Berkshire Hathaway, the US conglomerate led by Warren Buffett, is set to acquire a 2.49% stake in Japanese insurer Tokio Marine for approximately $1.8bn (Y287.4bn) as part of a newly formed “strategic partnership”. Tokio Marine will sell around 48.2 million treasury shares to National Indemnity Company (NICO), Berkshire’s primary reinsurance subsidiary. To avoid diluting current shareholders, Tokio Marine will repurchase up to Y287.4bn of its own shares. NICO may increase its stake in the future, mainl ...

Figure 1 Gran Tierra Energy Inc. Announces Strategic Partnership with Ecopetrol for The Development of Fields in the Middle Magdalena Valley Adjacent to Gran Tierra’s Largest Producing Field CALGARY, Alberta, March 17, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that it has signed a contract (collectively, “the Contract”) whereby the Company is expected to earn, subject to regulatory approvals and other co ...

🚨JUST IN: COINBASE IN TALKS WITH BYBIT FOR INVESTMENT PARTNERSHIP@Coinbase is reportedly discussing a potential investment deal with @Bybit_Official, according to @WuBlockchain.Sources say the discussions center on a strategic partnership.Bybit is believed to be seeking entry into the regulated US market.Three sources familiar with the matter confirmed the talks, per Wu Blockchain. ...

Core Insights - Custom Truck One Source reported record quarterly revenue of $528 million for Q4 2025, with adjusted EBITDA of $121 million, reflecting an 18% year-over-year increase. Full-year revenue reached $1.944 billion, an 8% increase from 2024, with adjusted EBITDA up 13% [7][8]. Segment Performance - APS (Advanced Power Solutions) generated $37 million in revenue for Q4, maintaining a gross margin of 27%. The full-year gross margin was just under 24%, improving by nearly 120 basis points year-over-year [1]. - TES (Truck and Equipment Sales) reported Q4 equipment sales of $284 million, down 8% year-over-year due to customers advancing capital spending and deferring deliveries. Full-year revenue was $1.1 billion, up 4% and the highest in the segment's history [2]. - ERS (Equipment Rental Solutions) achieved Q4 revenue of $207 million, a 20% increase year-over-year, with full-year revenue growing 17%. Utilization averaged 83.6% in Q4, up approximately 470 basis points from Q4 2024 [3][5]. Financial Performance - The company reported a Q4 net income of approximately $21 million but a full-year GAAP net loss of about $31 million, affected by a prior year gain from a sale-leaseback transaction. Excluding this gain, underlying net income improved due to higher gross profit and lower interest expenses [4]. - The average OEC (Original Equipment Cost) on rent was just under $1.4 billion in Q4, up 14% year-over-year, with management noting historically high levels of utilization and OEC on rent [5][6]. Strategic Initiatives - A strategic partnership with Hiab was highlighted, aimed at broadening the product portfolio and enhancing service capabilities in various markets [10]. - The company is investing in expanding aftermarket service capacity to support TES customers and grow parts and service revenue [11]. Balance Sheet and Cash Flow - The company ended 2025 with net debt of $1.65 billion and net leverage of 4.3x, an improvement from the previous year. Working capital progress was noted, with inventory declining by over $100 million in Q4 [12][13]. - Net rental capital expenditures exceeded $40 million in Q4, with total rental fleet OEC reaching almost $1.64 billion, a record high [14]. 2026 Outlook - Full-year 2026 guidance projects revenue between $2.005 billion and $2.12 billion, with adjusted EBITDA of $410 million to $435 million, indicating year-over-year growth of 3% to 9% in revenue and 7% to 13% in adjusted EBITDA [15]. - The company plans to reduce net investment in the rental fleet to approximately $150 million to $170 million in 2026, down from over $250 million in 2025, while still growing the rental fleet at a mid-single-digit rate [15]. Reporting Changes - Starting with the quarter ending March 31, 2026, the company will shift to two reportable segments: Specialty Equipment Rentals (SER) and Specialty Truck Equipment and Manufacturing (STEM) [16].

Core Viewpoint - Omineca Mining and Metals Ltd. has signed a Memorandum of Understanding (MOU) with PSI Group, where PSI will fully fund the Fraser Canyon Project in exchange for a 75% share of recovered metals, while Omineca retains a 25% zero-cost carried interest [1][9]. Project Overview - The Fraser Canyon Project is located 12 kilometers northwest of Quesnel, BC, and encompasses a known, buried paleochannel along the Fraser River [2][3]. - Historically, the Canyon Mine and Tertiary Mine produced a total of 1,482 ounces of raw placer gold before 1986 [2][3][16]. Strategic Partnership Details - PSI Group will assume full responsibility for all capital and operational expenditures, including engineering, exploration, development, mining operations, and site reclamation [9]. - The partnership aims to expedite the initiation of a trial mining and placer gold recovery program in 2026, with a Notice of Work (NOW) submission targeted for Q1 2026 and trial mining expected to begin by Q4 2026, pending regulatory approvals [8][9]. Mining Operations and Technology - PSI plans to utilize modern technologies, including multiple roadheaders, to enhance excavation efficiency and reduce processing time [5][6]. - A pre-sorting and gold recovery operation is planned to facilitate continuous mining and processing throughout the year [6]. Ownership and Future Plans - The MOU allows PSI to earn up to a 50% ownership interest in the project components through performance-based milestones [10]. - Omineca and PSI are working towards a definitive agreement based on the MOU terms, which will be announced once finalized [10]. Historical Context - The Fraser Canyon Project has a history of mining operations, with the Canyon Mine employing conventional methods to produce significant amounts of gold and silver in the past [4][11].

Core Insights - Silver Lake Partners has entered into a strategic partnership with Nomura Securities to establish a primary trading account in Japan, enhancing its local presence and execution efficiency in the Japanese market [1][3][7] Company Overview - Silver Lake is a global leader in private equity investing, focusing on technology and growth industries, with over US$116 billion in combined assets under management and committed capital [22] - Nomura Securities is a leading integrated financial institution in Japan, providing a wide range of services including securities brokerage, asset management, and corporate finance [23] Strategic Partnership Details - The partnership aims to leverage Nomura's financial infrastructure and client network to improve local equity transactions, M&A execution, and capital market activities [8][10] - A primary trading account will serve as the central channel for investment execution and capital flows in Japan, facilitating collaboration with Japanese companies on various financial solutions [10][19] Market Opportunities - Silver Lake sees long-term opportunities in Japan, particularly in technology, energy transition, and industrial modernization, and aims to strengthen connections with local financial institutions [7][18] - The partnership is expected to support large-block equity transactions and enhance capital collaboration channels with local institutions [13] Investor Implications - Japanese investors may gain indirect exposure to global growth themes through Silver Lake-led transactions, enhancing their investment participation in high-quality global assets [12][20] - The partnership will also focus on financial education for individual investors, helping them understand institutional investment logic and capital allocation trends [16] Future Outlook - As Japan's capital markets undergo internationalization and modernization, Silver Lake's commitment reflects confidence in the country's economic potential and aims to integrate capital and technology [18][20] - The partnership will explore opportunities in cross-border M&A and strategic equity investments to support the transformation of Japanese companies [19]

🔥 UPDATE: Tether to provide up to $150M in GPU services and $100M in advertising to Rumble as part of a strategic partnership. https://t.co/MoYTPoEwWT ...

Core Viewpoint - Rise Gold Corp. has entered into a strategic development partnership with Morgan Hughes Energy to advance the Idaho-Maryland Mine as a U.S.-based gold and critical-minerals project [1][2]. Company Overview - Rise Gold Corp. is an exploration-stage mining company based in Nevada, USA, with its principal asset being the historic Idaho-Maryland Gold Mine located in Nevada County, California [11]. Partnership Details - Under the Agreement, Morgan Hughes will assist Rise Gold in development planning, capital formation, and positioning the project within domestic critical-minerals initiatives [2][4]. - The partnership aligns Morgan Hughes' economic interests with the long-term advancement of the Idaho-Maryland Mine [2]. Historical Context - The Idaho-Maryland Mine operated from 1862 to 1957, producing approximately 2.4 million ounces of gold at an average mill head grade of 0.50 ounces per ton (17.1 grams per tonne) [2]. - The mine was also a significant supplier of tungsten during World War I and was selected by the Department of War for tungsten supply post-Korean War [2]. Tungsten Supply and Strategic Importance - Tungsten is critical for various defense applications and is included in the 2023 Department of Energy Critical Metals List [3]. - China produces 84% of the global tungsten supply and has imposed restrictions on tungsten exports, highlighting the strategic importance of domestic tungsten production [3]. Project Development and Milestones - The Agreement spans 18 months, during which Rise will issue 18 million warrants to Morgan Hughes, with vesting contingent on achieving specific project advancement milestones [6][7]. - If material development participation or capital commitments are secured within 36 months, Rise will pay Morgan Hughes a one-time development milestone payment of USD $1.5 million [8]. Local Economic Impact - The Idaho-Maryland Mine is projected to create 475 new local jobs and become Nevada County's largest taxpayer, contributing to local economic development [6]. - The mine is positioned to supply the U.S. military with critical minerals necessary for national defense [6]. Legal Proceedings - The Nevada County Board of Supervisors denied Rise's application for a Use Permit for production, despite a comprehensive Environmental Impact Report indicating no health or safety risks [5]. - Rise has filed a Writ of Mandamus to compel the Supervisors to recognize its vested rights to operate the mine, with oral arguments scheduled for March 6, 2026 [5].

Core Viewpoint - Bluefield Solar Income Fund (BSIF) highlighted its strategic partnership with GLIL Infrastructure, progress in its development pipeline, and ongoing sale processes in its interim results presentation for the period ending December 2025 [1] Strategic Partnership with GLIL - The partnership with GLIL is a central priority, with management reporting "very good progress" and emphasizing shareholder value creation linked to development assets [2] - BSIF has agreed on "phase 3" of the program, which includes a portfolio of 183 MW of development assets, and has acquired 249 MW of solar assets in North East England [2] Broader Scope of Partnership - The collaboration, established over two years ago, includes more than 400 MW of operational assets and over 200 MW in construction or development [3] - The partnership demonstrates private capital interest in "end-to-end" platforms that integrate development, investment, and operational capabilities [3] Financial and Dividend Highlights - BSIF reported a gross asset value of just over £1.1 billion, with a decline in net asset value (NAV) attributed to its full payout structure and market factors [4] - The company's NAV has been decreasing in a "runoff" scenario, with dividends being paid while no new assets are being added, alongside a weaker power market [5] - Operational cash flow for the half year was reported at just over £37 million, with expectations of a slight decrease compared to the record cash flow of £95 million for the financial year ending 2025 [5] - The company is targeting a dividend of 9 pence per share for the full year, an increase from 8.9 pence per share previously, with a dividend yield above 12% at the period end [6] Debt Strategy and Portfolio Valuation - Since its IPO in 2013, BSIF has followed a deliberate debt strategy, securing long-term debt against asset portfolios with fixed interest rates at conservative gearing levels [7] - The financing strategy is designed to be fully amortizing within the life of regulated revenues [7]

Core Insights - Branford Castle Partners has announced a strategic investment initiative with Marubeni Corporation, enhancing its access to Marubeni's global resources and expertise [1] Group 1: Investment Details - Marubeni Corporation is making a significant investment in Branford Castle's new flagship investment fund [1] - The collaboration aims to leverage Marubeni's global network for deal sourcing, logistics, manufacturing, and commodities support [1] Group 2: Company Profiles - Marubeni Corporation, headquartered in Tokyo, is one of Japan's largest trading companies with approximately 130 branches and offices worldwide and over 50,000 employees [1] - Branford Castle Partners focuses on lower middle-market investments, typically making control investments in companies with up to $15 million of EBITDA [1]