Streetbeat News

Acquisitions Mergers

KKR

KKR has received all necessary regulatory approvals for its voluntary public tender offer to acquire all outstanding shares of OHB SE.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:10 am

KSPI

Kazakh fintech company Kaspi.kz has expressed interest in acquiring Uzbekistan's Humo payment system as part of a major privatization effort. The State Assets Management Agency of Uzbekistan plans to privatize a 100% stake in Humo, which is a key player in the country's payment processing sector.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:52 am

FCPT

Four Corners Property Trust (FCPT) has acquired 19 properties from Bloomin' Brands for $66.4 million. This acquisition is part of FCPT's strategy to expand its real estate portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:40 am

ABIO

ARCA Biopharma has updated its special dividend to $1.613 per share in preparation for its merger with Oruka Therapeutics. The dividend will be paid on August 28, 2024, to shareholders of record as of August 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:30 am

ACN

Accenture has expanded its healthcare consulting capabilities in Germany by acquiring consus.health. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:58 am

PARA

PARAA

WBD

Paramount Global has concluded its 'Go-Shop' period, paving the way for an $8.4 billion merger with Skydance Media, led by David Ellison. Edgar Bronfman Jr.'s consortium withdrew their proposal, allowing the merger to proceed. The deal is expected to close in the first half of 2025.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 6:17 am

RCL

Royal Caribbean has signed a deal with Meyer Turku for a fourth Icon Class ship, with options for additional vessels in the series. This expansion indicates Royal Caribbean's commitment to growing its fleet and enhancing its offerings.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:16 am

NRXP

HOPE Therapeutics, a subsidiary of NRx Pharmaceuticals, plans to acquire a network of ketamine treatment clinics with $30 million in financing. The expansion aims to treat conditions like depression and PTSD, projecting $100 million in annual revenue by 2025.

Portfolio Pulse from Rolando García

August 26, 2024 | 10:48 pm

CBSTF

VRNOF

Cannabist Company Holdings has received a Buy rating from Canaccord Genuity, with a target price of C$1.00, due to its strategic divestments and focus on growth. The company sold its Florida assets and subsidiaries in Virginia and Arizona to Verano Holdings, aiming to enhance operational efficiency and financial health.

Portfolio Pulse from Patricio Liddle

August 26, 2024 | 10:38 pm

SMFL

Smart For Life is in negotiations to acquire four profitable companies in the health and wellness sector and is exploring additional acquisition opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 10:26 pm