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 ...

Key Takeaways Hawkins has acquired PhillTech, an Alabama-based water treatment product manufacturer and distributor. Hawkins aims to expand coagulant and corrosion control production and strengthen its market position. Hawkins has had a long-standing partnership with PhillTech and values its strong industry relationship.Hawkins, Inc. (HWKN) has completed the acquisition of PhillTech, LLC, an Alabama-based manufacturer and distributor of coagulants and corrosion control products for water treatment custome ...

Core Viewpoint - IGM Biosciences, Inc. has entered into a definitive merger agreement with Concentra Biosciences, LLC, where Concentra will acquire IGM Biosciences for $1.247 in cash per share, along with contingent value rights [1][2] Group 1: Merger Agreement Details - The acquisition price includes $1.247 in cash per share of IGM Biosciences common stock and one non-tradeable contingent value right (CVR) [1] - The CVR entitles holders to receive 100% of IGM Biosciences' closing net cash exceeding $82.0 million and 80% of net proceeds from the disposition of certain product candidates and intellectual property within one year post-closing [1] - The IGM Biosciences Board of Directors has unanimously approved the merger agreement, deeming it in the best interests of all stockholders [2] Group 2: Tender Offer and Closing Conditions - Concentra will initiate a tender offer by July 16, 2025, to acquire all outstanding shares of IGM Biosciences common stock [3] - The closing of the tender offer is contingent upon the tender of voting common stock representing at least a majority of outstanding shares and the availability of at least $82.0 million in cash [3] - The merger transaction is anticipated to close in August 2025, subject to customary closing conditions [3] Group 3: Legal Advisors - Wilson Sonsini Goodrich & Rosati, P.C. is serving as legal counsel for IGM Biosciences, while Gibson, Dunn & Crutcher LLP is acting as legal counsel for Concentra [4]

Reference is made to the announcement of Heimar hf. (“Heimar” or the “Company”) dated 23 April 2025 regarding the Company’s acquisition of all shares in Gróska ehf. and Gróðurhúsið ehf. As previously announced, the purchase price shall be settled through the issuance and delivery of 258 million new shares in Heimar. The Board of Directors of Heimar has resolved to issue new share capital in the nominal amount of ISK 258,000,000. As a result, the Company’s share capital will increase from ISK 1,763,901,137 t ...

Group 1 - The recent acquisition of Discover by Capital One has been successfully closed, marking a significant milestone for the company and its investors [2][3] - Capital One expresses continued enthusiasm about the strategic vision and integration of the combined companies following the deal closure [3]

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received all league approvals to buy out Bell’s 37.5% stake in Maple Leaf Sports & Entertainment (MLSE). “We’re pleased to have league approvals to expand our ownership of MLSE, one of the most prestigious sports and entertainment organizations in the world,” said Tony Staffieri, President and CEO, Rogers. “As Canada’s leading communications and entertainment company, live sports and e ...

Core Insights - VINCI Construction has completed the acquisition of Peters Bros Construction Ltd, a paving company in British Columbia, Canada, which reported an annual revenue of approximately CAD 90 million in 2024 [1][6]. Company Overview - Peters Bros Construction, founded in 1981, is based in the Okanagan Valley and employs around 140 people during peak season, primarily operating in the BC interior region [2][6]. - The acquisition will enhance VINCI Construction's presence in Western Canada, where it already has operations in Vancouver, Alberta, and Saskatchewan, facilitating greater synergies and operational capabilities [3][6]. Market Context - The population of British Columbia is projected to grow by 50% by 2046, indicating a rising demand for road infrastructure, which the acquisition aims to support [3].

American Water Works’ (AWK) subsidiary, California American Water, has completed its acquisition of the Mesa Del Sol water system in the Corral de Tierra area of Salinas. The acquisition adds 15 new water connections to the company’s current customer base, which already includes approximately 40,000 connections on the Monterey Peninsula and other parts of Monterey County.The system was acquired after an effort to physically connect the Mesa del Sol system to the Toro Park system of California American Water ...

Core Points - Nordstrom, Inc. has completed an all-cash acquisition by the Nordstrom family and El Puerto de Liverpool for $24.25 per share, with additional cash dividends of $0.25 and $0.1462 per share for shareholders [1][2] - Erik and Pete Nordstrom will serve as Co-CEOs following the acquisition, and the company's stock will be delisted from the NYSE on May 21, 2025 [2] - The acquisition marks a significant milestone in Nordstrom's nearly 125-year history, with a focus on customer service and merchandise quality as the company enters a new chapter [3] Company Overview - Nordstrom, Inc. has a long-standing commitment to customer service, evolving from a shoe store established in 1901 to a retailer with over 350 locations and a strong digital presence [6] - The company aims to provide convenience and connection for customers through its interconnected shopping model [6] El Puerto de Liverpool Overview - El Puerto de Liverpool is a leading Mexican omnichannel retailer with 310 department stores and a robust e-commerce platform, as well as being a major credit card issuer in Mexico [7] - The company employs over 78,000 workers and is recognized for its commitment to efficiency, growth, and social responsibility [8]

Group 1: Company Performance - Carlisle Companies Incorporated (CSL) is experiencing strong momentum in the Construction Materials segment, with a 2% year-over-year revenue increase in Q1 2025, driven by higher sales in the non-residential construction market and acquisitions [1] - The company anticipates mid-single-digit revenue growth for the Construction Materials segment in 2025, supported by strong contractor backlogs and customer demand [2] - CSL's acquisitions, including ThermaFoam, Plasti-Fab, and MTL Holdings, have positively impacted net sales growth by 4.6% in Q1 2025, expanding its product offerings and market presence [3][4] Group 2: Shareholder Returns - In Q1 2025, CSL rewarded shareholders with a dividend payment of $45.2 million, an increase of 8.9% year-over-year, and repurchased shares worth $400 million, up 166.5% year-over-year [5] Group 3: Challenges - The Weatherproofing Technologies segment is facing challenges, with organic revenues declining by 11.7% year-over-year due to lower volumes from a slowdown in the residential construction market and project delays [9] - The company is also dealing with rising raw material and labor costs, which have increased selling and administrative expenses by 16.3% and cost of sales by 1.8% year-over-year in Q1 2025 [10]