Texas State Bankshares, Inc., the parent company of Texas Regional Bank (TRB), has finalized its acquisition of Dallas-based investment banking firm Estrada Hinojosa & Company, Inc. The deal will see Estrada Hinojosa operate under the newly branded TRB Capital Markets, LLC, marking a significant expansion for TRB. This acquisition brings over 50 new employees to […]
Mallinckrodt plc, a prominent global specialty pharmaceutical firm, has announced a major deal with CVC Capital Partners, one of the world’s leading investment firms. Under the newly signed definitive agreement, CVC Capital Partners Fund IX will acquire Mallinckrodt’s Therakos business for approximately $925 million, subject to customary adjustments. The sale marks a significant move for […]
In a significant financial milestone, Jupiter Wagons Limited (JWL), a leader in comprehensive mobility solutions encompassing rail, road, and marine transportation, has successfully completed its Qualified Institutional Placement (QIP), raising a robust INR 800 Crores. The placement attracted overwhelming interest, with total bids amounting to approximately INR 2,800 Crores, underscoring a demand 3.5 times the […]
Marico Limited, a frontrunner in India’s FMCG sector, and Kaya Limited, a leader in dermatological solutions, have announced a strategic collaboration aimed at expanding the reach of Kaya’s science-based personal care products beyond its clinics. This partnership will see Marico exclusively handling sales and marketing for Kaya’s extensive product range, which includes over 75 items […]
Cal-Maine Foods, Inc., a leader in the egg production industry, has officially completed its acquisition of substantially all the assets of ISE America, Inc. and certain affiliates for approximately $110 million. This strategic purchase, funded entirely through available cash on hand, includes a variety of assets crucial to expanding Cal-Maine’s operational capacity and market reach, […]
Apollo Pipes Limited has announced a strategic move that underscores its growing influence in the pipes and fittings industry in India. By acquiring a majority controlling stake in Kisan Mouldings Limited (“KML”), Apollo not only secures its leadership in the sector but also demonstrates its commitment to expanding its product range and market reach. The […]
In a landmark move within the telecommunications sector, Swisscom has finalized binding agreements to acquire 100% of Vodafone Italia from Vodafone Group Plc for an impressive EUR 8 billion, executed on a debt and cash-free basis. This acquisition, primarily cash-based and fully financed through debt, marks a pivotal step for Swisscom, aiming to merge Vodafone […]
In a significant move within the electrical and communications distribution industry, Graybar, a prominent distributor of electrical, communications, and data networking products, has announced its acquisition of Blazer Electric Supply Co. This strategic acquisition, set to take effect on March 1, 2024, marks a pivotal step for both companies, aiming to enhance their service offerings […]