Kimco Sells Portion of Albertsons Stake After Kroger-Albertsons Merger Announcement

Kimco Realty Acquires RPT Realty

January 2, 2024

Real Estate

Kimco Realty completed its previously announced all-stock acquisition of RPT Realty, adding 56 open-air shopping centers (13.3 million sq. ft.) to Kimco's portfolio and assuming RPT debt and preferred stock. The transaction is expected to deliver approximately $34 million of initial cost savings synergies (≈85% realized in 2024) and increase scale in high-growth markets while preserving Kimco's balance sheet strength.

Kellermeyer Bergensons Services (KBS) Acquires Kimco Facility Services

April 4, 2022

Industrial Services

Kellermeyer Bergensons Services (KBS), a portfolio company of Cerberus Capital Management, has acquired Kimco Holdings, LLC and Kimco Facility Services, LLC, a national provider of commercial cleaning and facility maintenance headquartered in Atlanta. The add-on expands KBS' scale and capabilities across business and industrial end markets and marks KBS' 15th acquisition in four years as it strengthens its position as the largest privately held facility services company in North America.

HNI Corporation Acquires Kimball International

June 1, 2023

Manufacturing

HNI Corporation has completed the acquisition of Kimball International in a cash-and-stock transaction valued at approximately $485 million. The deal combines two commercial furnishings businesses to create a larger platform with broader product offerings and expected cost synergies.

ConocoPhillips Acquires Marathon Oil Corporation

May 29, 2024

Energy

ConocoPhillips has acquired Marathon Oil Corporation in an all-stock transaction (0.2550 COP shares per Marathon share) with an enterprise value of $22.5 billion (including $5.4 billion of net debt). The deal, approved by Marathon shareholders and completed in November 2024, expands ConocoPhillips' U.S. Lower 48 portfolio, is immediately accretive, and is expected to deliver significant cost and capital synergies.

Elanco Acquires Kindred Biosciences

June 16, 2021

Biotechnology

Elanco Animal Health acquired all outstanding stock of Kindred Biosciences for $9.25 per share (approximately $440–444 million), strengthening Elanco's biologics and monoclonal antibody R&D capabilities. The deal adds KindredBio's pipeline — including three potential dermatology blockbusters expected through 2025 — and is expected to contribute roughly $100 million to Elanco's innovation revenue outlook by 2025.

Sunoco LP Acquires Parkland Corporation

October 31, 2025

Oil & Gas

Sunoco LP, through its purchaser 2709716 Alberta ULC, completed the acquisition of Parkland Corporation on October 31, 2025. Parkland shareholders received a mix of cash and units in SunocoCorp (with aggregate consideration of approximately C$3.46 billion and 51,517,198 SunocoCorp units), and Parkland shares are being withdrawn from the Toronto Stock Exchange while SunocoCorp units will begin trading on the New York Stock Exchange.