Streetbeat News

Acquisitions Mergers

IGTA

Inception Growth Acquisition Limited (IGTA) and AgileAlgo Holdings Limited have announced the execution of a definitive business combination agreement. The details of the agreement were not disclosed in the article.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:04 am

SLI

Standard Lithium has acquired a large parcel of land for its South West Arkansas Project. The acquisition will allow the company to expand its lithium extraction operations.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 10:02 am

SWVL

Swvl Holdings Corp (NASDAQ:SWVL) has sold its subsidiary, Urbvan Mobility Ltd., to Kolors Inc. for $12 million. The sale is part of Swvl's strategy to focus on higher priority markets. Urbvan constituted 4% of Swvl's IFRS revenues as of September 30, 2022, and approximately 7% of Swvl's IFRS revenues as of December 31, 2022.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:53 am

VFS

Vietnamese EV maker VinFast Auto (NASDAQ:VFS) plans to expand into seven additional market clusters, including Indonesia, starting in 2024. The company also intends to establish manufacturing facilities for its EVs and batteries in Indonesia, with a preliminary investment target of up to $1.2 billion. VinFast shares started trading on the Nasdaq in August following a SPAC merger with Black Spade Acquisition Co.

Portfolio Pulse from Anan Ashraf

September 13, 2023 | 7:00 am

GOOG

GOOGL

Elon Musk advised GOP presidential candidate Vivek Ramaswamy to post his podcasts directly on Twitter, now rebranded as X, which Ramaswamy did. Musk, who acquired Twitter for $44 billion in October last year, highlighted the potential benefits of posting content directly on X. Ramaswamy initially posted his podcast on Alphabet Inc.’s YouTube. A survey suggested that 33% of U.S. adults prefer YouTube as their chosen podcast platform.

Portfolio Pulse from Ananya Gairola

September 13, 2023 | 2:29 am

FATP

FATPU

Fat Projects Acquisition has announced its intention to extend the deadline for completing its business combination to October 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:51 pm

XWEL

XWELL has acquired Naples Wax, LLC for $1.5 million.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:32 pm

ACAC

Acri Capital Acquisition Corporation (ACAC) has announced an extension of the deadline for an initial business combination from September 14 to October 14.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:21 pm

CMCSA

TMUS

T-Mobile has announced plans to acquire spectrum in the 600 MHz band from Comcast for a total cash consideration of between $1.2 billion and $3.3 billion.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:09 pm

COIN

Coinbase Global Inc (NASDAQ: COIN) is investing in Truflation, a provider of verifiable economic data, as part of its support for Web3 and Blockchain technologies. Coinbase is also advocating for standardized crypto regulations at the upcoming G20 summit.

Portfolio Pulse from Khyathi Dalal

September 12, 2023 | 7:40 pm