Streetbeat News

Acquisitions Mergers

VSTO

MNC Capital Partners has proposed a $3.2 billion all-cash deal to acquire Vista Outdoor at $42 per share. MNC has provided a Merger Agreement and financing commitments, indicating Vista Outdoor's likely acceptance of the offer.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:27 am

HOLI

Hollysys shares are trading higher after Ascendent Capital Partners announced that its affiliate, Superior Technologies Holding Limited, has obtained all PRC approvals to complete the merger.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:21 am

SMWB

Similarweb Ltd. (NYSE:SMWB) has acquired 42matters, a Zurich-based app intelligence provider. This acquisition will enhance Similarweb's app intelligence solutions, providing better insights for app owners. The financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:17 am

QURE

Genezen is set to acquire uniQure's commercial gene therapy manufacturing operations in Lexington, MA. The acquisition includes a strategic supply agreement for uniQure's clinical portfolio and CSL's HEMGENIX® product. The Lexington site will serve as Genezen's global AAV center of excellence.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:14 am

BAER

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) has acquired FMS Aerospace for $17.51 million in equity and up to $3.09 million in earnout. The deal is expected to be accretive to Bridger's earnings, but the company is not updating its guidance at this time.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:13 am

BA

Boeing shares are trading lower after the company agreed to acquire Spirit AeroSystems.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:12 am

BA

SPR

Spirit AeroSystems shares are trading higher after Boeing entered an agreement to acquire the company for $37.25 per share in Boeing common stock.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:11 am

ALTR

Altair has announced its intention to acquire all outstanding capital stock of Metrics Design Automation, a Canadian company specializing in simulation as a service (SaaS) for semiconductor electronic functional simulation and design verification. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:03 am

HOLI

Ascendent Capital Partners, through its affiliate Superior Technologies, has received PRC approvals to complete its merger with Hollysys Automation Technologies.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:53 am

FMCX

KKR

LBO

KKR & Co. Inc. (NYSE: KKR) has made two new investments in Asia, acquiring a majority stake in Baby Memorial Hospital in India and leading a $140 million Series E funding round for SmartHR in Japan. KKR's stock has gained over 86% in the last 12 months, and investors can gain exposure through FM Focus Equity ETF (NYSE: FMCX) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS: LBO).

Portfolio Pulse from Lekha Gupta

July 01, 2024 | 10:41 am