First Financial Bancorp ("First Financial") has agreed to acquire Westfield Bancorp, which has $2.2 billion in assets, the holding company of Westfield Bank, FSB. This expands First Financial's ability to serve the geographically attractive communities of Northeast Ohio. The acquisition will grow First Financial to a $20.6 billion Midwest-based institution, with a broad suite of capabilities for retail and business clients and a focus on community. All Westfield Bank retail locations will remain open and w ...

Core Viewpoint - Indosuez Wealth Management is set to acquire the Wealth Management clients of BNP Paribas Group in Monaco, enhancing its market position and service offerings in the region [1][3]. Group 1: Acquisition Details - The acquisition agreement has been signed between CFM Indosuez and BNP Paribas Group's subsidiary in Monaco [1]. - This transaction aims to strengthen Indosuez's position among ultra-high net worth clients (UHNW) in Monaco [3]. - The finalization of the transaction is subject to approval from relevant supervisory authorities and is expected to be completed in the first half of 2026 [3]. Group 2: Client Benefits - Clients of BNP Paribas in Monaco will experience continuity in support and access to a comprehensive range of services due to CFM Indosuez's established local presence and expertise [2]. - The acquisition will allow clients to benefit from an international network and various financing capabilities, backed by the stability of Crédit Agricole, the world's 9th largest bank [2]. Group 3: Strategic Implications - The acquisition aligns with Indosuez's growth strategy in a consolidating wealth management sector in Europe [3]. - BNP Paribas's decision to sell its Wealth Management business in Monaco is part of a strategic refocus on a single platform for its local activities, including corporate and retail banking [3]. Group 4: Company Background - Indosuez Wealth Management has been operating since 1922 and is recognized as a leading bank in Monaco, employing nearly 400 specialized staff [9][10]. - As of December 2024, Indosuez Wealth Management manages €215 billion in client assets, positioning it among Europe's top wealth management firms [8].

FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announces that it has successfully executed an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million ove ...

Core Viewpoint - DICK'S Sporting Goods is conducting an Exchange Offer for Foot Locker Notes, allowing eligible holders to exchange their notes for new DICK'S Notes and cash, in connection with the planned acquisition of Foot Locker [1][4]. Summary by Sections Exchange Offer Details - DICK'S is offering up to $400,000,000 in new notes in exchange for Foot Locker's outstanding notes, with a significant participation rate of 92.35% as of the Early Participation Date [1][2]. - The consent payment for the Foot Locker Notes is approximately $2.71 per $1,000 in principal amount validly tendered [2]. Proposed Amendments - The Proposed Amendments to the Foot Locker Notes will eliminate most restrictive covenants and certain events of default, becoming effective upon the closing of the acquisition or the settlement of the Exchange Offer [1][4]. Timeline and Conditions - The Exchange Offer and Consent Solicitation will expire on August 1, 2025, unless extended, with the settlement date expected shortly after this expiration [6]. - The Exchange Offer is conditioned upon the successful closing of the acquisition, which cannot be waived by DICK'S [4]. Additional Offer Information - Eligible holders who tender their Foot Locker Notes after the Early Participation Date will receive an early participation premium of $30.00 for each $1,000 in principal amount of Foot Locker Notes tendered [3]. - Documents related to the Exchange Offer will only be distributed to eligible holders who meet specific criteria [6]. Company Background - DICK'S Sporting Goods is a leading omni-channel sporting goods retailer, operating over 850 stores and focusing on supporting athletes and outdoor enthusiasts [17].

Core Points - Novartis announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in relation to its tender offer to acquire Regulus Therapeutics Inc. [1][2] - The tender offer includes $7.00 in cash per share and one contingent value right (CVR) per share, which represents the right to receive an additional $7.00 upon achieving a regulatory milestone [1][2]. - The expiration of the HSR Act waiting period is a necessary condition for the completion of the merger agreement dated April 29, 2025 [2]. Tender Offer Details - The offer will expire one minute past 11:59 p.m. New York City Time on June 24, 2025, unless extended or terminated earlier [2]. - The completion of the transaction requires validly tendered shares that, along with shares owned by Novartis and its subsidiaries, represent at least one more than 50% of the total outstanding shares [2]. Additional Information - Novartis and its subsidiary filed a tender offer statement with the U.S. Securities and Exchange Commission (SEC), and Regulus filed a solicitation/recommendation statement regarding the tender offer [3]. - Investors are encouraged to read the tender offer materials and the solicitation/recommendation statement for important information before making decisions [4].

If you build an amazing free product, it takes way longer. But what you end up building is an organic growth flywheel. Meaning you tell your friends about Dualingo.I don't know if you do, they can go experience the full thing for free. Whether they appear or not, doesn't matter. If they like it, they will also tell their friends.It just expands the entire pie of people who can use your product. And we have a lot of users that use the app for free for 5 years. Eventually, one January, they're like, "Oh, I'm ...

A bidding war appears to be brewing for building products distribution company GMS (GMS 24.74%), and investors are excited by the possibilities.Shares of GMS jumped 26% on Friday morning after the company was put in play by an unsolicited suitor. A building products bidding war?GMS is a construction products distributor and tool supplier for consumer and commercial customers. Late Wednesday, QXO (QXO 5.29%) proposed acquiring the business for about $5 billion, or $95.20 per share in cash, a premium of 27% t ...

Core Viewpoint - Worthington Enterprises has acquired Elgen Manufacturing for approximately $93 million, enhancing its position in the HVAC market and aligning with its strategy to build leadership in niche markets [1][4]. Company Overview - Worthington Enterprises is a designer and manufacturer of brands that improve everyday life, operating primarily in two segments: Building Products and Consumer Products [5][6]. - The Building Products segment includes solutions for heating, cooling, construction, and water applications, while the Consumer Products segment covers tools and outdoor living [5]. Acquisition Details - Elgen Manufacturing, based in Closter, New Jersey, specializes in HVAC parts and components, generating net sales of $114.9 million and EBITDA of $13.3 million for the trailing 12 months ended April 30, 2025 [4]. - The acquisition is expected to create synergies and growth opportunities by leveraging Worthington's manufacturing expertise and distribution model [2][3]. Strategic Fit - The acquisition aligns with Worthington's strategy to acquire businesses with strong market positions, as Elgen's manufacturing processes and sales strategies complement those of Worthington [2][3]. - Elgen's products are used in commercial buildings, and its sales strategy focuses on direct sales to contractors and partnerships with distributors, enhancing customer service and lead times [2]. Leadership and Integration - Elgen's leadership team, including CEO David Young, will remain with the company, ensuring continuity and commitment to customer service and innovation [3].

Core Insights - Envista Holdings Corp. (NVST) is positioned for robust future growth through global commercial organization expansion and deeper market penetration [1][3] - The company is actively assessing strategic acquisitions to complement its portfolio and enter new economic sectors [1][5] - Strong solvency is indicated by cash reserves and low debt levels, although currency fluctuations pose challenges [1][7][10] Financial Performance - NVST stock has gained 9.4% over the past year, outperforming the industry and S&P 500 growth rates of 8.4% and 9.2%, respectively [2] - The company has a market capitalization of $3.12 billion and an earnings yield of 5.4%, significantly higher than the industry's 0.5% [2] - In the last reported quarter, NVST achieved an earnings surprise of 20% [2] Market Expansion - Envista is focusing on international market expansion, with key markets in Europe, Asia, the Middle East, and Latin America [3] - The company enhances patient access to dental care by expanding clinical training and education, reaching over 250,000 dental professionals annually [3] - Positive growth was reported in North America, Japan, and emerging markets, while Europe experienced flat growth [4] Strategic Acquisitions - Recent acquisitions include Osteogenics Biomedical and Carestream Dental's Intraoral Scanner business, now operating as DEXIS [6][9] - These acquisitions aim to enhance NVST's product offerings and market reach [9] Solvency and Financial Strength - As of Q1 2025, NVST had cash and cash equivalents of $1.08 billion and current debt of only $116 million, indicating strong financial flexibility [7][9] - The debt-to-capital ratio decreased to 31.7%, reflecting improved financial health [7] Foreign Exchange Impact - Currency fluctuations negatively impacted sales by nearly 140 basis points year over year in Q1 2025 [10] - The company's operations are exposed to multiple foreign currencies, affecting sales, costs, and net income [10] Earnings Estimates - The Zacks Consensus Estimate for NVST's 2025 earnings per share (EPS) has increased by 3% to $1.03 [11] - Revenue estimates for 2025 are projected at $2.55 billion, indicating a 1.5% increase from the previous year [11]

Acquisition Overview - VitalHub Corp. has completed the cash acquisition of Induction Healthcare Group PLC through a court-sanctioned scheme of arrangement, valuing Induction at approximately £9.7 million [1][4] - The acquisition price was £0.10 in cash for each Induction share [4] Induction's Business and Financials - Induction provides software solutions that enhance care delivery and patient journeys in hospitals, with key products including Zesty and Attend Anywhere [3][6] - For the six-month period ending September 30, 2024, Induction reported revenues of £5.4 million, a gross margin of 78.2%, and an adjusted EBITDA loss of £0.9 million [4] - Zesty generated revenues of £2.0 million, while Attend Anywhere generated revenues of £3.2 million, with £0.2 million from discontinued operations [4] - As of the acquisition closing date, Zesty had an Annual Recurring Revenue (ARR) of £2.2 million, and Attend Anywhere had virtual care recurring revenue of £4.6 million [4][14] Strategic Rationale - The CEO of VitalHub stated that the Induction product set, particularly the Zesty platform, is highly complementary to VitalHub's existing solutions, aiming to enhance value for healthcare partners and improve patient outcomes [5] - VitalHub's growth strategy includes targeting organic opportunities and pursuing an aggressive M&A plan [5]