 |
Joele Frank, Wilkinson Brimmer Katcher is handling Broadcom’s $19B deal to acquire CA Technologies, information technology management software company.
The move follows Broadcom’s unsuccessful takeover bid for Qualcomm, a deal blocked by the Committee on Foreign Investment in the US.
Broadcom, which has relocated its headquarters from Singapore to San Jose, views CA “as an important building block as we create one of the world’s leading infrastructure technology companies,” according to a statement from CEO Hock Tan.
The $44.50 per-share cash offer for New York-based CA is a 20 premium over its July 11 closing stock price.
The deal is expected to close by the end of the year.
Joele Frank, Steve Frankel and Andi Rose are working the deal.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
