Post Tagged with: "acquisition"
Apache acquires Cordillera Energy Partners III
Apache Corp. announced that it has completed the acquisition of Cordillera Energy Partners III LLC. With additional drilling and acreage acquired since the transaction was announced, Apache paid about $2.5 billion in cash and 6.3 million shares of Apache common stock that were issued to the sellers, including EnCap Investments, other institutional investors and Cordillera [...]
JP Energy Partners acquires Heritage Propane Express
JP Energy Partners LP announced that it has agreed to acquire Heritage Propane Express LLC. Financial terms of the deal were not disclosed. The addition of Heritage Propane Express will expand Pinnacle Propane’s service area to the eastern two-thirds of the country, making Pinnacle Propane one of the leading propane companies in the United States. [...]
Allot Communications to acquire Ortiva Wireless
Allot Communications Ltd., a provider of service optimization and revenue generation solutions for fixed and mobile data networks worldwide, announced that it has signed a definitive agreement to acquire Ortiva Wireless, which offers the industry’s most innovative solution for proactive management of mobile video. The transaction will enable Allot to further enhance its industry-leading Allot [...]
Pacific Western Bank agrees to acquire American Perspective Bank for $58.1M
Pacific Western Bank, a subsidiary of PacWest Bancorp, announced that it has entered into a definitive agreement and plan of merger with American Perspective Bank. Under the agreement, Pacific Western Bank will acquire all of the outstanding common stock and restricted stock of American Perspective Bank for $58.1 million in cash, or $13.00 per share [...]
Pure Industrial Real Estate Trust agrees to acquire industrial property for $7.28M
Pure Industrial Real Estate Trust announced it has entered into an agreement to acquire a fully leased single tenant, income producing industrial property for a total purchase price of $7.28 million. The property is located at 230 Barmac Drive, in North York, Ontario, has a total rentable area of 118,225 square feet and is 100% [...]
Oxysonix acquires certain Air Pure Systems’ assets
Oxysonix Corp., a subsidiary of Adarna Energy Corp., announced that it has acquired certain assets of Air Pure Systems LLC. The acquired-assets include U.S. patent application numbered 13/057,596 and related intellectual properties involving methods and devices for increasing liquid fuel combustion efficiency. Oxysonix issued APS 20,000 shares of its series 1 preferred stock in exchange [...]
NorthWest Healthcare Properties acquires medical office, retail property in Alberta
NorthWest Healthcare Properties Real Estate Investment Trust announced that it has completed the acquisition of Willow Brook Medical Centre, a 34,800 square foot medical office and retail property in Airdrie, Alberta. The purchase is expected to be immediately accretive, the company said. The Willow Brook Medical Centre has quickly become a prominent healthcare property in [...]
Oracle acquires Taleo
Oracle Corp. said it has completed the acquisition of Taleo. The company did not disclose financial details. “Taleo’s leading cloud-based offerings support the talent management and recruiting efforts of some of the world’s largest and most demanding companies, provide insight into how people strategies impact their businesses, deliver intuitive ease of use, scalability, and uptime, [...]
Behringer Harvard acquires office property in Berlin, Germany
Behringer Harvard announced that it has acquired Alte JakobstraBe 79-80, a multitenant office property in the central business district of Berlin, Germany. Alte JakobstraBe 79-80 is located in the Mitte district of Berlin, an emerging city center in the historical heart of Berlin that once formed the nucleus of the former East Berlin. In addition [...]
ASSA ABLOY acquires Traka Plc
ASSA ABLOY has acquired Traka Plc in the United Kingdom. Financial terms of the deal were not disclosed. Traka, based in Olney near Milton Keynes, U.K, employs 92 people. It is a leader in the fast growing segment of intelligent key cabinets and asset management solutions. “I am very pleased to welcome Traka into the [...]
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