Key deals this week: Gildan Activewear, Western Union, Sapiens, Perplexity, Teladoc Health and more

Published 2 months ago Positive
Key deals this week: Gildan Activewear, Western Union, Sapiens, Perplexity, Teladoc Health and more
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Here's a list of key deals reported across sectors this week:

Gildan Activewear (NYSE:GIL [https://seekingalpha.com/symbol/GIL]) has agreed [https://seekingalpha.com/news/4484456-gildan-activewear-to-acquire-hanesbrands] to acquire HanesBrands (NYSE:HBI [https://seekingalpha.com/symbol/HBI]) in a deal that implies an equity value of ~$2.2 billion and an enterprise value of ~$4.4 billion for HanesBrands.

Western Union (NYSE:WU [https://seekingalpha.com/symbol/WU]) said Sunday it agreed to acquire [https://seekingalpha.com/news/4482959-western-union-to-buy-international-money-express-in-500m-deal] International Money Express (NASDAQ:IMXI [https://seekingalpha.com/symbol/IMXI]) for $16/share in cash, representing a total enterprise value of ~$500M and a ~50% premium to Intermex's 90-day volume-weighted average price.

Teladoc Health (NYSE:TDOC [https://seekingalpha.com/symbol/TDOC]) has acquired [https://seekingalpha.com/news/4486127-teladoc-stock-focus-telecare-buyout] Telecare, an Australia-based operator of virtual care clinics and a provider of software solutions to the healthcare sector, the U.S. telehealth company has announced.

Workday (NASDAQ:WDAY [https://seekingalpha.com/symbol/WDAY]) said on Thursday that it has acquired [https://seekingalpha.com/news/4485664-workday-acquires-flowise-bringing-ai-agent-builder-capabilities-to-the-workday-platform] Flowise, a low-code platform that makes it easy to build AI agents—from simple chatbots to complex automated workflows.

Sapiens International (NASDAQ:SPNS [https://seekingalpha.com/symbol/SPNS]) has entered into a definitive agreement to be acquired [https://seekingalpha.com/news/4484404-sapiens-to-be-acquired-by-advent-for-25-billion] by Advent for $43.50 per share in an all-cash deal that values the insurance software firm at an equity value of about $2.5 billion, sending shares up 41% in premarket trading.

Perplexity is reportedly [https://seekingalpha.com/news/4484006-ai-firm-perplexity-makes-34_5b-bid-for-googles-chrome-browser-wsj] making a $34.5B bid to take over Google's (NASDAQ:GOOG [https://seekingalpha.com/symbol/GOOG]) (NASDAQ:GOOGL [https://seekingalpha.com/symbol/GOOGL]) dominant Chrome Web browser -- a key piece of the search giant that has been considered for a forced regulatory split in ongoing antitrust court proceedings.

Tegna (NYSE:TGNA [https://seekingalpha.com/symbol/TGNA]) may see $22 a share in a possible [https://seekingalpha.com/news/4483241-tegna-may-see-22share-in-potential-sale-to-nexstar---analyst] sale to Nexstar (NASDAQ:NXST [https://seekingalpha.com/symbol/NXST]) after reports late Friday about takeover talks, according to a Wells Fargo analyst.

WideOpenWest (NYSE:WOW [https://seekingalpha.com/symbol/WOW]) surged nearly 48% in extended [https://seekingalpha.com/news/4483547-wideopenwest-to-be-taken-private-by-digitalbridge-group-and-crestview-partners-in-15b-transaction] trading on Friday after it announced that it has entered into an agreement to be taken private by DigitalBridge Group and Crestview Partners in a $1.5 billion transaction.

MORE ON M&A TICKERS, ETC.

* Alphabet Rewrites The AI Playbook [https://seekingalpha.com/article/4813642-alphabet-rewrites-ai-playbook]
* Gildan Activewear And Hanesbrands Tie The Knot [https://seekingalpha.com/article/4813384-gildan-activewear-stock-hanesbrands-acquisition-significant-cost-savings]
* After Revisiting Google's Moat, I've Decided To Never Sell Again [https://seekingalpha.com/article/4813129-after-revisiting-googles-moat-ive-decided-to-never-sell-again]
* Catalyst Watch: Eyes on Jackson Hole, Walmart report, Google event, and Foot Locker-Dick's vote [https://seekingalpha.com/news/4484831-catalyst-watch-eyes-on-jackson-hole-walmart-report-google-event-and-foot-locker-dicks-vote]
* SA Asks: Can Tesla's robotaxi service beat Waymo? [https://seekingalpha.com/news/4485820-sa-asks-can-teslas-robotaxi-service-beat-waymo]