Streetbeat News

Acquisitions Mergers

APP

AppLovin Corporation is divesting its lower-margin Apps business for $900 million to focus on its advertising platform, targeting the e-commerce market. The company's advertising segment has shown significant growth, with revenues increasing from $207 million in FY20 to $3,224 million in FY24.

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March 04, 2025 | 11:45 pm

HRNNF

Hydro One Limited's subsidiary, Hydro One Networks Inc., has acquired a 48% interest in the East-West Tie Limited Partnership, expanding its transmission ownership in northern Ontario.

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March 04, 2025 | 11:30 pm

HSIC

Henry Schein, a leading provider of healthcare products and services, shows potential for growth despite a recent 3% dip in shares. The company's 2025 guidance and Q4 2024 results, including a 5.8% revenue increase, support a bullish outlook.

Portfolio Pulse from

March 04, 2025 | 11:15 pm

AJG

Arthur J. Gallagher & Co. has announced an agreement to acquire Woodruff Sawyer, a move that could expand its market presence and service offerings.

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March 04, 2025 | 10:45 pm

CMBT

GOGL

Hemen Holding Limited has sold its entire 40.8% stake in Golden Ocean Group Limited to CMB.TECH for approximately USD 1,179 million.

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March 04, 2025 | 10:45 pm

CMBT

GOGL

CMB.TECH has acquired a significant stake in Golden Ocean Group Limited, purchasing 81,363,730 shares from Hemen Holding Limited. This acquisition represents approximately 40.4% of Golden Ocean's issued share capital.

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March 04, 2025 | 10:45 pm

CDNS

SVCO

Silvaco Group, Inc. has acquired Cadence's Process Proximity Compensation product line, expanding its product offerings in semiconductor design and digital twin modeling.

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March 04, 2025 | 10:00 pm

INTC

TSM

TSMC's $100B U.S. expansion in Arizona strengthens semiconductor supply chains, enhances U.S. tech leadership, and reduces geopolitical risks. With significant EPS growth projected, TSMC offers a compelling investment opportunity. Intel is left on the sidelines.

Portfolio Pulse from

March 04, 2025 | 10:00 pm

CMBT

GOGL

CMB.TECH has acquired a significant stake in Golden Ocean Group from Hemen Holding, purchasing 40.8% of Golden Ocean's shares for $14.49 each.

Portfolio Pulse from

March 04, 2025 | 9:45 pm

VINP

Vinci Partners Investments Ltd. (VINP) shows potential for significant annual operating income despite complex Q4 2024 results due to merger-related expenses and one-time revenues. The stock is attractive due to its leverage to a potential equity market recovery in Brazil and a strong net financial assets position.

Portfolio Pulse from

March 04, 2025 | 9:45 pm