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TRANSPORT'S MERGERS & ACQUISITIONS * WORLDWIDE
US Domestic Deals - Strategic Buyers
14 July - Republic Services, Inc. has rejected Waste Management, Inc.'s offer to acquire the company for $7.9 billion. Based in Fort Lauderdale, FL, Republic provides nonhazardous solid waste collection and disposal services. Republic had TTM Revenue of $3.2 billion and TTM EBITDA of $880.8 million.
17 July - FirstEnergy Corp. announced the acquisition of a 45% interest in Bull Mountain's 35-mile rail spur running from the mine to the BNSF mainline at Broadview, MT. Terms were not disclosed.
17 July - UNEV Pipeline, LLC has acquired Musket Corporation's Terminal and Rail Facilities based in Cedar City, UT for $9.8 million.
International Deals
* China - 14 July - Liupanshui Hidili Industry Co., Ltd. announced the acquisition of 37% of Panxian Panying Logistic Distribution Company Limited for $8.3 million. Based in China, Panxian Panying manages coal warehouses and provides railway logistics services.
* Australia - 17 July - Axon Group plc has acquired Consulting Principles Pty. Ltd. for $6.3 million. Consulting Principles provides supply chain and logistics SAP consulting services in Australia.
* Indonesia - 17 July - PT Dayaindo Resources International, Tbk. has acquired PT Karya Citra Danau Kalimantan for $14.2 million. Based in Indonesia, PT Karya provides ocean freight Transportation.
posted by Unknown @ 4:59 AM
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