Streetbeat News

Acquisitions Mergers

STN

Stantec has signed an agreement to acquire engineering firm Environmental Systems Design (ESD). The acquisition is expected to close on June 30, 2023. Terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 10:50 am

IGT

IGT's Board of Directors is exploring strategic alternatives for its Global Gaming and PlayDigital segments, including a potential sale, merger, spin-off, or further investment in the businesses.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 10:46 am

BLK

BlackRock Inc (NYSE:BLK) is set to acquire Kreos Capital, a growth and venture debt financing provider for technology and healthcare companies. The acquisition will complement BlackRock's Global Credit business and offer its customers a wider range of private market investment products and solutions.

Portfolio Pulse from Lekha Gupta

June 08, 2023 | 10:29 am

BLK

BlackRock Inc. (NYSE:BLK) has announced a definitive agreement to acquire Kreos Capital, a leading provider of growth and venture debt financing to technology and healthcare companies. The acquisition will strengthen BlackRock's position as a global credit asset manager and expand its private market investment offerings.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 9:00 am

ALEAF

RWBYF

Red White & Bloom Brands Inc. (RWB) has entered into a binding letter agreement to acquire Canadian cannabis operator Aleafia Health Inc. in a share-exchange agreement. RWB will provide a $17.5 million credit facility to Aleafia as part of the deal and plans to sign a $30 million credit facility of its own.

Portfolio Pulse from Maureen Meehan

June 07, 2023 | 11:59 pm

AAPL

CMCSA

Apple Inc has acquired augmented reality headset company Mira, which has worked on Mario Kart rides at Nintendo World theme parks. The acquisition comes after Apple unveiled its mixed-reality headset, Apple Vision Pro, at the Worldwide Developer Conference.

Portfolio Pulse from Chris Katje

June 07, 2023 | 8:34 pm

BZFD

BuzzFeed is reportedly considering the sale of Complex Networks, a youth-focused media company it acquired in 2021. The potential sale comes as BuzzFeed aims to focus on its core business and improve profitability.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 7:12 pm

FARM

Farmer Brothers announced an agreement to sell its Northlake, TX Coffee facility to TreeHouse for $100 million, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:51 pm

RCRT

Recruiter.com announced an agreement to purchase fintech assets GoLogiq, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:48 pm

MANU

Qatari billionaire Sheikh Jassim bin Hamad al-Thani has submitted a $6.5 billion offer to acquire Manchester United plc (NYSE:MANU), competing with Ineos chief Sir Jim Ratcliffe. The offer includes an additional $1 billion of pledged investment.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 4:13 pm