Streetbeat News

Acquisitions Mergers

BTTR

Better Choice Company has announced its plans to expand into veterinary medicine by 2025, following the acquisition of SRx Health. This strategic move aims to enhance their product offerings and market reach.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 11:39 am

BLK

FDFF

NITE

BlackRock, Inc. (NYSE:BLK) reported strong Q3 earnings, with revenue and EPS beating expectations. The company's AUM reached $11.5 trillion, driven by significant net inflows and market movements. BlackRock also completed the acquisition of Global Infrastructure Partners, enhancing its private markets capabilities.

Portfolio Pulse from Lekha Gupta

October 11, 2024 | 11:25 am

AGBA

AGBA and Triller are set to complete their merger on October 14, 2024, pending final Nasdaq approval. The merger will involve a reverse stock split for AGBA to comply with Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 11:04 am

BRKR

Bruker Corporation has announced the formation of a new division called Bruker Spatial Biology. This division will integrate the businesses of NanoString Technologies and Canopy Biosciences, along with Bruker Spatial Genomics, formerly known as Acuity Spatial Genomics.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 11:02 am

BLK

BlackRock, Inc. (NYSE:BLK) is set to release its Q3 earnings on Oct. 11, with expected earnings of $10.38 per share and revenue of $5.01 billion. Analysts have recently adjusted their price targets for BlackRock, with several maintaining positive ratings. The company also completed the acquisition of Global Infrastructure Partners.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 7:24 am

IVCA

Investcorp India Acquisition Corp. (IVCA) is advancing a $275 million business combination with Bigtincan, leading to the delisting of Bigtincan (BTH) from the ASX. The transaction aims to enhance Bigtincan's position in sales enablement and AI technologies.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:18 am

MT

NPSCY

X

Nippon Steel is selling its stake in the Calvert joint venture to ArcelorMittal for $1, as part of its strategy to acquire US Steel. The transaction is contingent on the completion of Nippon Steel's acquisition of US Steel, which is subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:14 am

SNY

Sanofi is in talks to sell a 50% controlling stake in Opella to CD&R. Opella, a major player in the OTC and vitamins market, operates globally with a strong brand portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:02 am

BERY

GLT

Berry Global and Glatfelter have increased their senior secured notes offering to $800 million ahead of their strategic merger into Magnera. This reflects a $300 million increase from the previously announced $500 million offering.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:55 am

DISH

SATS

EchoStar has launched exchange offers and consent solicitations for DISH Network's convertible senior notes, achieving a key milestone in its balance sheet optimization. Over 90% of DISH's $5 billion convertible notes are now supported by existing stakeholders, satisfying the minimum tender condition.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:09 am