Streetbeat News

Acquisitions Mergers

VSAT

Viasat announces the retirement of Vice Chairman Rick Baldridge, effective June 30, 2023. Baldridge will remain a member of the Board of Directors. The decision follows Viasat's successful acquisition of Inmarsat.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:04 pm

AIN

Albany International Corp. (NYSE:AIN) has entered into a definitive agreement to acquire Heimbach Group, a leading supplier of paper machine clothing, for €153 million. The acquisition is expected to close in the second half of 2023 and will provide Albany with increased scale, broader geographic footprint, complementary technologies, and significant margin expansion opportunities.

Portfolio Pulse from Happy Mohamed

June 14, 2023 | 12:01 pm

BWV

Blue Water Biotech has acquired six FDA-approved drugs across various treatment areas, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:42 am

BWV

Blue Water Biotech has acquired six FDA-approved drugs from WraSer for $8.5 million in cash and 1 million restricted shares. The deal expands Blue Water's product portfolio and strengthens its position in the pharmaceutical market.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:36 am

BWV

Blue Water Biotech acquires six FDA-approved drugs from WraSer and Xspire Pharma for $8.5 million, expanding its product portfolio across various treatments.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:35 am

CWH

Camping World Holdings (CWH) has acquired Van Boxtel RV for an undisclosed sum, expanding its presence in the recreational vehicle market.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:32 am

VOD

Vodafone Group has announced a merger of Vodafone UK and Three UK in an all-stock transaction. The deal is expected to create a stronger competitor in the UK telecom market.

Portfolio Pulse from Charles Gross

June 14, 2023 | 10:07 am

SBOW

Riposte Capital, an investor in Silverbow Resources (SBOW), has called on the company to explore a sale, citing underperformance and potential value maximization.

Portfolio Pulse from Charles Gross

June 14, 2023 | 10:02 am

LL

Howard Jonas, leading a consortium of investors with over 5% stake in LL Flooring, has urged the company's board to consider the $5.76 per share acquisition offer made by F9 Investments and Cabinets to Go.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:59 pm

BEP

Brookfield Renewable Partners (BEP) announced plans to acquire Duke Energy Renewables for $1.05 billion in equity proceeds and a $650 million equity offering. Mizuho analyst Anthony Crowdell maintained a Neutral rating and raised the price target from $31 to $32.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 8:19 pm