Alden Global Capital’s move continues the financial industry’s acquisition of major newspaper chains. The Baltimore Sun, a Tribune paper, will be sold to a Maryland hotel executive.
Press release content from Business Wire. The AP news staff was not involved in its creation.
KKR to Acquire Flow Control Group from Bertram Capital
February 17, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 17, 2021
KKR, a leading global investment firm, today announced it has entered into an agreement to acquire Flow Control Group, a leading distributor of mission-critical flow control and industrial automation products, from Bertram Capital.
Headquartered in Charlotte, North Carolina, Flow Control Group serves as a trusted, value-added distributor and advisor to more than 10,000 customers and 2,000 suppliers in North America for technical flow control and industrial automation products and related services. Customers rely on Flow Control Group for their engineering expertise, technical support, and service capabilities for high value products including air equipment, pumps, valves, process control, and industrial automation, amongst other product categories.
U.S. pipeline operator Energy Transfer (
ET) - Get Report agreed to buy rival Enable Midstream Partners (
The deal value is about $7.2 billion including debt.
Under the terms Enable holders would receive about 0.86 Energy Transfer share for each of their units.
Energy Transfer shares closed on Tuesday at $6.96. Based on that close, 0.86 share would be valued at $5.99. Enable Midstream shares at last check were down 7.7% at $6.01.
Energy Transfer shares on Wednesday were trading off 1.4% at $6.86.
Additionally, each Enable Series A preferred share would be swapped for 0.027 Series G preferred unit of Energy Transfer.
And the transaction includes a $10 million cash payment to Enable s general partner.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
LexisNexis® Risk Solutions and Accuity Merge Operations to Create One of the Largest Global Providers of Financial Crime Compliance Solutions
February 17, 2021 GMT
LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)
ATLANTA, Feb. 17, 2021 /PRNewswire/ Accuity and LexisNexis Risk Solutions announced they are merging operations. Both businesses are RELX companies and leaders in their respective focus areas in the global financial crime compliance sector with complementary solutions. Accuity is part of the LexisNexis Risk Solutions group of companies (LexisNexis Risk Solutions Group). The companies operate in more than 100 countries.