The alternative asset managers have begun talking to investment banks on strategic options including a sale of the Virginia-based financial services company specializing in innovative cash management and deposit solutions. 
View in browser
Cyndx Insights | Logo | EC

THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
    blackstone700-1

    PHOTO: BLACKSTONE

    Blackstone, Warburg weighing $12B sale of fintech IntraFi 

    The alternative asset managers have begun talking to investment banks on strategic options including a sale of the Virginia-based financial services company specializing in innovative cash management and deposit solutions. Read here

      Coach parent Tapestry pulls $8.5B bid for Capri

      The New York-based luxury fashion company is terminating its deal to buy the the Michael Kors owner following a legal hurdle, ending their effort to create a US luxury giant to compete with European players. Read here

      PHOTO: AJAY SURESH

      Coach_Ajay Suresh

      Private-equity owners of Diligent explore $7B sale

      Insight Partners, Blackstone, and Clearlake have started interviewing investment banks as they prepare to launch a sale process for the the corporate-governance software maker early next year. Read here

      PHOTO: ​​DILIGENT

      Diligent

      Instructure’s $4.8B

      take-private completed

      Global investment firms KKR and Dragoneer Investment have finalized their acquisition of the Utah-based provider of education technology including the Canvas learning management platform. Read here

      PHOTO: INSTRUCTURE

      instructure

      DEALS ROUNDUP

      • Family offices flock to $140B market for secondary sales  
      • General Mills acquires Whitebridge Pet Food for $1.45B
      • DE Shaw secures $1B for latest Alkali private credit fund
      • Buffett’s Berkshire buys stakes in Domino’s and Pool Corp
      • Self-driving startup Pony AI seeks up to $224M in US IPO
      • Firefly Aerospace receives $175M in Series D funding
      • Radiant raises $100M Series C for Kaleidos Development Unit
      • Beta Bionics closes $60M Series E for diabetes therapy
      • SwiftConnect secures $37M in Series B for access network 
      • Homethrive gets $20M to grow end-to-end caregiving platform

        INTERNATIONAL MARKETS

        Samsung Electronics plans $7.2B buyback of shares

        The South Korean conglomerate has decided to execute a stock repurchase over a one-year period to boost shareholder value, after shares plunged earlier this week. Read here

        Blackstone eyes stake in Haldiram at $8B valuation 

        The global investment firm has dropped plans to acquire a majority stake in the snacks business of the Indian company, and is now discussing purchase of a 20% share. Read here

        KKR raises offer for Fuji Soft to 1 yen above Bain’s

        The New York-based investment firm increased its price for the Japanese software developer above a rival bid by the Boston buyout firm, winning the board's backing. Read here

          Evotec gets $2.1B takeover interest from Halozyme

          The Nasdaq-listed biotech firm has submitted a non-binding proposal to acquire the German drug discovery and development company for €11 per share. Read here

            Search over 26 million M&A targets in seconds.

            Get Started
            Cyndx-logo-Mark-White

            Join Our LinkedIn Community

            Questions? Please email us at marketing@cyndx.com. 

            Did a friend forward you this email? Subscribe here.

            Cyndx Networks LLC, 525 Okeechobee Blvd. #840, West Palm Beach, Florida 33401

            Unsubscribe Manage preferences