Tag: Acquisition
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Sunoco Completes Cash-and-Stock Deal to Buy Parkland
Sunoco Finalizes Acquisition of Parkland in a Historic Energy Deal Sunoco LP has closed its long-anticipated acquisition of Parkland Corp., a deal that reshapes North America’s energy landscape. Valued at US$9.1 billion including assumed debt at the time of announcement in May, the cash-and-stock transaction represents a significant move for both companies as they align…
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Sunoco completes cash-and-stock deal to buy Parkland
Sunoco completes multi‑billion takeover of Parkland Sunoco LP has finalized its long‑planned acquisition of Parkland Corp., marking a major consolidation in the North American energy and convenience store sector. The deal, valued at US$9.1 billion when announced and inclusive of assumed debt, closes after months of regulatory scrutiny and market anticipation. The completion signals a…
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Goldman Sachs Announces Acquisition of Industry Ventures in $7 Billion VC Push
Goldman Sachs Expands into Venture Capital with Industry Ventures Acquisition Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm managing about $7 billion in assets under supervision. The deal, valued at $665 million in upfront cash and equity with potential additional consideration of up to $300 million based on future…
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Goldman Sachs to Acquire Industry Ventures: VC Expansion
Goldman Sachs to acquire Industry Ventures, signaling a strategic push into venture capital Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm with about $7 billion in assets under supervision. The deal, valued at $665 million in cash and equity plus up to $300 million in potential earnouts tied to…
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Introducing the Quiet Marketing Powerhouse Driving the App
The Hidden Engine Behind Today’s App Store Stardom In a fast-moving mobile market, visibility is everything. While many app developers chase download numbers through traditional ads, a growing number of top-charting apps owe their success to a quieter, more strategic partner: Applift. Emerging from a background in big data and research-driven technology, Applift has quietly…
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Urban Sports Club Sold to Wellhub for $600 Million
Overview of the Acquisition The fitness subscription market has witnessed a significant shift with the recent acquisition of Urban Sports Club by Wellhub for $600 million. This strategic move marks a pivotal moment for the Berlin-based start-up, known for its innovative approach to fitness memberships. What is Urban Sports Club? Urban Sports Club has made…
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Wellhub Acquires Urban Sports Club for $500 Million
Wellhub Acquires Urban Sports Club for $500 Million The fitness subscription service Urban Sports Club has found a new owner. In a significant move for the fitness industry, the US-based platform Wellhub has purchased the Berlin-based start-up for $500 million. This acquisition reflects a growing trend of consolidation within the fitness sector and aims to…
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Monte dei Paschi Takes Control of Mediobanca
Monte dei Paschi’s Remarkable Achievement In a landmark move for its corporate strategy, Monte dei Paschi di Siena (MPS) has successfully gained control of Mediobanca, securing a significant 62.3% of its capital. This achievement marks a pivotal moment in the bank’s recent history, showcasing its commitment to strengthening its market position and enhancing shareholder value.…
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Monte dei Paschi’s Historic Acquisition of Mediobanca
Monte dei Paschi’s Landmark Move Monte dei Paschi di Siena (MPS) has achieved a significant milestone in its recent history by successfully acquiring control of Mediobanca. This strategic move marks a new chapter in Italian banking and solidifies MPS’s position in the financial sector. Details of the Acquisition The public offer of acquisition and exchange…
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Crucial Acquisition: Pimi Fund to Buy Landa Digital Printing
Overview of the Acquisition In a significant development for the printing industry, the Central District Court judge, Hana Kitzis, has approved the acquisition of Landa Digital Printing by the Pimi investment fund. This acquisition comes as part of a debt restructuring plan for Landa, which has amassed debts totaling 1.7 billion shekels. The decision, made…