Data Analyst Katrin Kostadinova highlights the most significant financial and corporate legal deals announced or closed in the last week.
Americas
Starting this week with a deal from the United States, Gilead Sciences has acquired Kite Pharma for $11.9 billion in an all-cash deal. The acquirer’s business has been based on hepatitis C drugs but sales have been decreasing recently.
In a cross-border deal between the United States, Switzerland and Japan, Nikkiso Company has acquired Cryogenic Industries for $483 million. Cryogenic Industries is an engineering and manufacturing company that works with cryogenic equipment.
Hewitt Group has been acquired for C$1.02 billion by Toromont Industries. The acquisition is part of Toromont’s expansion in the heavy equipment dealers sector in Canada and will be funded through cash and shares.
Advisory Board Company has sold its education business to Vista Equity Partners and its healthcare business to UnitedHealth Group Optum for an aggregated amount of $2.58 billion. This is the latest in a string of recent acquisitions by Optium.
Asia-Pacific
In Singapore, Olam Holdings secured a $1 billion revolving credit facility in three tranches. This is the first credit facility that has been guaranteed by Olam in Europe.
Europe, Middle East and Africa (EMEA)
In Ireland Sky Aircraft Leasing International has undertaken a $780 million aircraft lease portfolio securitisation. 21 aircraft were part of the portfolio that are lent to 16 different airlines. Sky Aircraft Leasing International will service the portfolio.
In the United Kingdom, Leonard Green & Partners has acquired CPA Global, an IP management and technology company for £2.4 billion, from Cinven. This is the second sale recently made by Cinven after it also sold HEG to GoDaddy for €1.69 billion in 2016.
In the real estate sector, Punch Taverns has been acquired by Patron Capital and Heineken for £1.8 billion. After the acquisition Patron Capital will own approximately 1300 pubs and Heineken will be the owner of almost 1900 ones.