• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

M&A

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 26, 2012, 2:28 PM ET

Random House and Penguin are in talks to merge, according to the NY Times. Random House is currently owned by Bertelsmann AG, while Penguin is owned by Pearson PLC, with Bertelsmann expected to hold more than a 50% stake in the combined publishing house. www.randomhouse.com

BC Partners has canceled a proposed sale of German SGB Starkstrom, a maker of power transformers, according to Reuters. BC had hired Goldman Sachs to manage a process designed to raise up to €1 billion, but lead bidder State Grid (China) was unable to secure Chinese government support for the transaction. www.bcpartners.com

Cinven and Warburg Pincus are among a group of investors who recently sold 37 million shares in listed Dutch cable operator Ziggo NV, generating €915.8 million in proceeds (including €569m for Cinven and €590m for Warburg). Ziggo went public on the Euronex in March. www.ziggo.com

H.I.G. Capital has sold Texas Honing Inc., a Pearland, Texas-based maker of components used in oilfield drilling, completion and production systems, to Precision Castparts Corp. (NYSE: PCP). No financial terms were disclosed. www.texashoning.com

Ozburn-Hessey Logistics, a portfolio company of Apollo Global Management and Welsh Carson Anderson & Stowe, has sold its freight brokerage unit (Turbo Logistics) to XPO Logistics (NYSE: XPO) for $50 million. www.ohl.com

Solis Capital Partners has sold its stake in Miro Technologies to The Boeing Co. (NYSE: BA) for an undisclosed amount. Miro is a La Jolla, Calif.-based provider of enterprise asset management, maintenance, repair and overhaul services for government and commercial customers.www.mirotechnologies.com

Yahoo Inc. has acquired mobile sharing startup Stamped, which had raised around $3 million in VC funding from firms like Google Ventures, Bain Capital Ventures, CrunchFund, Metamorphic Ventures, NY Times Co., Columbia Records and TomorrowVentures. No financial terms were disclosed for the deal, which is Yahoo’s first acquisition under CEO Marissa Mayer. www.yahoo.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in

CryptoBinance
Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters
By Ben WeissDecember 7, 2025
1 hour ago
Big TechStreaming
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
By Hadriana Lowenkron, Se Young Lee and BloombergDecember 7, 2025
5 hours ago
Big TechOpenAI
OpenAI goes from stock market savior to burden as AI risks mount
By Ryan Vlastelica and BloombergDecember 7, 2025
5 hours ago
InvestingStock
What bubble? Asset managers in risk-on mode stick with stocks
By Julien Ponthus, Natalia Kniazhevich, Abhishek Vishnoi and BloombergDecember 7, 2025
5 hours ago
EconomyTariffs and trade
Macron warns EU may hit China with tariffs over trade surplus
By James Regan and BloombergDecember 7, 2025
5 hours ago
EconomyTariffs and trade
U.S. trade chief says China has complied with terms of trade deals
By Hadriana Lowenkron and BloombergDecember 7, 2025
6 hours ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
AI
Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'
By Nino PaoliDecember 6, 2025
1 day ago
placeholder alt text
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
1 day ago
placeholder alt text
Big Tech
Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
2 days ago
placeholder alt text
Economy
JPMorgan CEO Jamie Dimon says Europe has a 'real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
11 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.