Flash memory maker SanDisk Corporation shares rose as much as 7 percent following the aquisition of Pliant Technology.
Round-up of today’s M&A deals
Flash memory maker SanDisk Corporation shares rose as much as 7 percent following the aquisition of Pliant Technology.
SanDisk is to pay $327 million (£201 million) in cash and provide certain equity-based incentives.The deal with Pliant Technology, a developer of enterprise solid state drives, facilitates SanDisk’s move into the fast-growing enterprise storage market.
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Round-up of today’s M&A deals
- Charterhouse completes buyout of Bridgepoint’s Environmental Resources Management ERM Consultancy
Sector: Environmental
Value: £585 million
Advisers: Goldman Sachs International, Weil Gotshal & Manges, Ernst & Young, LEK Consulting
- Real-estate directory publisher Primedia aquires TPG Capital
Sector: Media
Value: $316.4 million
Advisers: Barclays Capital, UBS Investment Bank and Bank of America Merrill Lynch, Cleary Gottlieb Steen & Hamilton
- Joy Global enters the oil and drilling market with aquisition of Rowan Cos
Sector: Mining
Value: $1.1 billion
Advisers: Bank of America Merrill Lynch, Barclays Capital
- Autonomy aquires information management company Iron Mountain
Sector: Technology
Value: $380 million
Advisers: Financial Dynamics
- Stryker Corp buys medical-device manufacturer Orthovita
Sector: Medical
Value: $316 million
Advisers: J.P. Morgan Securities
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- Histogenics, a privately held regenerative medicine company, buys out ProChon Biotech
Sector: Medical
Value: undisclosed
Advisers: Boston Equity Advisors
- Kratos Defense & Security Solutions purchases Integral Systems
Sector: Securities
Value: $225 million
Advisers: Jefferies & Company
- Teva Pharmaceutical Industries acquires Taiyo Pharmaceutical Industry
Sector: Medical
Value: $460 million
Advisers: undisclosed
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