Core Viewpoint - TXNM Energy has received approval from the U.S. Federal Energy Regulatory Commission (FERC) for its acquisition by Blackstone Infrastructure in an $11.5 billion deal, which includes debt [1]. Group 1: Acquisition Details - The acquisition deal is valued at $11.5 billion, which encompasses both equity and debt components [1]. - FERC determined that the transaction would not impair state or federal regulation and would not adversely affect rates [1]. Group 2: Regulatory Approval - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired, allowing the transaction to proceed [1].

Cenovus Energy on Thursday reported a surge in fourth-quarter net earnings from a year earlier as its upstream production rose by 5% on the year to hit a record high. Cenovus Energy’s net earnings jumped to US$683 million (C$934 million) for the fourth quarter, up from US$107 million (C$146 million) for the same period of 2024. The fourth-quarter operating results included record upstream production of 917,900 barrels of oil equivalent per day (boe/d), and downstream crude throughput of 465,500 barrels ...

Key TakeawaysNetflix (NFLX) is reportedly prepared to increase its $82.7 billion bid for Warner Bros. Discovery (WBD) assets as it battles a $108.4 billion competing offer from Paramount Skydance.The US 30-Year TIPS auction saw strong demand, with the high yield falling to 2.473% and indirect bidders taking a significant 78.3% of the offering.Fed Governor Stephen Miran has moderated his dovish stance, suggesting that firm labor data and rising goods inflation may limit 2026 rate cuts to 100 basis points.Nip ...

Sompo Holdings, Inc. has reportedly received the necessary antitrust and insurance regulatory approvals required to complete its acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings Ltd. (SIH).In August last year, SIH agreed to acquire all outstanding Class A ordinary shares of Aspen Insurance in a $3.5 billion transaction.The announcement prompted AM Best to place the Financial Strength Rating of Sompo Japan Insurance ...

Following the mutually agreed-upon expiration of their strategic partnership on December 31, 2025, Talanx AG, a major German-based multinational insurance and reinsurance group, has acquired the shares held by Meiji Yasuda Life Insurance Company in their Polish joint ventures.Talanx exercised its purchase options on the shares held by the Japanese life insurer Meiji Yasuda in its Polish subsidiaries: 24.3% of Towarzystwo Ubezpieczeń i Reasekuracji Warta S.A. (Warta) and 50.0% minus one share of Towarzystwo ...

Seaborne transportation companies are trying to consolidate, but union workers aren't happy.Shares of ZIM Integrated Shipping Services (ZIM +25.45%) popped on Tuesday after the Israeli cargo carrier struck a deal to be acquired by larger rival Hapag-Lloyd (HPGLY 1.65%). By the close of trading, ZIM's stock price was up more than 25% after rising as much as 35% earlier in the day. An enticing offer for ZIM shareholdersUnder the terms of the deal, Hapag-Lloyd will purchase ZIM for $35 per share in cash. That ...

Photographer: Caroline Brehman/Bloomberg David Ellison is trying to rewrite the ending to the most dramatic story in Hollywood. Paramount Skydance Corp.’s chief executive officer will be able to make a “best and final” offer for Warner Bros., potentially upsetting the storied film and TV company’s rival deal with Netflix Inc. Most Read from Bloomberg Warner Bros. agreed on Tuesday to reopen negotiations with Paramount after receiving a revised proposal last week that sweetened some of its terms. Param ...

Masimo stock jumped on a report of a potential acquisition. The company is perhaps best known for its yearslong patent dispute with Apple. ...

Core Viewpoint - Hapag-Lloyd is in advanced negotiations to acquire ZIM Integrated Shipping Services, which would enhance its position as one of the largest ocean shipping companies globally [1] Company Summary - Hapag-Lloyd aims to consolidate its market position by acquiring ZIM's international operations for over $3 billion, while FIMI Opportunity Funds will acquire ZIM's Israeli operations [1] - The acquisition could increase Hapag-Lloyd's global market share from 7% to just under 9%, making it the fifth-largest ocean shipping company [1] Industry Context - The deal is seen as a strategic move to gain additional capacity in the short term, especially given the current limitations in shipyard delivery slots [1] - Regulatory approvals and a vote by ZIM's shareholders will be necessary for the transaction to proceed [1]

Core Viewpoint - DigitalBridge Group, Inc. will release its financial results for Q4 and the full year ending December 31, 2025, on February 25, 2026, after market close, amid a proposed transaction with SoftBank Group Corp. [1] Financial Results Announcement - The financial results will cover the fourth quarter and the full year ending December 31, 2025 [1] - The announcement is scheduled for February 25, 2026, after market close [1] Conference Call and Guidance - DigitalBridge will not host a conference call or provide detailed financial guidance during the acquisition process with SoftBank Group Corp. [1]