Mergers & Acquisitions

Mars To Buy Heska For $1.3 Billion: Details

By Annie Baker ● Apr 4, 2023

Mars, Incorporated and Heska Corporation announced this week that they have entered into a definitive agreement under which Mars will acquire Heska, a global provider of advanced veterinary diagnostic and specialty products for $120 per share.

Endeavor To Merge UFC And WWE As Part Of $21 Billion Deal: Details

By Amit Chowdhry ● Apr 4, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR) and World Wrestling Entertainment, Inc. (NYSE: WWE) announced that they have signed a definitive agreement to form a new publicly listed company consisting of two iconic complementary, global sports and entertainment brands: UFC and WWE. And upon the close, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.

Ovintiv Buying Core Midland Basin Assets For $4.275 Billion

By Amit Chowdhry ● Apr 4, 2023

Ovintiv announced it has entered into a definitive purchase agreement to acquire substantially all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy, and Piedra Resources (NMB sellers), which are portfolio companies of funds managed by EnCap Investments L.P. in a cash and stock transaction valued at approximately $4.275 billion.

nVent Electric Buying ECM Investors For $1.1 billion

By Annie Baker ● Apr 3, 2023

nVent Electric has entered into a definitive agreement to buy ECM Investors, LLC, the parent of ECM Industries, LLC, for a purchase price of $1.1 billion, subject to customary adjustments. ECM Industries is a leading provider of high-value electrical connectors, tools and test instruments, and cable management.