CommScope acquires TE Connectivity unit for $3 Billion

CommScope acquires TE Connectivity unit for $3 Billion

Telecommunications equipment maker CommScope agrees to buy TE Connetivity unit for $3 Billion in cash deal.  Commscope shares increased about 9 percent on Wednesday trading, totalling market capitalization of $5.2 Billion. TE Connectivity shares rose 7 percent, for market cap $ 28.1 Billion.  “Any time you want to talk or communicate,” Marvin S. Edwards Jr.,…

Read More...

Post Holdings Acquires MOM Brands for $ 1.15 Billion

Post Holdings Acquires MOM Brands for $ 1.15 Billion

Post Holdings Inc.,  a packaged goods holding company, announced on Monday to acquire family-owned maker of hot and cold cereals MOM Brands, previously known Malt-O-Meal, for $ 1.15 Billion.  Since spin off from Ralcorp in 2012, Post is looking for opportunities in other business as peanut butter or pasta, from reasons to decreased its dependence…

Read More...

AT&T acquires Nextel Mexico for $1.9 Billion

AT&T acquires Nextel Mexico for $1.9 Billion

AT&T announced on Monday agrees to buy Nextel Mexico for $1.9 Billion. Its another acquisition after purchase big wireless provider Iusacell by AT&T for $ 2.5 Billion in November.  International expansion is one of main priorities by AT&T, when was bought DirecTV by communications giant for $ 48.5 Billion.  “The transaction with AT&T ensures that…

Read More...

Royal Bank of Canada to Buy City National for $ 5.4 Billion

Royal Bank of Canada to Buy City National for $ 5.4 Billion

Royal Bank of Canada acquires City National for 5.4 Billion. City National is a wealth management company and lender serves high net worth individuals and businesses. RBC, based in Toronto, has about 8 000 offices around the U.S. with 78 000 employees.  After close the deal, which is expected in the fourth quarter, City National…

Read More...

AmerisourceBergen acquires MWI Veterinary Supply

AmerisourceBergen acquires MWI Veterinary Supply

Drug disributor AmericsourceBergen Corporation agreed to acquire MWI Veterinary Supply for about $2.5 Billion in cash deal.  The company would pay $190 for each MWI share. It’s about 8 percent premium over the Friday closing price.  “MWI is the premier supply chain company in animal health, with leading positions in both the companion and production…

Read More...