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Nine Entertainment (ASX: NEC) falls 7% as Premier League deal tests Stan Sport economics
Nine Entertainment has locked the Premier League into Stan Sport through 2034, but the shares fell sharply as investors weighed subscription growth against a longer and potentially more expensive sports-rights commitment.
Corteva and Globachem form 50-50 crop protection JV ahead of Vylor separation
Corteva and Globachem have agreed a 50-50 crop protection joint venture focused on late-pipeline and commercial-stage products, adding another growth platform to New Corteva only weeks before Vylor is scheduled to separate.
Nauticus Robotics commercially launches ToolKITT autonomy software for existing ROV fleets
Nauticus Robotics has made ToolKITT commercially available as licensed autonomy software for existing subsea vehicles, opening a higher-margin revenue path at a time when revenue remains small and liquidity is tight.
Independence Realty Trust and Centerspace agree $8.1bn apartment REIT merger
Independence Realty Trust and Centerspace are combining in an all-stock transaction creating an $8.1 billion apartment REIT with more than 44,000 homes, while divergent share-price reactions highlight who investors initially viewed as receiving the clearer near-term benefit.
Austal shares surge as Wildcat tops Hanwha with US$1.35bn Austal USA proposal
Austal shares rallied after Wildcat Infrastructure offered up to US$1.35 billion for Austal USA, topping Hanwha’s earlier proposal and putting a fresh valuation on a business that just generated a heavy FY26 loss.
Ajax Engineering profit grew 5%. Why has CFO Ketan Pendse resigned with no successor named?
Ajax Engineering CFO Ketan Pendse has resigned for personal reasons after a quarter in which profit increased but operating profit weakened, leaving the construction-equipment manufacturer without a disclosed permanent successor.
CBRE launches triple-net lease strategy with $1.6bn Tenet acquisition
CBRE Investment Management has acquired Tenet Equity and its $1.6 billion net-lease portfolio from Cerberus, launching a dedicated strategy built around 208 fully leased assets and a sale-leaseback origination platform.
SThree (LSE: STEM) jumps 15% on Circle8 approach as investors price a takeover premium
SThree shares surged after Circle8 Group made an unsolicited approach for the specialist recruitment company, but no offer price has been disclosed and the underlying business is still navigating declining fees and a difficult hiring market.
Victrex (LSE:Â VCT) jumps 14% as profit upgrade resets the recovery debate
Victrex shares surged after the high-performance polymers specialist lifted its FY26 profit outlook, putting the focus on whether stronger demand and cost savings can sustain the rerating beyond September’s strategy event.
Austal (ASX: ASB) jumps 7.1% as US$1.35bn bid tops Hanwha offer
Austal rose 7.1% after Wildcat offered up to US$1.35bn for Austal USA, topping Hanwha. What could a sale leave for ASB shareholders?