Streetbeat News

Acquisitions Mergers

PRE

Prenetics Global Limited shares rose following the announcement of its acquisition of Europa Sports Partners and its subsidiary, Hubmatrix.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:46 pm

LGHL

Lion Group Holding shares rose following their announcement of an investment in Agunua Technology.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:45 pm

AMD

IVV

SPY

AMD is acquiring ZT Systems for $4.9 billion to enhance its AI capabilities, expecting the deal to be accretive by 2025. The acquisition strengthens AMD's data center AI systems and customer enablement capabilities.

Portfolio Pulse from Anusuya Lahiri

August 19, 2024 | 12:39 pm

LGHL

Lion Group Holding is planning to acquire a 60% equity stake in Agunua Technology, valued at $4.8 million. This acquisition could potentially impact Lion Group Holding's business operations and financial performance.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:36 pm

PRE

Prenetics Global has acquired Europa Sports Partners and Hubmatrix to expand into the U.S. consumer health and wellness market. This acquisition supports the IM8 brand, co-founded by David Beckham, and is projected to generate over $100 million in revenue by FY2025.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:34 pm

UUUU

Energy Fuels has acquired RadTran LLC for a combination of cash, common shares, and future royalties. The deal includes $1.5M in cash, $1.5M in Energy Fuels shares, a 2% royalty on future uranium sales, and up to $14M based on milestones.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:32 pm

CODI

Compass Diversified's subsidiary, Altor Solutions, has entered into a definitive agreement to acquire Lifoam Industries for $137 million in cash. Lifoam, a manufacturer of temperature-controlled shipping solutions, will enhance Altor's offerings in the industrial and life sciences markets.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:06 pm

CVII

Churchill Capital Corp VII shares are trading higher after the company announced it agreed to terminate the previously announced merger agreement with CorpAcq Holdings due to IPO market conditions.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:00 pm

AMZN

XPER

Xperi shares are trading higher following the announcement of an $80 million asset sale agreement with Amazon.com services.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 11:56 am

ANCTF

Seven & i Holdings Co. has confirmed receiving a confidential, non-binding, and preliminary proposal from Alimentation Couche-Tard Inc. The details of the proposal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 11:34 am