To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

Accessibility StatementSkip Navigation GREENWICH, Conn., Nov. 5, 2025 /PRNewswire/ -- Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has served as a Joint Lead Arranger in the $450 million secured term loan financing supporting the acquisition of Goodyear Chemical, a leading producer of synthetic rubber, by Gemspring Capital Management. Gemspring's acquisition of the Goodyear Chemical business from The Goodyear Tire & Rubber Company (NASDAQ: GT), ...

Accessibility StatementSkip Navigation ROLLING MEADOWS, Ill., Nov. 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Batavia, New York-based Tompkins Insurance Agencies, Inc., a wholly-owned subsidiary of Tompkins Financial Corporation (NYSE: TMP). Tompkins Insurance Agencies offers a full suite of property/casualty insurance products and employee benefits services to clients throughout New York and Pennsylvania. David Boyce, president of Tompkins Insurance Agencies, and h ...

Summary of Firan Technology Group (FTG) Conference Call Company Overview - **Company Name**: Firan Technology Group Corporation (OTCPK:FTGF.F) - **Industry**: Aerospace and Defense Electronics - **Product Offerings**: - Cockpit and avionics products under FTG Aerospace - Printed circuit boards under FTG Circuits - **Geographical Presence**: - 10 sites: 3 in Canada (Toronto, Calgary), 5 in the U.S., 2 in China, and a new site being built in India [4][5] Financial Performance - **Growth Rate**: Average growth of 34% over the last three years, driven by both organic growth and acquisitions [5] - **Shares Outstanding**: 25.2 million shares, with the largest shareholder being Oak West at just under 20% [5] - **Revenue and EBITDA**: Quarterly revenue has increased from $20 million to over $40 million, with EBITDA rising to $7-8 million per quarter [27] Strategic Initiatives 1. **Cost Management**: Focus on managing costs and efficiencies as a manufacturer [5][6] 2. **Growth and Operating Leverage**: Aim to increase revenue to drive bottom-line growth, leveraging fixed costs [6][8] 3. **Acquisitions**: Acquisitions are expected to contribute to half of FTG's growth, with a focus on strategic alignment and value creation [20][26] 4. **Operational Performance**: Emphasis on maintaining high operational performance to secure more work from sophisticated customers [13][16] Market Dynamics - **Demand Trends**: - Strong growth in aerospace and defense sectors, with both Airbus and Boeing aiming for a 50% increase in production rates [10] - U.S. defense budget is on the rise due to geopolitical tensions, driving demand in the defense sector [11] - **Market Segmentation**: FTG aims to participate in all subsegments of aerospace and defense, including air transport, business jets, and general aviation [9] Competitive Advantages - **Barriers to Entry**: Significant barriers due to government certifications and customer approvals, making it difficult for new entrants [14][15] - **Customer Relationships**: Deep relationships with key customers across various functions are crucial for winning future contracts [16] - **Technological Advancements**: Investment in technology to support customer needs and improve operational performance [13] Recent Acquisition - **FLYHT Acquisition**: - Acquired to enhance FTG's presence in the aftermarket business and to leverage existing products for Airbus [21][22] - Focus on reducing costs, selling new products, and obtaining necessary approvals for various aircraft types [25][26] Financial Health - **Balance Sheet**: Strong financial position with $9 million in debt and a focus on cash generation and reinvestment [27] - **Cash Conversion**: Aiming to return to over 100% cash conversion after pandemic-related fluctuations [28] Challenges and Considerations - **Tariffs**: Current tariffs create uncertainty, particularly affecting U.S. sites, but FTG is managing costs effectively under the USMCA agreement [33] - **Industry Capacity**: There is constrained capacity in the aerospace and defense manufacturing sector, leading to challenges in meeting demand [36] ESG Focus - **Environmental Responsibility**: FTG emphasizes environmental considerations in its manufacturing processes [29] Conclusion - FTG is positioned for growth in the aerospace and defense sector, with a strong focus on operational performance, strategic acquisitions, and maintaining customer relationships. The company is navigating challenges such as tariffs and industry capacity constraints while aiming for continued financial health and ESG compliance.

Core Insights - 40 Brightwater LLC executed a Sales Purchase Agreement for $10 billion worth of Bitcoin at a 90% Discount / 90% Premium, allowing significant leverage with PEG Global Private Equity X S.A.SICAV-RAIF's Cryptocurrency Lender [1] - A Letter of Intent was signed for a 10-year loan of $21 billion, secured by standby letters of credit from a top 10 European Bank and a $100 million deposit into Oaktree Capital's Escrow, with closing scheduled for October 31, 2025 [2] - Multicorp International, Inc. will receive $10 billion from the $21 billion loan to 40 Brightwater LLC, enhancing its business capabilities and alliances [3] Company Overview - Multicorp International, Inc. is a diversified leader in health, energy, and agriculture, focusing on strategic initiatives for growth and market expansion [4] - Partners Global Equity Group manages $95 billion in assets and is a major player in private equity, venture capital, and credit, providing transformational capital and expertise [5] - Airavata Developers Corporation specializes in commercial and industrial infrastructure construction, emphasizing project management and sustainability [6] - Edwards Capital N.A. LLC is a private Family Office focused on enhancing private wealth through strategic asset class initiatives [7] - 40 Brightwater LLC is a private holding company that acquires private entities and merges them with public companies, leveraging its financial network [8]

Track Bitmine’s recent acquisitions in this custom entity:https://t.co/SdylbrJYWF ...

Core Viewpoint - Sandstorm Gold Ltd. has completed its arrangement with Royal Gold, Inc., resulting in Royal Gold acquiring all outstanding common shares of Sandstorm [1][2]. Summary by Sections Arrangement Details - Sandstorm shareholders received 0.0625 of a share of Royal Gold for each Sandstorm Share held as part of the arrangement [2]. - The Sandstorm Shares are expected to be delisted from both the Toronto Stock Exchange and the New York Stock Exchange within two to three business days following the announcement [3]. - Sandstorm will apply to cease being a reporting issuer in applicable jurisdictions and will deregister its shares under the U.S. Securities Exchange Act of 1934 [3]. Shareholder Instructions - Shareholders are advised to review the Management Information Circular dated September 8, 2025, for details on receiving the consideration for their shares [4][5]. - Registered shareholders must complete and return the letter of transmittal along with their share certificates to Computershare Investor Services Inc. [5]. - Non-registered shareholders should contact their intermediaries for instructions on receiving the consideration [5]. Additional Information - Due to the ongoing Canada Post strike, registered shareholders are encouraged to use courier services or hand deliver their documentation to the depositary [6].

Core Insights - Arthur J. Gallagher & Co. has acquired Strategic Services Group, Inc., a Michigan-based employee benefits consulting firm, although the terms of the transaction were not disclosed [1][2]. Company Overview - Strategic Services Group specializes in employee benefits consulting services across various industries in Michigan and the Midwest [2]. - The team led by Doug Roehm and Greg Sudderth will continue to operate from their current location under the leadership of Brian Lomas, who oversees Gallagher's Great Lakes region employee benefits consulting and brokerage operations [2]. Strategic Implications - The acquisition is expected to enhance Gallagher's employee health benefits consulting capabilities in the region, as noted by J. Patrick Gallagher, Jr., Chairman and CEO [3]. - Gallagher operates globally, providing insurance brokerage, risk management, and consulting services in approximately 130 countries [3].

Core Points - Western Midstream Partners, LP has completed the acquisition of Aris Water Solutions, Inc, enhancing its position as a leading midstream flow-assurance provider in the Delaware Basin [2][3] - The merger allows Western Midstream to better address the challenges faced by producer customers in Texas and New Mexico regarding produced-water management [2] Acquisition Details - Each share of Aris Class A common stock and corresponding units was converted into either 0.625 common units of WES, $25.00 in cash, or a combination of 0.450 common units and $7.00 in cash [2][3] - Approximately 28% of the total merger consideration will be in cash, totaling $415.0 million, while about 72% will be in common units, amounting to approximately 26.6 million units [3] Company Overview - Western Midstream operates midstream assets across Texas, New Mexico, Colorado, Utah, and Wyoming, focusing on natural gas and produced water management [4] - The company’s cash flows are largely protected from commodity price volatility through fee-based contracts, providing stability in operations [4]

Tokio Marine, Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit https://t.co/MVcAJxKjRX ...