Merger and Acquisition
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Kimberly-Clark’s $50 billion leap into health and beauty tests investor faith
Yahoo Finance· 2025-11-04 05:43
By Jessica DiNapoli and Abigail Summerville NEW YORK (Reuters) -Kimberly-Clark's nearly $50 billion offer for Tylenol maker Kenvue is a risky bet that the world's biggest consumer market, the United States, will keep growing even as lower-income shoppers trim their budgets, according to analysts. The cash-and-stock deal, announced earlier on Monday, is set to close late next year. It brings the maker of Kleenex tissues and Huggies diapers into a slew of new categories like skin care and pain relief that ...
Why Kimberly-Clark Stock Just Dropped
Yahoo Finance· 2025-11-04 00:26
并购交易概述 - 金伯利以487亿美元现金加股票的方式收购泰诺生产商Kenvue [1][3] - 交易对Kenvue股东的报价为每股350美元现金加014625股金伯利股票,总价值为每股2101美元 [3] - 相较于Kenvue上周14737美元的收盘价,收购溢价高达46% [4] - 交易预计在2026年下半年完成 [3] 合并后公司前景 - 合并后将形成一家拥有10个价值10亿美元的标志性品牌的消费品巨头 [1] - 合并后公司年销售额预计达到320亿美元,调整后息税折旧及摊销前利润约为70亿美元 [5] - 两家公司过去12个月合计净利润为34亿美元,通过合并可产生21亿美元的成本协同效应 [6] - 计入协同效应后,合并公司年利润可能达到55亿美元 [6] 市场反应与估值影响 - 消息公布后,金伯利股价下跌125%,而Kenvue股价上涨超过16% [1][2] - 以金伯利当前400亿美元市值计算,合并后公司的市盈率可能低至73倍 [7][8] - 市场对金伯利支付高额溢价收购存在担忧 [2][4]
Kimberly-Clark to acquire Tylenol owner Kenvue in $48.7 billion deal
Youtube· 2025-11-03 21:40
Kimberly Clark reaching a deal to acquire Ken View for more than $40 billion. David Faber joins us with the details. Although I guess David, we've been watching the way Kimberly Clark shares have been trading in reaction to this news.There is an equity component of this uh proposed transaction. So maybe that brings it below the $40 billion uh number, but what can you tell us about some of the ins and outs here. >> Yeah, sure, Mike.You know, it's something I've been tracking. we've been discussing for quite ...
UK Competition and Markets Authority Refers Proposed Merger of Shutterstock and Getty Images for Phase 2 Review
Prnewswire· 2025-11-03 19:24
Accessibility StatementSkip Navigation NEW YORK, Nov. 3, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) ("Shutterstock") today received notice from the UK's Competition and Markets Authority ("CMA") that the CMA has referred the proposed merger of Shutterstock and Getty Images Holdings, Inc. ("Getty Images") to a Phase 2 review process. Getty Images offered comprehensive remedies to avoid a Phase 2 review and Shutterstock is disappointed at the CMA's decision but remains committed to the proposed merg ...
SM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUE
Prnewswire· 2025-11-03 19:15
Accessibility StatementSkip Navigation Civitas Logo Value-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and enhanced stockholder value Pro forma second quarter of 2025 production totaled 526 MBoe/d Pro forma full-year 2025 consensus free cash flow of more than $1.4 billion Step-change in free cash flow supports sustained return of capital SM Energy Logo Value-Driven Synergies Proven management and a world-class technical team positioned to de ...
Mastercard sidesteps reported crypto deal question
Yahoo Finance· 2025-10-30 18:40
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Mastercard remains on the hunt for potential acquisitions, but the card network’s executives declined Thursday to comment on a report the company may acquire the crypto infrastructure business Zerohash. The card network is in the late stages of talks to buy the startup for as much as $2 billion, the digital magazine Fortune reported Thursday, citing unnamed sourc ...
Renasant (RNST) - 2025 Q3 - Earnings Call Transcript
2025-10-29 23:00
Renasant (NYSE:RNST) Q3 2025 Earnings Call October 29, 2025 10:00 AM ET Speaker5Good day, and welcome to the Renasant Corporation 2025 third quarter earnings conference call and webcast. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press the star then one on your telephone keypad. To withdraw your q ...
Ryerson and Olympic Steel Announce Merger Agreement
Prnewswire· 2025-10-29 04:51
合并交易概述 - 莱尔森控股公司与奥林匹克钢铁公司宣布达成最终合并协议,将合并成立一家领先的北美金属服务中心 [1] - 合并后的公司将成为北美第二大金属服务中心,结合了莱尔森智能互联的增值服务中心网络与奥林匹克钢铁互补的业务布局、能力和产品供应 [1] - 交易预计在完成后的第二年年底通过采购规模、效率提升、商业增强和网络优化产生约1.2亿美元的年度协同效益 [1] 交易条款与财务影响 - 奥林匹克钢铁股东每股普通股将获得1.7105股莱尔森普通股,合并后预计将拥有新公司约37%的股份 [2] - 交易预计将立即增加合并后实体股东的每股收益,并假设部分协同效应计入,将使备考杠杆比率降至3倍以下 [2] - 交易预计将于2026年第一季度完成,需满足惯例交割条件并获得监管机构和股东批准 [2] 合并后公司治理 - 奥林匹克钢铁董事会执行主席Michael D. Siegal将被任命为合并后公司的董事会主席 [3] - 奥林匹克钢铁还将另外任命三位双方均满意的董事,组成共11人的董事会 [3] - 莱尔森总裁兼首席执行官Eddie Lehner将担任合并后公司的首席执行官,奥林匹克钢铁首席执行官Richard T. Marabito将担任总裁兼首席运营官 [3] 管理层评论与战略展望 - 莱尔森首席执行官Eddie Lehner认为合并是极具吸引力的独特机会,结合了两家公司在产品、服务、布局和客户体验方面高度互补和协同的优势 [4] - 合并将扩大莱尔森的数字投资规模,将奥林匹克钢铁的能力和专业经验融入更大的网络,为客户提供更高的网络密度、更短的交货周期和更广泛的定制解决方案 [4] - 奥林匹克钢铁首席执行官Rick Marabito表示,合并成为一家65亿美元的公司将为关键利益相关者带来新机遇 [4] - 合并后的公司将拥有总计255年的工业金属服务中心经验 [4] 公司背景信息 - 莱尔森成立于1842年,是一家领先的工业金属增值加工商和分销商,在美国、加拿大、墨西哥和中国拥有业务,约110个地点,员工约4300名 [8] - 奥林匹克钢铁成立于1954年,是一家领先的美国金属服务中心,专注于碳钢、不锈钢、铝材等产品的直接销售和增值加工,在克利夫兰设有总部,拥有54个运营点 [9] 交易顾问与沟通安排 - 摩根大通担任莱尔森的独家财务顾问,Willkie Farr & Gallagher LLP担任其法律顾问 [7] - KeyBanc Capital Markets担任奥林匹克钢铁的财务顾问并提供公允意见,Houlihan Lokey提供了公允意见,Jones Day担任其法律顾问 [7] - 公司将于2025年10月29日东部时间上午10点在其2025年第三季度财报电话会议上讨论此次合并 [4][6]
Skyworks and Qorvo to Combine to Create $22 Billion U.S.-Based Leader in High-Performance RF, Analog and Mixed-Signal Solutions
Globenewswire· 2025-10-28 19:01
Companies to host joint conference call and live webcast today at 8:00 a.m. EDTKey Highlights Enhances scale with revenue of $7.7 billion and Adjusted EBITDA of $2.1 billion1Combines complementary product and technology portfolios and world-class engineering capabilities, creating R&D scale to deliver innovative RF solutionsCreates $5.1 billion mobile business positioned to address rising RF complexityEstablishes $2.6 billion diversified Broad Markets platform with a growing and profitable TAM across defens ...
ALLETE to Announce Third Quarter Financial Results October 31
Businesswire· 2025-10-28 18:30
Oct 28, 2025 6:30 AM Eastern Daylight Time ALLETE to Announce Third Quarter Financial Results October 31 Share DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, October 31, 2025. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI ...