The investment comes as Shields transitions to private ownership following the $10 billion acquisition of its former parent Walgreens Boots Alliance by Sycamore Partners. Specialty pharmacies sell medications that require special storage, handling, and distribution conditions, often used by patients…
The secondary sale values each share at $1,381.06, according to an internal memo to staff seen by Bloomberg. The document also notes that the company has already received demand for the shares from both new and existing investors. Employees of…
McLaren Group Limited’s owners — Bahrain’s sovereign wealth fund Mumtalakat and Abu Dhabi-based CYVN Holdings — will take full control of the racing team, the sources said, speaking on condition of anonymity to discuss the deal. They will buy out…
The Uzbek state-backed company is seeking a valuation of about $20 billion, including debt, two sources said, citing a nearly 30% rise in the price of gold this year and the market multiples of other gold miners. Shares of companies…
According to a statement from Western Midstream, the deal will pay Aris investors 0.625 of a share of Western Midstream common stock with an option to receive $25 per share in cash, a 23% premium to Tuesday’s closing price. The…
The deal includes a flagship plant and research center in Sweden, as well as a site for a future plant in Germany, the company said in a statement. Lyten said it plans to work with the Swedish and German governments…
Adani Power Ltd. won the tender announced by state-owned Bihar State Power Generation Co., offering 6,075 rupees ($0.07) per unit of electricity — the lowest bid in a “rigorous competitive process,” Adani Power said in a statement on Thursday. The…
According to the agreement reached, the EU must purchase $250 billion worth of energy resources each year, including natural gas, oil and nuclear technologies, including modular nuclear reactors (SMRs). European Commission President Ursula von der Leyen said that the calculations…
The memory chip manufacturer, without naming the counterparty in the official announcement, noted that the contract comes into effect on July 26, 2025 — the date orders begin to be accepted — and will be valid until December 31, 2033.…
The company, which was spun off from industrial assets of Fibra Uno Administracion SA, sold shares, known as CBFIs, at a price of 100 pesos each, the company confirmed, Bloomberg News reported earlier in the day. Fibra Next will use…
U.S. IPO activity has rebounded significantly after a slump triggered by trade tensions earlier this year. But investors remain selective about new offerings. For example, shares of NIQ Global, a consumer behavior analytics company backed by Advent, fell 3.6% in…
According to a statement released on Thursday, as part of the largest banking deal of 2025, Synovus and Pinnacle shares will be converted into shares of a new parent company, Pinnacle. Synovus shareholders will own about 48.5% and Pinnacle shareholders…