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Deal of the Week: Enbridge to acquire remainder of Spectra MLP in $3.3B deal

The deal, which is expected to close in the fourth quarter of 2018, comes about 18 months after Enbridge completed its acquisition of Houston-based Spectra Energy Corp......»»

Category: topSource: bizjournalsAug 31st, 2018

Deal of the Week: Ronald McDonald House Houston receives its largest gift ever

Global biopharmaceutical company AbbVie Inc. (NYSE: ABBV) is donating $100 million to Chicago-based Ronald McDonald House Charities, and the Houston chapter will receive a piece......»»

Category: topSource: bizjournalsAug 24th, 2018

Houston seismic data equipment manufacturer buys security co.

Houston-based Geospace Technologies Corp. (Nasdaq: GEOS) has acquired Quantum Technology Services Inc., according to a July 30 press release.  A filing with the U.S. Securities and Exchange Commission states that the deal closed July 27. Geospace paid a.....»»

Category: topSource: bizjournalsJul 31st, 2018

Deal of the Week: Dallas bank to acquire Houston"s Green Bancorp in $1B deal

The deal is expected to close in the first quarter of 2019 and create the 10th-largest Texas-based banking institution by market share......»»

Category: topSource: bizjournalsJul 27th, 2018

Manufacturer focused on entertainment industry opens North American HQ in Houston area

The Netherlands-based Prolyte Group, which manufactures hardware and structural products for the entertainment industry, is establishing its North American headquarters in Pearland. Prolyte has 249 employees companywide, and about 30 of them — .....»»

Category: topSource: bizjournalsJul 25th, 2018

Deal of the Week: Gulf of Mexico-focused energy co. to be acquired after eventful few years

Houston-based Energy XXI Gulf Coast Inc. .....»»

Category: topSource: bizjournalsJun 22nd, 2018

New York textile executive returns to Palm Beach with $10M deal

Loic de Kertanguy, the president of New York-based textile manufacturer J.B. Martin, and wife Rebecca de Kertanguy have returned to Palm Beach with a $10.4 million home purchase three years after they sold their previous home in the wealthy town. .....»»

Category: topSource: bizjournalsJun 19th, 2018

Deal of the Week: Coca-Cola bottler to build $250M production, distribution facility in Houston

Dallas-based Coca-Cola Southwest Beverages, a subsidiary of Mexico-based Coca-Cola bottler Arca Continental, will build a new production and distribution facility in Houston. It will be the first Coca-Cola production plant built in the U.S. in 10 years......»»

Category: topSource: bizjournalsJun 8th, 2018

Houston"s Cadence sells insurance business to Florida firm

Just a few weeks after announcing that it will acquire State Bank Financial Corp., Cadence Bancorporation (NYSE: CADE) has sold its insurance arm. Tampa, Florida-based Baldwin Krystyn Sherman Partners, or BKS-Partners, closed on a deal June 1 to purch.....»»

Category: topSource: bizjournalsJun 4th, 2018

South Brooklyn apartment building sells for $32M

A six-story apartment building in South Brooklyn traded hands for nearly $32 million last week. Queens-based R & C Management Company sold 2355 East 12th Street in Sheepshead Bay to Jonas Properties, a Brookl.....»»

Category: realestateSource: realestateweekly24 min. ago

Mining Expert Says Major Gold Jackpot In Australia Is The Real Deal

Earlier this week Toronto-based junior miner Royal Nickel Corp. (TSX: RNX) discovered a “mother lode” of gold jackpot in Australia, totaling.....»»

Category: blogSource: valuewalkSep 18th, 2018

Cyanotech to purchase Cellana"s Hawaii R&D facility

Microalgae-based nutrition and health products manufacturer Cyanotech Corp. agreed to purchase Cellana’s six-acre production and research facility in Kona. The facility, known as the Kona Demonstration Facility, is located adjacent to Cyanotech's e.....»»

Category: topSource: bizjournalsSep 11th, 2018

Stewart acquires Tennessee co., shareholders approve $1.2B Fidelity deal

Houston-based real estate services company Stewart Information Services Corp. (NYSE: STC) has acquired a Brentwood, Tennessee-based title company is it moves closer to completing a much bigger deal. Stewart announced Sept. 4 that it acquired Sout.....»»

Category: topSource: bizjournalsSep 7th, 2018

Cybex recalls weightlifting gear after paralysis, other serious injuries

Owatonna-based fitness equipment manufacturer Cybex has recalled 15,000 pieces of weightlifting racks, noting that the weight bar can fall on the user.  The Star Tribune reports on the recall, announced this week by Cybex and the U.S. Consumer Produc.....»»

Category: topSource: bizjournalsAug 31st, 2018

Commercial real estate firm expands into Texas with Houston office

Michigan-based Friedman Real Estate has opened its first office in Texas. The Houston office opened the first week of July and is overseen by Mark Zeidman, vice president of brokerage services. Zeidman joined Friedman in May after serving as chief lendin.....»»

Category: topSource: bizjournalsAug 27th, 2018

Blush bought for $15M

A Houston-based company is buying Blush Gentlemen’s Club & Sports Bar for $15 million in a deal expected to be completed by Oct. 31. A subsidiary of RCI Hospitality Holdings Inc. has signed a definitive agreement to acquire the assets of Blush in.....»»

Category: topSource: bizjournalsAug 21st, 2018

Sears and Stanley Black & Decker each to sell popular Craftsman tools

Sears and Stanley Black & Decker will go head to head selling the well-known Craftsman tool brand. Hoffman Estates, Illinois-based Sears sold its Craftsman brand to Stanley Black & Decker for $900 million in 2017 in a deal that allowed Sears to continu.....»»

Category: topSource: bizjournalsAug 20th, 2018

Zum Bar-maker Indigo Wild sells majority stake to PE firm

Kansas City's Indigo Wild, which has built an unwavering following with its organic and natural products for the home and body, has sold a majority stake to private equity firm Hammond Kennedy Whitney & Co. Inc. (HKW). Financial details of the deal, whic.....»»

Category: topSource: bizjournalsAug 16th, 2018

Devon Energy selling Delaware Basin properties to Houston co. for $215M

Houston-based Carrizo Oil & Gas Inc. (Nasdaq: CRZO) will buy properties in the Delaware Basin portion of the Permian Basin from Oklahoma-based Devon Energy Corp. (NYSE: DVN) for $215 million. The deal is expected to close in the fourth quarter of 2018.....»»

Category: topSource: bizjournalsAug 15th, 2018

Emergent BioSolutions to acquire cholera and typhoid vaccines

The $270 million deal is the latest aggressive move for the Maryland-based company as it seeks to become a $1 billion pharmaceutical manufacturer......»»

Category: topSource: washpostAug 12th, 2018