Core Viewpoint - Air France-KLM is initiating proceedings to acquire a majority stake in SAS, increasing its current stake from 19.9% to 60.5% through the acquisition of shares held by Castlelake and Lind Invest, while the Danish State will retain a 26.4% stake [2][3][10]. Group 1: Acquisition Details - The acquisition will allow Air France-KLM to control SAS, making it a subsidiary and enabling full integration across various business areas, including loyalty programs [5]. - The transaction's value will be determined at closing based on SAS's latest financial performance, including EBITDA and Net Debt [3]. - The ambition is to close the transaction in the second half of 2026, subject to regulatory clearances and satisfaction of all conditions [4][10]. Group 2: Strategic Rationale - Air France-KLM's interest in this acquisition is driven by SAS's significant improvement in financial and operational performance, as well as the success of their current commercial cooperation [6]. - The acquisition reflects the successful turnaround of SAS and aims to unlock synergy potential, confirming Air France-KLM's expansion in the Scandinavian market [10]. Group 3: SAS Overview - As of June 2025, SAS operates 138 aircraft, serves over 130 destinations, and carried more than 25 million passengers in 2024 [11]. - SAS generated revenue of €4.1 billion in the full year 2024 and has over 8 million Eurobonus members [11]. - The current shareholding structure of SAS includes Castlelake (32.0%), Danish State (26.4%), Air France-KLM (19.9%), Lind Invest (8.6%), and others (13.1%) [11].

Key Takeaways Advisory, underwriting and asset management fueled GS revenue gains amid revived M&A activity. Assets under supervision at GS grew, driven by inflows into alternative investments. GS was a top performer in the 2025 Fed stress test, with $300M in projected losses under extreme conditions.For The Goldman Sachs Group, Inc. (GS) , 2025 has been characterized by both strategic gains and persistent challenges. The investment banking giant, which is part of the Zacks Financial - Investment Bankindu ...

Key Takeaways MMA acquires Excel Insurance to strengthen its property/casualty offerings in South Florida. Excel's team, including President Jacob Pared, will join MMA's Doral office to ensure seamless service. The deal brings a local client base, niche expertise and growth potential in auto and watercraft insurance.Marsh & McLennan Companies, Inc.’s (MMC) one of the businesses, Marsh McLennan Agency (“MMA”), recently announced its acquisition of Excel Insurance, an independent insurance agency in Florida ...

Olo, a restaurant software provider, is being acquired by investment firm Thoma Bravo in a deal that values the New York-based company at about $2 billion https://t.co/KiAmDhWxBj ...

Airlines bracing for a busy Fourth of July holiday weekend with 18 and a half million travelers expected from this past Tuesday through this coming Sunday. Joining us now on the state of the sector, Steven Trent, city airline analyst. Stephen, great to have you with us.Thanks for having me. Um, fuel prices are lower, but there's still pressure here on tickets, ticket prices. Why.So, we still have uncertainty in the economy. Um, people and businesses don't exactly know what's going to happen with tariffs. Um ...

Core Viewpoint - The A-share merger and acquisition (M&A) market is experiencing a recovery driven by supportive policies and industrial upgrades, with significant increases in project numbers and completion rates in 2025 compared to previous years [1][3][4]. Group 1: M&A Market Activity - The number of M&A projects submitted for review in the first half of 2025 reached 86.67% of the total for 2024, with a 100% approval rate for M&A restructuring [1][3]. - From January to mid-May 2025, over 600 asset restructuring plans were disclosed by listed companies, 1.4 times that of the same period last year, with major asset restructurings increasing to approximately 90, a 3.3 times increase [3]. - The total transaction amount for completed major asset restructurings exceeded 200 billion, an 11.6 times increase compared to the same period last year [3]. Group 2: Policy Support - Recent policies, including the revised "Major Asset Restructuring Management Measures," have created a favorable environment for companies to enhance their industrial chain resilience through M&A [6][7]. - The new measures introduced simplified review processes, adjusted regulatory requirements for share issuance in asset purchases, and established a mechanism for staggered payments for restructuring shares [7][8]. Group 3: Semiconductor Industry Focus - The semiconductor sector has emerged as a hot spot for M&A activity, with over 20 disclosed restructuring plans since the beginning of 2025 [10]. - Notable M&A cases include major players like Huada Jiutian and Haiguang Information, indicating a trend of both horizontal and vertical integration within the semiconductor industry [10][11]. - The ongoing M&A wave in the semiconductor industry is seen as a strategy for companies to quickly acquire key technologies and enhance market competitiveness, particularly in the context of domestic substitution efforts [11].

Core Viewpoint - Azimut Exploration Inc. has entered into a binding purchase and sale agreement to acquire the K2 Property from Dios Exploration Inc., enhancing its strategic position in the Eeyou Istchee James Bay region of Quebec, Canada [1][2]. Acquisition Details - Azimut will acquire 100% interest in 103 claims covering 54.3 km for a cash payment of C$120,000 and the issuance of 200,000 common shares [2]. - Dios will retain a 2.0% NSR royalty on the K2 claims, with an option to buy down 1.0% NSR for C$3,000,000 [2]. - The agreement is subject to approval by the TSX Venture [2]. Strategic Positioning - The acquisition consolidates Azimut's position along the Lower Eastmain Archean greenstone belt, where an initial gold resource has been defined on the Patwon Zone [3]. - The K2 block includes 25 gold and copper-gold-silver prospects and extends the Elmer Property by an additional 7 km of strike length [3]. - A scoping study is underway to reassess growth opportunities at Elmer, with several drill-ready targets identified nearby [3]. Elmer Property Overview - The Elmer Property now comprises 658 claims (346.6 km) over a 42.8-kilometre strike length, including the newly acquired K2 claims and 32 additional claims [4]. - The property is located 285 km north of Matagami, 60 km east of Eastmain, and 5 km west of the Billy-Diamond Highway, benefiting from excellent infrastructure [4]. Company Profile - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [6]. - The Elmer Gold Project is at the resource stage with 311,200 oz Indicated and 513,900 oz Inferred at a gold price of US$1,800 per ounce [7]. - Significant exploration activities are planned for 2025 on other projects, including Wabamisk and Kukamas [7].

Hewlett Packard Enterprise's acquisition of fellow S&P 500 component Juniper Networks will open a spot in the benchmark index. Investors may be betting on Robinhood Markets to fill it. https://t.co/u3gEsgtjdS ...

FREEHOLD, NJ, July 02, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH; TASE: UMH) closed on the acquisition of two manufactured home communities, located in Conowingo, Maryland, for a total purchase price of $14.625 million. These communities contain 191 developed homesites, of which 79% are occupied. They are situated on approximately 82 acres. Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to complete the acquisition of Conowingo Court and Maybelle Manor, furt ...

RT Bloomberg em Português (@BBGEmPortugues)A eleição presidencial de 2026 será fundamental para trazer mais atividade ao mercado de fusões e aquisições do Brasil, de acordo com alguns dos principais banqueiros de investimento. Por Cristiane Lucchesi e @rachelgamarskiLeia gratuitamente aqui 👇️ https://t.co/I9L7HutD5D ...