Streetbeat News

Acquisitions Mergers

X

The U.S. Treasury has informed Nippon Steel that the panel reviewing its proposed purchase of U.S. Steel has not yet reached an agreement on addressing security concerns.

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December 15, 2024 | 2:30 am

INTC

Intel's CEO has been replaced, and the new management team is contemplating selling parts of the business. This significant leadership change could impact Intel's strategic direction and financial performance.

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December 14, 2024 | 5:45 pm

CTLT

Novo Holdings' $16.5 billion acquisition of Catalent has met all regulatory conditions, with the transaction expected to close soon.

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December 14, 2024 | 5:00 pm

AEM

Agnico Eagle Mines is highlighted as a leading gold miner due to its strategic acquisitions, cost control, and strong free cash flow. The recent acquisition of O3 Mining for C$204 million is expected to enhance its operations and offer synergy opportunities, despite challenges like gold price volatility and geopolitical risks.

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December 14, 2024 | 1:45 pm

HSY

Hershey Co. (NYSE: HSY) stock rallied despite the rejection of a takeover bid, driven by unexpected news. This comes amid rising cocoa prices and a general disinterest in consumer staples stocks.

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December 14, 2024 | 1:00 pm

WTI

W&T Offshore is reducing debt and generating positive cash flow, making it an attractive investment. The company is focusing on acquisitions in the Gulf of Mexico and improving drilling efficiency to increase reserves and cash flow. Despite risks, its valuation suggests significant undervaluation.

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December 14, 2024 | 9:30 am

HSY

MDLZ

Hershey (HSY) is in the spotlight due to rumors of a buyout offer from Mondelez (MDLZ). Hershey's stock saw a significant rise following the news, but investors are cautioned against high expectations.

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December 14, 2024 | 9:15 am

LCID

Lucid (LCID), a luxury EV producer, went public via a SPAC merger on July 26, 2021, with its stock opening at $25.24.

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December 14, 2024 | 9:00 am

DPZ

Domino's Pizza Group is expanding through acquisitions in Ireland and Poland, improving franchise profitability despite slow UK market growth. Financial results show stable sales but declining corporate revenues.

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December 14, 2024 | 6:30 am

HROW

Harrow has relaunched Triesence, a preservative-free corticosteroid, to meet a critical need in ophthalmology. The product's unique formulation offers a safer alternative to existing treatments, positioning Harrow for significant market growth.

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December 14, 2024 | 5:30 am