Aleksandra Zhilenkova MNC Capital announced on Wednesday that it continues to be committed to acquire Vista Outdoor (NYSE:VSTO) at $42 per share. The firm said its offer is still open for the Vista Outdoor (VSTO) board to accept. Since delivering executed financing commitments and a merger agreement on July 1st,Continue Reading
Khanchit Khirisutchalual/iStock via Getty Images Envestnet (NYSE:ENV) rose 2% on a report that buyout firm Bain Capital is in advanced talks to purchase the wealth-management software firm. The price for a deal is around Envestnet’s (ENV) current stock price of around $63 and could be announced as soon as thisContinue Reading
Dore Copper Mining Corp on Wednesday said it has signed an agreement with SOQUEM to acquire a 56.41% interest in a group of contiguous claims located immediately north and east of its Corner Bay project. After the agreement, SOQUEM will receive a cash payment of $20,000 and equivalent of $125,000Continue Reading
Faiz Dila/iStock via Getty Images Billionaire Xavier Niel offered to acquire Millicom International Cellular (NASDAQ:TIGO) in a transaction that values the Latin American carrier at about $4 billion. Niel’s Atlas Luxco offered to pay $24 a share in cash for Millicom, according to a statement earlier Monday. Shares of MillicomContinue Reading
Zhanna Hapanovich/iStock via Getty Images Altair Engineering (NASDAQ:ALTR) to acquire all the outstanding capital stock of Canada-based Metrics Design Automation Inc. for an undisclosed sum. Metrics Design Automation specializes in the computer software area, offering a revolutionary simulation as a service (SaaS) business model for semiconductor electronic functional simulation andContinue Reading
Risto0/iStock Editorial via Getty Images Nokia (NYSE:NOK) is acquiring Infinera (NASDAQ:INFN) for $2.3B to strengthen its optical networking position, particularly in North America, the companies announced Thursday afternoon. Infinera stocks soared more than 25% during early post-market trading following the announcement. The transaction represents a premium of 28% to Infinera’sContinue Reading
luza studios/E+ via Getty Images CleanSpark (NASDAQ:CLSK) said on Thursday that the bitcoin miner is set to acquire all the issued and outstanding shares of GRIID Infrastructure (OTCPK:GRDI) in an all-stock transaction. GRIID Infrastructure operates as a vertically integrated bitcoin mining company. The deal values GRDI at an enterprise value,Continue Reading
Anterix (NASDAQ:ATEX) on Wednesday said it has entered into an agreement with Oncor Electric Delivery Company under which Oncor will acquire 900 MHz broadband spectrum from Anterix necessary to deploy a private wireless broadband network throughout its service territory. The new licenses will enable Oncor to move to next generationContinue Reading
LPETTET/E+ via Getty Images High Tide (NASDAQ:HITI) has entered into a definitive asset purchase agreement to buy a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia, for $600,000. For the trailing three months ended May 31, 2024, the store generated annualized revenue of $2.3 million and annualized adjustedContinue Reading
Simply Solventless Concentrates (TSXV:HASH:CA) on Tuesday entered into an agreement with Lifeist Wellness (LFST:CA) for the acquisition of its unit CannMart for $500k in cash, among others. The company announced a services agreement in respect of the operations of CannMart. SSC also signed a non-brokered private placement of up to 14Continue Reading
