In a strategic move aimed at bolstering its investment portfolio, Cohen & Steers Income Opportunities REIT, Inc. (“CNSREIT”) has joined forces with Phillips Edison & Company, Inc. (“PECO”) to acquire the Des Peres Corners shopping center in Des Peres, Missouri. This high-profile acquisition, valued at approximately $300 million, marks the inception of a programmatic joint […]
Republic Bancorp, the parent company of Republic Bank & Trust Company, has wrapped up the previously announced $51 million acquisition of CBank and its fully-owned subsidiary Commercial Industrial Finance (CIF), based in St. Louis, Missouri. The all-cash deal was announced in October 2022. Commercial Industrial Finance has now rebranded as Republic Bank Finance and has […]
Emerson has agreed to sell a 55% stake in its Climate Technologies business to alternative asset manager Blackstone to form a higher value, cohesive industrial technology portfolio, and to develop a pure-play automation company. In a deal valuing Climate Technologies at $14 billion, Emerson will get upfront, pre-tax cash proceeds of around $9.5 billion as […]
US-based Republic Bancorp, the holding company of Republic Bank & Trust (Republic Bank), has agreed to acquire CBank and its fully-owned subsidiary Commercial Industrial Finance (CIF) in an all-cash direct merger deal valued at approximately $51 million. Headquartered in St. Louis, Missouri, Commercial Industrial Finance offers equipment leasing and financing to businesses across the US. […]
Alkem Laboratories said that it has been issued Form 483 with a couple of observations from the US Food and Drug Administration (FDA) pertaining to its manufacturing facility located in St. Louis in the US. The FDA carried out its inspection from 6 September to 14 September 2022, said the Indian pharma company. Alkem Laboratories […]
Alkem Laboratories Limited said that it has been issued Form 483 from the US Food and Drug Administration (FDA) following an inspection of its manufacturing facility in St. Louis, Missouri. The FDA has made three observations from its inspection that was held between 6 June 2022 and 17 June 2022, said the Indian pharma company. […]
H5 Data Centers has acquired seven data centers across the US from vXchnge for an undisclosed price. According to the edge data center and carrier hotel provider, the data centers are located in Nashville, Pittsburgh, Philadelphia, Secaucus (New Jersey), Portland, St. Paul, and St. Louis. Through the acquisition, H5 Data Centers adds more than 250,000 […]
Sweeping Corporation of America (SCA), an Ohio-based power sweeping company, has acquired Illinois-based Metro Commercial Sweeping for an undisclosed price. Located in Dupo, Metro Commercial Sweeping mainly offers parking lot sweeping services throughout the greater St. Louis market. The company caters to commercial, retail, and apartment complexes. The services of Metro Commercial Sweeping are said […]
Alkem Laboratories said that the US Food and Drug Administration (FDA) has issued Form 483 to the company with two observations. Form 483 are given by the FDA when a company is found to have violated the Food Drug and Cosmetic (FD&C) Act and related acts. Alkem Laboratories said that the FDA had undertaken an […]
Sweeping Corporation of America (SCA), an Ohio-based power sweeping services company, has acquired Contractors & Municipal Sweeping Service (C&M) in St. Louis, Missouri. The financial terms of the deal were not disclosed. The acquisition is said to grow the presence of Sweeping Corporation of America to a new market in St. Louis apart from being […]