This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Schneider National is open to buying more carriers to grow its dedicated trucking business, CEO Mark Rourke said during a Nov. 12 investor conference.  Expanding the segment strengthens the company’s position for that type of business to provide more options for shippers, he said. Scale also creates business synergies, which can boost efficiencies an ...

On 31 October 2025, Aktsiaselts Infortar announced in a stock exchange release that its subsidiary, OÜ Infortar Agro, will acquire a 60% holding in Oisu Biogaas OÜ. Yesterday, on 19 November 2025 the Estonian Competition Authority issued merger clearance for the completion of the transaction. Today, after fulfilling other conditions OÜ Infortar Agro additionally acquired a 40% shareholding in Oisu Biogaas OÜ from Aktsiaselts Infortar subsidiary Osaühing Estonia. As a result of the transactions OÜ Infortar A ...

Core Insights - Wealth Enhancement has acquired Wise Wealth, marking its 100th acquisition and increasing its total client assets to over $125 billion [1][3] - Wise Wealth brings $464 million in client assets, enhancing Wealth Enhancement's portfolio [1] - The acquisition allows Wealth Enhancement to expand its service offerings and resources for clients [4] Company Overview - Wise Wealth, founded in 2007, operates in the greater Kansas City area with offices in Lee's Summit, Rolla, and Liberty [2] - The firm has a team of six advisers and six support staff, led by president and founder Stephen Stricklin [2] - Wise Wealth specializes in tax, financial, legacy planning, investment management, and retirement planning, primarily targeting retirees and those nearing retirement [2] Leadership and Future Plans - Stephen Stricklin will continue to lead the Wise Wealth team post-acquisition [3] - The partnership aims to enhance the mission of helping clients "give, serve, and enjoy life" as part of the GSEL Team at Wealth Enhancement [3] - Wealth Enhancement's chief strategy officer emphasized the benefits of additional resources for the Wise Wealth team to better serve clients [4]

Core Insights - Gildan Activewear's Q3 earnings exceeded expectations, with adjusted per-share earnings at $1, surpassing analysts' estimates of $0.98 [1] - The company reported a 2.2% year-on-year growth in Q3 sales, reaching $911 million, driven by a 5.4% increase in the activewear segment [2] - Despite the sales increase, net earnings declined from $131.5 million in Q3 2024 to $120.2 million in Q3 2025 [3] Sales Performance - Activewear sales contributed positively with a 5.4% year-on-year increase due to a favorable product mix and higher net prices [2] - Hosiery and underwear sales experienced a significant decline, dropping over 22% year-on-year to $80 million, attributed to weak demand and unfavorable product mix [2] Acquisition Plans - The company plans to acquire HanesBrands for $2.2 billion in cash and stock, expected to close in late 2025 or early 2026 [4] - The CFO expressed confidence in the acquisition as a beneficial path forward for Gildan [4][5] Financial Guidance - Gildan adjusted its guidance for the remainder of 2025, raising its projected adjusted operating margin increase from 50 basis points to 70 basis points [6] - The company expects capital expenditures to be 4% of sales, down from the previously projected 5% [6] Supply Chain Considerations - Companies are hesitant to shift their supply chains to Gildan's vertical factories due to tariff-related uncertainties [7] - The CEO noted that supply chain adjustments should not be knee-jerk reactions, emphasizing the potential for further optimization and exploration of new product categories [8]

Core Viewpoint - Parex Resources Inc. has proposed to acquire GeoPark for US$9.00 per share in cash, representing a significant premium to GeoPark's current share price, but the GeoPark Board has rejected the proposal without constructive engagement [1][3][5]. Proposal Details - The proposed acquisition price of US$9.00 per share represents a 44% premium to GeoPark's share price at the time of the proposal [5][11]. - Parex has acquired an 11.8% ownership stake in GeoPark, allowing it to call a special shareholder meeting [2][3]. - The total value of GeoPark, including net debt, is approximately US$940 million, which exceeds the value of GeoPark's Colombian proved plus probable reserves based on its 2024 year-end reserves disclosure [5][6]. Strategic Context - Parex argues that its all-cash proposal offers immediate and compelling value to GeoPark shareholders, allowing them to avoid risks associated with GeoPark's recent investment in Argentina [1][3]. - The GeoPark Board's rejection of the proposal is seen as part of a pattern of failing to engage constructively with Parex [3][6]. Timeline of Events - December 2021: Parex submitted a previous proposal to acquire GeoPark, which was rejected [6]. - September 4, 2025: Parex submitted the current proposal for US$9.00 per share [6]. - October 15, 2025: GeoPark's CEO informed Parex that the proposal was rejected [6]. - October 29, 2025: Parex acquired an 11.8% stake in GeoPark [1][6]. Financial Position - Parex is in a strong financial position and plans to fund the acquisition through existing cash and other financing sources [13][14]. - The transaction is not subject to approval by Parex shareholders, and the definitive agreement will not include a financing condition [14][15]. Engagement and Advisory - Parex remains willing to engage with GeoPark to finalize the transaction and has retained Scotiabank as its financial advisor along with several legal counsels [8].

Bending Spoons, one of Europe’s largest mobile app developers, announced on Wednesday that it has agreed to buy AOL from Yahoo, which is backed by private equity giant Apollo. Bending Spoons says it has secured a $2.8 billion debt financing package to support the purchase. The acquisition is expected to close by the end of the year and is subject to closing conditions and regulatory approvals. “AOL is an iconic, beloved business that’s in good health, has stood the test of time, and we believe has unexpr ...

Here to break things down is Loop Capital Markets managing director Alan Gould has a buy rating, a target of 1325. We were just chatting about it during the break. You want to explain the Brazilian thing first.>> Sure. So there was a Brazilian tax issue. It had been disclosed in previous 10 case and 10 cues.It didn't seem like a big deal. There was a Supreme Court, Brazilian Supreme Court case in August with another company uh where the ruling where the company lost and Netflix decided they now had to take ...

Core Viewpoint - Sintana Energy Inc. is progressing with its acquisition of Challenger Energy Group PLC through an all-share transaction, with significant shareholder support and upcoming court meetings to facilitate the process [1][6][8]. Acquisition Details - Sintana intends to acquire all issued and to be issued ordinary shares of Challenger Energy Group PLC [1]. - The Board of Challenger has filed a Claim Form in the Isle of Man High Court to convene a Court Meeting on November 26, 2025, for shareholders to consider the proposed acquisition [2][3]. - A hearing for the Claim is scheduled for October 29, 2025, with a subsequent hearing for sanctioning the Scheme expected on December 9, 2025 [4]. Shareholder Support - Independent directors of Challenger recommend that shareholders vote in favor of the acquisition, with irrevocable commitments from certain shareholders representing approximately 34.2% of Challenger's issued ordinary share capital as of October 8, 2025 [6]. Regulatory and Approval Process - The completion of the acquisition is contingent upon customary regulatory, stock exchange, and shareholder approvals, anticipated to close by the end of Q4 2025 [8]. Company Background - Sintana Energy is engaged in petroleum and natural gas exploration and development in Namibia and Colombia, focusing on acquiring and developing high-potential assets [9].

Core Insights - ESL Federal Credit Union has acquired Alesco Advisors, enhancing its wealth management and investment advisory business to over $10.8 billion in assets under advisement and $9.3 billion in assets under management [1] - Alesco Advisors, founded in 2000 by Jim Gould, will continue to operate under its name as a wholly-owned subsidiary of ESL [2][5] - The acquisition will introduce outsourced chief investment officer capabilities to ESL's offerings, while Alesco's employees are expected to retain their current roles [5] Company Expansion - ESL has been actively expanding its wealth management services, launching ESL Trust Services in 2017 to add estate planning capabilities [3] - In 2019, ESL Investment Services acquired Cooper/Haims Advisors, which had over $1 billion in assets under management and advisement, enhancing its tax and financial planning services [4] - In 2023, ESL Investment Services expanded its Retirement Plans group to offer a comprehensive suite of retirement plan consultant services [4]

Core Viewpoint - Franklin Street Properties (NYSE: FSP) is a REIT focused on U.S. office properties and is currently trading significantly below its book value, having underperformed the market with a return of -16% over the past two years [1] Group 1: Company Performance - FSP has shown a strong underperformance compared to the market, with a return of -16% since the first article was published nearly two years ago [1] Group 2: Investment Activity - The article mentions notable investment activities, including two "Buy" recommendations for ADTH in September and November 2023, with an acquisition price of $3.21 per share in June 2024 [1] - LUMN also received two "Buy" recommendations in September and November 2023, with a downgrade noted after selling the full position in October 2024 at $6.08 [1]