Streetbeat News

Acquisitions Mergers

TGT

Hanwha Life, a South Korean insurance company, is set to acquire a 75% stake in Velocity Clearing, a U.S.-based financial services firm. This marks the first time a Korean insurance company has acquired a controlling interest in a foreign brokerage firm.

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November 20, 2024 | 2:15 pm

HTOO

ILUS has agreed to swap its majority stake in Quality Industrial Corp. for a future majority stake in Fusion Fuel Green. This involves Fusion Fuel acquiring a 69.36% stake in Quality Industrial Corp. and ILUS receiving a 55.38% stake in Fusion Fuel, pending shareholder approval and Nasdaq listing clearance.

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November 20, 2024 | 2:15 pm

AGRI

AgriFORCE has announced a shift in its business model following the acquisition of a Bitcoin mining facility. The company aims to reduce environmental impact while generating multiple revenue streams.

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November 20, 2024 | 2:15 pm

FLEX

Flex has completed its $325 million acquisition of Crown Technical Systems, enhancing its presence in the power distribution and protection systems market. This acquisition is expected to increase Flex's exposure to high-growth markets and expand its power portfolio.

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November 20, 2024 | 2:15 pm

GCMG

AGT Food and Ingredients Inc. has sold its shortline rail and bulk handling infrastructure, including Mobil Grain Ltd., to GCM Grosvenor. The financial terms of the deal were not disclosed.

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November 20, 2024 | 2:15 pm

YYAI

Connexa Sports Technologies Inc. (Nasdaq:YYAI) issued a correction notice regarding a previous press release about receiving Nasdaq approval to acquire Yuanyu Enterprise Management.

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November 20, 2024 | 2:15 pm

BAH

Booz Allen Hamilton has made a strategic investment in Reality Defender, a cybersecurity company specializing in deepfake detection, to enhance its AI and cybersecurity capabilities.

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November 20, 2024 | 2:15 pm

MMSI

Merit Medical Systems, Inc. (MMSI) has seen a 37.9% increase in its stock price year-to-date, driven by strong growth momentum, a robust product portfolio, and recent acquisitions, positioning it well in competitive healthcare markets.

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November 20, 2024 | 2:15 pm

SSPLF

Safe Supply Streaming Co Ltd. has completed the acquisition of Drug Lab 118 Ltd., acquiring 100% of its shares.

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November 20, 2024 | 2:00 pm

DLTA

Golden Share Resources Corporation has entered into a Property Purchase Agreement with Delta Resources Limited, allowing Delta to earn a 100% interest in the Elwood property. Additionally, Golden Share has extended its Share Exchange Agreement with Lipari Diamond Ltd.

Portfolio Pulse from

November 20, 2024 | 1:45 pm