DANBURY, Conn. and BURLINGTON, Mass., Oct. 07, 2025 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq: MNKD) successfully completed the previously announced acquisition of scPharmaceuticals Inc. The acquisition of scPharmaceuticals is expected to diversify and accelerate MannKind’s double-digit revenue growth, driven by FUROSCIX® (furosemide injection), an innovative therapy for edema due to chronic heart failure and chronic kidney disease. The transaction will strengthen MannKind’s commercial and medical ca ...

Core Viewpoint - Stella-Jones Inc. has announced a definitive agreement to acquire Brooks Manufacturing Co. for approximately US$140 million, aiming to expand its product offerings and enhance its market reach in the utility sector [1][3]. Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution and transmission, as well as railway transportation systems [4]. - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4]. Acquisition Details - The acquisition of Brooks, a manufacturer of treated wood distribution crossarms and transmission framing components, is expected to close by the end of the year, pending U.S. antitrust regulatory approval [1][3]. - Brooks reported sales of approximately US$84 million for the year ended December 31, 2024 [3]. - The acquisition will be financed through Stella-Jones' existing revolving credit facilities [3]. Strategic Rationale - The acquisition is seen as a natural fit that enhances Stella-Jones' ability to meet the growing demand from utilities and unlock new growth opportunities [3]. - The move aligns with the company's strategic focus to become a partner of choice for infrastructure customers [3].

Core Viewpoint - Nukkleus Inc. has strengthened its balance sheet through a recent private placement and a $250 million line of equity, positioning the company for continued growth and compliance with Nasdaq standards [1][2][3]. Financial Position - The recent $10 million PIPE and $250 million equity line significantly enhance the company's market capitalization and financial flexibility, allowing for strategic acquisitions in the Aerospace and Defense sector [1][4]. - Nukkleus has regained full compliance with Nasdaq's minimum market capitalization requirement, which is expected to improve its visibility and credibility in the investment community [2][3]. Strategic Growth - The private placement is anticipated to accelerate Nukkleus' strategic acquisition program and support its expansion plans in Europe, enabling the identification and scaling of high-potential businesses [4][5]. - The company aims to build a diversified, innovation-driven A&D platform that generates sustainable growth and measurable returns for shareholders [4][6]. Market Positioning - Nukkleus' inclusion in the Russell Microcap Index is expected to attract enhanced analyst coverage, providing greater market transparency and research support for investors [2][3]. - The company focuses on acquiring and scaling mission-critical suppliers in the defense, aerospace, and advanced manufacturing sectors, targeting Tier 2 and Tier 3 companies [6][7].

Core Viewpoint - Escalade, Inc. has announced the acquisition of Gold Tip and Bee Stinger brands from Revelyst Inc., enhancing its position in the archery market and expanding its product offerings in precision carbon arrows and premium stabilizers [1][2][3]. Company Overview - Escalade, Inc. is a leader in archery, sporting goods, and indoor/outdoor recreation equipment, founded in 1922 and headquartered in Evansville, Indiana [5]. - The company has a diverse portfolio of brands, including Bear Archery, Trophy Ridge, and Cajun Bowfishing, and aims to connect families and friends through recreational activities [5]. Acquisition Details - The acquisition of Gold Tip, a manufacturer known for its innovative carbon arrows, and Bee Stinger, a producer of premium bow stabilizers, is seen as a strategic move to strengthen Escalade's market position in archery [1][2]. - Escalade's CEO, Armin Boehm, emphasized the commitment to invest in these brands to accelerate product innovation and build on their past successes [2][4]. Strategic Importance - The addition of Gold Tip and Bee Stinger aligns with Escalade's long-term strategy to enhance its offerings in the archery and bowhunting markets, which are considered a strategic priority for the company [2][4]. - Eric Nyman, CEO of Revelyst, noted that the sale allows Revelyst to focus on its key categories while ensuring that Gold Tip and Bee Stinger are in capable hands with Escalade [3]. Market Position - The acquisition is expected to provide Escalade with a complete and market-leading range of archery products, thereby improving service to dealers, distributors, and retailers [4].

Core Viewpoint - Kuke Music Holding Limited has acquired a controlling interest in Naxos Music Group, enhancing its position in the classical music services market and expanding its global reach [1][12]. Transaction Overview - The acquisition was completed on September 17, 2025, with a total transaction value of approximately US$106.35 million, settled entirely through the issuance of Kuke's Class A ordinary shares [2]. - Kuke issued a total of 661,392,939 Class A ordinary shares as consideration for the acquisition [3]. Transaction Structure and Consideration - The shares were valued at US$0.1608 each, based on the average closing price of Kuke's American Depositary Shares for the 60 trading days prior to the transaction [3]. - The consideration may be settled in cash or through share issuance, with provisions for cash redemption under certain circumstances [4]. Shareholder Rights and Approvals - The transactions received approval from Kuke's shareholders, Board of Directors, and Audit Committee, following an independent valuation [6]. - Existing shareholders of Naxos One had preemptive rights regarding the issuance of Class B ordinary shares, which were not exercised before the deadline [7]. Acquisition Details - Kuke subscribed for 17,500 newly issued Class B ordinary shares at US$6,000 per share, totaling US$105 million, and acquired 108 Class A ordinary shares from Desun for US$1.35 million [8]. - Following the acquisition, Kuke holds approximately 70.43% of the outstanding shares of Naxos One, which controls Naxos Music Group [5]. Strategic Rationale - The acquisition is seen as a transformative step for Kuke, providing significant synergies between its music education platform and Naxos's extensive catalog and distribution network [12]. - Kuke aims to leverage Naxos's world-class content library to enhance its offerings and strengthen its market position [13]. About Naxos Music Group - Naxos Music Group, established in 1987, is a leading independent classical music organization with a vast catalog and global distribution capabilities [10][11]. - The company has pioneered digital music streaming and operates a comprehensive ecosystem for classical music, including educational services [11].

Group 1 - Heineken will acquire the beverage and retail businesses of Costa Rica's Florida Ice and Farm Company for $3.2 billion in cash, enhancing its presence in Central America [1][2] - The acquisition includes ownership of Costa Rica's Imperial beer brand, a soft drink business, and a PepsiCo bottling license [1][3] - The deal will allow Heineken to access new growth opportunities and profit pools in Central America, as sales volumes in Europe and the U.S. are slowing [2][4] Group 2 - Heineken will purchase the remaining 75% of Distribuidora La Florida, which includes over 300 outlets in Costa Rica and operations in El Salvador, Guatemala, and Honduras [3][4] - The transaction also encompasses 75% of Nicaragua Brewing Holding and the remaining 25% of Heineken Panama, along with full ownership of FIFCO's non-beer business in Mexico [3][4] - The deal is expected to complete in the first half of 2026 and will provide an immediate boost to Heineken's operating margin and earnings per share before exceptional items [4] Group 3 - Following the acquisition, Heineken expects its net debt to rise by €3.2 billion ($3.77 billion), with net debt at approximately €15.5 billion at the end of June [5] - FIFCO operates five production plants and 13 distribution centers across Central America, the Dominican Republic, Mexico, and the U.S., exporting to over 10 countries [5]

Core Viewpoint - Radian Group Inc. has announced a definitive agreement to acquire Inigo Limited for $1.7 billion, primarily in cash, marking a significant strategic shift for the company from a U.S. mortgage insurer to a broader insurance entity [1]. Company Summary - The acquisition of Inigo Limited, a profitable Lloyd's specialty insurer, is expected to enhance Radian's business portfolio and capabilities [1]. - The transaction will be funded through Radian's available liquidity and excess capital from its subsidiaries, indicating a strong financial position to support this strategic move [1]. Industry Summary - This acquisition reflects a trend in the insurance industry where companies are diversifying their offerings and expanding into specialty insurance markets to drive growth and profitability [1].

Core Viewpoint - Mobix Labs has proposed an acquisition of Peraso, offering a mix of 30% cash and 70% stock to Peraso shareholders, aiming to close the transaction within 75 days [3][4][5] Group 1: Acquisition Proposal - The acquisition proposal includes approximately 30% cash and 70% Mobix Labs common stock, providing immediate value and future growth potential for Peraso shareholders [4][5] - Mobix Labs and Peraso are seen as a natural strategic fit, with Peraso's expertise in millimeter wave and wireless technologies complementing Mobix Labs' focus on aerospace and defense [5][8] Group 2: Value Creation - The proposed transaction is expected to unlock significant value through revenue growth, cost synergies, and enhanced market competitiveness [5][8] - Mobix Labs anticipates immediate cost savings from eliminating redundancies and streamlining operations post-acquisition [8] Group 3: Financial Outlook - The transaction is projected to be accretive quickly, boosting earnings per share and creating near-term stockholder value [8] - Mobix Labs has sufficient financing alternatives to fund the acquisition, positioning the combined company to benefit from increasing global investments in aerospace, defense, and advanced wireless markets [5][8]

Core Viewpoint - TOYO Co., Ltd has announced the acquisition of the VSUN brand from its sister company, Vietnam Sunergy Joint Stock Company, to streamline operations and enhance shareholder value [1][2] Group 1: Acquisition Details - The acquisition of the VSUN brand will accelerate TOYO's growth and expansion, leveraging VSUN's established customer base and proven technology [2][4] - Since 2018, VSUN has delivered over 8 GW of solar modules to the U.S. market, indicating a strong market presence and customer trust [2][6] - The acquisition did not involve any issuance of new equity by TOYO [3] Group 2: Strategic Benefits - The acquisition is viewed as a catalyst for long-term value creation, combining TOYO's manufacturing strength with VSUN's global reach [5] - TOYO gains immediate access to a well-established customer base, positioning itself to meet increasing demand for U.S. solar panels [6] - The acquisition supports TOYO's strategic expansion into the U.S. market, complementing its existing manufacturing footprint in Vietnam and Ethiopia [6] Group 3: Market Recognition and Performance - VSUN has been recognized as a "Top Performer" by PV Evolution Labs for five consecutive years and has maintained Tier 1 status by BloombergNEF since Q3 2019 [6] - VSUN was awarded "Overall Highest Achiever" in the PV Module Index by the Renewable Energy Test Center for 2024 and 2025 [6] - The brand has also received a Bronze Medal from EcoVadis for its Corporate Social Responsibility and ESG management [6] Group 4: Operational Synergies - TOYO operates one of the largest non-Chinese N-type solar cell manufacturing bases globally, which is expected to enhance operational efficiencies and cost competitiveness through the integration of the VSUN brand [6][7] - The acquisition is anticipated to improve TOYO's revenue base and expand its market presence, particularly in the U.S. utility-scale market [6]

Core Insights - Marsh & McLennan Agency (MMA) has acquired Robins Insurance, an independent insurance agency in Nashville, TN, which specializes in business and personal insurance services [1][9] - The acquisition aims to leverage Robins' local expertise alongside MMA's extensive resources to enhance insurance and advisory services [2][3] - This strategic move reflects MMA's focus on regional growth opportunities, particularly in Nashville's expanding commercial real estate and hospitality sectors [3] Financial Performance - Marsh & McLennan's total revenues increased by 10% and 8% year over year in 2023 and 2024, respectively, with an 11% year-over-year growth in the first half of 2025 [4] - Revenues from the Marsh division rose by 16% year over year in the first half of 2025 [4][9] Strategic Initiatives - The company has been actively pursuing strategic acquisitions, new product launches, and diversification into emerging markets, with notable acquisitions in 2025 including Acumen Solutions Group LLC, Arthur Hall Insurance, and Excel Insurance [5] - Retaining Robins' team is expected to help maintain client trust and community connections, which is crucial for the success of the acquisition [2][3] Market Position - Year-to-date, Marsh & McLennan shares have declined by 3.2%, outperforming the industry average decline of 14.2% [6]