Deal Dispatch: Trump Settlement Clears Way For Paramount Merger, Euronext Eyes Greece, KKR Strikes Twice
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Mergers and Acquisitions Activity: Abry Partners is seeking a buyer for Sermo, with bids expected between $600 million and $800 million. Verint Systems is also exploring a sale, while KKR has agreed to acquire Spectris for £4.1 billion, indicating ongoing M&A activity despite a decline in deal volumes globally.
Bankruptcy and Financial Settlements: Del Monte Foods has filed for Chapter 11 bankruptcy to facilitate a turnaround, securing $912.5 million in financing during the process. Additionally, Paramount Global settled a lawsuit with Donald Trump for $16 million, which may aid its merger with Skydance Media.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
