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Generac (NYSE: GNRC) surges 18% as $2.4bn Amazon deal turns generators into an AI trade
Generac has secured $2.4 billion of initial Amazon data-centre generator deliveries and could unlock up to $8 billion of payments tied to warrants, transforming its exposure to the AI infrastructure boom.
Airtel Africa (LSE: AAF) tumbles 11% as Airtel Money IPO valuation reportedly shrinks
Airtel Africa lost more than a tenth of its value after reports that Airtel Money may seek a smaller London IPO and an $8 billion to $9 billion valuation, even though the fintech generated $689 million of FY26 EBITDA.
MAAS Group (ASX: MGH) hits record A$6.38 as A$1.7bn asset sale clears regulatory hurdle
MAAS Group’s construction-materials divestment has secured FIRB clearance after earlier ACCC approval, leaving shareholders and one remaining transaction step between the company and up to A$1.703 billion of proceeds.
InvestAcc revenue jumps 130% as pension assets under administration hit ÂŁ10.6bn
InvestAcc Group more than doubled first-half revenue and increased assets under administration to ÂŁ10.6 billion as the AJ Bell Platinum acquisition and higher treasury income transformed earnings.
Schneider Electric plans €1.2bn takeover of Shelly Group
The €70-a-share cash proposal carries a 27% unaffected premium and has support from Shelly Group founders controlling about 57% of the company.
NRW Holdings wins A$115m first stage of A$300m Melbourne data centre package
NRW Holdings Limited subsidiary Fredon has secured an initial A$115 million mechanical package for STACK Infrastructure’s 864MW MEL03 hyperscale campus, deepening the contractor’s exposure to Australia’s artificial intelligence-driven data centre buildout.
oOh!media clears ACCC hurdle for I Squared Capital’s A$898m takeover
oOh!media Limited has secured Australian competition clearance for its A$898 million takeover by I Squared Capital, moving the outdoor advertising transaction closer to a shareholder vote and potential completion late in 2026.
Premier Investments jumps 8.6% as A$0.81 dividend offsets Smiggle weakness
Premier Investments Limited shares surged after FY26 results revealed resilient Peter Alexander sales, a stronger-than-expected dividend and A$391 million of cash despite another difficult year for Smiggle.
Soul Patts hits record high as FY26 NAV reaches A$14.5bn and dividend rises again
Washington H. Soul Pattinson and Company Limited shares reached a record high after the enlarged investment group reported A$14.5 billion of post-tax net asset value, A$572 million of investment cash flow and its 28th consecutive year of dividend growth.
Stewards targets $4.2m NOI at newly acquired South Florida multifamily property
Stewards shares jumped after its $90 million Envy Pompano Beach acquisition targeting more than $4.2 million of stabilized NOI.