M&A

President Donald Trump's recent executive order urging the Department of Justice to reschedule cannabis to Schedule 3 is being hailed as the "most consequential federal cannabis policy shift" in over 50 years. Dan Ahrens, portfolio manager of the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS), says...

New On The Block Mitsubishi Electric plans to sell its automotive equipment business, seeking first-round bids by Jan. 26 from car-parts suppliers and private equity firms. The unit, which makes EV and hybrid inverters, motors, and in-car entertainment systems, has struggled with low profitability...

Venus Concept Inc. (NASDAQ:VERO) stock skyrocketed over 500% on Friday. • Venus Concept stock is among today’s top performers. What’s fueling VERO momentum? Trading Volume The stock is trading with a massive volume of 223.09 million versus the average volume of 1.74 million,...

TransDigm Group Incorporated (NYSE:TDG) on Friday said it signed a definitive agreement to buy Jet Parts Engineering and Victor Sierra Aviation Holdings from Vance Street Capital in a cash deal valued at about $2.2 billion, including certain tax benefits. The two businesses focus on proprietary,...

Invitation Homes Inc. (NYSE:INVH) announced on Friday that it is sharpening its build-to-rent strategy by buying a Southeast-focused developer, adding in-house execution muscle as demand for rental single-family homes stays strong in high-growth markets. Invitation Homes has acquired ResiBuilt...

Rio Tinto Plc (NYSE:RIO) and Glencore Plc (OTC:GLCNF) are weighing a potential spin-off of coal assets. Despite initial optimism, coal remains one of the complex obstacles to combining two vastly different portfolios and investor bases under one roof. Thus, moving those assets in a separately...

On Thursday, Worthington Steel, Inc. (NYSE:WS) disclosed an agreement to acquire Kloeckner & Co. The company plans a voluntary public offer to acquire all outstanding shares of Kloeckner & Co at 11 euros per share ($12.8), with management support and the existing leadership expected to...

Private investment firm Littlejohn is cashing out of The Hiller Companies after a rapid expansion sprint that turned the fire‑ and life‑safety specialist into a more geographically diverse player. Hiller is being sold to Wind Point Partners, according to a report by PEHub. The Greenwich,...

Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares are trading higher Thursday after reports suggested Sanofi is preparing a revised bid for the company. Ocular Therapeutix stock is surging to new heights today. Why is OCUL stock up today? Sanofi Prepares Higher Bid Sanofi is readying an improved...

Parsons Corporation (NYSE:PSN) shares ticked slightly lower in the premarket session on Thursday after the company announced a sizable acquisition designed to broaden its defense footprint. The defense, intelligence, and critical infrastructure market operator has agreed to buy Altamira...

Boston Scientific Corporation (NYSE:BSX) stock fell Thursday, while Penumbra, Inc. (NYSE:PEN) climbed, following news that the medical device giant agreed to acquire the thrombectomy specialist in a cash-and-stock deal. The diverging reaction came as Penumbra also released stronger-than-expected...

Global mining mergers and acquisitions are accelerating, and the trend has overwhelmingly targeted Latin America, according to McKinsey’s latest research. Of the roughly $30 billion in global mining M&A recorded in the first three quarters of the year, 74% went toward Latin American...

Keurig Dr Pepper Inc. (NASDAQ:KDP) and JDE Peet’s N.V. on Thursday announced the formal launch of a recommended public cash offer by Kodiak BidCo B.V. for all issued and outstanding ordinary shares of JDE Peet’s. The offer is priced at 31.85 euros ($37.03) per share in cash, with the...

Rail Vision Ltd. (NASDAQ:RVSN) stock rose Wednesday following the company’s announcement of the completion of a strategic acquisition. The stock’s positive movement comes as broader markets experienced declines, with the S&P 500 down 0.42% on the previous trading day. Rail Vision...

Netflix Inc. (NASDAQ:NFLX) is reportedly preparing to revise the terms of its $82.7 billion deal to buy Warner Bros. Discovery (NASDAQ:WBD) to make it an all-cash offer, as it seeks to fend off Paramount Skydance’s (NASDAQ:PSKY) hostile bid. The revised deal, aimed at offering WBD ...