Category: Deal
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Exclusive-Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion By Reuters
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Written by Anirban Sen and Abigail Somerville NEW YORK (Reuters) – Vista Outdoor (NYSE:) agreed on Friday to sell itself in parts to separate buyers for a total of $3.35 billion, including debt, after fending off a hostile rival that has pursued the sporting goods and ammunition maker for months.…
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Exclusive-Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion By Reuters
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Written by Anirban Sen and Abigail Somerville NEW YORK (Reuters) – Vista Outdoor (NYSE:) agreed on Friday to sell itself in parts to separate buyers for a total of $3.35 billion, including debt, after fending off a hostile rival that has pursued the sporting goods and ammunition maker for months.…
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Augmented Intelligence raises $10m, signs Google Cloud deal
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Ohad Al-Helou and Uri Cohen didn’t do things by the book. They founded their startup Augmented Intelligence (AUI) seven years ago and have remained hidden until now even though they have raised several tens of millions of dollars from private investors for an AI platform targeting the shopping sector. Augmented…
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US Dockworkers Strike Set to Go Ahead After No Deal Announced
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Breadcrumb links BMN Business Dockworkers are set to walk out of every major port on the US East and Gulf Coasts, marking the start of a strike that could spread to the world’s largest economy and cause political unrest just weeks before the presidential election. Article writer: Bloomberg News Laura…
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Hamster Kombat Listing Hits The Market, But Fans Aren’t Cheering—What’s The Deal?
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Popular crypto game Hamster Kombat has begun listing tokens on major exchanges including OKX and ByBit. However, ongoing community unrest around the recent HMSTR airdrop has dampened enthusiasm for the launch. Hamster Combat: “Unfair” Token Distribution The Hamster Kombat crew has been accused of distributing HMSTR tokens unfairly. Many players…
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Hamster Kombat Listing Hits The Market, But Fans Aren’t Cheering—What’s The Deal?
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Popular crypto game Hamster Kombat has begun listing tokens on major exchanges including OKX and ByBit. However, ongoing community unrest around the recent HMSTR airdrop has dampened enthusiasm for the launch. Hamster Combat: “Unfair” Token Distribution The Hamster Kombat crew has been accused of distributing HMSTR tokens unfairly. Many players…
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How to Deal With Trading Boredom
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Trading, whether in currencies, stocks or options, is usually associated with money and risk – things that most people find very exciting. But the truth is that there is Sooo There is so much work behind the scenes that many beginners quit when boredom sets in. Those who start trading…
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Leviathan partners sign $150m Haifa Group gas deal
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The partners in Israel’s Leviathan offshore gas field – NewMed Energy (TASE: NWMD) (45.34%), Chevron Mediterranean (39.6%), and Ratio Energies (TASE: RATI-L) – announced the signing of an agreement to supply the Haifa Group with 0.75 billion cubic meters of gas over seven years. The deal is worth $150 million.…
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Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
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(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
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Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
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(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
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Microsoft deal propels Three Mile Island restart, with key permits still needed By Reuters
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(Resubmitted to correct typo in the word “companies” in the third paragraph) (Reuters) – Constellation Energy Inc and Microsoft Corp said on Friday they have signed an energy deal to help restart a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart…
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Microsoft deal propels Three Mile Island restart, with key permits still needed By Reuters
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(Resubmitted to correct typo in the word “companies” in the third paragraph) (Reuters) – Constellation Energy Inc and Microsoft Corp said on Friday they have signed an energy deal to help restart a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart…
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Steward Health Care’s settlement deal with landlord MPT receives court approval
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U.S. hospital operator Steward Health Care has received court approval for a settlement with its owner, Medical Properties Trust (MPT), amid ongoing bankruptcy proceedings. U.S. Bankruptcy Judge Christopher Lopez approved the agreement, which allows Steward to move forward with the sale of the hospital operations. This comes on the heels…
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Angel Studios to go public via $1.6 billion SPAC deal By Reuters
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(Reuters) – Angel Studios Inc said on Wednesday it will go public in the United States through a merger with Southport Acquisition Corp in a deal valued at $1.6 billion. The company, whose film “The Sound of Freedom” was among the top 10 grossing films in the United States last…
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Boeing labor deal angers many union workers ahead of vote, official says By Reuters
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Written by Alison Lambert (Reuters) – A temporary labor contract agreed between Boeing Co (NYSE:BA) and one of its largest labor unions has angered many workers who had hoped for higher wage increases and better pensions, an official who negotiated the deal said on Monday. The International Association of Machinists…
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Bending Spoons to lay off 75% of WeTransfer staff post deal, CEO says By Reuters
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Italian app developer Bending Spoons will lay off 75% of its staff at file-sharing platform WeTransfer, Luca Ferrari, CEO of the company, said in a statement on Sunday. “I will not be more specific at this stage as the period of redundancies has not yet been fully defined,” Ferrari said…
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Boeing reaches labor deal with 25% pay hike, new plane commitment By Reuters
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By Alison Lambert and David Shepardson Boeing Co said Sunday it has reached a tentative agreement with a union representing more than 32,000 workers in the U.S. Pacific Northwest, in a deal that could help avert a potential strike that could begin on Sept. 13. The proposed four-year deal, which…
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US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners By Reuters
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(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock Inc.’s $12.5 billion deal to buy Global Infrastructure Partners. Under the deal announced earlier this year, BlackRock said it would pay $3 billion in cash and about 12 million BlackRock shares to acquire the asset management giant. BlackRock…