Streetbeat News

Acquisitions Mergers

ABCM

Abcam is exploring strategic alternatives, including a potential sale of the company, following multiple strategic inquiries from various parties in recent weeks.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 12:03 pm

AACI

Rezolve AI Limited has filed a registration statement on Form F-4 to become publicly traded in connection with its proposed business combination with Armada Acquisition Corp. I (AACI).

Portfolio Pulse from Bill Haddad

June 23, 2023 | 12:01 pm

CFMS

Conformis, Inc. (NASDAQ:CFMS) is set to be acquired by medical device firm restor3d for $2.27 per share in cash, a 96% premium to its closing price on June 22, 2023. The deal is expected to close by the end of Q3 2023.

Portfolio Pulse from Nabaparna Bhattacharya

June 23, 2023 | 11:39 am

E

Eni executive stated that potential synergies from the acquisition of Neptune Energy could rise to a total of $1 billion, according to Reuters.

Portfolio Pulse from Charles Gross

June 23, 2023 | 11:20 am

GNL

RTL

The Necessity Retail REIT (RTL) has reported the expiration of the "Go-Shop" period for its proposed merger with Global Net Lease (GNL). Under the terms, RTL stockholders will receive 0.670 shares of GNL for each common share of RTL. No superior acquisition proposals have been made, and the transaction is expected to close in Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 11:05 am

NDAQ

Nasdaq Inc has priced a public offering of $4.25 billion and €750 million senior notes to fund the acquisition of Adenza Holdings, Inc. The proceeds will also be used to repay Adenza's and its subsidiaries' outstanding debt and related expenses. The offering is expected to close on June 28, 2022.

Portfolio Pulse from Lekha Gupta

June 23, 2023 | 11:00 am

BBLN

Babylon shares are trading lower after the company agreed to be acquired by AlbaCore Capital and MindMaze Group.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 10:59 am

BBLN

Babylon has chosen the take-private proposal from AlbaCore Capital and MindMaze Group, resulting in no payment to Class A ordinary shareholders. The company's Class A ordinary shares will cease trading on the NYSE under the ticker symbol BBLN.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 10:58 am

E

Eni and Vår Energi have agreed to acquire Neptune Energy Group for a combined enterprise value of $4.9 billion. The Neptune Global Business is valued at $2.6 billion, while the Neptune Norway Business is valued at $2.3 billion. The transactions will be paid in cash at completion.

Portfolio Pulse from Charles Gross

June 23, 2023 | 9:42 am

CFMS

Conformis shares surged after the company announced it will be acquired by restor3d at a 96% premium.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 9:08 am