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USA Truck Acquired by DB Schenker

USA Truck Acquired by DB Schenker

According to a news release, Arkansas-based USA Truck has been acquired by German logistics powerhouse, DB Schenker. DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. Founded in 1983, USA Truck has an approximately...
World Banks Invest in Fossil Fuels in 2021

World Banks Invest in Fossil Fuels in 2021

World Banks Invest $742 Billion in Fossil Fuels in 2021 By Reuters | Simon Jessop | Mar 30, 2022 Despite calls to tighten lending to help slow global warming, a report from Mar. 29 shows the world’s top banks provided $742 billion in finance to the fossil fuel...
JPMorgan to Buy Global Shares

JPMorgan to Buy Global Shares

Irish fintech firm Global Shares is being bought by JPMorgan Chase & Co. The firm’s software helps businesses manage employee stock plans. The terms of the deal were not disclosed and is expected to close the second half of this year. Global Shares’ cloud-based...
Cornerstone Building Brands to go Private

Cornerstone Building Brands to go Private

Manufacturer of exterior building products, Cornerstone Building Brands, had agreed to a $5.8 billion deal with shareholder Clayton, Dubilier & Rice to be taken private. The private equity firm currently ows 49% of Cornerstone’s common stock and has offered...
Preferred Apartments Communities to be Bought

Preferred Apartments Communities to be Bought

The world’s biggest alternate asset manager, The Blackstone Group, will buy Preferred Apartment Communities, Inc., as announced by Preferred on February 16, 2022. Blackstone Real Estate Income Trust’s (BREIT) offer comes in at 40% higher than Preferred’s stock close...
Bain Capital Nearing Deal to Acquire Inetum

Bain Capital Nearing Deal to Acquire Inetum

The U.S. buyout fund Bain Capital is final talks to complete a $2.27 billion deal to buy French IT services firm Inetum. The company provides IT consultancy, cloud computing, artificial intelligence, blockchain and infrastructure to more than 26 countries. Inetum had...