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Dundee Corporation Announces Closing of the Sale of its Interest in Android Industries
Globenewswire· 2025-12-12 23:01
TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce that the ownership group of Android Industries, L.L.C. (“Android”) has now closed the previously announced sale of their interests in Android. The Corporation held a 20% interest in Android, a private company and leading high technology-enabled assembler and sequencer of complex assemblies for the automotive industry. As a result of the closing of this transaction, Dundee received ...
Antero Resources Corporation's Strategic Moves in the Energy Sector
Financial Modeling Prep· 2025-12-08 21:08
Core Viewpoint - Antero Resources Corporation is actively optimizing its asset portfolio through strategic acquisitions and divestitures to strengthen its market position in the energy sector [3][4]. Group 1: Company Overview - Antero Resources Corporation (NYSE:AR) is a key player in the energy sector, focusing on the exploration and production of natural gas and oil, primarily in the Appalachian Basin [1]. - The company competes with major energy firms such as EQT Corporation and Range Resources [1]. Group 2: Recent Developments - Roth Capital has adjusted its rating for Antero Resources to Neutral while raising the price target from $34 to $36, reflecting cautious optimism about the company's future performance [2][6]. - Antero Resources announced a strategic acquisition of HG Energy II, LLC's upstream assets for $2.8 billion in cash, expected to close in the second quarter of 2026 [3][6]. - The company plans to divest its Ohio Utica Shale upstream assets for $800 million in cash, with the transaction anticipated to close in the first quarter of 2026 [4][6]. Group 3: Stock Performance - Antero Resources' current stock price is $36.50, showing a slight decrease of 0.68% with a change of $0.25 [5]. - The stock has fluctuated between $36.20 and $37.69 on the day, with a yearly high of $44.02 and a low of $29.10 [5]. - The company's market capitalization is approximately $11.26 billion, with a trading volume of 4,071,582 shares on the NYSE [5].
Deriva Energy Agrees to Sell 833MWdc of Operating Solar Assets to Clearway Energy
Prnewswire· 2025-10-06 17:01
Core Insights - Deriva Energy, LLC has reached an agreement to sell an operational solar portfolio of 833 MWdc (613 MWac) to Clearway Energy, Inc. [1] - The transaction is part of Deriva Energy's strategy to optimize its asset portfolio and recycle capital for future growth [2] - The deal is expected to close by the second quarter of 2026 [2] Company Overview - Deriva Energy is a leader in clean energy with over 6,200 megawatts of operating assets and more than 10,500 MW of assets in development across the U.S. [3] - The company is headquartered in Charlotte, North Carolina, and is a portfolio company of Brookfield, a major owner and operator of renewable power [3]
BURNCO Announces Strategic Transaction with Heidelberg Materials in Edmonton Market
Newsfile· 2025-07-31 16:45
Core Insights - BURNCO Rock Products Ltd. has entered a binding agreement to sell its Edmonton-area assets to Heidelberg Materials North America, which includes various construction material facilities [1][2][3] - The transaction aligns with BURNCO's multi-generational growth strategy and aims to optimize its asset portfolio for long-term success in North America [2][3] - The sale is expected to provide new professional growth opportunities for BURNCO's Edmonton employees while maintaining operational excellence across its North American operations [3] Company Overview - BURNCO Rock Products Ltd. is a family-owned business established in Calgary in 1912, with operations in Alberta, British Columbia, Saskatchewan, Texas, and Colorado [4] - The company specializes in producing high-quality aggregate, paving asphalt, and ready-mix concrete for its customers [4]