Tag: shareholder value
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
SLB to acquire ChampionX in strategic all-stock deal to boost sustainable energy solutions
SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) have made a significant move in the energy sector by announcing a definitive agreement for SLB to ... Read More
Atlantic Union Bankshares wraps up merger with American National Bankshares
In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National ... Read More
James Fisher and Sons to sell RMSpumptools to ChampionX for £90m
James Fisher and Sons plc ("James Fisher") has officially announced the divestiture of its subsidiary, RMSpumptools Limited ("RMS"), to ChampionX UK Limited, a subsidiary of ... Read More
Campbell Soup Company completes $2.7bn acquisition of Sovos Brands
Campbell Soup Company (NYSE: CPB) has announced the completion of its acquisition of Sovos Brands, Inc. for $23 per share, an all-cash transaction valued at ... Read More
EQT Corporation and Equitrans Midstream announce transformative merger
EQT Corporation (NYSE: EQT) and Equitrans Midstream Corporation (NYSE: ETRN) have revealed a definitive merger agreement that positions them as a leading force in the ... Read More
Arkhouse Management proposes enhanced all-cash offer for Macy’s at $24 per share
In a notable development in the retail and investment sector, Arkhouse Management Co. LP, in collaboration with its partner Brigade Capital Management, has made a ... Read More
IM Cannabis and Kadimastem announce reverse merger deal
IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), known for its significant strides in the medical cannabis sector, has announced a business combination with Kadimastem Ltd, ... Read More