M&A Deal News – August 15, 2019


A merger in media, antitrust busts, a REIT sells two hotels… and more M&A deal news

M&A deal news from around the globe. Each day, we focus on deals in the private equity, real estate, AI and tech, and others impacting the alternative investment space. Here’s our recap for Thursday morning.

  • First, Summer Redstone’s entertainment empire expands thanks to a long-awaited merger between CBS Corp and Viacom. There is speculation that the new company might try to buy Lionsgate Entertainment, Discovery Communications, or another content giant.
  • FTC Chairman Joe Simons said this week that they might move to break up tech firms and undo past mergers. Because of – anti-practice. Govtech reports.
  • Next up, Brookfield Asset Management has purchased Austrian retirement home giant Aveo Group. The deal was worth A$1.27 billion, Reuters reports.
  • BC Partners will purchase IT services company Presidio for $2 billion in cash. The cybersecurity deal matches BC Partners’ growth strategy in the space. Here’s the press release.
  • Meanwhile, KKR is reportedly interested in selling its holdings in scientific measuring and testing firm LGC Group. Bloomberg projects that a sale could fetch $1.2 billion.
  • Oakley Capital Investments announced that Oakley Capital IV will purchase a majority stake in Seven Miles, a German gift voucher and gift card firm. Details of the deal, right here.
  • Finally, on the real estate front, Ashford Hospitality Trust sold its 156-room Courtyard Savannah Downtown in Savannah, GA. It also divested its 128-room Hilton Garden Inn in Wisconsin Dells, WI. All told, the sales price was $37.8 million. Here’s the press release.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News

Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…