Streetbeat News

Acquisitions Mergers

TXT

Textron Aviation is expanding its operations in Australia by modernizing facilities and increasing the availability of Cessna, Beechcraft, and Hawker parts. Premiair Aviation Maintenance, acquired by Textron in 2020, has been renamed Textron Aviation Australia Pty Ltd. to integrate fully into Textron's global service network.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:02 pm

AEE

Ameren's subsidiary has received approval from the Missouri Public Service Commission to purchase a 150-MW solar facility currently under construction in Cass County, Illinois.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:35 pm

ARES

Ares Management has announced the launch of a public offering of 2.65 million shares of Class A common stock, with an option for underwriters to purchase an additional 397,500 shares. The proceeds will be used for general corporate purposes, including debt repayment, strategic acquisitions, and growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:27 pm

TEL

TE Connectivity Ltd. (NYSE:TEL) shareholders approved proposals at a special general meeting, paving the way for a merger with its subsidiary, TE Connectivity plc, and changing the company's jurisdiction from Switzerland to Ireland by September 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:12 pm

ACAC

Acri Capital Acquisition Corporation has extended its initial business combination deadline from June 14, 2024, to July 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:03 pm

CHAA

Catcha Investment Corp (NYSE: CHAA) has received shareholder approval for its business combination with Crown LNG Holdings AS. The transaction is expected to close by June 28, 2024, after which the combined company will commence trading.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:02 pm

WHR

Unconfirmed M&A rumors suggest that Whirlpool (WHR) may be under the spotlight for a potential takeover by an Asian-based company.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 7:52 pm

PARA

PARAA

Paramount Global's proposed transaction with Skydance Media is not moving forward. However, the company remains open to exploring strategic alternatives.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:24 pm

SONY

Sony has acquired the Alamo Drafthouse movie-theater chain, a move that could strengthen its position in the entertainment industry.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:05 pm

GILD

Gilead Sciences plans to pursue smaller acquisitions worth 'mid-single-digit billions' on average every few years, as stated by a company executive at the Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:04 pm