Core Viewpoint - Sienna Senior Living Inc. has successfully completed the acquisition of a 78.2% interest in LaSalle Park, enhancing its portfolio in the Greater Toronto Area with a significant investment [2][3]. Acquisition Details - The acquisition involved a gross purchase price of approximately $67.2 million, with an initial investment yield of about 5.70% [3]. - The property, built in 2013, is 97% occupied and includes 92 independent living and 31 assisted living units [3]. - Financing for the acquisition included the assumption of approximately $26.7 million in debt, with the remainder funded from the company's cash reserves [4]. Strategic Growth - This acquisition marks Sienna's third significant purchase in the Greater Toronto Area in 2025, contributing to over $800 million in assets added to its portfolio this year [5]. - The company plans to acquire an additional 10.9% interest in January 2026, with the final 10.9% interest expected to be acquired in five years [3]. Portfolio Overview - Sienna's total acquisitions in 2025 include various properties with a total purchase price of $594.7 million, showcasing a diverse portfolio across different locations and types of senior living facilities [5]. - The company has a total portfolio expansion amounting to $812.7 million, indicating strong growth momentum [5].

As 202025 comes to a close, CNBC's Alex Sherman spoke with 16 top executives across media, sports, and entertainment, who made some pretty bold industry predictions for 2026. Joining us right now with some of those calls is Alex Sherman, CNBC's media and sports reporter. I always love when you do this.So, what would you say is the most provocative, outrageous, over-the-top thing that could actually come true. >> Yeah. So, look, these people that I speak to, these are top of the food chain executives.So, it' ...

RT Wu Blockchain (@WuBlockchain)The Block reported that India’s competition watchdog has approved Coinbase Global’s acquisition of a minority stake in DCX Global Limited, the parent company of Indian crypto exchange CoinDCX, though the exact ownership percentage was not disclosed. Coinbase Chief Legal Officer Paul Grewal confirmed the regulatory approval on X but did not provide deal details. https://t.co/Xg1ShQrfgQ ...

The asset management firm co-founded by billionaire investor Tom Steyer has acquired a portfolio of seven industrial properties in the Chicago area https://t.co/MLRXHhDsBP ...

The Block reported that India’s competition watchdog has approved Coinbase Global’s acquisition of a minority stake in DCX Global Limited, the parent company of Indian crypto exchange CoinDCX, though the exact ownership percentage was not disclosed. Coinbase Chief Legal Officer Paul Grewal confirmed the regulatory approval on X but did not provide deal details. https://t.co/Xg1ShQrfgQ ...

Summary of Bunzl's Pre-Close Trading Statement Call Company Overview - **Company**: Bunzl - **Industry**: Distribution and outsourcing services Key Points Financial Performance and Outlook - **2025 Performance**: Bunzl expects to achieve an adjusted operating profit in line with guidance set in April 2023, with underlying revenue anticipated to be broadly flat [2][3] - **Revenue Growth**: Group revenue growth for 2025 is projected to be between 2% and 3% at constant exchange rates [3] - **Operating Margin**: Expected operating margin for 2025 is around 7.6%, down from 8.3% in the prior year, with a moderation in margin decline anticipated in the second half of the year [3][4] - **2026 Expectations**: Initial outlook for 2026 indicates positive organic growth, supported by performance improvements in North America and Continental Europe, despite ongoing macro challenges [4][5] Market Conditions - **Challenging Market Environment**: The company acknowledges a tough market backdrop affecting volume growth, particularly in North America, especially in the food service sector [4][10] - **Inflation and Pricing**: While inflationary pressures have eased, pricing is expected to remain broadly neutral, impacting revenue growth [4][5][10] Strategic Initiatives - **Cost-Saving Initiatives**: Bunzl has implemented strong cost-saving measures to offset operating cost inflation, which is expected to be at typical levels of 2%-3% [5][18] - **Acquisition Strategy**: The acquisition pipeline remains active, with an expected commitment of around GBP 140 million to acquisitions in 2025, and a more favorable environment for acquisitions anticipated in 2026 [5][11] Business Development - **New Business Wins**: The company is focusing on new business wins, particularly in North America, which are expected to be margin dilutive initially but are crucial for volume growth [5][30] - **Nisbets Synergies**: The benefits from the Nisbets acquisition are expected to materialize in the second half of 2025 and provide a full-year effect in 2026 [31] Competitive Landscape - **Market Competition**: The competitive environment remains aggressive, with no significant changes noted. Pricing pressures persist, but Bunzl aims to differentiate through value-added services [20] Additional Insights - **White Label Products**: Contribution from white label products is expected to be between 28% and 30% in 2025, with a more measured growth approach anticipated for 2026 [36][38] - **Interest Costs**: Net finance expense is guided to be around GBP 120 million for both 2025 and 2026, with a slight benefit from lower rates expected [41] Closing Remarks - Bunzl expresses confidence in meeting profit expectations for 2025 and providing a stable profit outlook for 2026, emphasizing operational improvements and resilience in challenging markets [52]

WSP Global is doing another takeover, underscoring its status as one of Canada’s most prolific corporate acquirers. Read more in the Canada Daily newsletter https://t.co/msICWojuLa ...

Company Challenges - Kenvue is facing a challenge with a top-selling product [1] - Kenvue is attempting to close its $40 billion acquisition by Kimberly-Clark [1]

Exclusive: British sports streaming giant DAZN is in advanced talks to acquire a majority stake in Main Street Sports Group, the big regional sports broadcaster in the U.S. https://t.co/9TpXCPYJ2C ...

Acquisition and Contract - Odfjell Drilling has completed the acquisition of the Deepsea Bollsta drilling rig, which includes a drilling contract with Equinor until early 2028, with options for five one-year extensions [1] - The rig will be renamed Deepsea Bergen, with the formal name change set for 2026 [1] Refinancing and Financial Structure - The company has secured long-term funding through a refinancing process, which includes $550 million in term loans and revolving credit facilities, along with a new $650 million bond rated for 5.25 years [2] - The refinancing process has improved pricing, extended maturities to 2031, and retained flexibility through revolving facilities [5] Financial Stability and Earnings Impact - Odfjell Drilling's amortization schedule remains consistent, with an average annual amortization of around $94 million projected over the next five years [3] - The company has no significant debt maturities until 2031, ensuring long-term financial stability [3] - The acquisition was financed entirely through debt and is expected to have an immediate positive impact on earnings [3] Order Backlog and Operational Risk - The acquisition, combined with existing contracts for the Deepsea Nordkapp and Deepsea Aberdeen rigs, boosts the company's secured order backlog by nearly $1 billion since the last reporting period [4] - The company has operated the rig for the past three years and expects minimal operational risk during the integration process [4] Strategic Positioning - Odfjell Drilling has an average of two and a half years of backlog secured across its owned units at attractive day rates, positioning the company well for 2026 [5]