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Lennox (LII) stock jumps on Heat Controller deal, but can its acquisition strategy protect margins?
Lennox is acquiring Heat Controller to expand its HVAC distributor reach. Discover how Comfort-Aire and Century could reshape LII’s growth strategy.
Fjord Defence (DFENS) raises NOK 412.5m to fund transformative PartnerTech acquisition
Fjord Defence raises NOK 412.5m for its SEK 708m PartnerTech acquisition as DFENS investors weigh defence growth, dilution and integration risk.
XPS Pensions (LSE: XPS) revenue rises 13% as insurance consulting expands growth opportunity
XPS Pensions reports 13% revenue growth and a higher dividend, but XPS shares fall as investors assess margins, Polaris costs and insurance expansion.
Generali shares rise as failed UniCredit proposal puts strategic ownership in focus
Generali shares hit a record as UniCredit’s failed Delfin proposal exposes Italy’s fight for influence over the €65bn insurer and its €905bn asset base.
Intertek agrees £10.9bn EQT takeover as board recommends final £60 cash offer
Intertek agrees EQT’s £10.9bn takeover. See what the £60 cash offer, dividend, shareholder vote and London delisting mean for ITRK investors and employees.
Edenred (EDEN) shares surge as BC Partners reportedly weighs takeover of French benefits group
Edenred shares surged on reported BC Partners takeover interest. See what regulation, cash flow and valuation mean for EDEN investors.
Intertek (ITRK) board set to back £60-a-share EQT takeover as ITRK approaches London exit
Intertek is set to back EQT’s £60-a-share offer. See what the £10.6bn deal means for ITRK holders, UK markets and ATIC growth.
Challenger merges Fidante into A$150bn Channel Group as ASX:CGF hits 52-week high
Challenger Limited is exchanging full control of Fidante for cash and a strategic stake in a larger funds-management platform, responding to active equity outflows without abandoning the sector.
Soul Patts unlocks A$1.9bn in Goodman property sale as ASX:SOL hits 52-week high
Washington H. Soul Pattinson is converting a mature industrial property investment into A$1.89 billion of deployable capital, placing greater pressure on management to find its next generation of returns.
BAE Systems selects MARSS NiDAR as ASX:EOS halts for two material defence contracts
BAE Systems’ selection of the MARSS NiDAR platform gives Electro Optic Systems a route into larger counter-drone programs, while two undisclosed material contracts could shape the next stage of its expansion.