M&A

 Mergers & Acquisitions News (M&A)

• GFL Environmental agreed to acquire Canada's Secure Waste Infrastructure Corp. in a $4.6B mostly stock deal, including debt MSN

• A consortium of I Squared Capital and Blackstone are seeking to acquire German media group Ströer's core advertising business at a potential $4B valuation; the consortium may seek to LBO the entirety of $2.2B-listed Ströer as well PrivateEquityWire

• Mattress firm Somnigroup agreed to acquire bedding supplier Leggett & Platt in a $2.5B all-stock deal Yahoo.Finance

• Swedish sensor tech maker Hexagon will buy peer Waygate Technologies  from energy tech giant Baker Hughes for $1.45B cash Reuters

• China's TCL Electronics is considering selling a $200M stake in its Indian TV manufacturing unit to local buyers Bloomberg

• UK O&G giant BP agreed ​to buy a 60% operating interest in three ‌offshore exploration blocks in Namibia from Canada's Eco Atlantic Oil & Gas for $2.7M Reuters

• Palo Alto Networks founder Nir Zuk will acquire local California lender Liberty Bank from Stone Point Capital and Reverence Capital to use it as a launchpad for financial services AI tools Yahoo.Finance

• IB boutique Perella Weinberg will acquire UK peer Gleacher Shacklock Bloomberg

• UK's largest pension USS acquired a majority stake in private credit firm Venn Partners from Singaporean real estate manager ESR Group CIO

• Brazilian state-owned oil firm Petrobras​ is in early talks to re-acquire the Mataripe refinery in Brazil from Abu Dhabi SWF ‌Mubadala Reuters

• Canadian insurer Manulife is in talks to acquire the Swiss unit of Spanish telecom Cellnex Reuters