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Myriad Uranium and Rush Rare Metals Execute Definitive Merger Agreement Pursuant to Which Myriad Will Acquire Rush
TMX Newsfile· 2026-02-13 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Myriad Uranium Corp. (CSE: M) (OTC: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") and Rush Rare Metals Corp. ("Rush") (CSE: RSH) are pleased to announce that they have entered into an acquisition agreement and an arrangement agreement dated as of February 13, 2026 (together, the "Definitive Agreement") respecting their previously announced merger transaction (the "Merger") under which Myriad will acquire 100% of the issued and outstanding ...
European Wax Shareholders Unhappy With Merger Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
Globenewswire· 2026-02-10 18:12
Core Viewpoint - Julie & Holleman LLP is investigating the proposed $330 million acquisition of European Wax Center, Inc. by General Atlantic, citing concerns over conflicts of interest and the perceived undervaluation of the deal at $5.80 per share [1][5]. Company Overview - European Wax Center is the leading franchisor and operator of out-of-home waxing services in the United States [3]. - The company made significant progress on its key business priorities throughout 2025, establishing a stronger foundation for future growth [3]. - Chairman and CEO Chris Morris expressed "tremendous optimism" regarding the company's prospects in November 2025 [3]. Acquisition Details - General Atlantic, which already owns 40% of European Wax Center, has decided to acquire the remaining shares for $5.80 per share, with the deal expected to close in mid-2026 [4]. - The acquisition price has raised concerns about its fairness, as insiders will remain with the company while public shareholders may be cashed out at a price below the company's true value [5].
Barclays share price forms risky patterns ahead of earnings
Invezz· 2026-02-09 08:45
Barclays share price forms risky patterns ahead of earnings false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [English (Singapore)] [English (Nigeria)] [English (Pakistan)] [English (India)] [eština] [Deutsch] [Dansk] [Español] [Français] [Italiano] [] [Melayu] [Nederla ...
Angle Advisors announces Thermo-Tech Mechanical Insulation has been acquired by Installed Building Products
Globenewswire· 2026-02-05 16:50
Company Overview - Thermo-Tech Mechanical Insulation, Inc. is a leading provider of mechanical insulation services with a 40-year history in insulation contracting, offering advanced mechanical insulation products and installation services [3] - The company is headquartered in Watertown, Wisconsin, and utilizes a proprietary ERP system that provides a competitive advantage in forecasting staffing needs and delivering high-quality work across various systems [3] Acquisition Details - Installed Building Products, Inc. (IBP) has acquired Thermo-Tech, with Angle Advisors serving as the exclusive investment banking advisor for the transaction [1][2] - Following the acquisition, IBP's operational capabilities extend to over 250 locations and a workforce of more than 10,000 employees [4] - IBP aims to leverage the acquisition of Thermo-Tech to enhance its growth in the commercial insulation space, building on its established leadership in residential insulation services [4] Angle Advisors' Role - Angle Advisors played a critical role in the successful sale of Thermo-Tech, demonstrating industry insight and effective transaction execution [2] - The firm has a strong track record, having completed over 310 transactions since 2009, focusing on mergers and acquisitions advisory and capital raising services in the industrials and services sectors [5]
Santander seals $12.2bn deal to acquire Webster
Yahoo Finance· 2026-02-04 11:42
Core Viewpoint - Banco Santander has agreed to acquire Webster Financial for $12.2 billion, enhancing its presence in the US Northeast market [1][2]. Group 1: Deal Structure - Each Webster shareholder will receive $48.75 in cash and 2.0548 Santander shares per share, totaling $75 per Webster share, with 65% in cash and 35% in shares [1]. - The deal is expected to close in the second half of 2026, pending regulatory approvals and shareholder agreement [5]. Group 2: Company Overview - Webster Financial, headquartered in Stamford, Connecticut, operates nearly 200 branches and has over $80 billion in assets [2]. - The combined entity will have approximately $327 billion in assets, $185 billion in loans, and $172 billion in deposits by the end of 2025 [4]. Group 3: Strategic Implications - The merger will unify Santander's consumer finance strength with Webster's commercial banking expertise, positioning the new entity among the ten largest retail and commercial banks in the US [2][4]. - Estimated cost synergies from the merger are around $800 million, representing 19% of the merged cost base, with a target efficiency ratio below 40% by 2028 [4]. Group 4: Leadership Perspective - Webster's CEO John Ciulla expressed that the merger will unlock greater scale and new growth opportunities while maintaining a focus on client success [3]. - Santander US CEO Christiana Riley highlighted that the acquisition strengthens their commercial banking presence and enhances their retail branch footprint, particularly in Connecticut [6].
Up 826% in 10 Years, Is Netflix About to Make an $83 Billion Mistake?
The Motley Fool· 2026-02-01 22:46
Core Viewpoint - Netflix is proposing an all-cash acquisition of certain assets from Warner Bros. Discovery for $27.75 per share, totaling an equity value of $72 billion, which raises concerns about whether this $83 billion deal is a mistake for the company [1][2]. Group 1: Proposed Transaction Details - The proposed deal involves Netflix using $20 billion in cash and taking on $52 billion in debt, leading to an enterprise value of $82.7 billion when including Warner Bros. Discovery's net debt [1]. - Netflix's current market capitalization is approximately $357 billion, making this acquisition significantly larger than its historical growth strategy, which has primarily focused on organic expansion [2]. Group 2: Industry Context - Other major media companies have made large acquisitions, such as Disney's $71 billion purchase of 21st Century Fox in 2019 and Amazon's $8.5 billion acquisition of MGM in 2022, highlighting the scale of Netflix's proposed transaction [2]. - Netflix has been cautious about entering the live sports market, a strategy that competitors like Amazon and Apple are aggressively pursuing [3]. Group 3: Financial Projections and Market Reaction - Netflix aims to achieve $2 billion to $3 billion in annual cost savings by the third year after the deal closes, with expectations that the acquisition will be accretive to earnings per share by the second year [5]. - Since the announcement of the deal, Netflix's shares have declined by 16%, indicating a negative market sentiment regarding the acquisition [7].
JPMorgan leads M&A advisory in TMT sector by deal value in 2025
Yahoo Finance· 2026-01-29 10:25
Group 1: Core Insights - JPMorgan and Houlihan Lokey are the leading financial advisers for M&A in the TMT sector for 2025, with JPMorgan leading in deal value and Houlihan Lokey in deal volume [1][4] - JPMorgan advised on transactions totaling $435.5 billion, while Houlihan Lokey participated in 94 deals, just short of 100 [1][5] - Morgan Stanley ranks third in deal value with $253.4 billion, followed closely by Goldman Sachs at $237.2 billion and Allen & Company at $235.6 billion [2] Group 2: Transaction Volume - In terms of transaction volume, Morgan Stanley also holds the third position with 59 deals, followed by Goldman Sachs with 49 and Evercore with 43 [3] - JPMorgan advised on 32 billion-dollar deals, including seven mega deals valued over $10 billion, contributing significantly to its lead in deal value [5] - Houlihan Lokey's deal volume was significantly higher than JPMorgan's, which had 65 deals, placing it second in volume [5] Group 3: Data Source and Methodology - GlobalData's league tables are based on real-time tracking of various reliable sources, including company and advisory firm websites [5][6] - A dedicated team of analysts monitors these sources to gather detailed information on each deal, including adviser names [5]
SwiftStart Confirms Strategic Investment Intent in TIRX, Beginning with $80 Million at $1.50 per Share
Prnewswire· 2026-01-28 12:15
Core Viewpoint - TIRX has entered into a strategic Memorandum of Understanding (MOU) with SwiftStart Inc. for an initial equity investment of US$80 million at a proposed price of US$1.50 per share, aiming to enhance TIRX's competitiveness in global capital markets [1][2][3] Group 1: Strategic Cooperation - The MOU signifies a step forward in the strategic cooperation between TIRX and SwiftStart Inc., focusing on areas such as digital transformation, intelligent risk management, data asset operations, and international business expansion [2][3] - The collaboration aims to enhance TIRX's overall competitiveness along the industry value chain [2] Group 2: Management Commentary - TIRX's management views the MOU as recognition of its business model and long-term development potential, providing strategic flexibility for capital base strengthening and digital transformation initiatives [3] - SwiftStart Inc. acknowledges TIRX's strategic positioning and operational performance, expressing interest in multi-dimensional collaboration to unlock growth opportunities in China and international markets [3] Group 3: Transaction Conditions - The MOU is non-binding, and any proposed transaction is subject to negotiation, due diligence, and regulatory approvals, with no assurance that definitive agreements will be reached [3]
Home Bancorp Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-27 19:24
Core Insights - Home Bancorp reported a fourth quarter net income of $11.4 million, or $1.46 per share, marking a 21% year-over-year increase and a record full-year net income of $46 million, or $5.87 per share, which is 29% higher than 2024 earnings per share [3][4] Loan Growth and Pipeline - Loans grew by $38 million in the fourth quarter at a 6% annualized rate, with management expecting mid-single-digit loan growth in 2026 due to a building loan pipeline and slowing paydowns [1][6] Net Interest Income and Margin - Net interest income remained stable, decreasing by $58,000 from the previous quarter, while the net interest margin (NIM) dipped 4 basis points to 4.06% [2][3] - Management anticipates NIM to expand to about 4.10–4.15% in 2026, supported by cash flows from loans and investment securities [6][12] Deposit Growth - Deposits increased by 7%, or $192 million, reducing reliance on wholesale funding and allowing the bank to cut Federal Home Loan Bank advances by $173 million [6][7] - Average non-interest-bearing deposits rose by $3 million in the fourth quarter and $40 million for the year, contributing to the overall deposit growth [8] Credit Quality - Credit quality remains healthy with low net charge-offs of approximately 3 basis points, although nonperforming assets rose to $36.1 million, or 1.03% of total assets, primarily due to two downgraded relationships [5][14][15] Texas Expansion - Home Bancorp's Texas franchise has grown loans at a 15% annual rate since entering the market, now accounting for 20% of the company's loan portfolio [17][18] Noninterest Income and Expenses - Noninterest income for the fourth quarter was $4 million, slightly above expectations, while noninterest expense rose by $515,000 to $23 million [22][23] Shareholder Returns - The company increased its quarterly dividend per share by 55% to $0.31 and repurchased 17% of its shares, maintaining robust capital ratios [24]
CRWV INVESTOR REMINDER: Coreweave, Inc. Investors Have Until March 13, 2026 To Seek Lead Plaintiff Role - Kirby McInerney LLP
Globenewswire· 2026-01-23 23:00
Core Points - The lawsuit has been filed on behalf of investors who purchased Coreweave securities between March 28, 2025, and December 15, 2025, alleging that the company overstated its ability to meet customer demand and understated risks associated with reliance on a single third-party data center supplier [4] - Coreweave's share price experienced significant declines following announcements related to a failed merger with Core Scientific, a lowered financial guidance due to delays, and reports of further delays in data center completion [5][6][7] Legal Context - Investors have until March 13, 2026, to apply to be appointed as lead plaintiff in the class action lawsuit, which allows them to oversee litigation and influence key decisions [2] - The lawsuit claims that the company's misrepresentations were likely to have a material negative impact on its revenues [4] Financial Impact - Following the announcement of the merger termination, Coreweave shares dropped by $7.39, approximately 5.5%, from $133.71 to $126.32 [5] - After the third-quarter financial results were released, shares fell by $17.22, or about 16.3%, from $105.61 to $88.39 [6] - A report on delays in data center completion led to a further decline of $6.24, or approximately 7.9%, from $78.59 to $72.35 [7]