Core Viewpoint - Lone Star Funds has successfully completed the acquisition of Hillenbrand, Inc. in an all-cash transaction valued at approximately $3.8 billion, marking a significant milestone for both companies [1]. Group 1: Acquisition Details - The acquisition was announced on October 15, 2025, and received shareholder approval on January 8, 2026 [1]. - Following the completion of the acquisition, Hillenbrand's common stock will cease trading and will be delisted from the New York Stock Exchange [1]. Group 2: Company Statements - Kim Ryan, President and CEO of Hillenbrand, expressed confidence in the partnership with Lone Star and emphasized a focus on customer service and growth [1]. - Donald Quintin, CEO of Lone Star, highlighted Hillenbrand's potential for growth and innovation with the new investment [1]. Group 3: Company Backgrounds - Hillenbrand is recognized as a global industrial company providing highly-engineered processing equipment and solutions, serving markets such as durable plastics, food, and recycling [1]. - Lone Star is a leading investment firm with over 30 years of experience in private equity, credit, and real estate, managing approximately $95 billion in capital commitments across 25 private equity funds since its inception [1].

🚨JUST IN: MR. BEAST ACQUIRES STEP - A TEEN FOCUSED FINANCIAL SERVICES APP IN BILLION-DOLLAR DEALMrBeast shared the news in a post on X, saying he wants to give “millions of young people the financial foundation I never had.”CJ MacDonald, Step’s CEO and co-founder, said the partnership would allow the company to scale its offerings and reach new users through Beast Industries’ audience. ...

Core Insights - GameStop is planning a significant acquisition that could potentially increase its valuation to "several hundreds of billions of dollars," according to CEO Ryan Cohen [1] - The company is looking for a public consumer company with strong growth prospects and a "sleepy management team" as its acquisition target [1] - Cohen indicated that the new acquisition plan is "way more compelling than Bitcoin" and could be transformational for both GameStop and the capital markets [2] Financial Position - As of Q3, GameStop reported having $8.8 billion in cash and marketable securities, along with $519 million in Bitcoin [3] - The company's Bitcoin holdings, initially valued at $513 million when purchased, are now worth approximately $334 million due to market conditions [5] Market Speculation - There is speculation among market watchers that GameStop may be preparing to sell its Bitcoin holdings, especially after reports indicated that the Bitcoin stash had been moved to Coinbase Prime [4] - The company's previous acquisition of 4,710 BTC was seen as a hedge against inflation, but the current bear market has significantly reduced its value [5]

Core Insights - Canopy Growth Corporation reported mixed results for Q3, with revenue exceeding estimates and a narrower loss, although per-share results fell short of expectations [2][3] Financial Performance - Net revenue for the quarter was C$74.5 million, roughly unchanged from the previous year and above the C$70.5 million consensus estimate [3] - The company reported a loss of C$0.18 per share, an improvement of approximately 84% year-over-year, but higher than the expected loss of C$0.08 per share [3] - Net loss narrowed by 49% year-over-year, while adjusted EBITDA loss decreased by 17%, attributed to stronger sales execution and reduced SG&A expenses [4] Revenue Breakdown - Cannabis net revenue increased by 4% to C$52 million [4] - Canadian medical cannabis revenue rose by 15% to C$23 million, driven by growth in insured patients and larger order sizes [4] - Canadian adult-use revenue increased by 8% to C$23 million, supported by growth in infused pre-rolls and new all-in-one vape products [4] - International cannabis revenue declined by 31% year-over-year due to supply chain challenges in Europe, but increased by 22% sequentially as shipments improved [5] Cost Management - Consolidated gross margin decreased to 29% from 32% a year ago, reflecting lower international cannabis sales and changes in product mix [6] - Selling, general, and administrative expenses fell on an adjusted basis due to headcount reductions and lower third-party costs [6] - The company achieved C$29 million in annualized cost savings since March 2025 and continues to seek additional efficiencies [6] Strategic Developments - The acquisition of MTL Cannabis is on track to close in the current quarter, expected to strengthen the company's global cannabis platform [7] - CEO Luc Mongeau noted that the third quarter reflects improving fundamentals and a more focused operating model, particularly in Canada [7] - Following the report, shares of Canopy Growth increased by 1.9% [8]

Core Viewpoint - Genius Sports has agreed to acquire Legend, a digital sports and gambling media company, for $1.2 billion, marking the largest acquisition in Genius Sports' history [1][2]. Group 1: Acquisition Details - The acquisition involves an upfront payment of $900 million, consisting of $800 million in cash and $100 million in stock, with an additional earnout of up to $300 million over two years post-transaction completion [2]. - The deal is expected to close in the second quarter of 2026, pending customary closing conditions [2]. Group 2: Financing and Leverage - Genius Sports is financing the acquisition with an $850 million loan, and the company anticipates maintaining a leverage ratio below 3x debt-to-EBITDA after the deal [3]. Group 3: Company and Market Impact - Legend, the target company, generated 320 million annual visits from 118 million unique visitors in 2025, with over two-thirds of visitors returning regularly [4]. - The acquisition aligns with Genius Sports' strategy to diversify its business into advertising technology beyond sports and media data streams [4]. - Genius Sports expects a 31% year-over-year increase in group revenue to $669 million for the fiscal year ending December 31, with adjusted EBITDA rising 59% to $136 million [6]. Group 4: Advisory and Legal Support - Deutsche Bank and Goldman Sachs provided financial advice and committed to financing the deal for Genius Sports, while Macfarlanes acted as legal advisors [7].

Texas Instruments has reached an agreement to buy the US chip firm Silicon Laboratories in a deal valued at $7.5 billion, deepening its exposure to several long-standing markets for chips https://t.co/mNSSebpMWs ...

Analog chipmaker SiTime has agreed to acquire Renesas Electronics’s timing unit in a cash-and-stock transaction valued at about $2.9 billion https://t.co/VqGo0NmiMW ...

Core Viewpoint - DXP Enterprises, Inc. has successfully completed the acquisition of Ambiente H2O Inc., enhancing its water and wastewater service platform [1][3]. Company Overview - DXP Enterprises, Inc. is a prominent distributor of products and services, providing solutions to industrial customers across the United States, Canada, Mexico, and Dubai. The company specializes in innovative pumping solutions, supply chain services, and maintenance, repair, operating, and production (MROP) services [6]. Acquisition Details - Ambiente H2O Inc., founded in 2006 and headquartered in Sheridan, Colorado, operates in Colorado, Idaho, Montana, Utah, and Wyoming, focusing on pumps, process equipment, and instrumentation for the water and wastewater industry [1][2]. - The acquisition was funded through cash from DXP's balance sheet [2]. - Ambiente reported sales of approximately $8.1 million for the twelve months ending December 31, 2025 [4]. Strategic Importance - The acquisition of Ambiente is seen as a strategic move to strengthen DXP's water and wastewater platform, providing exceptional service and technical sales expertise [3][5]. - DXP aims to scale Ambiente and accelerate sales growth, which is expected to benefit customers, employees, and shareholders [5].

Bankers are working on debt packages of around €2.5 billion ($2.9 billion) to back a potential acquisition of Continental AG’s industrial ContiTech unit, as a highly-anticipated sales process kicks off https://t.co/Q2dZ7ysgOx ...

Core Insights - SoFi has demonstrated impressive growth, with fourth-quarter results for 2025 showing no signs of slowing down [1] - The company raised $1.5 billion by selling additional shares, which has led to concerns about shareholder dilution despite strong capital levels [1][4] Capital Position - SoFi has excess capital, providing safety and financial flexibility for growth [5] - After the recent stock offering, SoFi's capital ratio is 1,000 basis points above the required level, indicating a strong capital position [6] - The company's CFO stated that SoFi's capital is significantly higher than regulatory minimums and internal stress buffers, allowing for potential growth [6] Acquisition Plans - Although there is speculation about a major acquisition, the capital raise was not primarily for this purpose [6] - The CEO mentioned that the company is open to acquisitions if they are more efficient than building products from scratch, particularly in enhancing its technology platform and international expansion [6] - SoFi is interested in acquiring international fintechs that already possess necessary licenses and infrastructure [7]