Mergers & Acquisitions Cheat Sheet: Immucor and Western Union Lead the Way

The Cheat Sheet

Energy Transfer Equity (NYSE:ETE) has increased its bid for Southern Union (NYSE:SUG) to $8.9 billion, or $40 a share, from its original offer of $7.9 billion, including $5.1 billion in cash. The offer tops Williams’ Companies (NYSE:WMB) $8.7 billion bid.

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Immucor (NASDAQ:BLUD) will be acquired by TPG Capital in a $1.79 billion deal, at $27 a share. Immucor makes equipment used to test blood prior to transfusions.

Worthington Industries (NYSE:WOR) will acquire Newell Rubbermaid ‘s (NYSE:NWL) BernzOmatic unit, which makes retail torches, solder irons, and accessories. Last year, BernzOmatic brought in $100 million in revenue.

Western Union (NYSE:WU) will acquire Travelex Global Business Payments for £606 million in cash. The company specializes in providing international business payments. The acquisition will allow Western Union access to the growing international market.

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