Private-equity investor Madison Dearborn Partners LLC has agreed to purchase Bway Holding Co., an Atlanta-based supplier of metal and plastic containers, for $915 million in cash and debt and plans to take the company private.
Chicago-based Madison Dearborn will acquire Bway for $20 cash per share, which would amount to $447.2 million based on the 22.36 million shares outstanding as of Feb. 5.
In June, the banking software supplier expects to close on a $300 million purchase of Elizabethtown, Ky.-based electronic bill provider iPay Technologies LLC. The acquisition should broaden Jack Henry’s customer base ... Read More
Financial services company Northern Trust Corp. is actively planning to expand and is considering acquisitions, executives said on Wednesday. The executives, speaking at the company’s investor day in New York, said ... Read More
Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More
Novus International Inc. said Tuesday it acquired several food and feed pigment and ingredient companies in Spain and Mexico for an undisclosed amount. The purchases increase the company’s size and reach ... Read More
Drivers who buy electric cars will need a quick, convenient place to recharge their batteries. And the industry is ramping up to fill that need, says a report released Tuesday by ... Read More
MEMC Electronic Materials Inc., based in O’Fallon, Mo., announced today it has reached agreement to acquire privately held Solaicx for at least $66 million. Solaicx, which is headquartered in Santa Clara, ... Read More
The University of Missouri is among the top 10 undergraduate schools that produced the most chief executives among S&P 500 companies. According to this week’s issue of Bloomberg Businessweek, 11 graduates ... Read More
Boeing Co. won a long-sought decision by the Navy to keep buying its F/A-18 Super Hornet for several years after the company knocked 10% off the fighter jet’s price, saving the ... Read More
Astellas Pharma Inc., Japan’s No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash in a bid to expand its ... Read More
Two of St. Louis’ major powerhouses announced a unique partnership today whose purpose is to discover new uses for existing drugs and to accelerate the development of scientific knowledge about human ... Read More