Streetbeat News

Acquisitions Mergers

VOD

The British regulator has indicated that the $19.5 billion merger between Vodafone and Three could proceed if certain remedies are adopted. This development is significant for Vodafone as it could impact its market position and financial performance.

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November 05, 2024 | 12:30 pm

CRGY

Crescent Energy is focusing on the Eagle Ford region with recent acquisitions, including SilverBow's natural gas production. Current financials are affected by acquisition costs, but future reports may show clearer results. The acquisitions offer potential upside as natural gas prices recover.

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November 05, 2024 | 12:30 pm

LILM

German air-taxi maker Lilium, facing a cash crisis and potential insolvency, has hired KPMG to explore merger and acquisition options.

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November 05, 2024 | 12:30 pm

TPG

TPG has shown strong performance, outpacing the S&P500, supported by a successful IPO and robust balance sheet. The acquisition of Angelo Gordon has increased TPG's assets under management to $239 billion, positioning it for continued growth despite economic risks.

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November 05, 2024 | 12:30 pm

QCCUF

QC Copper and Gold Inc. has received over 90% shareholder approval from Cuprum Corp. for their merger, expected to close in December 2024. This positions QC Copper as Eastern Canada's largest copper developer, and the company will rebrand as XXIX Metals Corp. post-merger.

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November 05, 2024 | 12:30 pm

DLAKY

Italy's Treasury has paused the deal between ITA Airways and Lufthansa due to claims that Lufthansa wants to pay less than the agreed amount for a minority stake in ITA.

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November 05, 2024 | 12:30 pm

AZPN

EMR

Emerson Electric has proposed to acquire the remaining shares of AspenTech for $240 per share in cash.

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November 05, 2024 | 12:30 pm

FIS

One Equity Partners has completed the sale of Dragonfly Financial Technologies to FIS, a significant move in the financial technology sector.

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November 05, 2024 | 12:30 pm

OFIX

A class action lawsuit has been filed against Orthofix Medical Inc. and certain officers and directors, related to the merger with SeaSpine Holdings Corporation. The lawsuit alleges violations of federal securities laws and seeks damages for affected investors.

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November 05, 2024 | 12:30 pm

ADBE

The article discusses the financial flexibility of Berkshire Hathaway and speculates on potential acquisition targets for Warren Buffett, including Adobe (ADBE).

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November 05, 2024 | 12:30 pm