Mergers and Acquisitions
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David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline
Business Insider· 2026-02-23 19:36
Paramount Skydance is staring down a key deadline in its pursuit of Warner Bros. Discovery, but it doesn't need to make a move quite yet. David Ellison and company have been able to negotiate directly with WBD's leadership team in recent days for the first time in months — thanks to Netflix, Paramount's rival in the bidding war.Netflix granted WBD, its deal partner, a weeklong waiver on negotiation exclusivity that expires at midnight on Monday. The company said it hoped these talks between Paramount and WB ...
Here's Why Shares of Arcellx Are Up Almost 80% Today
Investopedia· 2026-02-23 19:25
Core Insights - Arcellx shares surged approximately 80% following the announcement of its acquisition by Gilead Sciences for $115 per share in cash, plus a contingent value right of $5 per share, totaling around $7.8 billion [1][1][1] Company Overview - Arcellx's stock price increased from $64.11 to around $114 after the acquisition news, marking a significant rise and reaching new highs beyond late-2024 record levels [1][1][1] - The acquisition is expected to close in the second quarter, indicating a swift transition for Arcellx under Gilead's ownership [1][1][1] Industry Context - The merger and acquisition (M&A) activity in the biotech sector can expedite drug development timelines, providing quicker returns for investors compared to traditional pathways [1][1][1] - Gilead and Arcellx were already collaborating on the development of anito-cel, a treatment for multiple myeloma, which underscores the strategic rationale behind the acquisition [1][1][1] - Gilead's CEO expressed confidence in the potential of anito-cel, suggesting it could become a foundational treatment for multiple myeloma over time [1][1][1]
Netflix Stock Drops as Trump Sets Sights on Director Susan Rice
Investopedia· 2026-02-23 18:26
-- Netflix Stock Drops as Trump Sets Sights on Director Susan Rice [Stocks Lose Ground Amid Tariff Uncertainty][Trump's 'Plan B' on Tariffs: More Tariffs][Economy Grew Far Less Than Expected in Q4] [Inflation Likely to Keep Fed from Cutting Rates Soon]- Top StoriesNetflix's shares fell to start the week.Thomas Fuller / NurPhoto via Getty Images)Close### Key Takeaways- Investors took note, with shares of Netflix sliding Monday amid concerns that Trump might serve up stiff opposition to its planned merger wit ...
Klarna: Paying Attention Here
Seeking Alpha· 2026-02-23 17:59
If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!When Klarna Group plc ( KLAR ) went public in September of last year, I concluded that investors should pay later. While I had real reservations about the prospects for the business, I did not exp ...
Tidewater Inc. (TDW) M&A Call Transcript
Seeking Alpha· 2026-02-23 16:54
PresentationThank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Wilson Sons UltraTug Offshore acquisition [Operator Instructions] I would now like to turn the call over to West Gotcher, Senior Vice President of Strategy and Corporate Development and Investor Relations. Please go ahead.West GotcherSenior Vice President of Strategy, Corporate Development & IR Thank you, Kate. Good morning, everyone, and welcome to Tide ...
HSBC's Q4 Earnings on Deck: What's in Store for the Stock?
ZACKS· 2026-02-23 16:11
Key Takeaways HSBC reports Q4 and full-year 2025 results on Feb. 25, with revenues and earnings seen up Y/Y.HSBC may get a lift from stronger M&A, IPOs and underwriting, plus solid trading volatility.HSBC expenses may rise on U.K./Asia share push, digital buildout and an overhaul plan.HSBC Holdings (HSBC) is scheduled to announce fourth-quarter and full-year 2025 results on Feb. 25, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basis.In ...
FTSE 100 Index soared to a record high thanks to these stocks
Invezz· 2026-02-23 09:22
Core Insights - The FTSE 100 Index reached a record high of £10,685, marking a significant increase of 117% from its lowest point of £4,890 in April 2025, outperforming the US stock market in both sterling and dollar terms [1][1][1] Company Performances - Beazley, a leading Lloyd's insurance company, saw its share price increase by over 45% this year, driven by an £8.4 billion acquisition announcement by Zurich, which would position Zurich as the largest player in the Lloyd's market [1][1][1] - Schroders' share price rose by over 42% following a $13 billion cash buyout agreement with Nuveen, a subsidiary of the Teachers Insurance and Annuity Association of America (TIAA) [1][1][1] - BAE Systems experienced a 26% increase in share price, attributed to rising geopolitical risks and increased European defense spending, with orders rising to over £36.8 billion from £33.7 billion year-over-year [1][1][1] - Glencore's share price jumped by over 23% this year, influenced by a proposed merger with Rio Tinto, although the deal ultimately fell through due to pricing disagreements [1][1][1] Other Notable Gainers and Laggards - Other top gainers in the FTSE 100 Index include Weir Group, Endeavour Mining, GSK, Antofagasta, and Marks and Spencer [1][1][1] - Conversely, Sage Group and Entain both saw their stock prices drop by 24%, reflecting investor concerns over software companies amid AI competition and disruptions in the sports betting sector [1][1][1] Technical Analysis - The FTSE 100 Index remains above all moving averages, indicating bullish control, with the Relative Strength Index (RSI) reaching an overbought level of 80 and the Average Directional Index (ADX) at 38, suggesting continued upward momentum [1][1][1]
Paramount Needs a 'Knockout' Bid: LightShed’s Greenfield
Bloomberg Technology· 2026-02-20 18:39
As the battle for Warner Bros. Discovery continues, Rich Greenfield, a partner at LightShed Partners, says Netflix could raise its offer by 5% to 10% but Paramount Skydance would need to make a "knockout" bid. Greenfield joins Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playl ...
X @Bloomberg
Bloomberg· 2026-02-20 14:40
Canada’s oil patch is ripe for a mega merger, analysts say, after a bumper year for deals has left relatively few smaller targets available https://t.co/M9uUDTVNOs ...
3 Big Numbers: A hot start for 2026 M&A
Yahoo Finance· 2026-02-20 08:31
Core Insights - The convenience retail industry has seen a significant number of acquisitions in 2026, with notable transactions including Stinker Stores selling 12 locations and Pops Mart distributing 54 stores among three buyers, including Sunoco [2] Group 1: Acquisitions and Market Expansion - Ridi Stores expanded its operations into a new state by acquiring McIntosh Energy, which includes four c-stores and one fleet fueling location in Indiana, adding to its existing presence in Ohio and Michigan [3][4] - McIntosh's MacFood Mart locations will be rebranded to Ridi's brand in the near future, and Ridi will also take over McIntosh's bulk fuel delivery operations and Pacific Pride fleet card services [4] - Ridi has been active in M&A, acquiring at least one c-store, travel center, or car wash each year since 2019, except for 2023 [4] Group 2: Sunoco's M&A Strategy - Sunoco has allocated $500 million annually for bolt-on acquisitions, indicating its commitment to growth through M&A [5][6] - The company made a significant acquisition last year, spending $9.1 billion to acquire Parkland Corp and its fuel and c-store assets, and has continued to expand by purchasing 36 c-stores from Pops Mart Fuels and 56 Duck Thru sites from Jernigan Oil Company [5][6] - Sunoco's fourth-quarter earnings revealed that the earmarked $500 million for M&A does not include potential larger deals, suggesting a strategic focus on both fuel and retail expansion [6] Group 3: Market Activity - Matrix Capital Markets has advised on approximately 70 deals since 2021, highlighting the active M&A landscape within the convenience retail sector [7]