The debt package to help finance the Atlanta-based packaged concrete manufacturer’s acquisition of Summit Materials is a sign that a long-awaited Wall Street wish could soon come true: the return of big-ticket buyouts
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: QUIKRETE
Mega debt deals return with Quikrete’s $9.2B financing
The debt package to help finance the Atlanta-based packaged concrete manufacturer’s acquisition of Summit Materials is a sign that a long-awaited Wall Street wish could soon come true: the return of big-ticket buyouts.Read here
Rivian snags $6.6B loan to build Georgia factory
The California-based electric vehicle manufacturer has secured conditional commitment for a loan from the Department of Energy, funds that will help restart the construction of a massive plant.Read here
PHOTO: RIVIAN
Peabody lines up $2.1B loan to buy Anglo unit
The Missouri-based private-sector coal giant has obtained a bridge loan from a mix of banks and private credit to back its acquisition of Anglo American’s steelmaking coal business.Read here
PHOTO: PEABODY
$35B merger boon sets big 2024 finish for deals
Dealmakers got their first real taste of a post-US election bump in mergers and acquisitions with billions worth of transactions struck in sectors ranging from banking to building materials.Read here
The Italian banking group is set to deliberate the surprise takeover bid from its peer -- a move that has rattled financial markets and the government in Rome. Read here
Wendel weighs $2.1B sale of chemical maker Stahl
The French investment firm is working with advisers at JPMorgan Chase and Morgan Stanley on the possible sale of the coatings and surface treatments specialist. Read here
Affinity buys two Southeast Asian firms for $1.65B
The Hong Kong-based buyout firm has acquired Indonesian gummy candy company Yupi for $1.2 billion and Malaysian seafood processors Golden Fresh for $450 million. Read here
Advent revives $1.1B sale of medical supplier Mediq
The Boston-headquartered private equity group is considering offloading the Dutch healthcare provider as the firm looks to cash out from the business.Read here