Acuren Corporation, formerly known as Admiral Acquisition Limited, has successfully acquired ASP Acuren Holdings, Inc. in a landmark deal valued at approximately $1.85 billion. This major acquisition positions Acuren Corporation as a dominant player in the asset integrity services market and signals a new chapter for the company under its new name. Key Details of […]
Northern Oil and Gas, Inc. (NYSE: NOG) and Vital Energy, Inc. (NYSE: VTLE) have unveiled a joint acquisition of Point Energy Partners, LLC’s assets for $1.1 billion. This deal marks a significant expansion in both companies’ operational scope within the Delaware Basin, promising to enhance their portfolio with high-value development inventory. Major acquisition amplifies Delaware […]
In a significant development in the healthcare sector, Astrana Health, Inc. (NASDAQ: ASTH), a leading technology-powered healthcare provider, has announced a definitive agreement to acquire Collaborative Health Systems (CHS). This acquisition, involving CHS—an entity of Centene Corporation (NYSE: CNC), a prominent healthcare enterprise—is poised to enhance Astrana’s ability to deliver high-quality, value-based care across the […]
Casey’s General Stores, Inc., a leading convenience store chain in the United States, has announced a major acquisition, agreeing to purchase Fikes Wholesale, Inc. for $1.145 billion in an all-cash deal. The purchase price, which includes tax benefits valued at approximately $165 million, results in a net after-tax cost of $980 million. This strategic move […]
American Industrial Partners has announced a significant acquisition, taking over the Grain & Protein division of AGCO Corporation. This strategic move marks a pivotal moment for both companies, highlighting American Industrial Partners’ expanding footprint in the industrial sector and AGCO Corporation’s ongoing efforts to streamline its focus. A Strategic Acquisition for Growth and Efficiency The […]
In a landmark development for medical technology, GE HealthCare and Amazon Web Services, Inc. (AWS) have unveiled a strategic partnership aimed at revolutionizing healthcare through advanced artificial intelligence (AI) solutions. The collaboration, announced recently, will see GE HealthCare leverage AWS’s cloud services and generative AI capabilities to enhance diagnostic accuracy, streamline healthcare operations, and improve […]
ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. have announced a significant merger, set to create Michigan’s third-largest publicly traded bank. The all-stock transaction, valued at approximately $180.4 million, is expected to close in the first quarter of 2025. Major merger transforms Michigan banking landscape In a landmark deal for Michigan’s financial sector, ChoiceOne Financial […]
Third Coast Bancshares, Inc. (NASDAQ: TCBX), the parent company of Third Coast Bank, has announced the successful conversion of its charter from a Texas state savings bank to a Texas banking association, effective March 13, 2024. This move aims to expand the Bank’s commercial loan portfolio while maintaining its comprehensive range of business and personal […]
DoorDash acquisition of Caviar : DoorDash, a San Francisco-based on-demand food delivery service, has agreed to acquire food ordering platform Caviar from mobile payment company Square for $410 million in a cash-cum-stock deal. Founded in 2012, Caviar was acquired by Square about two years later. The food ordering platform, which operates in hundreds of cities in […]