Benzinga's Weekend M&A Chatter

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday July 17 through Sunday July 19, 2015:
Thoma Bravo in Talks With Bankers on NCR Bid, According to SourcesThe Rumor
:

Private Equity firm Thoma Bravo has been discussing a potential bid with some of its investors for NCR Corp
NCR
, according to sources as reported by
Reuters
. An offer for NCR could value the manufacturer of ATM's at approximately $9 billion. Marcato Capital Management, which has a seat on NCR's board, has been calling for the company to explore strategic alternatives and now holds a seat on its board of directors. Barry Rosenstein's Jana Partners owns a 7% passive stake in NCR. Additionally, Blackstone Group LP
BX
and Carlyle Group LP
CG
had reportedly formed a consortium, in an attempt to acquire NCR. NCR shares rose more than 2.5% Friday, closing at $30.26.
CF Industries Talks to Acquire OCI NVThe Rumor
:

CF Industries Holdings Inc.
CF
is in advanced merger talks with Holland's OCI NV
OCINF
, according to sources reported by the
Wall Street Journal
Loading...
Loading...
. The terms of a potential deal between the fertilizer companies are not known. On July 1, CF announced it was acquiring from Yara International, its 50% stake in GrowHow UK for $580 million. CF Industries shares rose almost 10% Friday, closing at $68.92.
Valeant Pharmaceuticals to Acquire Amoun Pharmaceutical for ~$800MThe Deal
:

Valeant Pharmaceuticals International, Inc.
VRX
announced Friday, that it has entered into a definitive agreement to acquire Amoun Pharmaceutical holding company Mercury (Cayman) Holdings for approximately $800 million, plus contingent payments. The companies expect the deal to close in Q3 of 2015. Valeant shares closed Friday at $236.10, a loss of 1%.
Lockheed Martin to Acquire United Technologies' Sikorsky Aircraft Unit for $8B+The Rumor
:

Lockheed Martin Corp
LMT
has agreed to acquire United Technologies Corp's
UTX
Sikorsky Aircraft unit for more than $8 billion, according to sources as reported by
Reuters
on Sunday. Reuters had reported on July 8 that Lockheed and Textron Inc.
TXT
were the two finalists for the unit. The deal is exptected to be announced on Monday. Both Lockheed and UTX are scheduled to report earnings on Tuesday. Lockheed Martin shares closed Friday at $201.18, a loss of $0.44
Loading...
Loading...
Posted In: NewsRumorsM&AMoversAerospace & DefenseIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...