Deal Law Wire

FEBRUARY 13, 2023

The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have been updated for 2023. The threshold for an indirect acquisition of control is C$50 million in asset value ($5 million in certain instances).

Book Value 52

Book Value Enterprise Value 52

Reynolds Holding

MAY 15, 2023

The January 2023 study “ESG Performance and Enterprise Value: Do Firms with Stronger ESG Performance Have Higher Valuation Ratios?” To answer this question, company valuation is analyzed using the Market Value Added (MVA) Spread from the ISS EVA framework. What Does this Mean in Terms of Enterprise Value?

Enterprise Value 59

Enterprise Value Technology Marketability 59

Benzinga

JANUARY 16, 2024

in cash and 0.3450 shares of Synopsys common stock for each Ansys share, representing an enterprise value of approximately $35 billion based on the closing price of Synopsys common stock on December 21, 2023. Under the deal, Ansys shareholders will receive $197.00 Also Read: Tech Giants In Talks: Synopsys.

Enterprise Value 52

Enterprise Value 52

Benzinga

OCTOBER 4, 2022

in cash, representing an enterprise value of approximately $1.2 The value represents a premium of 15% to Poshmark's closing stock price as of October 3, 2022. The companies expect the transaction to close by the first quarter of 2023. Poshmark is a social e-commerce marketplace for new and secondhand styles.

Enterprise Value 98

Enterprise Value Marketability 98

Benzinga

MARCH 21, 2023

Xpress Enterprises Inc (NYSE: USX ) for a total enterprise value of ~$808 million, excluding transaction costs. The total enterprise value represents Knight-Swift assuming USX's $484 million of outstanding debt and finance leases and purchasing its outstanding equity for $324 million, or $6.15

Enterprise Value 52

Enterprise Value Finance Equity 52

Business Wire M&A

MAY 22, 2023

(NASDAQ: PDCE) to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 Based on Chevron’s closing price on May 19, 2023 and under the terms of the agreement, PDC shareholders will receive 0.4638 shares of Chevron for each PDC share. The total enterprise value, incl

Enterprise Value 98

Enterprise Value 98

Reynolds Holding

NOVEMBER 8, 2023

The January 2023 report ESG Performance and Enterprise Value: Do Firms with Stronger ESG Performance Have Higher Valuation Ratios? investigated the relationship between the ISS ESG Performance Score (a normalized version of the ISS ESG Corporate Rating ) and two valuation ratios from the ISS Economic Value Added (EVA) framework.

Enterprise Value 52

Enterprise Value Price to Book Marketability Book Value 52

Benzinga

JULY 28, 2022

ticking fee per month starting in January 2023 through closing. The deal has an aggregate fully diluted equity value of $3.8 billion and an adjusted enterprise value of. JetBlue will purchase Spirit for $33.50 per share in cash including a $2.50 Spirit will also pay a $0.10 Full story available on Benzinga.com.

Enterprise Value 98

Enterprise Value Equity 98

Benzinga

MAY 12, 2023

The merger values VinFast at an enterprise value of $27 billion, which makes it the third-largest SPAC merger in history, according to SPAC expert Julian Klymochko. Related Link: Tesla's Vietnamese Challenger VinFast Rides Into US With First Deliveries VinFast expects the merger to close in the second half of 2023.

Enterprise Value 98

Enterprise Value 98

Benzinga

SEPTEMBER 14, 2023

per share in cash, representing an equity value of approximately $181 million. The enterprise value is $142 million and includes PFSweb's cash balance of $39 million on June 30, 2023. The deal price represents a premium of 50% to PFSW's last closing price of $5.01. Full story available on Benzinga.com

eCommerce 52

eCommerce Enterprise Value Equity Marketability 52

Benzinga

AUGUST 7, 2023

Campbell Soup Company (NYSE: CPB ) has agreed to acquire Sovos Brands Inc (NASDAQ: SOVO ) for $23 per share in cash, representing a total enterprise value of approximately $2.7 on August 4, 2023. The deal price represents a premium of over 27% to SOVO's last closing price of $18.02

Enterprise Value 52

Enterprise Value Equity Marketability 52

Benzinga

MAY 24, 2023

The enterprise value of the transaction is $730 million. The transaction is expected to close during Hillenbrand's fiscal fourth quarter of 2023. Headquartered in Kansas City, Missouri, FPM has over 1,300 global employees and sells to customers in over 150 countries, with.

Enterprise Value 52

Enterprise Value 52

Benzinga

MAY 15, 2023

in cash and 0.6670 shares of ONEOK common stock to each MMP unitholder, representing a current implied value of $67.50 per unit and a 22% premium to MMP's closing price on May 12, 2023. The combined company, with an enterprise value. The deal comprises a payment of $25.00 Full story available on Benzinga.com

Enterprise Value 52

Enterprise Value Equity Marketability 52

Benzinga

JANUARY 17, 2023

per share, corresponding to an enterprise value of approximately $100 million. Shockwave Medical Inc (NASDAQ: SWAV ) has agreed to acquire Neovasc Inc (NASDAQ: NVCN ) for an upfront cash payment of $27.25 Neovasc shareholders will also receive a. Full story available on Benzinga.com.

Enterprise Value 52

Enterprise Value 52

Benzinga

JUNE 5, 2023

Barnes Group Inc (NYSE: B ) has agreed to acquire MB Aerospace for an enterprise value of approximately $740 million. 2023 EBITDA and 8.9x MB Aerospace offers precision aero-engine component manufacturing and repair services serving aerospace and defense engine companies. Poland, and Taiwan. Poland, and Taiwan.

Enterprise Value 52

Enterprise Value EBITDA Equity Marketability 52

Benzinga

AUGUST 7, 2023

The all-cash transaction values Tabula Rasa at approximately $570 million including net debt of approximately $262 million on an enterprise value basis. The transaction is expected to close during Q4 of 2023.

Net Debt 52

Net Debt Enterprise Value Technology Marketability 52

Benzinga

JANUARY 17, 2023

Emerson Electric Co (NYSE: EMR ) proposed a takeover offer to National Instruments Corp (NASDAQ: NATI ) for $53 per share in cash at an implied enterprise value of $7.6 The offer implies a premium of 32% on NI's January 12 closing price, the day before NI's public announcement of a strategic review on January 13, 2023.

Enterprise Value 52

Enterprise Value Technology 52

Benzinga

FEBRUARY 27, 2023

The deal represents a total enterprise value of approximately C$2.8 LKQ Corp (NASDAQ: LKQ ) said it has entered into a definitive agreement to acquire all of Uni-Select Inc's issued and outstanding shares for C$48.00 per share in cash. The transaction price of C$48.00 per share represents a premium of 19.2% billion ($2.1

Enterprise Value 52

Enterprise Value 52

Benzinga

JUNE 15, 2023

Patterson-UTI Energy Inc (NASDAQ: PTEN ) and NexTier Oilfield Solutions Inc (NYSE: NEX ) inked an all-stock merger deal of equals, forming a combined company with an enterprise value of approximately $5.4 The company expects the merger to close in Q4 2023 upon receiving regulatory approvals and customary closing conditions.

Enterprise Value 52

Enterprise Value Equity Marketability 52

Benzinga

APRIL 6, 2022

billion in enterprise value and “a 7.3x EV/EBITDAR multiple on our 2023 estimates,” according to BofA Securities. JetBlue Airways Corporation (NASDAQ: JBLU ) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE ), which equates to $3.7 billion in market capitalization, $7.4

Enterprise Value 52

Enterprise Value Market Capitalization Marketability 52

Benzinga

JULY 28, 2022

The transaction consideration implies an aggregate fully diluted equity value of approximately $3.8 billion and an adjusted enterprise value of $7.6 per month starting in January 2023 through closing. The purchase price includes a prepayment of $2.50 "This. Full story available on Benzinga.com.

Enterprise Value 52

Enterprise Value Equity 52

Benzinga

AUGUST 11, 2023

per share in cash for a total enterprise value of approximately $8.5 The purchase price implies a premium of approximately 59% to the 30-day volume weighted average price ending August 9, 2023. On Thursday, Tapestry, Inc (NYSE: TPR ) disclosed plans to acquire Capri Holdings Limited (NYSE: CPRI ) for $57.00

Enterprise Value 52

Enterprise Value Banking Finance 52

Benzinga

APRIL 25, 2024

per share in an all-cash transaction (the "Transaction"), representing an enterprise value of approximately $1.2 The transaction was announced on May 15, 2023. billion for Neo. "We We are very grateful to all our stakeholders who have supported us since our inception.

B2B 45

B2B Enterprise Value Technology Compliance 45

Benzinga

AUGUST 7, 2023

07, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. Vivid Seats will acquire Wavedash for an enterprise value of approximately ¥‎8.7 The transaction is expected to close in the third quarter of 2023, subject to regulatory requirements and other customary closing conditions. CHICAGO, Aug. Full story available on Benzinga.com

Enterprise Value 40

Enterprise Value EBITDA Compliance Technology 40

Musings on Markets

FEBRUARY 27, 2023

In this post, I will focus on corporate debt in 2023, keeping in mind that it was a year where the tradeoffs changed, as interest rates rose to pre-2008 levels, and putting at risk those firms that had borrowed to capacity, or even beyond, at low interest rates.

Equity 52

Equity EBITDA Start-ups Net Debt 52

IBG Business

JUNE 7, 2023

Four of IBG Business’s partners were recognized by M&A Source on May 24 at the organization’s 2023 Spring Conference & Deal Market in Orlando, Florida. Jim’s award marked his second M&A Source recognition in three years; he was named “Advisor of the Year” in 2021.

Enterprise Value 52

Enterprise Value Equity Marketability 52

Benchmark Report

MAY 19, 2023

The lower middle market is typically defined as companies with an enterprise value (EV) between $5 million and $100 million. How do Economic Conditions affect the Lower Middle Market? A range of factors, including economic conditions, interest rates, and availability of financing, influences M&A activity in this market segment.

Marketability 52

Marketability Enterprise Value Finance Technology 52

Viking Mergers

MAY 18, 2023

Know the Virtual Landscape E-commerce is a rapidly expanding way to do business, with over one-fifth of worldwide sales estimated to take place online in 2023. Since these values all mean different things to your company, an advisor or broker will use their expertise to determine the most appropriate figures to use in negotiations.

Start-ups 214

Start-ups Book Value Enterprise Value Marketability 214

Benzinga

DECEMBER 22, 2023

22, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. TSX: TFII ) (TFI International), a North American leader in the transportation and logistics industry, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 Daseke common stockholders to receive $8.30

Enterprise Value 40

Enterprise Value Finance Marketability 40

Valutico

DECEMBER 15, 2022

Example: Here’s an example of a particular metric you might use: In order to determine the Enterprise Value of the business, you find the EBITDA from the business you’re valuing, and then multiply this by the EBITDA multiple observed from the other comparable companies. SaaS start-ups are valued at 10x Sales”.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

Example: Here’s an example of a particular metric you might use: In order to determine the Enterprise Value of the business, you find the EBITDA from the business you’re valuing, and then multiply this by the EBITDA multiple observed from the other comparable companies. SaaS start-ups are valued at 10x Sales”.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Benzinga

JANUARY 26, 2023

The parties to the LOI have agreed to negotiate the terms of a Transaction, including a Definitive Business Combination Agreement, on an exclusive basis through February 24, 2023, at which point IAC may extend such term for an additional 15 calendar days. CALGARY, Alberta, Jan. CALGARY, Alberta, Jan. 185,280,000. 185,280,000.

Enterprise Value 40

Enterprise Value Finance 40

Benzinga

JULY 18, 2023

Upon closing of the Proposed Business Combination, expected in the fourth quarter of 2023, the newly combined company (the " Company ") will operate as Set Jet and plans to continue listing on the Nasdaq Stock Market LLC under the symbol SJET. At June 30, 2023, there was approximately $36.8

Enterprise Value 40

Enterprise Value Finance Marketability Technology 40

Benzinga

JULY 24, 2023

SEOUL, South Korea and MIAMI, July 24, 2023 (GLOBE NEWSWIRE) -- GLAAM Co., GLAAM is expected to become a US publicly traded company in the third quarter of 2023. For example, projections of future enterprise value, revenue and other metrics are forward-looking statements. In some cases, you can identify forward-looking.

Enterprise Value 40

Enterprise Value Marketability Technology 40

Benzinga

SEPTEMBER 14, 2023

14, 2023 (GLOBE NEWSWIRE) -- Jaguar Global Growth Corporation I (NASDAQ: JGGC , JGGCR, and JGGCW)) ("Jaguar Global") and GLAAM, Co., Eastern Time on September 27, 2023. For example, projections of future enterprise value, revenue and other metrics are forward-looking statements. MIAMI and SEOUL, South Korea, Sept.

Enterprise Value 40

Enterprise Value Marketability Technology 40

Benzinga

APRIL 3, 2023

MONTREAL, April 03, 2023 (GLOBE NEWSWIRE) -- SourceKnowledge , the open web, cost-per-click (CPC) ad network that increases yield for publishers and incremental reach for retailers, today announced it has been acquired by mrge , the leading global platform for commerce advertising. trillion of enterprise value in the United States.

Enterprise Value 40

Enterprise Value Technology Equity 40

Benzinga

OCTOBER 10, 2022

Transaction values the European business at an enterprise value of $220 million. Transaction is expected to close in the first half of 2023. The transaction will require the approval of the stockholders of CFFE, and as a result is expected to close sometime in the first half of 2023. Exela Technologies, Inc.

Technology 40

Technology Enterprise Value Banking Marketability 40