Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a potential bid for the German athletic brand. The stock's sharp rise follows a Bloomb... ...

TORONTO, Nov. 26, 2025 (GLOBE NEWSWIRE) -- On 9 October 2025, the board of Sintana and the Independent Challenger Directors announced they had reached agreement on the terms of a recommended acquisition by Sintana for the entire issued and to be issued ordinary share capital of Challenger (the "Acquisition"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part IV (section 152) of the Isle of Man Companies Act 1931 as amended from time to time (the “Scheme”). Terms used but not ot ...

Core Viewpoint - Mural Oncology plc has finalized the cash consideration for its shareholders at $2.035 per share as part of the acquisition by XOMA Royalty Corporation, with the additional price per share determined to be $0.000 [1][2]. Group 1: Acquisition Details - The acquisition involves XOMA Royalty's wholly-owned subsidiary, XRA 5 Corp., acquiring the entire issued and to be issued share capital of Mural under an Irish High Court sanctioned scheme of arrangement [2]. - The acquisition is expected to close in early December 2025, pending the satisfaction of closing conditions and the sanction of the scheme by the Irish High Court [3]. Group 2: Financial Implications - The total cash consideration payable to Mural shareholders upon closing of the acquisition will be $2.035 per share [1].

Core Viewpoint - Iberdrola has initiated a takeover bid for the remaining 16.2% of Brazilian electricity company Neoenergia, aiming for full ownership to enhance its presence in the Brazilian market [1][3] Group 1: Takeover Details - Iberdrola currently holds 83.8% of Neoenergia's share capital and is offering 32.5 reais ($6.01) per share, consistent with the price paid in a recent transaction with Caixa de Previdência dos Funcionários do Banco do Brasil (PREVI) [1][2] - The total expected expenditure for this acquisition is approximately €1.03 million, subject to updates based on Brazil's SELIC interest rate and assuming no interim dividends are paid by Neoenergia [2] Group 2: Strategic Implications - The transaction is anticipated to simplify Neoenergia's corporate structure, enhancing operational and financial flexibility while reducing costs related to share trading [3] - This move reinforces Iberdrola's commitment to Brazil and its growth strategy focused on electricity grids, which constitute about 90% of Neoenergia's operations [3] Group 3: Neoenergia's Operations - Neoenergia serves nearly 40 million customers across various Brazilian states, making it the leading distribution group in Brazil by customer count [4] - The company operates in 18 states and the Federal District, managing over 725,000 km of electricity distribution lines and 8,000 km of transmission lines [4] - Neoenergia has a renewable generation capacity of 3,800 MW, primarily from hydroelectric sources [5]

Core Viewpoint - Diana Shipping Inc. has proposed to acquire all outstanding shares of Genco Shipping & Trading Limited not already owned by Diana for $20.60 per share in cash, representing a significant premium to historical trading prices [1][7]. Group 1: Acquisition Proposal - The proposed acquisition price of $20.60 per share represents a 15% premium to Genco's closing price on November 21, 2025, a 21% premium to the closing price on July 17, 2025, and a 23% premium to the volume-weighted average price over the last 30 and 90 days [7]. - Diana currently owns approximately 14.8% of Genco's outstanding shares, and the proposal aims to provide Genco shareholders with immediate cash value [1][2]. Group 2: Strategic Rationale - The CEO of Diana emphasized that the acquisition would enhance the scale and flexibility of the combined fleet, improving operational leverage in the dry bulk market at a favorable time in the cycle [2]. - The transaction is intended to be financed through a new acquisition facility, with plans to selectively divest assets post-transaction to optimize the fleet and balance sheet [2]. Group 3: Board Approval and Engagement - The proposal has received unanimous approval from Diana's Board of Directors, and the company is prepared to engage with Genco's Board and management to expedite the transaction [3]. - The proposal is a non-binding expression of interest, and there is no guarantee that an agreement will be reached [4].

Nov 21, 2025 11:45 AM Eastern Standard Time Willdan Expands Financial Services With Acquisition of Compass Municipal Advisors Share ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (NASDAQ: WLDN) announced today that their subsidiary, Willdan Financial Services, signed a definitive agreement to acquire Compass Municipal Advisors, LLC ("Compass†), an independent municipal advisory firm headquartered in the Southeastern US. As a fully registered Municipal Advisor, Compass helps public agencies overcome ...

(Reuters) -Leather goods maker China International Development Corp said on ​Friday it is exploring the acquisition ‌of Lonten Semiconductor Co Ltd for up to HK$9 ‌billion ($1.16 billion). The company said it has signed an agreement with Lonten's largest shareholder and chairman Xu Xichang, ⁠who owns a ‌24.81% stake and will engage with the remaining shareholders to ‍facilitate the deal. China International Development said it expects the proposed transaction to be worth around HK$4.5 ​billion to HK$9 bi ...

Nov 20, 2025 12:59 PM Eastern Standard Time CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn Contacts Kahn Swick & Foti, LLCLewis S. Kahn, Managing Partnerlewis.kahn@ksfcounsel.com855-768-18571100 Poydras St., Suite 960New Orleans, LA 70163 Paramount Group Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Paramount Group, Inc. - PGRE Share NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Att ...

Core Insights - Sika has acquired Awazil Al Khaleej Industrial Co. ("Gulf Seal"), enhancing its position in the Saudi and GCC construction markets [1][2] - Gulf Seal is a reputable manufacturer of bituminous waterproofing membranes, established over 20 years ago, and its product range complements Sika's existing offerings [1][3] - The acquisition aligns with Saudi Arabia's Vision 2030 and other major projects, providing Sika with opportunities for growth and cross-selling [4] Company Overview - Sika is a specialty chemicals company with a leading global position in bonding, sealing, damping, reinforcing, and protection systems for construction and industrial manufacturing [3] - The company operates in 102 countries and has over 400 factories, employing more than 34,000 people [3] - Sika generated sales of CHF 11.76 billion in 2024, indicating strong market performance [3] Strategic Implications - The acquisition of Gulf Seal strengthens Sika's ability to capture major construction projects in the region [4] - Gulf Seal's local production capabilities and established market position will enhance Sika's waterproofing portfolio [2][4] - The integration of Gulf Seal allows Sika to leverage its sales organization for expanded customer reach and distribution network [4]

Core Insights - Grupo Aeroportuario del Sureste (ASUR) has entered into a purchase agreement with Motiva to acquire Companhia de Participações em Concessões (CPC) for R$5,000 million (US$936 million), with an implied enterprise value of R$13,700 million (US$2,566 million) [1][2] Group 1: Acquisition Details - CPC owns equity interests in 20 airports across Brazil, Ecuador, Costa Rica, and Curaçao, including major airports such as Quito International Airport and Juan Santamaria International Airport [2][3] - The portfolio reported an EBITDA of R$2,000 million (US$375 million) for the twelve-month period ending September 30, 2025, and net financial debt of R$6,300 million (US$1,180 million) [2] Group 2: Strategic Implications - This acquisition will expand ASUR's presence into four new markets in Latin America and the Caribbean, adding over 45 million passengers to ASUR's existing 71 million reported in 2024, solidifying its position as the leading airport operator in the Americas [3] - Out of the 20 airports in CPC's portfolio, 17 have more than 15 years remaining in their concession life, indicating long-term revenue potential [3] Group 3: Transaction Logistics - The transaction is expected to close in the first half of 2026, subject to customary conditions, and will be funded through cash on hand and committed debt financing from JPMorgan Chase Bank [4] - J.P. Morgan Securities LLC is serving as the exclusive financial advisor for ASUR, with several legal advisors involved in the transaction [4]