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CoreWeave Pays $9 Billion for Bitcoin Miner Core Scientific
PYMNTS.com· 2025-07-07 17:49
CoreWeave is acquiring data center infrastructure provider Core Scientific in a $9 billion deal.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The artificial intelligence (AI) company announced the deal Monday (Ju ...
Royal Gold (RGLD) M&A Announcement Transcript
2025-07-07 15:00
Summary of Royal Gold (RGLD) M&A Announcement Company and Industry - **Company**: Royal Gold (RGLD) - **Industry**: Gold streaming and royalty sector Core Points and Arguments 1. **Acquisition Announcement**: Royal Gold has entered into agreements to acquire Sandstorm Gold Royalties and Horizon Copper, aiming to create a premier growth company in the gold streaming and royalty sector [2][4] 2. **Strategic Growth**: The acquisitions align with Royal Gold's long-term strategy of growth through high-quality precious metals assets, enhancing its position as the only large-cap gold-focused streaming and royalty company domiciled in the U.S. [4][5] 3. **Portfolio Diversification**: The transactions will diversify Royal Gold's portfolio in terms of revenue and net asset value (NAV), adding immediate cash flow and substantial organic growth potential [5][22] 4. **Shareholder Benefits**: The addition of Sandstorm and Horizon assets is expected to be accretive to NAV and cash flow, enhancing long-term growth potential for Royal Gold shareholders [5][22] 5. **Transaction Structure**: The Sandstorm acquisition will be an all-share transaction, with Royal Gold shareholders owning 77% of the combined company, while the Horizon acquisition will be an all-cash transaction [11][12] 6. **Expected Growth**: The combined company is projected to increase 2025 gold equivalent ounces (GEO) production by approximately 26%, positioning for over 350,000 GEOs [22][23] 7. **Asset Quality**: The combined portfolio will include high-quality assets such as Antamina, Greenstone, and Fruta Del Norte, which are expected to provide significant growth and exploration upside [14][15][16] 8. **Market Position**: Post-acquisition, Royal Gold will have the largest and most diversified portfolio of mining assets in the streaming and royalty sector, with a focus on precious metals [24][28] 9. **Financial Position**: Royal Gold had no debt and a cash position of $241 million at the end of Q1, with plans to maintain a low debt-to-EBITDA ratio post-transaction [32][33] 10. **Investor Appeal**: The increased scale and liquidity from the transactions are expected to attract both passive and active investors, enhancing Royal Gold's market presence [31][34] Other Important Content 1. **Regulatory Approvals**: The transactions are subject to court and regulatory approvals, with expected closure in Q4 2025 [12][33] 2. **Simplification of Structure**: The integration of Sandstorm and Horizon will simplify the ownership structure, reducing overhead and legal complexities [29] 3. **Geographic Diversification**: The combined portfolio will maintain a strong focus on mining-friendly jurisdictions, with Canada and the U.S. representing 41% of NAV [27] 4. **Long-term Growth Potential**: The combined portfolio is expected to provide numerous growth opportunities, with 40 new revenue-producing assets and a total of 266 exploration stage assets [24][25] 5. **Market Sentiment**: There is a belief that the merger will lead to a revaluation of Royal Gold shares, benefiting Sandstorm shareholders as well [62]
Thermon - Cheap, But Not Impressive
Seeking Alpha· 2025-07-06 21:50
Group 1 - The article promotes a premium service called "Value in Corporate Events" that focuses on major earnings events, M&A, IPOs, and other significant corporate events with actionable investment ideas [1] - The service aims to provide members with opportunities to capitalize on various corporate events, covering 10 major events a month to identify the best investment opportunities [1] Group 2 - The article includes a disclosure stating that the author has no stock or derivative positions in any mentioned companies and does not plan to initiate any positions within the next 72 hours [2] - It emphasizes that past performance is not indicative of future results and that no specific investment recommendations are provided [2]
火爆!并购受理项目已超去年全年!
Guo Ji Jin Rong Bao· 2025-07-04 11:59
随着2025年上半年收官,A股并购市场在政策暖风和产业升级的双重驱动下呈现复苏态势。 自"并购六条"发布以来,并购重组市场规模和活跃度大幅提升。据IPO日报统计,从并购上会项目数量上来看,2025年上半年的上会项目已经 达到2024年全年的86.67%,且并购重组过会率为100%;从受理情况来看,2025年上半年受理的并购重组项目已经远远超过了2024年全年,上 市公司发起并购重组的热情高涨。 IPO日报统计发现,近年来上市公司并购重组活跃度明显提升。除了发布并购计划的上市公司显著增加,随着多项支持政策的发布,并购上会 项目的数量也相应有所增长。 2024年全年,沪深交易所分别审核了7起、8起并购重组项目,全年共计15起并购项目上会。 据IPO日报统计,今年上半年,2025年沪深交易所并购重组委已经审核了13家上市公司的并购重组项目,不考虑罗博特科首次上会暂缓审议, 目前并购重组过会率为100%。 与此同时,半导体行业成为本轮并购浪潮的热门赛道。 AI制图 受理项目激增 据证监会披露,"并购六条"发布以来,上市公司累计披露资产重组超1400单,其中重大资产重组超160单。2025年年初至5月中旬,上市 公司筹 ...
GS Navigates 2025 With Strong Earnings and Stress Test Resilience
ZACKS· 2025-07-03 14:11
Key Takeaways Advisory, underwriting and asset management fueled GS revenue gains amid revived M&A activity. Assets under supervision at GS grew, driven by inflows into alternative investments. GS was a top performer in the 2025 Fed stress test, with $300M in projected losses under extreme conditions.For The Goldman Sachs Group, Inc. (GS) , 2025 has been characterized by both strategic gains and persistent challenges. The investment banking giant, which is part of the Zacks Financial - Investment Bankindu ...
Citi's Stephen Trent on the state of the airlines sector, travel demand and M&A outlook
CNBC Television· 2025-07-03 12:42
Airlines bracing for a busy Fourth of July holiday weekend with 18 and a half million travelers expected from this past Tuesday through this coming Sunday. Joining us now on the state of the sector, Steven Trent, city airline analyst. Stephen, great to have you with us.Thanks for having me. Um, fuel prices are lower, but there's still pressure here on tickets, ticket prices. Why.So, we still have uncertainty in the economy. Um, people and businesses don't exactly know what's going to happen with tariffs. Um ...
火爆!并购受理项目已超去年全年!
IPO日报· 2025-07-03 11:36
据证监会披露,"并购六条"发布以来,上市公司累计披露资产重组超1400单,其中重大资产重组超160 单。2025年年初至5月中旬,上市公司筹划资产重组更加积极,已披露超600单,是去年同期的1.4倍; 其中重大资产重组约90单,是去年同期的3.3倍;已实施完成的重大资产重组交易金额超2000亿元,是 去年同期的11.6倍。 星标 ★ IPO日报 精彩文章第一时间推送 随着2025年上半年收官,A股并购市场在政策暖风和产业升级的双重驱动下呈现复苏态势。 自"并购六条"发布以来,并购重组市场规模和活跃度大幅提升。据IPO日报统计,从并购上会项目数量 上来看,2025年上半年的上会项目已经达到2024年全年的86.67%,且并购重组过会率为100%;从受理 情况来看,2025年上半年受理的并购重组项目已经远远超过了2024年全年,上市公司发起并购重组的热 情高涨。 与此同时,半导体行业成为本轮并购浪潮的热门赛道。 AI制图 受理项目激增 IPO日报统计发现,近年来上市公司并购重组活跃度明显提升。除了发布并购计划的上市公司显著增 加,随着多项支持政策的发布,并购上会项目的数量也相应有所增长。 2024年全年,沪深交易 ...
X @Bloomberg
Bloomberg· 2025-07-02 17:07
RT Bloomberg em Português (@BBGEmPortugues)A eleição presidencial de 2026 será fundamental para trazer mais atividade ao mercado de fusões e aquisições do Brasil, de acordo com alguns dos principais banqueiros de investimento. Por Cristiane Lucchesi e @rachelgamarskiLeia gratuitamente aqui 👇️ https://t.co/I9L7HutD5D ...
TEN Holdings, Inc. Announces Appointment of New Chief Financial Officer
Prnewswire· 2025-06-30 12:00
LANGHORNE, Pa., June 30, 2025 /PRNewswire/ -- TEN Holdings, Inc. (NASDAQ: XHLD) ("TEN Holdings" or the "Company"), a provider of event planning, production, and broadcasting services, today announced the appointment of Virgilio D. Torres as Chief Financial Officer, effective June 30, 2025.  Mr. Torres is an accomplished corporate finance professional with experience leading organizations through mergers and acquisitions, capital raises, and the execution of complex financial strategies. He has managed finan ...
X @Bloomberg
Bloomberg· 2025-06-30 03:04
Japan’s largest drug wholesaler Medipal is seeking merger and acquisition opportunities to diversify its business and counter slower growth in the market https://t.co/8Ic1XBlGLD ...