Streetbeat News

Acquisitions Mergers

BIIB

Biogen has agreed to acquire Human Immunology Biosciences for $1.15 billion upfront and up to $650 million in potential milestone payments. The acquisition includes felzartamab, an investigational anti-CD38 monoclonal antibody with potential in immune-mediated diseases. This move aims to enhance Biogen's capabilities in immunology and rare diseases.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:32 am

FERG

Ferguson announced the closing of four acquisitions: Southwest Geo-solutions, Inc., Avco Supply, Inc., Gar Engineering, and Safe Step Tubs of Minnesota, Inc.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:00 am

FERG

Ferguson plc (NYSE: FERG) has announced the closing of four new acquisitions, adding approximately $350 million in annualized revenue. This brings the total number of acquisitions for the fiscal year to eight.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 10:59 am

KKR

TPG

KKR and TPG are considering various options for PropertyGuru, including a potential buyout. This move could significantly impact the involved companies and the real estate market.

Portfolio Pulse from Charles Gross

May 22, 2024 | 9:31 am

KKR

KKR has made its first global impact investment in the Philippines by acquiring a stake in PHINMA Education through its Global Impact Fund II. This investment aligns with the United Nations Sustainable Development Goal 4, which focuses on quality education.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:23 am

ACN

Accenture announced its acquisition of Partners In Performance to enhance productivity for asset-intensive industries. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:33 am

AA

CLF

MTAL

PZG

X

Today's top mining stories include U.S. Steel addressing misinformation about its deal with Nippon Steel, Paramount Gold Nevada's joint reclamation bond for its Grassy Mountain gold mine, Metals Acquisition's warrant redemption, and Alcoa's amended acquisition agreement with Alumina Limited.

Portfolio Pulse from austin@walkonholdings.com

May 21, 2024 | 9:16 pm

BNED

Barnes & Noble Education (NYSE:BNED) shares surged 72.6% on Tuesday, driven by ongoing developments surrounding a potential strategic transaction. Activist investors Outerbridge and Greenhaven proposed a $114.5 million recapitalization, including a $57 million rights offering and a $57 million direct investment. While the board found the proposal potentially superior, Outerbridge withdrew from further discussions. Greenhaven continues to explore possible transactions.

Portfolio Pulse from Vaishali Prayag

May 21, 2024 | 8:27 pm

SELF

Global Self Storage's board has rejected a $6.15 per share acquisition proposal from Etude Storage Partners.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:20 pm

ETN

Eaton has acquired Exertherm, though the terms of the deal were not disclosed. This acquisition is expected to enhance Eaton's capabilities in thermal monitoring solutions.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:15 pm