Streetbeat News

Acquisitions Mergers

GFL

CTFN reported on X that there is private equity interest in GFL Environmental.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:31 pm

LUXH

LuxUrban Hotels has formed a special committee of independent directors to explore potential strategic initiatives, including a possible sale of the company. No timetable has been set, and the company is not currently engaged in any strategic transactions or professional advisory services. Leonard Toboroff will chair the committee.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:21 pm

BTDR

Bitdeer Technologies has entered into a share purchase agreement to acquire all issued and outstanding shares of FreeChain. The acquisition will be settled by issuing 20 million Class A ordinary shares of Bitdeer Technologies.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:13 pm

BLD

TopBuild Corp. has acquired Texas Insulation from Energy One America. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:12 pm

CSGS

CSG Systems International, Inc. (NASDAQ:CSGS) has acquired iCheckGateway.com, LLC (iCG Pay) for $17 million. iCG Pay has shown double-digit organic revenue growth, with 2023 total revenue less transaction fees of approximately $9.5 million. The acquisition is expected to be accretive to CSG's 2024 profitability.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:08 pm

SB

Safe Bulkers has announced an agreement to acquire a Japanese 82,000 DWT Kamsarmax class vessel, with delivery scheduled for Q1 2027. The terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 8:05 pm

FRT

Federal Realty Investment Trust has acquired the Virginia Gateway Retail Center for $215 million. This acquisition is expected to enhance FRT's portfolio and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:12 pm

PARA

PARAA

National Amusements, the holding company of the Redstone family, is reviewing a proposal from Skydance. This was confirmed in an emailed statement cited by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:01 pm

IP

Suzano is preparing a revised offer for International Paper. Additionally, the CEO of International Paper recently met with the CEO of DS Smith in London, as International Paper seeks to reassure DS Smith amidst Suzano's bid plans.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 6:44 pm

NHC

National HealthCare Corporation (NHC) announced its plan to acquire White Oak Senior Living Portfolio in North and South Carolina, which includes a long-term care pharmacy. The transaction is expected to close in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 6:34 pm