Tag: Acquisition
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Philips Expands Cardiovascular Imaging Leadership with SpectraWAVE Acquisition
Philips to Acquire SpectraWAVE, Accelerating Innovation in Cardiovascular Imaging Royal Philips (NYSE: PHG, AEX: PHIA) announced today that it has entered into an agreement to acquire SpectraWAVE, Inc., a pioneering developer of Enhanced Vascular Imaging (EVI) for coronary arteries. The deal underscores Philips’s strategy to strengthen its cardiovascular imaging portfolio with advanced, non-invasive technologies that…
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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…