STAMFORD, Conn., Sept. 25 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators”) today announced the expiration of the 30-day “go-shop” period provided for under the terms of the previously announced definitive merger agreement (the “Merger Agreement”), pursuant to which Navigators will be acquired by The Hartford Financial Services Group, Inc. Under the terms of [...]
NEW YORK, Sept. 20 (Korea Bizwire) — In a further move towards strengthening its lead in the fragmented and expanding business aviation market, Vista Global, the aviation group founded by Thomas Flohr, announces the acquisition of XOJET’s business aviation fleet and commercial operations. XOJET’s regulated air carrier will continue to be independently operated in a [...]
STAMFORD, Conn., Aug. 22 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) today announced that it has entered into a definitive agreement to be acquired by The Hartford Financial Services Group, Inc. (NYSE: HIG) in an all-cash transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive [...]
BALTIMORE, Aug. 15 (Korea Bizwire) — WillScot Corporation (Nasdaq: WSC) (“Williams Scotsman”), the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today announced that it has completed its acquisition of Modular Space Holdings, Inc. (“ModSpace”) for a total purchase price of approximately $1.2 billion. With the addition of [...]
SANTA CLARA, Calif., Jul. 24 (Korea Bizwire) — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today announced its intent to acquire REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces. Founded in [...]
AUSTIN, Texas, Jul. 10 (Korea Bizwire) — SolarWinds, a leading provider of powerful and affordable IT management software, today announced that it has acquired Trusted Metrics, a provider of real-time threat monitoring and management software. The acquisition extends SolarWinds’ IT management portfolio to include security monitoring and is an important advance in SolarWinds’ mission to provide [...]
TORONTO and PARIS, Jul. 3 (Korea Bizwire) — Altus Group Limited (“Altus Group” or “the Company”) (TSX:AIF), a leading provider of commercial real estate services, software and data solutions to the global commercial real estate industry, announced today that it has acquired Taliance Group (“Taliance”) for €20.0 million (approximately C$31.0 million). Taliance is a best-in-class [...]
LAS VEGAS, Jul. 2(Korea Bizwire) — NRT Technologies Inc. (“NRT”), has acquired the gaming ATM assets of U.S. Bank National Association (“USB”). Fifth Third Bank acted as NRT’s lead arranger of a bank syndicate that includes Capital One, CIBC, and Umpqua Bank, for financing of the transaction. Terms of the agreement are not disclosed. NRT [...]
MANILA, Philippines, Jun. 11 (Korea Bizwire) — SPi Global, the market-leading content technology and content solutions enterprise that provides data services and subject matter expertise (SME) to multiple industries, today announced it has completed the transaction for the acquisition of Scope e-Knowledge Center, a leading provider of specialized knowledge services for publishers and information providers. Scope [...]
SEOUL, Jun. 8 (Korea Bizwire) — CJ Logistics Corp. said Friday it has agreed to buy a U.S. logistics company for 231.4 billion won (US$216 million) in its latest drive to expand its presence in the North American market. The South Korean firm signed the deal to purchase a 90 percent stake in DSC Logistics, [...]