Activist hedge fund stands to make about $150mn in profit from deal
Source
Author: unknown
Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover [buyout/ takeover]
Related Posts
Hubbell Bolsters Electrical Portfolio with $3 Billion Acquisition of NSI Industries
TL;DR Hubbell Incorporated announced a $3.0 billion all-cash agreement to acquire NSI Industries from Sentinel Capital Partners on May 4, 2026. The purchase price reflects a valuation of 15.5x...
Retail’s Flight of Fancy: The Strategic Implausibility of a Crowdsourced Spirit Airlines Buyout
In the wake of Spirit Airlines ceasing operations on May 2, 2026, a grassroots movement dubbed "Spirit 2.0" has emerged, capturing the imagination of retail investors and the scrutiny of Wall...
ABB Signals Multi-Billion Dollar M&A Blitz Following Strategic Divestitures
TL;DR Swiss industrial giant ABB is signaling a shift to multi-billion dollar acquisitions, funded by the $5.4 billion divestiture of its robotics division to SoftBank. Chairman Peter Voser...
Cintas Clinches UniFirst for $5.5 Billion, Forging Unprecedented Scale in North American Business Services
TL;DR Cintas Corporation announced its definitive agreement to acquire UniFirst Corporation on March 11, 2026, for an enterprise value of approximately $5.5 billion. The consideration consists of...