NexPoint challenges UDF IV merger with superior proposal, urges shareholder action
The proposed merger between United Development Funding IV (UDF IV) and Ready Capital has taken an unexpected turn, with NexPoint Advisors, L.P. submitting a competing ... Read More
Manulife Financial announces $5.4bn reinsurance deal with RGA, including long-term care reserves
Manulife Financial Corporation has confirmed a significant $5.4 billion reinsurance agreement with Reinsurance Group of America (RGA), a transaction that includes $2.4 billion of long-term ... Read More
Kona Gold Beverages to make bold move: Strategic overhaul and new leadership to drive future success
Kona Gold Beverages, Inc. (OTCPK: KGKG) has unveiled a major strategic overhaul, including plans for a reverse merger and leadership changes. This bold move is ... Read More
Marston’s PLC sells brewing stake to Carlsberg, sharpens focus on pub operations
In a strategic move to sharpen its focus on the pub sector, Marston's PLC has announced the divestiture of its 40% stake in the brewing ... Read More
Noble Corporation plc to acquire Diamond Offshore Drilling at $15.52 per share
Noble Corporation plc (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc. (NYSE: DO) have announced a definitive merger agreement under which Noble will acquire ... Read More
TC Energy shareholders approve spinoff of liquids pipelines business into South Bow Corporation
In a significant move shaping the future of North American energy infrastructure, TC Energy Corporation (TSX, NYSE: TRP) shareholders have overwhelmingly approved the spinoff of ... Read More
Tate & Lyle completes sale of Primient stake to KPS Capital Partners for $350m
Tate & Lyle PLC has concluded the sale of its remaining 49.7% interest in Primary Products Investments LLC (Primient) to KPS Capital Partners, LP for ... Read More
Strategic demerger: ABFRL splits to create Aditya Birla Lifestyle Brands Ltd.
Aditya Birla Fashion and Retail Ltd. (ABFRL), in a significant corporate restructuring move, has announced the vertical demerger of its Madura Fashion and Lifestyle business ... Read More
Avenue Investment Management challenges Encore Wire-Prysmian merger deal
Toronto-based Avenue Investment Management has formally raised concerns about the proposed merger between Encore Wire Corporation and Prysmian S.p.A. Priced at $290 per share, the ... Read More
NameSilo Technologies increases stake in Alchemy Labs to enhance nanotechnology applications
NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF), the parent company and major stakeholder of Namesilo LLC, has escalated its financial commitment in Alchemy Labs Inc., ... Read More