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Acquisitions Mergers

IVP

Inspire Veterinary Partners shares rose following the announcement of a non-binding letter of intent to acquire AI platform Vetaie.ai in an all-stock transaction.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:44 pm

FRME

OSBC

Old Second Bancorp is acquiring five Illinois branches from First Merchants Corporation, involving $304 million in deposits and $12 million in loans. The transaction is valued at approximately $23 million.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:43 pm

IVP

Inspire Veterinary Partners has signed a non-binding letter of intent to acquire the AI platform Vetsie.ai in an all-stock transaction. The deal does not require any operating capital infusion for the first fiscal year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:34 pm

NVEE

NV5 has announced an agreement to acquire California Water Resources Group in an all-cash transaction. The size of the deal has not been disclosed, but NV5 expects to recognize revenue from this acquisition by late Q3 of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:18 pm

BEDZ

CRUZ

RCL

Royal Caribbean Cruises Ltd. (NYSE:RCL) has ordered a fourth Icon Class ship from Finnish shipbuilder Meyer Turku, with delivery expected in 2027. The deal includes options for two more ships. The Icon Class ships have been well-received, with strong financial performance and guest satisfaction. RCL's stock is accessible via ETFs like Defiance Hotel, Airline, and Cruise ETF (NYSE:CRUZ) and AdvisorShares Hotel ETF (NYSE:BEDZ).

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 12:18 pm

CHKP

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is acquiring Cyberint Technologies Ltd. to enhance its Security Operations Center capabilities and expand its threat intelligence offerings. The acquisition will integrate Cyberint's solutions into Check Point's Infinity Platform, although financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:18 pm

MDT

PaceMate has acquired Medtronic's Paceart Optima system, expanding its global reach to nearly 1,000 clinic locations. This acquisition enhances PaceMate's cardiac remote monitoring capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:15 pm

PRTG

Portage Biotech is exploring strategic alternatives, which may include a sale, merger, restructuring, or winding down the company.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:12 pm

BITB

OBTC

Osprey Funds and Bitwise Asset Management have announced that the Bitwise Bitcoin ETF will acquire the assets of the Osprey Bitcoin Trust. OBTC unitholders will receive BITB shares as part of a liquidating distribution.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:11 pm

FCG

WDS

Woodside Energy's stock is trading higher after reporting its first-half FY24 results. Despite a decline in revenue and profit, the company exceeded profit expectations and made significant progress on key projects. The stock is accessible via the First Trust Natural Gas ETF.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 12:07 pm