Mergers and Acquisitions News

Glass Lewis Recommends Inter Pipeline Shareholders Vote Against Pembina Transaction
United States >> 7/23/2021 - - Brookfield Infrastructure agrees with the recommendation from another leading independent proxy advisor, Glass Lewis, that Inter Pipeline Ltd. (“IPL”) shareholders vote AGAINST IPL’s proposed transa...
Cathedral & Precision Announce Business Transaction, Strategic Alliance
Canada >> 7/23/2021 - Cathedral Energy Services Ltd. and Precision Drilling Corporation are pleased to announce the closing of Cathedral’s acquisition of Precision’s directional drilling business (the “Transaction”) for a ...
BP Acquires AI-driven Energy Optimization Business Open Energi
United Kingdom >> 7/22/2021 - - Open Energi’s technology optimises the energy use of low-carbon assets, from battery storage to hydrogen electrolysers and solar farms, helping to create cost savings
- Its platform connects a...
Santos Confirms Oil Search Merger Proposal
Australia >> 7/20/2021 - Santos refers to the Oil Search ASX release this morning and ongoing speculation regarding a possible merger of Oil Search and Santos. In light of this, and in order to keep the market fully informed,...
Brookfield Agrees with ISS’ Recommendation to Vote Against Pembina Transaction
United States >> 7/19/2021 - - Brookfield Infrastructure agrees with the recommendation from leading independent proxy advisor, Institutional Shareholder Services (“ISS”), that Inter Pipeline Ltd. (“IPL”) Shareholders vote AGAINS...
Brookfield Completes Sale of North American District Energy Business for $4.1B
United States >> 7/16/2021 - Brookfield Infrastructure has completed the sale of 100% of its North American district energy business, Enwave. The business has been divested through two separate transactions for total consideratio...
Kinder Morgan to Purchase Renewable Natural Gas Developer Kinetrex Energy
United States >> 7/16/2021 - Kinder Morgan, Inc. (KMI) announced it has agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity. Kinetrex is the leading supplier of liquefied natural gas (LNG) ...
Integrated Wind Solutions Acquires Danish Offshore Wind Consultancy
Germany >> 7/15/2021 - Integrated Wind Solutions AS (IWS) aims to be a leading offshore wind service player by integrating service operation vessels with engineering, product and manpower services in a windfarm’s installati...
Brookfield to Purchase Inter Pipeline Ltd. for $21.23 per Share in Cash
United States >> 7/15/2021 - Offer Highlights
- Increased Offer provides superior value to Inter Pipeline Ltd. (“IPL”) shareholders, representing a premium of C$1.53 or 8%, on a prorated basis,versusthe proposed transaction...
EQT Infrastructure to Acquire Waste-to-energy Provider Covanta for $5.3B
Sweden >> 7/14/2021 - EQT Infrastructure has agreed to acquire Covanta Holding Corporation, an owner and operator of Waste-to-Energy (“WtE”) facilities in North America. Under the terms of the agreement, which was unanimou...
Superior Plus Announces $240M Acquisition of Kamps Propane
United States >> 7/14/2021 - Superior Plus Corp. (“Superior”) (SPB) is pleased to announce that one of its wholly-owned subsidiaries has entered into an agreement to acquire the equity interests of Kamps Propane, Inc., High Count...
Brookfield Files 3rd Notice of Variation & Extension to Purchase Inter Pipeline Ltd
United States >> 7/13/2021 - Brookfield Infrastructure Partners L.P. , together with its institutional partners (collectively, “Brookfield Infrastructure”) has filed a third notice of variation and extension (the "Third Notice of...
Emerson to Sell Daniel Measurement & Control Business to Turnspire Capital
United States >> 7/12/2021 - Emerson (EMR) announced an agreement to sell its Daniel Measurement and Control Business to Turnspire Capital Partners. Daniel’s ultrasonic flowmeter and fiscal transfer system businesses are not incl...
Update on Proposed Transaction with Midwestern Oil and Gas Company
Nigeria >> 7/12/2021 - Further to the Company's announcements made on 24 June 2021 and 7 July 2021, San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to ann...
NEO Energy Completes Zennor Petroleum Acquisition
United Kingdom >> 7/12/2021 - NEO Energy, the independent full-cycle North Sea operator in the UK Continental Shelf backed by HitecVision, has announced the completion of its acquisition of independent oil and gas company Zennor P...
Penn Virginia Announces Agreement to Acquire Lonestar Resources
United States >> 7/12/2021 - Penn Virginia Corporation and Lonestar Resources US Inc. have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction. Under the terms of...
President Energy Announces Northern European Green Hydrogen Co Acquisition
United Kingdom >> 7/9/2021 - President Energy (PPC), the energy company with a diverse portfolio of production and exploration assets, announces a further significant new development with regards to Atome, the Company's hydrogen ...
Crestwood & Con Edison Announce Closing of Stagecoach Gas Services Divestiture
United States >> 7/9/2021 - Crestwood Equity Partners LP (CEQP) (“Crestwood”) and Consolidated Edison, Inc. (ED) (“Con Edison”) announced the successful divestiture of the subsidiaries of Stagecoach Gas Services LLC (“Stagecoach...
Subsea 7 Agrees to Combine Its Renewables Business Unit with OHT
Subsea 7 Agrees to Combine Its Renewables Business Unit with OHT United Kingdom >> 7/8/2021 - Subsea 7 S.A. announced an agreement to combine its Renewables business unit with OHT ASA (OHT), subject to the customary approvals, conditions and relevant employee consultations. The combined compan...
GC Rieber Shipping Sells Shares in Shearwater Geoservices
Norway >> 7/8/2021 - Geoservices Holding AS (Shearwater) reducing its ownership from 17.0% to 8.5%. Gross proceeds from the sale will be USD 50.5 million. The sold shares had book value of USD 41.6 million per 31 March ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.