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Pelthos Therapeutics Completes Merger with Channel Therapeutics and Closes $50.1 Million Private Placement
GlobeNewswire News Room· 2025-07-02 11:00
Combined company will operate under the name "Pelthos Therapeutics Inc." and will trade on the NYSE American exchange under the ticker symbol "PTHS" starting on July 2, 2025 The combined company plans to launch ZELSUVMI™ for the treatment of molluscum contagiosum infections in July 2025 DURHAM, N.C., July 02, 2025 (GLOBE NEWSWIRE) -- Pelthos Therapeutics Inc., a biopharmaceutical company committed to commercializing innovative therapeutic products for high unmet patient needs, today announced the closing of ...
The Ensign Group Continues Growth in Idaho
Globenewswire· 2025-07-02 10:00
SAN JUAN CAPISTRANO, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of Timber Springs Transitional Care, a 120-bed skilled nursing facility located in Boise, Idaho. The real estate ...
X @Bloomberg
Bloomberg· 2025-07-02 05:04
KKR agreed to acquire Australian agriculture infrastructure company ProTen from Aware Super, in another Asia-Pacific deal by the US private equity firm https://t.co/rkTNj0IlwR ...
X @Arkham
Arkham· 2025-07-01 22:57
RT CoinDesk (@CoinDesk)INSIGHT: 🔥 Blackrock acquired $3.85B of Bitcoin in June.How much do you think they'll acquire in July? 👇(h/t @arkham) https://t.co/Uxkqv8inAt ...
X @CoinDesk
CoinDesk· 2025-07-01 22:57
INSIGHT: 🔥 Blackrock acquired $3.85B of Bitcoin in June.How much do you think they'll acquire in July? 👇(h/t @arkham) https://t.co/Uxkqv8inAt ...
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-07-01 18:26
Latest acquisition updatehttps://t.co/r6tnElnnXLSharpLink Gaming (@SharpLinkGaming):NEW: At SharpLink, we have increased our total ETH holdings to 198,167Between June 23rd and June 30th, we've acquired ~9,468 ETH for ~$22.8M at an average price of ~$2,411 per ETHDuring that same period, we've raised an additional ~$24.4M through our At-The-Market (ATM) ...
X @The Economist
The Economist· 2025-07-01 18:01
The biggest benefits seem to come to those who master their second languages fully. That in turn is usually because they have spoken them on a near-daily basis for a long time https://t.co/TmjmNFZqU7 ...
APH Scales Through Acquisitions: Is the Growth Thesis Strengthening?
ZACKS· 2025-07-01 16:41
Key Takeaways APH's Q1 sales grew 48% year over year to $4.8B, driven by strategic acquisitions. Earnings rose 58% to 63 cents as recent deals boosted high-tech interconnect offerings. Andrew and LifeSync acquisitions expand reach in wireless and medical, adding scale and revenues.Amphenol (APH) continues to expand its portfolio and end-market presence through strategic acquisitions across communications, medical and defense end-markets. These acquisitions are enhancing the company’s high-technology inter ...
Modine Expands Commercial IAQ Portfolio with Acquisition of Climate by Design International
Prnewswire· 2025-07-01 13:20
Strategic acquisition brings Modine desiccant dehumidification technology and additional capacity for critical process air handling systemsRACINE, Wis., July 1, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a global leader in thermal management technology and solutions, announced the acquisition of Climate by Design International (CDI), a Minnesota-based manufacturer specializing in desiccant dehumidification technology and critical process air handlers. This strategic acquisition builds on Modine's capabilities ...
Astec Completes Acquisition of TerraSource Holdings, LLC
Globenewswire· 2025-07-01 13:00
Core Insights - Astec Industries, Inc. has completed the acquisition of TerraSource Holding, LLC, which is expected to enhance gross profit margins, adjusted EBITDA margins, and earnings per share due to the significant contribution of aftermarket parts and services to TerraSource's revenue [1][6] - The acquisition aligns with Astec's disciplined growth strategy and is anticipated to be accretive from day one, improving the quality of earnings [2][6] - The deal is valued at $245 million in cash, with a net purchase price of $230 million after accounting for anticipated tax benefits [6] Company Overview - Astec is a manufacturer specializing in equipment for asphalt road building, aggregate processing, and concrete production, divided into two main segments: Infrastructure Solutions and Materials Solutions [3] - TerraSource provides industry-leading equipment for various applications, including crushers and waste management solutions, with a legacy of over 100 years [4] Financial Expectations - The acquisition is expected to generate annual run-rate synergies of approximately $10 million by the end of year two [6] - Astec anticipates a proforma net leverage ratio of around 2.0x net debt to adjusted EBITDA for 2025 [6]