Weekly wrap: CenterOak, KKR, Thompson Street

TargetAcquirerValue ($millions)SynopsisCoty-Prof Beauty BusKKR & Co Inc3,000.0KKR & Co Inc (KKR) signed a Memorandum of Understanding {MOU} to acquire a 60% ownership interest in Professional Beauty & Retail Hair businesses of Coty Inc (Coty), a New York City-based manufacturer and wholesaler of beauty products, owned by JAB Cosmetics BV, for an estimated $ 3 billion in cash, in a leveraged buyout transaction. Concurrently, KKR definitively agreed to acquire preferred shares convertible into undisclosed minority stake in Coty. Originally, in October 2019, Coty announced that it was seeking a buyer for its Professional Beauty Business & Associated Hair & Nail Brands. Henkel AG & Co KGaA, Unilever Plc, Colgate- Palmolive Company, Advent International, Blackstone Group Inc, and CVC Capital Partners and BC Partners were rumored as potential bidders.Alacer Gold CorpSSR Mining Inc1,733.7SSR Mining Inc of Canada (SSR) definitively agreed to merge with Alacer Gold Corp (Alacer), an Englewood-based gold and mineral mining company, in a stock swap transaction valued at $ 1. 734 bil, via scheme of arrangement, via merger of equals. SSR offered 0.3246 common share per Alacer share. Based on SSR’s closing stock price of $ 18.118 on 8 May 2020, the last full trading day prior to the announcement, each Alacer share was valued at $ 5.881. Upon completion, SSR and Alacer shareholders were to own 57% interest and 43% stake in the merged entity, respectively.Uniti Group Inc-Wireless TowerMelody Investment Advisors LP220.0Melody Investment Advisors LP acquired a 90% ownership interest in wireless tower business of Uniti Group Inc, a Little Rock-based lessor of real estate property, for an estimated $ 220 million in cash, in a leveraged buyout transaction.Ten-X LLCCoStar Group Inc190.0CoStar Group Inc agreed to acquire Ten-X LLC, an Irvine-based provider of professional services, for a total $ 190 million in cash.IDaptive LLCCyberArk Software Ltd70.0

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