M&A News

On September 15 Best Buy, the largest electronics retailer in the US, announced that it would acquire beleaguered digital music subscription service Napster, at a price of $2.65 per... 2008-09-18

Toronto-based private equity group Onex announced on September 15 that it has agreed to acquire a 50% stake in RSI Home Products. Onex will pay CAD318mn for the cabinet-maker, which... 2008-09-18

Teranet Income Fund received a takeover approach from Borealis Infrastructure Management, part of the Ontario Municipal Employees Retirement System (OMERS), on September 4. This is... 2008-09-18

Almost a month after CFW reported on the planned acquisition of Longs Drug Stores by CVS Caremark, another major US drugstore is trying to muscle its way into the deal. Walgreen made... 2008-09-18

On September 15, US railroad equipment maker Wabtec said that it had signed a definitive agreement to acquire privately held rail equipment supplier Standard Car Truck for around... 2008-09-15

In the latest instance of consolidation in the financial services industry, US hedge fund Fairfield Greenwich Group has announced that it will merge with Swiss private bank Banque... 2008-09-11

On September 8 Canadian wealth management firm Sentry Select confirmed that, in a joint venture with CA Bancorp, it has acquired hedge fund manager Waterfall Investments. The deal... 2008-09-09

Activity in the IT industry continues apace and this time its US firm Red Hat, Microsoft's open-source nemesis that has splashed out, paying US$107mn for Israeli firm Qumranet. Qumranet... 2008-09-09

In the latest cross-border acquisition of a US target, French firm Manitou said on September 8 that it has agreed to buy construction equipment manufacturer Gehl for US$331mn. In... 2008-09-08

Teradyne expanded its reach into the semiconductor testing market on September 2 with its offer to acquire Eagle Test Systems. Teradyne will pay US$15.65 per share, a total of around... 2008-09-04