MergerLinks

Welcome to MergerLinks Daily Review, your daily dose of M&A news before your morning coffee. Subscribe now and never miss a beat with MergerLinks. Bankers mentioned: Mark Sorrell, Andres Esteban, Ignacio de la Colina, Alberto Nagel, Juan Gich, Juan Monte, Javier Oficialdegui Lawyers mentioned: Ting Chen, Dan Cerqueira, Carolina Albuerne, Fernando Vives PR Advisors mentioned: Charlyn Lusk #MergersandAcquisitions #FinancialServices #Corporate

Renault Group is demanding a takeover premium for its 36% stake in Nissan Motor Corporation if American Honda Motor Company, Inc. assumes control of the Japanese automaker.   Representatives from the French carmaker traveled to Japan this week to express concerns over the potential structure of a deal. Renault aims to ensure Nissan’s full value is recognized, regardless of how the partnership unfolds. #MergersAcquisitionsDivestitures #Vehicle #Automation

Mantiqueira Brasil, South America's largest egg producer, is considering a merger or acquisition to enter the US market following the sale of a 50% stake to meat producer JBS. “No option is ruled out,” Márcio Utsch, Mantiqueira Brasil CEO. He noted that expansion could come through local production or partnerships with existing market players. #MergersAcquisitionsDivestitures #Retail #Food

Zayo Group is in negotiations to acquire Crown Castle's fiber business after discussions with rival bidder TPG cooled. Talks with Zayo gained momentum after TPG exited the bidding. Zayo’s offer surpassed TPG’s, and the deal for Crown Castle’s entire fiber unit could exceed $8bn. #MergersAcquisitionsDivestitures #PrivateEquity #Telecommunication

SoftBank Group Corp. is in discussions to invest up to $25bn in OpenAI, potentially becoming the AI startup’s largest backer.   The Japanese investment giant is considering an investment between $15bn and $25bn. This would be in addition to the $15bn SoftBank has already committed to Project Stargate, a Texas-based joint venture with OpenAI aimed at developing data centers and AI infrastructure to support ChatGPT. #MergersAcquisitionsDivestitures #ITServices #Technology

Bain Capital, a private equity firm, agreed to acquire Frontline Road Safety Group, a construction services company, from The Sterling Group, a private equity firm, according to press releases. Financial terms were not disclosed. Bain Capital (led by Joseph Robbins) is advised by Stifel Financial Corp., UBS and Kirkland & Ellis. Frontline Road Safety (led by Mitchell D. Williams) is advised by Guggenheim Partners, Harris Williams, Latham & Watkins, and Stanton PRM (led by Charlyn Lusk), according to press releases. #MergersAcquisitionsDivestitures #PrivateEquity #Construction

New Mountain Capital-backed Salute, a provider of integrated asset management services for the data center industry, agreed to acquire Keysource, a provider of sustainable data centre solutions and strategic advisory services in the EMEA region. Financial terms were not disclosed. Salute (led by Erich Sanchack) is advised by Simpson Thacher & Bartlett LLP (led by Chris Vallance). #MergersAcquisitionsDivestitures #BigData #Technology

e2p, a private equity firm focused on the food and beverage industry, completed the acquisition of Bil-Jac Foods, Inc., a company specializing in the production of premium dog food and treats. Financial terms were not disclosed. Bil-Jac Foods, Inc. (led by Robert Kelly) was advised by Lincoln International and Jones Day (led by William Stewart). #MergersAcquisitionsDivestitures #Food #Retail

The Carlyle Group, a private equity firm, completed the investment in Entertainment 360, a talent management company, a private equity company. Financial terms were not disclosed. Entertainment 360 was advised by The Raine Group and Venable LLP. Carlyle (led by Ben Fund) was advised by Latham & Watkins. #MergersAcquisitionsDivestitures #PrivateEquity #Recruiting

Welcome to MergerLinks Daily Review, your daily dose of M&A news before your morning coffee. Subscribe now and never miss a beat with MergerLinks. Lawyers mentioned: Robert Innes, Alexandra Feros, James Morley, Ed Barnett, Emily Cridland, Samuel Newhouse, Minh Van Ngo, Andrew M. Wark, Andrew C. Elken and Charles Ruck Bankers mentioned: Guy Bomford, Adrian B., Carlton Nelson, Ravi Gupta and David Walker PR mentioned: Nick Miles and Charles Chichester #MergersandAcquisitions #FinancialServices #Corporate