Macquarie Investment Management on its agreement to acquire NYSE-listed Waddell & Reed Financial, Inc. for an equity value of approximately USD1.7bn, with the combined business becoming a top 25 U.S. mutual fund manager by assets under management; and on the subsequent sale of Waddell & Reed’s wealth management business to LPL Financial for USD300m, and a long-term partnership agreement with LPL.
TP ICAP plc on its acquisition of leading global electronic trading network Liquidnet Holdings, Inc. for a consideration of between USD575m and USD700m.
WillScot Corporation [NASDAQ:WSC] on its stock-for-stock merger with portable storage solutions provider Mobile Mini, Inc. [NASDAQ:MINI]. The public company combination creates an industry-leading specialty leasing company.
A global alternative investment management firm on a USD265m investment to acquire an equity stake in US Wind Inc. and fund a major offshore wind facility off the coast of Maryland.
Legg Mason in its acquisition of a majority stake in Clarion Partners Holdings LLC.
A global financial institution on the sale of its retail and commercial banking operations in Peru to The Bank of Nova Scotia, and on the sale of the financial institution’s comprised of hedge fund services and private equity fund services, to SS&C Technologies Holdings.
Mizuho Financial Group in its acquisition of a $36.5b portfolio of North American loan commitments from the Royal Bank of Scotland Group PLC.
A global financial institution in the sale of its worldwide custody business to State Street and the sale of various private equity and venture capital investments.
Sumitomo Rubber Industries, Ltd. in the dissolution of its global alliance with The Goodyear Tire & Rubber Company.
B/E Aerospace in its spin-off of KLX, Inc. and in its acquisitions of TSI Group Inc. and UFC Aerospace Corp.
Deere & Company in the sale of a majority interest in its landscape business, John Deere Landscapes LLC, to private equity firm Clayton Dubilier & Rice.
Aditya Birla Group, an Indian multinational conglomerate, in its acquisition of Atlanta-headquartered Columbian Chemicals Company, becoming the world’s largest carbon black manufacturer by volume.
Saudi Basic Industries Corp. (SABIC) in its acquisition of GE Plastics.
Industry Funds Management (IFM) in the acquisition of a minority interest in VIP Terminals.