Streetbeat News

Acquisitions Mergers

AMZN

EWU

IRBT

Amazon's acquisition of iRobot has been approved by the UK's Competition and Markets Authority. This clearance paves the way for Amazon to expand its presence in the robotics market.

Portfolio Pulse from Charles Gross

June 16, 2023 | 9:43 am

ADBE

DIS

NAAS

SPCE

SQSP

Adobe reported better-than-expected Q2 results and strong earnings forecast, while Disney announced the stepping down of its CFO. NaaS Technology is set to report Q1 financial results. Virgin Galactic started commercial spaceline operations, and Squarespace acquired Google Domains business.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 8:54 am

DIS

GoDigital is planning to bid for Vice Media, which includes news site Refinery29, as the company faces bankruptcy, according to Wall Street Journal sources.

Portfolio Pulse from Charles Gross

June 15, 2023 | 11:24 pm

HBM

Hudbay Minerals announced that the Supreme Court of British Columbia has approved its plan of arrangement with Copper Mountain. This approval brings the companies closer to finalizing their merger.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:02 pm

GOOG

SQSP

Squarespace (SQSP) has entered into a definitive agreement to acquire Google Domains, a business of Alphabet Inc (GOOG), which includes approximately 10 million hosted domains. The financial terms of the acquisition were not disclosed. The deal is expected to close in Q3 and be accretive to Squarespace's revenue and free cash flow.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 8:43 pm

RVLP

RVL Pharmaceuticals plc (NASDAQ:RVLP) announced the approval of a waiver of offer obligations under Rule 9 of the Irish Takeover Rules at its Annual General Meeting. This allows the acquisition of ordinary shares by the company's major shareholders and certain members of its management team without incurring an obligation to make a general offer to other shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:22 pm

TIGO

Millicom has announced the termination of discussions regarding a potential transaction with Apollo Global Management and Claure Group. The company did not provide further details on the reasons for the termination.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:14 pm

RIVN

Rivian Automotive (NASDAQ:RIVN) is reportedly in advanced talks to acquire Sweden-based EV route planning service, A Better Route Planner (ABRP). The acquisition could enhance ABRP's service with Rivian's resources and data from vehicle experiences and charging stations.

Portfolio Pulse from Benzinga EV Insights

June 15, 2023 | 8:09 pm

GOOGL

SQSP

Squarespace has entered a definitive agreement to acquire assets associated with Google Domains, including approximately 10 million domains. The transaction is expected to close in Q3 2023 and will be accretive to Squarespace's revenue and free cash flow over time.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:06 pm

SQSP

Squarespace has entered into a definitive agreement to acquire Google Domains assets, expanding its offerings and potentially increasing its market share.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:05 pm