acquisition

Search documents
X @Bloomberg
Bloomberg· 2025-07-11 08:46
Ferrero’s $3.1 billion acquisition of Kellogg signals a shift for the family’s fortune, which is overwhelmingly tied to sugary treats https://t.co/qslkh1ADt6 ...
Why CoreWeave's Acquisition of Core Scientific Is a Brilliant Move
The Motley Fool· 2025-07-11 07:23
On Monday, July 7, AI infrastructure darling CoreWeave (CRWV -9.60%) announced it would be acquiring Bitcoin miner Core Scientific (CORZ -1.97%) in an all-stock deal.Large acquisitions like this $9 billion venture can sometimes blow up in the acquiror's face. However, delving into the details of this deal's terms, not only does the combined company appear to have a high-probability of realizing significant benefits, but the acquisition also appears to have limited risks relative to typical large deals.Three ...
X @Bloomberg
Bloomberg· 2025-07-11 00:02
A little-known Japanese elevator stock has surged nearly 6,000% — by buying up heirless family-run firms https://t.co/XDhFiTZ348 ...
X @Bloomberg
Bloomberg· 2025-07-10 23:26
Goldman Sachs has promoted Ben Wallace as co-head of mergers and acquisitions in the Americas https://t.co/eZnr7GEr5A ...
Civista Bancshares, Inc. Announces Agreement to Acquire The Farmers Savings Bank; Launches Public Offering of Common Shares
Prnewswire· 2025-07-10 20:16
SANDUSKY, Ohio and SPENCER, Ohio, July 10, 2025 /PRNewswire/ -- Sandusky, Ohio based Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) and The Farmers Savings Bank ("Farmers") today announced the signing of a definitive merger agreement pursuant to which Civista will acquire Farmers. Based on financial data as of March 31, 2025, the combined company would have total assets of approximately $4.4 billion, total net loans of approximately $3.2 billion and total deposits of approximately $3.5 billion.Civista ...
X @Easy
Easy· 2025-07-10 20:05
Very interesting acquisition by PumpFun.I could have sworn it would have been more down the content / streaming / media / entertainment routeBut it seems they are looking to drive down the Social layer of trading and incentivize that vertical.Alon had some comments around it, now making the product free, but also using it for future rewards for actual 'traders' and not just KoLs.Looks like trading comps? and a more trading focused vertical will be coming?pump.fun (@pumpdotfun):we’re excited to announce that ...
VIIRL Marketing makes strategic acquisition of Phoenix Online Advertising's Yelp Division
GlobeNewswire News Room· 2025-07-10 16:30
SCOTTSDALE, Ariz., July 10, 2025 (GLOBE NEWSWIRE) -- VIIRL Marketing, a digital marketing agency and software company, is pleased to announce the acquisition of the Yelp Division from Phoenix Online Advertising, an online marketing agency in Phoenix, Arizona. The acquisition grows VIIRL Marketing’s lead generation channel and continues to build on the success of their back to back 2023 and 2024 Yelp Marketing Partner of the Year wins. Further expanding VIIRL’s presence in the home services space by serving ...
Can Acquisitions Create Long-Term Value for Occidental Petroleum?
ZACKS· 2025-07-10 15:41
Key Takeaways Occidental's acquisitions of Anadarko and CrownRock expanded its Permian Basin scale and asset quality. The deals added low-breakeven, high-margin production, bolstering free cash flow and operational efficiency. OXY stock rose 21% in three months, up from its industry's 12.6% growth despite a lower-than-average ROE.Occidental Petroleum Corporation (OXY) is well-positioned as a leading U.S. oil and gas producer with a diversified portfolio and operational footprint focused on high-return bas ...
Cereal giant WK Kellogg's shares surge 30% on $3B deal to be acquired by Ferrero Rocher owner
New York Post· 2025-07-10 15:23
Group 1: Acquisition Details - WK Kellogg has agreed to be acquired by Ferrero for approximately $3.1 billion, amid challenges from weakening consumer demand due to high inflation [1] - Ferrero has offered WK Kellogg's shareholders $23 per share, which represents a 31% premium over the stock's last closing price [2][5] - The acquisition is Ferrero's largest in recent years and will consolidate brands like Nutella, Kinder, and Frosted Flakes under one umbrella [3][7] Group 2: Market Context - The snacking sector is experiencing increased deal-making activity as food brands face muted sales following price hikes driven by higher input costs and a shift towards healthier options [1][7] - WK Kellogg and other packaged food companies, including J.M. Smucker and Kraft Heinz, have reported subdued demand due to cautious consumer spending in the U.S. [7][10] - WK Kellogg's projected second-quarter net sales are expected to be between $610 million and $615 million, falling short of analysts' average estimate of $653.7 million [8] Group 3: Company Background - WK Kellogg was spun off from Kellanova and represents the North American cereal business of Kellogg, the original parent company [4] - Kellanova, the maker of Cheez-It, is also in the process of being acquired by Mars in a deal valued at nearly $36 billion [4] - Ferrero has expanded significantly through acquisitions, including the purchase of Nestle's U.S. confectionery business for $2.8 billion in 2018, and reported revenue of €18.4 billion ($19.2 billion) for the financial year ending August 31 [9]
DNB Bank Scheduled to Report Q2 Earnings: What to Expect?
ZACKS· 2025-07-10 15:15
Key Takeaways DNBBY is set to report Q2 results, with NII likely pressured by lower deposit margins. A rebound in mergers and acquisitions can support modest gains in DNBBY's investment banking revenues. Elevated personnel, benefits and restructuring costs are expected to weigh on DNBBY's Q2 expense base.DNB Bank ASA (DNBBY) is slated to announce second-quarter 2025 results tomorrow.In the last reported quarter, this Zacks Rank #3 (Hold) stock reported an increase in net interest income (NII), as well as ...