Mergers and acquisitions
Mergers and acquisitions involving Minnesota companies that were announced in the past week.
Date location location Description9/17 Quadion Corp. Norwest Equity Partners Norwest Equity Partners has acquired Quadion Corp., doing Minneapolis Minneapolis business as Minnesota Rubber & Plastics, a provider of rubber and plastic molded components and assembly products. 9/18 Healthsense Inc. Multiple investors Healthsense, a provider of technology products to assist care Mendota Heights providers, has raised $7 million in venture capital funding. 9/19 Torax Medical Inc. Multiple investors Torax Medical has completed a $30 million round of financing St. Paul from investors led by Piper Jaffray Merchant Banking and including Thomas McNerney & Partners and Mayo Medical Ventures, to expand commercialization efforts for its sphincter augmentation products. 9/19 BridgePoint Medical Inc. Boston Scientific Corp. Boston Scientific will acquire BridgePoint, a developer of a Plymouth Natick, Mass. catheter-based system to treat coronary chronic total occlusions. 9/19 Andali Operacoes Industriais SA CHS Inc. CHS has acquired a Brazilian storage and warehousing Paranagua, Brazil Inver Grove Heights services provider focusing on bulk fertilizer products. 9/20 DynAgra Corp. CHS Inc. CHS will acquire a Canadian agriculture retail and Beiseker, Alberta Inver Grove Heights marketing services provider. 9/21 Mitchell's Oil Field Services Inc. John Wood Group PLC John Wood Group PLC will acquire Mitchell's Oil Field Sidney, Mont. Aberdeen, Scotland Services, a provider of maintenance, installation and fabrication services for the oil and gas industry, from Stone Arch Capital, a Minneapolis-based private equity group, for $135 million.
More from Star Tribune
More From Business
President Donald Trump, the author of the best-selling book, "The Art of the Deal," is about to see his deal-making abilities ratified in a legislative showdown on the House floor — or dramatically rebuffed.
Republican House leaders delayed a planned vote Thursday on a bill to repeal and replace the Affordable Care Act, also known as "Obamacare," because they lacked the votes. The delay was a stinging setback for President Donald Trump and Speaker Paul Ryan, R-Wis. After meeting behind closed doors with Trump administration officials Thursday night, House Republicans agreed to vote on the bill Friday.
With control of the White House and Senate and a commanding majority in the House, Republicans were supposed to brush off any challenge from the hardline Freedom Caucus and work their will with impunity.
In a gamble with monumental political stakes, Republicans set course for a climactic House vote on their health care overhaul after President Donald Trump claimed he was finished negotiating with GOP holdouts and determined to pursue the rest of his agenda, win or lose.
The Trump administration will approve the Keystone XL pipeline on Friday, senior U.S. officials say, ending years of delay for a project that has served as a flashpoint in the national debate about climate change.