has completed the acquisition of J.J. White, Inc., a premier provider of mechanical and electrical construction services across power generation, data centers, and industrial end markets. J.J. White will become part of Centuri’s Riggs Distler operation, expanding core union electric capabilities across the No...

TALLINN, Estonia--(BUSINESS WIRE)--Today, Luminor announces that its shareholders, a consortium of private equity funds managed by Blackstone, and DNB Bank, have agreed to sell their shares in Luminor Holding to OTP Bank. The transaction marks an important milestone in Luminor’s development as a leading pan-Baltic bank and provides a strong platform for its next phase of growth. The acquisition of Luminor by OTP Bank will support Luminor’s strategy to strengthen further its position as a top th...

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it received Court approval for the sale of substantially all of the Company’s assets and ongoing business operations to SNBR Inc., a wholly owned subsidiary of Sleep Country Canada Inc., after making significant improvements to its prior proposal. The sale, which remains subject to customary closing conditions, is expected to close by July 31. Sleep Number’s day-to-day operations are continuing as normal,...

GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney receives regulatory approval to acquire One Florida Bank...

CHICAGO--(BUSINESS WIRE)--Amrize (AMRZ) has entered into an agreement to acquire Rapid Redi-Mix LLC, a fast growing concrete producer in the Dallas-Fort Worth metro area. With a network of modern batch plants and mixer fleet, Rapid Redi-Mix brings significant synergies with Amrize’s aggregates operations and cement network in the region.This acquisition strengthens Amrize’s network in the growing Texas market adding to the recently announced production expansion of its Midlothian cement plant an...

FREMONT, Calif.--(BUSINESS WIRE)--Personalis, Inc. (Nasdaq: PSNL), a leader in advanced genomics for precision oncology, today announced that it has entered into a definitive agreement to be acquired by Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care. The acquisition will expand Tempus capabilities in minimal residual disease (MRD) and enhance its ability to support patients from diagnosis and treatment selection, to...

FARNBOROUGH, England--(BUSINESS WIRE)--Karman Space & Defense Expands into International Market with Agreement to Acquire Glasgow-Headquartered Walker Precision Engineering...