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Acquisitions Mergers

NEX

PTEN

NexTier Oilfield Solutions and Patterson-UTI Energy have held merger talks, according to the Wall Street Journal. The potential merger could create a larger oilfield services company.

Portfolio Pulse from Charles Gross

June 13, 2023 | 8:42 am

MANU

Manchester United shares are trading higher after reports of a successful acquisition bid by Qatari investors.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 9:46 pm

MANU

Manchester United Ltd (NYSE:MANU) shares are trading higher following reports that a bid by Qatari investors has been accepted. The news comes after the investors submitted a fifth and final takeover offer last week.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 9:44 pm

MANU

Qataris have reportedly been successful in their bid to purchase Manchester United, according to Al-Watan. The potential acquisition could impact Manchester United's stock (MANU).

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:25 pm

CNM

Core & Main has signed a definitive agreement to acquire D'Angelo Co., Inc., a full-service provider of fire protection and waterworks products in Southern California. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:59 pm

AVGO

MRVL

VMW

Broadcom Inc. shares traded higher on Monday following reports that the company is set to receive approval from EU antitrust regulators to acquire VMware for $61 billion. The approval is tied to interoperability remedies to rivals, including Marvell Technology.

Portfolio Pulse from Ryan Gustafson

June 12, 2023 | 8:32 pm

BEPC

DUK

Duke Energy has agreed to sell its utility-scale commercial renewables business to Brookfield for an enterprise value of $2.8 billion. Duke Energy expects net proceeds of approximately $1.1 billion, which will be used to strengthen its balance sheet and avoid additional holding company debt issuances.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:17 pm

KDNY

NVS

Chinook Therapeutics will present updated data from its Phase 1/2 trial of Zigakibart in patients with IgA Nephropathy at the 60th European Renal Association Congress. The treatment shows rapid and sustained reductions in biomarkers and is well-tolerated. The pending acquisition of Chinook by Novartis AG has led to the cancellation of the investor conference call and webcast.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:07 pm

IGTA

Inception Growth Acquisition Limited (NASDAQ:IGTA) and AgileAlgo Pte Ltd. have signed a binding letter of intent for a potential business combination. The deal would result in a combined entity, with AgileAlgo's existing equity holders rolling 100% of their equity into the combined public company.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:07 pm

IRRX

Integrated Rail and Resources Acquisition Corp. (IRRX) has announced an extension to July 15, 2023, for the time available to consummate a Business Combination with Target Businesses. The company is a blank check company focusing on natural resources, railroads, and/or railroad logistics companies.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 8:06 pm