Streetbeat News

Acquisitions Mergers

RCM

R1 RCM announced that discussions regarding a potential transaction have not resulted in any agreement, and New Mountain Capital is no longer interested in pursuing a joint proposal with TCP-ASC for a potential transaction with the company.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 11:06 am

PBA

Pembina Pipeline Corporation (NYSE: PBA) and KKR have partnered to acquire a 50% stake in Whitecap's Kaybob Gas Complex for $420 million. The transaction includes long-term take-or-pay agreements and future infrastructure development support for Whitecap's Lator growth area.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 11:05 am

PARA

Paramount shares are trading higher following a report by The New York Times that Barry Diller is exploring a bid to take control of the company.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 11:00 am

CARR

Carrier Global has completed the sale of its industrial fire business to Sentinel Capital Partners for an enterprise value of $1.425 billion.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:58 am

IAC

PARA

Barry Diller is exploring a bid to take control of Paramount, as reported by The New York Times. This potential acquisition could significantly impact the media landscape.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:55 am

BA

EADSY

Cebu Pacific Air has chosen Airbus over Boeing for a record $24 billion deal to purchase 152 single-aisle jets. This decision comes as Boeing faces safety and regulatory challenges, while Airbus strengthens its market position.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 10:29 am

BA

EADSY

Cebu Pacific Air has chosen Airbus over Boeing for a record $24 billion deal to purchase 152 single-aisle jets. This decision comes as Boeing faces safety and regulatory challenges, while Airbus strengthens its market position.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 10:29 am

ADPT

BLDE

PLTR

RXRX

TDOC

Cathie Wood-led Ark Invest made significant trades, including a $5.16 million purchase of Palantir Technologies Inc (PLTR) shares amid AI sector momentum. Other trades include purchases of Adaptive Biotechnologies Corp (ADPT), Recursion Pharmaceuticals Inc (RXRX), and Blade Air Mobility Inc (BLDE), and a sale of Teladoc Health Inc (TDOC) shares.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 2:19 am

BECN

Beacon has announced the acquisition of two Florida-based companies, Extreme Metal Fabricators and Integrity Metals, LLC. The terms of the acquisitions were not disclosed. Extreme Metal operates in Key Largo and Palm City, while Integrity Metals has locations in Gainesville and Vero Beach.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:47 pm

VSAC

VSACU

Vision Sensing Acquisition Corp. has announced an extension of the period to complete its initial business combination to August 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:03 pm