Core Insights - The company reported record quarterly revenue of $4.8 million, reflecting a 139% year-over-year growth [1] - The net loss for the quarter was $5.2 million, translating to a loss of $3.11 per diluted share [1] - Adjusted EBITDA loss for the quarter was $2.9 million, attributed to low inventory availability [1] - The acquisition of Sportstech is expected to close in 2025, contingent on key closing milestone achievements [1] - The company reiterated its 2025 pro forma revenue guidance of more than $80 million and fourth quarter profitability guidance [1]

Core Viewpoint - Cenovus Energy Inc. has successfully completed the acquisition of MEG Energy Corp, enhancing its portfolio of long-life, low-cost oil sands assets and adding significant production capacity [1][2] Group 1: Acquisition Details - The acquisition adds approximately 110,000 barrels per day of low-cost, long-life oil sands production to Cenovus [1] - Total consideration for the acquisition includes $752 million in cash for 25 million MEG shares, $3.44 billion in cash to MEG shareholders, and 143.9 million Cenovus common shares issued to MEG shareholders [5] - Estimated net debt assumed upon closing is approximately $800 million [5] Group 2: Strategic Impact - The acquisition is expected to have an immediate positive impact on Cenovus, with identified synergies creating significant value in both the short and long term [1] - Cenovus plans to provide updated guidance reflecting the MEG acquisition with its 2026 budget on December 11, 2025 [1] Group 3: Market Response - MEG common shares are anticipated to be delisted from the Toronto Stock Exchange at the close of market on November 14, 2025 [2]

Mergers and Acquisitions - Claytion Dubilier & Rice is considering acquiring Sealed Air [1] Company Information - Sealed Air is a packaging company known for inventing Bubble Wrap [1]

Core Insights - Essity has agreed to acquire Edgewell Personal Care's feminine care business for USD 340 million, enhancing its position in the North American hygiene market [1][3] - The acquisition includes well-known brands such as Carefree, Stayfree, and o.b., as well as global rights for Playtex and a production facility in Dover, Delaware [1][3] - The deal is expected to close in the first quarter of 2026, pending regulatory approvals [1] Financial Summary - The purchase price of USD 340 million represents an EBITDA multiple of approximately 12.1x based on pro-forma IFRS as of June 30, 2025, and 8.3x when including estimated run-rate synergies [1] - For the 12 months ending June 30, 2025, the acquired business reported net sales of USD 261 million and a segment operating profit of USD 17 million [1] Strategic Implications - This acquisition aligns with Essity's strategy to focus on high-margin categories and strengthen its market position in the US, the largest hygiene market globally [1] - Essity aims to leverage its established success in the feminine care sector to grow the acquired brands [1]

Core Viewpoint - Commercial Metals Company (CMC) plans to offer $2,000 million in new senior unsecured notes to fund the acquisition of Foley Products Company and for general corporate purposes [1][3]. Offering Details - The final terms of the offering will be determined at the time of pricing, and the notes will rank equally with CMC's existing and future senior unsecured indebtedness [2]. - The offering is not contingent upon the closing of the Foley Acquisition, and if the acquisition is not completed by October 15, 2026, CMC will redeem the notes at 100% of the initial issue price plus accrued interest [4]. Use of Proceeds - The net proceeds from the sale of the notes will be used to fund the Foley Acquisition, transaction-related fees, and general corporate purposes [3]. Regulatory Compliance - The notes will be offered only to qualified institutional buyers and certain non-U.S. persons, and will not be registered under the Securities Act [4][5]. Company Overview - CMC is an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications [6].

L’Oréal is selling at least €1.5 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté https://t.co/AHjcjCb1ge ...

Parker-Hannifin agreed to buy Filtration Group from Madison Industries for $9.25 Billion, building out the manufacturer’s industrial filtration business https://t.co/pX6x9irPX2 ...

Core Insights - Flexible Solutions International, Inc. (FSI) is focused on developing biodegradable polymers for various applications including oil extraction, detergents, water treatment, and crop nutrients [1][3] - FSI recently made an acquisition offer for 70% of a medium-sized agriculture company in Indiana, which was declined by the target's Board without a vote [2] - The CEO of FSI expressed disappointment over the declined offer, highlighting the potential synergies between FSI and the target company [3] Company Overview - FSI is based in Taber, Alberta, and specializes in environmental technology, particularly biodegradable, water-soluble products made from thermal polyaspartate (TPA) biopolymers [3] - The company has expanded into the food and nutrition supplement market, obtaining FDA food grade approval for its Peru, IL plant in 2022 [3] - FSI's other divisions focus on manufacturing energy and water conservation products for various markets including drinking water, agriculture, and industrial applications [3] Acquisition Details - The acquisition offer was structured as 5 times the full year 2025 EBITDA plus an additional 2.5 times the full year 2025 EBITDA based on performance over three years [2] - FSI has decided not to increase its offer, believing it represents full value, and has removed the debt financing initially planned for the acquisition [2]

Acquisition Funding - Verizon initiated a corporate bond offering to finance its acquisition of Frontier [1]

🚨UPDATE: @BYBIT PURSUES KORBIT ACQUISITION TO SPEED UP GLOBAL CRYPTO EXPANSION INTO SOUTH KOREA ~ MAEIL BUSINESS NEWSPAPER ...