Marketo Inc (MKTO.O), a maker of cloud-based marketing software, said on Tuesday it agreed to be bought by private equity firm Vista Equity Partners, in a cash deal valued at about $1.79 bln.
Swedish buyout house EQT has sold its medical devices business Atos Medical to private equity firm PAI Europe, it said on Monday, with sources valuing the deal at about 850 million euros ($946 million), Reuters News reported.
Great Plains Energy Inc (GXP.N), the parent of regulated power utility Kansas City Power & Light, will buy rival Westar Energy Inc (WR.N) for $8.6 billion in cash and stock as it looks to gain scale to better compete in a challenging market, Reuters News reported.
Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers, Reuters News reported.
US Foods Holding Corp (USFD.N), a U.S. private equity-owned food distributor, raised $1.02 billion on Wednesday in this year’s second-largest U.S. initial public offering thus far, as new stock market flotations pick up pace, Reuters News reported.
AT&T Inc (T.N), the No. 2 U.S. wireless carrier, has made a bid for Yahoo Inc’s (YHOO.O) internet business, Bloomberg reported on Wednesday, Reuters News reported.
Acushnet Company, the owner of golf brands including Titleist and Footjoy, is preparing to register with U.S. regulators as early as June for an initial public offering that could value it at more than $2 billion, Reuters News reported.
Monsanto Co, the world’s largest seed company, turned down Bayer AG‘s $62 billion acquisition bid as “incomplete and financially inadequate” on Tuesday, but said it was open to engage further in negotiations, Reuters News reported.
Billionaire investor Peter Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes.
Video conferencing equipment maker Polycom Inc said on Monday it received a revised proposal from a private equity firm that could be “superior” to Mitel Networks Corp‘s offer, Reuters News reported.
Anglo-South African financial services company Old Mutual (OML.L) on Tuesday confirmed it had received multiple approaches from potential buyers of its stake in U.S. fund firm Old Mutual Asset Management (OMAM), Reuters News reported.
Tribune Publishing Co (TPUB.N), the owner of the Los Angeles Times and the Chicago Tribune, said billionaire Patrick Soon-Shiong invested $70.5 million in the company, becoming its second largest shareholder, Reuters News reported.
Unilever NV (UNc.AS), Henkel & Co KgaA AG (HNKG_p.DE), L’Oréal SA (OREP.PA) and other companies have submitted first-round bids in the auction for OGX shampoo maker Vogue International LLC, Reuters News reported.
Ares Capital Corp (ARCC.O), an investment company focused on mid-sized firms, is buying smaller rival American Capital Ltd (ACAS.O) in a cash-and-stock deal valued at $3.4 billion to better fill the credit gap created as big banks turn cautious, Reuters News reported.
Tribune Publishing Co (TPUB.N) has decided to reject Gannett Co Inc‘s (GCI.N) latest $864 million takeover proposal, but will agree to share confidential information with the U.S. newspaper company, Reuters News reported.
German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying criticism from some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry, Reuters News reported.
Canada Pension Plan Investment Board‘s (CPPIB) Chief Executive Mark Wiseman will step down to take up a role with BlackRock Inc, the world’s biggest asset manager, Reuters reported. Wiseman, who has transformed the Toronto-based pension fund into one of the world’s most active deal-makers over the past four years, is set to step down next month. He will be replaced by Mark Machin, who heads CPPIB’s international operations.
Buyout firm Onex Corp (OCX.TO) has revived an auction for Carestream Health that could value it at more than $3 billion, including debt, and is exploring a breakup of the U.S. medical imaging company, sources told Reuters News.