BofA Securities

Wilmington, Del. — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and cleaning products and technology. With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturing facilities and more than 15,000 employees. Headquartered in Wilmington, Del., Solenis was acquired by Platinum Equity in 2021. Bain …

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Ankeny, Iowa — Casey’s General Stores, Inc., a leading convenience store chain in the United States, has agreed to acquire 40 Pilot convenience stores from Pilot Corporation in an all-cash transaction for $220 million. The 40 Pilot stores will extend Casey’s presence in Tennessee and Kentucky with well-established locations primarily in the Knoxville, Tenn., market. “These stores have a track record of strong performance, and are high quality assets that will be a great fit for Casey’s fresh food program, especially our handmade pizza,” says Darren Rebelez, president and chief …

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San Francisco — Gap Inc. has entered into an agreement to sell Janie and Jack, a leader in premium children’s fashion with about 115 stores, to Go Global Retail, an investment platform in the fashion and consumer brand sector. Go Global Retail intends to acquire the entire Janie and Jack business, including the e-commerce platform, all store leases and assets. “We are thrilled to acquire an incredible brand like Janie and Jack from the Gap. Our plan is to expand the company’s digital capabilities and accelerate online growth globally,” says …

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