Acquisition Overview - Harmony Gold Mining has completed the acquisition of MAC Copper, owner of the CSA copper mine in New South Wales, Australia, for $12.25 per share, totaling an equity valuation of $1.01 billion [1] - The acquisition was finalized on October 24, 2025, through a Jersey law Scheme of Arrangement [1] Financing Details - The transaction was financed using cash reserves and a $1.25 billion bridge facility [2] Strategic Importance - The CEO of Harmony stated that the acquisition marks a significant milestone in the company's strategy to grow as a global gold and copper producer, enhancing long-term value creation [3][4] - The CSA mine is described as a high-grade, long-life copper asset located in a Tier-1 jurisdiction, which will support Harmony's long-term growth [4] Integration Plans - Over the next three months, Harmony plans to integrate the CSA mine into its operations, aiming to unlock synergies and improve operational efficiency [5] - A detailed update on the CSA mine's operational performance and development milestones will be provided during the half-year results presentation scheduled for late February or early March 2026 [6] Future Guidance - For FY27, Harmony will incorporate the CSA mine's life-of-mine plan into its overall planning parameters, ensuring consistency with its other operations [7] - The life-of-mine plan for the CSA mine will be released alongside Harmony's FY26 results in August 2026 [7]

Core Insights - Solmate Infrastructure, backed by Cathie Wood, experienced a nearly 50% increase in shares following the announcement of an aggressive mergers and acquisitions strategy and additional Solana (SOL) purchases at discounted prices [1] - The company has completed its first validator hardware assembly in the UAE, aiming to launch the region's first performant Solana validator [1] - Solmate's recent acquisition of SOL tokens at a 15% discount during a significant liquidation event in the crypto market supports its validator operations [2] Company Developments - Solmate's stock reached an intraday high of $12.55, settling at $11.70, resulting in a market capitalization of approximately $754 million [2] - The company is focusing on strategic acquisitions across the Solana value chain rather than merely revenue-driven deals, as stated by CEO Marco Santori [3] - Santori emphasized that the company is not interested in acquiring smaller companies but rather targeting businesses that can leverage its SOL treasury for growth [4] Financial Activities - Solmate announced an amendment to its registration rights agreement for its oversubscribed $300 million private investment in public equity (PIPE) financing [4] - The registration statement for PIPE investors is expected to be filed with the U.S. Securities and Exchange Commission by November 22 [5] - The $300 million financing round, completed in September, received backing from notable investors including ARK Invest and the Solana Foundation [5]

Core Insights - Raymond James Financial achieved a record number of financial advisors, reaching 8,943 by the end of fiscal year 2025, which is a 2% increase from the previous year [1] - The firm reported record trailing-12 production of $407 million for recruited advisors, marking a 21% increase from the prior year [1] Financial Performance - The recruited advisors managed approximately $58 billion in client assets at their previous firms, an increase from last year's record, and with additional assets from the firm's RIA & Custody Services division, the total reaches $68 billion [2] - Raymond James added nearly $18 billion in net new assets during the fiscal fourth quarter, reflecting a 5% annualized growth rate [2] - The firm reported non-GAAP earnings per share of $3.11 for the quarter, exceeding analysts' expectations by 28 cents [6] - Revenue for the quarter was $3.73 billion, representing an 8% increase year-over-year and a 10% sequential increase, beating expectations by $90 million [6] Strategic Positioning - The CEO highlighted that recruiting advisors is akin to a "medium-sized acquisition," emphasizing the retention benefits compared to traditional acquisitions [2] - The firm's client-focused culture and long-term approach are resonating well with advisors, especially amid recent mergers and acquisitions in the industry [4] - Raymond James is positioned to provide stability for advisors seeking a reliable platform as other firms consolidate [5][6] - The firm is expected to start breaking out upfront amortization from recruiting that impacts compensation expenses in the next quarter [3]

Kirkland & Ellis has emerged as the top mergers and acquisitions (M&A) legal adviser in the oil and gas sector for the first three quarters of 2025 (Q1–Q3 2025) by value and volume, according to GlobalData, a data and analytics company. As per analysis of GlobalData’s financial deals database, Kirkland & Ellis advised on 36 transactions with a total value of $48.9bn. GlobalData lead analyst Aurojyoti Bose said: “Kirkland & Ellis was the top adviser by both volume and value during Q1–Q3 2024 as well. The ...

Core Insights - RBC Capital Markets has become the leading financial adviser in the oil and gas sector for mergers and acquisitions (M&A) by both value and volume in the first three quarters of 2025, advising on 16 transactions totaling $32.7 billion [1][2] Group 1: Performance Metrics - RBC Capital Markets experienced a year-on-year improvement in deal volume but a decline in deal value during Q1–Q3 2025 [2] - The firm rose to the top position from third in volume and seventh in value compared to Q1–Q3 2024 [2] - Seven of the top ten advisers by value saw a year-on-year decline in total deal value during the same period [2] Group 2: Competitor Analysis - Goldman Sachs ranked second in deal value, advising on transactions worth $25.2 billion [2] - BMO Capital Markets followed closely with a total of $24.7 billion in advised transactions [2] - Bank of America and Jefferies each advised on deals worth $22.8 billion, with Bank of America ranking fourth due to fewer deals compared to Jefferies [2] Group 3: Deal Volume Rankings - In terms of deal volume, Evercore secured the second position with 11 transactions [3] - JP Morgan followed with ten deals, while Moelis & Company and Piper Sandler each advised on nine transactions [3] - Moelis claimed the fourth position due to a higher total deal value despite the same number of transactions as Piper Sandler [3] Group 4: Data Source and Methodology - GlobalData's league tables are based on real-time tracking of various reliable sources, including company and advisory firm websites [4] - A dedicated team of analysts monitors these sources to gather detailed information for each deal, including adviser names [4] - The company also seeks submissions of deals from leading advisers to enhance data robustness [4]

Wachtell, Lipton, Rosen & Katz and Alston & Bird have emerged as the top mergers and acquisitions (M&A) legal advisers by deal value and volume, respectively, for the first three quarters (Q1-Q3) of 2025 in the financial services sector. This ranking is based on a comprehensive league table report by GlobalData, a prominent data and analytics firm. An analysis of GlobalData's financial deals database shows that Wachtell, Lipton, Rosen & Katz secured the top spot in the deal value table by advising on tra ...

Core Insights - Morgan Stanley and Houlihan Lokey are the leading financial advisers in the M&A sector for Q1-Q3 2025, with Morgan Stanley leading by deal value and Houlihan Lokey by deal volume [1][2] Group 1: Morgan Stanley's Performance - Morgan Stanley advised on transactions totaling $51.5 billion in Q1-Q3 2025, maintaining its position as the top adviser by value [1][2] - The firm was the only adviser to surpass the $50 billion mark in total deal value during this period, despite a year-on-year decline [2] - Morgan Stanley participated in eight billion-dollar deals, including a mega deal valued at over $20 billion, which contributed to its top ranking by value [2] Group 2: Houlihan Lokey's Performance - Houlihan Lokey advised on 33 transactions in Q1-Q3 2025, showing significant improvement in deal volume compared to Q1-Q3 2024 [3] - The firm's ranking by value improved from 10th position to the top position due to this increase in deal volume [3] Group 3: Competitors' Performance - Evercore ranked second in deal value with $46 billion in M&A deals, followed by JP Morgan with $43.7 billion, UBS with $39.1 billion, and Goldman Sachs with $38 billion [3] - In terms of deal volume, Stifel/KBW ranked second with 32 deals, Piper Sandler third with 31 deals, and Goldman Sachs and JP Morgan secured fourth and fifth positions with 24 and 20 deals, respectively [4] Group 4: Data Source and Methodology - GlobalData's league tables are based on real-time tracking of various reliable sources, including company and advisory firm websites [5] - A dedicated team of analysts gathers in-depth details for each deal, ensuring the robustness of the data [5]

Group 1 - Solmate Infrastructure (NASDAQ:SLMT) shares surged 46% in pre-market trading following updates on new data centers, mergers and acquisitions, and financing strategies [1][4] - The company has selected a new data center in the United Arab Emirates for its Solana validators and is pursuing an aggressive M&A strategy to enhance growth within the Solana ecosystem [2][3] - Solmate secured a $300 million private investment in public equity offering, providing flexibility for new infrastructure announcements [3] Group 2 - Earlier this month, the company purchased $50 million worth of SOL, which is expected to support its Solana infrastructure [4] - At the time of reporting, SOL was priced at $188.03, reflecting a 1.51% increase in the last 24 hours [4] - The stock has shown a 19% gain over the past six months, despite a 13.11% decline in the previous trading session [4]

UniCredit's Board of Directors is exerting pressure on CEO Andrea Orcel for more comprehensive and regular updates on his approach to mergers and acquisitions (M&A), reported Reuters. Despite the bank's investment in various competitors, it is yet to secure any significant deals. According to four people familiar with the matter, this led to internal discussions about the potential appointment of a general manager to oversee such activities. The CEO has expressed concerns to the board about the impact o ...

One Nuclear has agreed to go public through a merger with a blank-check company in a deal that valued the developer of nuclear and natural gas power plants at about $1 billion https://t.co/1HHLs3rVMI ...