Sunday April 22, 2018 11:57

ACQUISITION Press Releases

AccorHotels acquires ResDiary, a leading platform for restaurant reservation table management Lifestyle—11 Apr 18

AccorHotels today announces that it has completed the acquisition of table reservation system, ResDiary. Established in Glasgow in 2004, the company now has over 100 staff based in 6 countries. ResDiary is notably well established in the Asia Pacific

Marfrig Global Foods #B+# And #brA-# Ratings Placed On CreditWatch Positive On Announced Acquisition Of National Beef Stcoks—10 Apr 18

SAO PAULO--10 Apr--S&P Global Ratings

SAO PAULO (S&P Global Ratings) April 9, 2018--S&P Global Ratings placed its 'B+' global scale and 'brA-' national scale corporate credit ratings on Marfrig Global Foods S.A. (Marfrig) on CreditWatch with positive implications. We also placed Marfrig's 'B+' issue-level ratings on CreditWatch with developing implications.

The CreditWatch positive reflects that we could affirm or upgrade Marfrig over the next 90 days, once we reevaluate its liquidity, business, and financial risk profiles following its acquisition of a 51% controlling stake of National Beef for $969 million (or around R$3.2 billion). The transaction is still subject to BNDESPAR (due to shareholder agreement) and antitrust approvals.

Financiere Efel #B# Rating Affirmed Following Storax Acquisition And EUR65 Million Term Loan B Add- Stcoks—03 Apr 18

PARIS (S&P Global Ratings) April 3, 2018--S&P Global Ratings today affirmed its 'B' long-term issuer credit rating on Financiere Efel SAS. The outlook remains stable. At the same time, we affirmed our 'B' issue rating on the EUR295 million

Reich Brothers Announces Purchase of State-of-the-Art Panasonic Manufacturing Facility in Salem, General—03 Apr 18

This former Panasonic Class-A Manufacturing/Warehouse facility will be repurposed to generate jobs and stimulate the Salem, OR economy Reich Brothers is pleased to announce the acquisition of a state-of-the-art 129,850 square foot , production and

Pre-Paid Legal Services Rating Trident LS Parent Corp. And Acquisition Financing Assigned Stcoks—29 Mar 18

NEW YORK (S&P Global Ratings) March 28, 2018--S&P Global Ratings today affirmed its 'B' corporate credit rating on U.S.-based Pre-Paid Legal Services Inc. (LegalShield). The outlook is stable. At the same time, we assigned our 'B' corporate

Golden Lime PLC acquires Saraburi Quicklime, reinforcing its leadership position on the Thai Stcoks—22 Mar 18

Golden Lime Public Company Limited (SET: SUTHA), a subsidiary of the Carmeuse and GP Group announced today the acquisition of a 99.9% stake in Thailand's fourth largest lime company Saraburi Quicklime. The acquisition will further contribute to Golden

Trident TPI Holdings Inc. And SubsidiaryTekni-Plex Inc. Downgraded To #B-# From #B# On Acquisition Stcoks—21 Mar 18

NEW YORK (S&P Global Ratings) March 20, 2018--S&P Global Ratings today lowered its corporate credit rating on U.S.-based Trident TPI Holdings Inc. to 'B-' from 'B'. The outlook is stable. At the same time, we lowered our issue-level rating on

Hecla Mining Co. #B# Rating Placed On CreditWatch Positive On Announced Acquisition Of Mines From Stcoks—20 Mar 18

NEW YORK (S&P Global Ratings) March 19, 2018--S&P Global Ratings today placed its ratings on Coeur d'Alene, Idaho-based silver and gold producer Hecla Mining Co., including the 'B' corporate credit rating, on CreditWatch with positive

Deerfield Duff Phelps, LLC Ratings Placed On CreditWatch Negative On Pending Acquisition Of Kroll Stcoks—14 Mar 18

NEW YORK (S&P Global Ratings) March 13, 2018--S&P Global Ratings today placed its ratings, including the 'B' corporate credit rating, on Deerfield Duff & Phelps, LLC on CreditWatch with negative implications. The CreditWatch placement

Fogo De Chao Inc. Rated #B# On Acquisition By Rhone Debt Rated #B#; Outlook Stcoks—14 Mar 18

NEW YORK (S&P Global Ratings) March 13, 2018--S&P Global Ratings today assigned its 'B' corporate credit rating to Dallas-based Fogo De Chão Inc. The outlook is stable. At the same time, we assigned our 'B' issue-level and '3' recovery

Diamond Resorts International Inc. Ratings Placed On CreditWatch Negative Following Acquisition Stcoks—07 Mar 18

NEW YORK (S&P Global Ratings) March 6, 2018--S&P Global Ratings today placed its 'B' corporate credit rating on Diamond Resorts International Inc. and all issue-level ratings on CreditWatch with negative implications. This action follows

Hyland Software Inc. Outlook Revised To Negative On Planned Acquisition Of $205M Incremental Debt Stcoks—06 Mar 18

NEW YORK (S&P Global Ratings) March 5, 2018--S&P Global Ratings today revised its outlook on Westlake, Ohio-based Hyland Software Inc. to negative from stable. At the same time, we affirmed the 'B' corporate credit rating. We also affirmed our

MassMutual Japan Ratings Affirmed At #A-# After Announcement Of Acquisition By Nippon Outlook Stcoks—05 Mar 18

TOKYO (S&P Global Ratings) March 5, 2018--S&P Global Ratings today said it has affirmed its 'A-' insurer financial strength and long-term issuer credit ratings on Japan-based MassMutual Life Insurance Co. (MassMutual Japan). The outlook remains

WH Dentalwerk Buermoos GmbH: WH Acquires Swedish Specialist Osstell Heathcare—02 Mar 18

W&H President and CEO Peter Malata announced the acquisition of the Swedish medical technology company Osstell AB on 1st March 2018. This purchase continues the international growth of the Austrian family-owned company W&H Dentalwerk Buermoos

Medical Solutions Parent Holdings Inc. Ratings Affirmed On Acquisition Of PPR Holding Corp.; Stcoks—27 Feb 18

NEW YORK (S&P Global Ratings) Feb. 26, 2018--S&P Global Ratings today affirmed its 'B' corporate credit rating on Medical Solutions Parent Holdings Inc. The outlook is stable. At the same time, we affirmed our 'B' issue-level rating on subsidiary

Gem Acquisition Inc., Genex Holdings Off CreditWatch, #B# Ratings Outlook Stcoks—27 Feb 18

NEW YORK (S&P Global Ratings) Feb. 26, 2018--, S&P Global Ratings said today it affirmed its 'B' long-term issuer credit ratings on managed care firm Gem Acquisition Inc. and intermediate holding company GENEX Holdings Inc. (collectively Genex)

Coshocton, OH 2017 GO Water And Sewer System Acquisition BANs Rating Raised To Stcoks—22 Feb 18

NEW YORK (S&P Global Ratings) Feb. 21, 2018--S&P Global Ratings has raised its short-term rating on Coshocton, Ohio's series 2017 general obligation water and sewer system acquisition bond anticipation notes (BANs) one notch to 'SP-1+' from

Innergex Renewable Energy Inc. #BBB-# Rating Affirmed, Off Watch Positive After Alterra Power Corp. Stcoks—22 Feb 18

TORONTO (S&P Global Ratings) Feb. 21, 2018--S&P Global Ratings today affirmed its 'BBB-' long-term corporate credit rating on Longueuil, Que.-based Innergex Renewable Energy Inc. At the same time, S&P Global Ratings affirmed its 'BB' global

Park Place Technologies Acquires Axentel Technologies IT—21 Feb 18

Acquisition improves Park Place's service offering across the entire IT lifecycle and further expands its ability to service customers throughout Southeast Asia Park Place Technologies announced today that it has completed an acquisition of Axentel

Coshocton, OH Short-Term Rating Lowered To #SP-1# Stcoks—21 Feb 18

NEW YORK (S&P Global Ratings) Feb. 20, 2018--S&P Global Ratings has corrected a publication error by lowering its short-term rating on Coshocton, Ohio's water and sewer system acquisition bond anticipation notes (BANs; limited-tax general

LTI Holdings Inc. #B-# Rating Affirmed On Acquisition Of Action F New Debt Outlook Revised To Stcoks—16 Feb 18

NEW YORK (S&P Global Ratings) Feb. 15, 2018--S&P Global Ratings today affirmed its 'B-' corporate credit rating on Modesto, Calif.-based diversified specialty components manufacturer LTI Holdings Inc. (operating as Boyd Corp.). The outlook is

Woodside Petroleum Ltd. Outlook Revised To Stable On Equity Raising, Acquisition Of S #BBB+# Stcoks—14 Feb 18

SYDNEY (S&P Global Ratings) Feb. 14, 2018--S&P Global Ratings said today that it had revised its rating outlook to stable from negative on Australia-based oil and gas company Woodside Petroleum Ltd. At the same time, we affirmed the 'BBB+'

Time Inc. Rating Raised To #B+# And Removed From CreditWatch Ratings Then Withdrawn On Meredith Stcoks—13 Feb 18

NEW YORK (S&P Global Ratings) Feb. 12, 2018--S&P Global Ratings today raised its corporate credit rating on New York-based media company Time Inc. to 'B+' from 'B' and removed it from CreditWatch, where we had placed it with positive implications

TTM Technologies Inc. Ratings Affirmed On Announced Acquisition Of Anaren Inc.; Outlook Stcoks—09 Feb 18

SAN FRANCISCO (S&P Global Ratings) Feb. 8, 2018--S&P Global Ratings today affirmed its 'BB' corporate credit rating on Costa Mesa, Calif.-based TTM Technologies Inc. The outlook is stable. The rating was removed from CreditWatch, where it was

Ocean Spray Cranberries Inc. #BBB# Rating Affirmed, Outlook Revised To Negative, On Debt-Financed Stcoks—06 Feb 18

NEW YORK (S&P Global Ratings) Feb. 5, 2018--S&P Global Ratings today affirmed its ratings, including the 'BBB' corporate credit rating, on Ocean Spray Cranberries Inc., and revised the outlook to negative from stable. Ocean Spray had reported

Ply Gem Industries Inc. And Atrium Windows And Doors Ratings Placed On CreditWatch Following Stcoks—01 Feb 18

On DALLAS (S&P Global Ratings) Jan. 31, 2018-- S&P Global Ratings today placed all of its ratings on Cary, N.C.-based Ply Gem Industries Inc., including the 'B+' corporate credit rating, 'BB' senior secured rating, and 'B+' senior unsecured

Shutterfly Inc. Ratings Placed On CreditWatch Negative On Announced Acquisition Of Lifetouch Stcoks—01 Feb 18

NEW YORK (S&P Global Ratings) Jan. 31, 2018--S&P Global Ratings today placed its ratings, including the 'BB-' corporate credit rating, on Shutterfly Inc. on CreditWatch with negative implications. The CreditWatch placement reflects Shutterfly's

Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Stcoks—31 Jan 18

Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE). With this acquisition, Sterlite Power holds 100% stake in the business. Sterlite Power had attracted an investment of

InRetail Consumer #BB+# Ratings Placed On CreditWatch Negative On Announced Acquisition Of Stcoks—31 Jan 18

MEXICO CITY (S&P Global Ratings) Jan. 30, 2018--S&P Global Ratings placed its 'BB+' long-term corporate credit and issue-level ratings on InRetail Consumer (IC) on CreditWatch negative. The CreditWatch listing follows IC's announcement that it

Malee Group Invests 330 MB in Acquisition Deal for Vietnamese Beverage Producer to Expand Business—23 Jan 18

Malee Group PCL (MALEE) is moving confidently ahead on its journey to become a Health-Driven Global F&B Firm by investing 330 million baht in its first foreign acquisition deal of Long Quan Safe Food Joint Stock Company (LQSF), a major beverage