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SEGRO (LSE: SGRO) rejects Prologis (NYSE: PLD) £13.5bn bid as July 22 takeover deadline looms
SEGRO has rejected a third proposal from Prologis despite a 34% premium to its unaffected share price, turning the potential combination into a high-stakes argument over data centre value, development risk and who should capture the future upside from one of Europe’s most difficult-to-replicate industrial property portfolios.
Count (ASX: CUP) has completed its A$72m Oracle deal, now the integration test begins
Count completes its Oracle Group acquisition, but adviser retention, earnings delivery and debt reduction will decide whether the A$72m deal creates value.
NUBURU closes $38m offering as Tekne acquisition and NYSE listing risks converge
NUBURU’s financing could advance its Tekne acquisition and eliminate US$16.75 million of debt, but investors face significant dilution and delisting uncertainty.
Exodus Movement (EXOD) restructures after receivership deal for Monavate and Baanx reshapes the group
Exodus Movement cuts 25 percent of its workforce to fund a payments pivot, but execution during Monavate and Baanx integration will decide the outcome.
5paisa Capital (NSE: 5PAISA) Q1 income rises 14%, but trading activity and earnings per share weaken
The digital broker has a much stronger capital base following its ₹468.8 crore rights issue, but slower client acquisition and lower trading activity raise questions about how product investment will translate into per-share earnings.
System1 (AIM: SYS1) reiterates rejection of Brave Bison’s (AIM: BBSN) £43.1m takeover proposal
The target’s recovering second-half performance and debt-free balance sheet are colliding with Brave Bison’s argument that combining the companies would create a larger marketing technology platform.
Maase (NASDAQ: MAAS) to sell car wash unit for $17m as AI pivot sharpens
Maase to sell its 49% Laixi car-wash stake for $17M as it pushes capital into AI computing and its Lingyanmiaoyu LLM, but revenue evidence is still thin.
Honeywell (Nasdaq: HON) wraps up £1.3bn Catalyst Technologies acquisition from Johnson Matthey (LSE: JMAT)
The reduced purchase price improves Honeywell’s entry economics, but weaker trading and delayed sustainable-fuels projects make execution the decisive issue.
Alumasc (AIM: ALU) suspends CEO Pamela Bingham as FY26 profit falls and order book expands
The Alumasc Group plc has suspended Chief Executive Officer Pamela Bingham pending an investigation into matters relating to her professional conduct, less than four months after she assumed the role. The leadership disruption arrived alongside a weaker full-year trading update, leaving investors to weigh a sharply larger order book against falling profit, delayed projects and uncertainty over who will lead the next stage of the company’s recovery plan.
CACI International (NYSE: CACI) wins $113.8m Navy contract to modernize Military Sealift Command systems
CACI retained a strategically important Military Sealift Command programme after a four-bidder competition. The contract provides work through 2031 if all options are exercised, but its ceiling should not be treated as guaranteed revenue.