Acquisition and Contract - Odfjell Drilling has completed the acquisition of the Deepsea Bollsta drilling rig, which includes a drilling contract with Equinor until early 2028, with options for five one-year extensions [1] - The rig will be renamed Deepsea Bergen, with the formal name change set for 2026 [1] Refinancing and Financial Structure - The company has secured long-term funding through a refinancing process, which includes $550 million in term loans and revolving credit facilities, along with a new $650 million bond rated for 5.25 years [2] - The refinancing process has improved pricing, extended maturities to 2031, and retained flexibility through revolving facilities [5] Financial Stability and Earnings Impact - Odfjell Drilling's amortization schedule remains consistent, with an average annual amortization of around $94 million projected over the next five years [3] - The company has no significant debt maturities until 2031, ensuring long-term financial stability [3] - The acquisition was financed entirely through debt and is expected to have an immediate positive impact on earnings [3] Order Backlog and Operational Risk - The acquisition, combined with existing contracts for the Deepsea Nordkapp and Deepsea Aberdeen rigs, boosts the company's secured order backlog by nearly $1 billion since the last reporting period [4] - The company has operated the rig for the past three years and expects minimal operational risk during the integration process [4] Strategic Positioning - Odfjell Drilling has an average of two and a half years of backlog secured across its owned units at attractive day rates, positioning the company well for 2026 [5]

Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring► https://t.co/JkLeBqVHrr https://t.co/JkLeBqVHrr ...

LATEST: ⚡ USDT issuer Tether has submitted a proposal to acquire a 100% stake in Juventus, saying it is prepared to invest 1 billion euros in the football club if the deal goes through. https://t.co/TcRNOIMmGW ...

Tether announced that it has submitted a binding all-cash proposal to Exor to acquire Exor’s entire stake in Juventus Football Club, representing 65.4% of the club’s issued share capital. The transaction is subject to regulatory approvals and the execution of definitive documentation. The acquisition would be fully funded with Tether’s own capital, and, if completed, Tether plans to invest up to €1 billion to support the development of Juventus. https://t.co/ZwOyEuoxFg ...

LATEST: 🌎 Nexo has acquired Latin American crypto platform Buenbit in a deal that adds over 1 million users and a regulated footprint in Argentina, with Buenos Aires set to serve as Nexo's LATAM headquarters. https://t.co/NOX3xKDgGm ...

Core Viewpoint - ITT Inc. has successfully closed a public offering of 8,050,000 shares of common stock, raising approximately $1.31 billion in net proceeds, which will primarily fund the acquisition of SPX FLOW, Inc. [1][2] Group 1: Offering Details - The public offering price was set at $167.00 per share, including the full exercise of the underwriters' option to purchase an additional 1,050,000 shares [1] - Goldman Sachs & Co. LLC and UBS Investment Bank served as lead book-running managers for the offering, with several other banks acting as additional bookrunners and co-managers [3] Group 2: Use of Proceeds - The net proceeds from the offering are intended to fund a portion of the acquisition of SPX FLOW, Inc. If the acquisition does not proceed, the funds will be allocated for general corporate purposes [2] Group 3: Company Overview - ITT is a diversified manufacturer specializing in critical components and customized technology solutions for transportation, industrial, and energy markets, with a global presence in over 35 countries [6]

The issue of who will acquire Warner Brothers is less of an "if" and way more of a "WEN" for this prediction markethttps://t.co/OooHpXrRfu https://t.co/BXWmXkmDlF ...

Argo is ramping up its bet on data centers after agreeing to be acquired by Apollo earlier this year https://t.co/izjXcxNYIB ...

Group 1 - IBM's acquisition strategy is positively viewed, indicating potential growth opportunities for the company [1] - Home Depot reported weaker than expected earnings growth guidance, which may impact investor sentiment and stock performance [2]

Core Viewpoint - ITT Inc. has announced a public offering of 7,000,000 shares of common stock at a price of $167.00 per share, with an additional option for underwriters to purchase up to 1,050,000 shares [1][2] Group 1: Offering Details - The estimated net proceeds from the offering are approximately $1.14 billion after deducting underwriting discounts and commissions, which will be used to fund a portion of the acquisition of SPX FLOW, Inc. [2] - The offering is expected to close on December 10, 2025, subject to customary closing conditions [1][2] - Goldman Sachs & Co. LLC and UBS Investment Bank are acting as lead book-running managers for the offering [3] Group 2: Regulatory Information - The offering is made pursuant to an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [4] - The preliminary prospectus supplement and accompanying base prospectus have been filed with the SEC and are available on the SEC's website [4] Group 3: Company Overview - ITT is a diversified manufacturer of critical components and customized technology solutions for transportation, industrial, and energy markets [6] - The company is headquartered in Stamford, Connecticut, and operates in over 35 countries with sales in approximately 125 countries [6]