Streetbeat News

Acquisitions Mergers

RES

RPC Inc. announced that it is actively seeking long-term strategic investments, including potential acquisitions. This move indicates the company's intention to expand its operations and market presence.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:51 am

EW

Edwards Lifesciences shares are trading lower after the company reported worse-than-expected Q2 sales results and issued Q3 guidance below estimates. Additionally, the company acquired JenaValve and Endotronix.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:13 am

DTI

SDPI

DTI and SDPI have set July 29, 2024, as the deadline for the election of the form of merger consideration. This is a critical date for shareholders to decide on the type of compensation they prefer in the upcoming merger.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:08 am

DCO

Ducommun has rejected Albion River's revised non-binding offer of $65 per share, stating that the offer undervalues its mid- and long-term growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:47 am

AAPL

MU

NVDA

SMCI

TSM

Taiwan's Premier Cho Jung-tai announced a $100 billion economic reform plan focusing on energy, AI, and infrastructure to attract investments and address energy security. The plan aims to capitalize on Taiwanese investors disillusioned with China and includes significant investments from companies like NVIDIA, TSMC, and Foxconn. The announcement comes amid geopolitical challenges and emphasizes the need for infrastructure upgrades to support AI growth.

Portfolio Pulse from Benzinga Neuro

July 25, 2024 | 7:29 am

CHX

SLB

ChampionX Corporation (CHX) has discontinued providing quarterly guidance due to its pending acquisition by SLB. This move is likely to impact investor sentiment and stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:05 pm

KKR

KKR, a global investment firm, has acquired Marmic Fire & Safety from HGGC. Financial terms were not disclosed. All employees of Marmic will become owners in the company.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:59 pm

EW

Edwards Lifesciences shares are trading lower after the company reported worse-than-expected Q2 sales results and issued Q3 guidance below estimates. Additionally, the company acquired JenaValve and Endotronix.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:24 pm

EW

Edwards Lifesciences has acquired JenaValve and Endotronix for an aggregate upfront purchase price of approximately $1.2 billion.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:21 pm

ARES

BAX

CG

Carlyle Group's potential $4 billion acquisition of Baxter International's kidney-care division is being financed by Ares Management and HPS Investment Partners with a $3 billion credit facility. The deal, which includes a $2.5 billion unitranche loan and a $450 million revolver, is still under negotiation. Baxter's Vantive division generated $4.5 billion in revenue in 2023.

Portfolio Pulse from Vandana Singh

July 24, 2024 | 7:16 pm