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

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 30, 2013, 2:45 PM ET

PricewaterhouseCoopers has agreed to acquire New York–based corporate consultancy Booz & Co., which separated from government consultancy Booz Allen Hamilton in 2008. No financial terms were disclosed. www.booz.com

China Construction Bank (HK: 939) is “in advanced talks” to buy listed Brazilian mid-sized lenderBanco Industrial e Comercial of Brazil, according to Reuters. BicBanco has a current market cap just shy of $800 million, in part thanks to existing takeover rumors. www.ccb.com

Honda Motor Co. 
(Tokyo: 7267) has agreed to sell its electronic components business to Nidec(Tokyo: 6494) for approximately $500 million, according to a local press report. www.honda.com

Rosneft (LSE: ROSN) has asked Russian President Vladimir Putin to sell the state’s 20% stake inNovorossiisk Commercial Sea Port to it, according to Reuters. Russia previously announced plans to sell the position by year-end, as part of a broader privatization program. www.rosneft.com

Sears Holding Corp. (Nasdaq: SHLD) said that it plans to spin off its Lands’ End and Sears AutoCenter brands, the latter of which may be exited via a sale. The company also announced that Sears Canada has sold five store leases for C$400 million to Cadillac Fairview Corp. www.sears.com

Toray Industries Inc. (Tokyo: 3402) has agreed to acquire Zoltek Co. (Nasdaq: ZOLT), a St. Louis-based maker of carbon fibers and technical fibers, for $584 million, or $16.75 per share. Private equity firm previously had suggested it would be willing to offer upwards of $17 per share, but the approach was not fully-financed. www.zoltek.com

Wi-LAN Inc. (Nasdaq: WILN) said that it has hired Canaccord Genuity to explore strategic alternatives, including a possible sale of the company. The Ottawa-based patent licensing company has a current market cap of around $375 million. www.wilan.com

Ingram Micro (NYSE: IM) has acquired Shipwire, a Palo Alto, Calif.-based provider of cloud-based logistics services and supply chain management SaaS. No financial terms were disclosed. Shipwire had raised around $15 million in VC funding, from firms like Meakem Becker Venture Capital, eBay and Newell Rubbermaid. www.shipwire.com

Brixmor Property Group Inc., a New York-based owner of grocery-anchored shopping centers, raised $825 million in its IPO. The company priced 41.25 million shares at $20 per share (middle of $19-$21 range, and will trade on the NYSE under ticker symbol BRX. BoA Merrill Lynch was listed as left lead underwriter. Brixmor is owned by The Blackstone Group. www.brixmor.com

Criteo, a Paris-based display advertising company, raised around $251 million in its IPO. The company priced nearly 8.1 million shares at $31 per share, compared to original plans to offer 7.2 million shares at between $23 and $26 per share (later increased to $27-$29). It has an initial market cap of $1.71 billion. The company plans to trade on the Nasdaq under ticker symbol CRTO, with J.P. Morgan, Deutsche Bank Securities and Jefferies serving as lead underwriters. It reports a $6.4 million net loss on nearly $253 million in revenue for the first six months of 2013. Shareholders include Index Ventures (24.3% pre-IPO stake), Idinvest Partners (22.6%), Elaia Partners (13.5%), Bessemer Venture Partners (9.5%) and Softbank Capital. www.criteo.com

Surgical Care Affiliates Inc., a Deerfield, Ill.-based provider of surgical care optimization solutions, raised $235 million in its IPO. The company priced 9.8 million shares at $24 per share (high end of $21-$24 range), and will trade on the Nasdaq under ticker symbol SCAI. JPMorgan and Citigroup served as lead underwriters. The company reports $42.2 million of net income on nearly $389 million of revenue for the first six months of 2013. TPG Capital acquired SCA in 2007 from HealthSouth for $945 million. www.scasurgery.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

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
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
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • 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
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

sam altman
AIOpenAI
Sam Altman tells staff at an all-hands that OpenAI is negotiating a deal with the Pentagon, after Trump orders the end of Anthropic contracts
By Sharon GoldmanFebruary 27, 2026
3 hours ago
Future of Workthe future of work
Have good taste? It may just get you a job during the AI jobs apocalypse, says Sam Altman
By Marco Quiroz-GutierrezFebruary 27, 2026
3 hours ago
CybersecurityMeta
Trump’s FTC backs off social media regulation despite finding that nearly 20% of America’s children are online for 4 hours or more
By Catherina GioinoFebruary 27, 2026
4 hours ago
Emil Michael smirks
AIAnthropic
Emil Michael, the Silicon Valley exec turned Trump official leading the war against Anthropic, has deep ties to the tech world
By Lily Mae LazarusFebruary 27, 2026
4 hours ago
C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsFebruary 27, 2026
4 hours ago
AIMilitary
Trump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
By Jason MaFebruary 27, 2026
4 hours ago

Most Popular

placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezFebruary 25, 2026
2 days ago
placeholder alt text
Success
Jeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’
By Sydney LakeFebruary 25, 2026
2 days ago
placeholder alt text
Commentary
'The Pitt': a masterclass display of DEI in action 
By Robert RabenFebruary 26, 2026
2 days ago
placeholder alt text
Economy
Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more
By Tristan BoveFebruary 26, 2026
1 day ago
placeholder alt text
Economy
It’s more than George Clooney moving to France: America is becoming the ‘uncool’ country that people want to move away from
By Nick LichtenbergFebruary 27, 2026
18 hours ago
placeholder alt text
Success
Gen Z Olympic champion Eileen Gu says she rewires her brain daily to be more successful—and multimillionaire founder Arianna Huffington says it really does work
By Orianna Rosa RoyleFebruary 25, 2026
2 days ago

© 2026 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.