This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
CoStar management believes the deal will go through before the end of 2024, but it still needs to pass shareholder and regulatory hurdles. As a result, the proposed acquisition creates an opportunity known as merger arbitrage -- a short-term investing strategy where you buy stocks of companies trading below their acquisition prices.
With support from the European Bank for Reconstruction and Development (EBRD) as a minority shareholder, the investment is designed to drive both organic and acquisitive expansion. Learn more about mergers and acquisitions in the CEE area by joining the CEE Private Equity Conference in Warsaw. Can`t stop reading?
T&D Holdings will become the largest shareholder, while Allianz will acquire a 25% stake. This scrutiny intensified after Cinven-backed Eurovita was placed into special administration in Italy due to capital shortfalls. The deal, pending regulatory and merger-control approvals, is expected to close in the second half of 2025.
ExxonMobil kicked off the current boom in mergers and acquisitions last year with its recently closed $60 billion deal for Pioneer Natural Resources. Rival Chevron followed with its acquisition of Hess , which it hopes to close in the coming months. A consolidation wave continues to wash over the oil patch. shale plays.
It is a merger Monday in the truest sense. Tim Beyers: Yes, if you are a Redfin shareholder and I am, you are rooting heavily for Rocket Companies to recover its share price because that is going to affect what you are going to get as a Redfin shareholder once this deal closes. Tim, thanks for joining me. Dylan Lewis: I'm glad.
Devon Energy (NYSE: DVN) has struck out on several potential acquisition opportunities over the past year. The company's Grayson Mill Energy acquisition was a key topic of conversation on that call. All fueled up for a strong 2025 "We see significant financial value created from this acquisition," stated Devon's CEO on the call.
A high-stakes clash between private equity titans KKR and Bain Capital over a $4bn buyout of Fuji Soft is reshaping the landscape of mergers and acquisitions (M&A) in Japan, and could become a blueprint for more aggressive dealmaking in the country, according to a report by the Financial Times.
A consortium led by private investment firms Starwood Capital Group and Warburg Pincus is working to finalise a deal to take ESR Group private, valuing the Hong Kong-listed real estate fund manager at over $7bn, according to a report by Reuters. The company raised $1.6bn during its 2019 IPO in Hong Kong, pricing shares at HKD16.8
Vista Equity Partners has sold an $800m minority stake in LogicMonitor, a SaaS-based hybrid observability platform powered by artificial intelligence (AI), to a consortium of investors including PSG, Golub Capital, and others.
Mitsubishi Chemical has agreed to sell its pharmaceutical subsidiary, Mitsubishi Tanabe Pharma, to US private equity firm Bain Capital in a deal valued at JPY510bn ($3.36bn) as part of a broader effort to streamline its portfolio.
A merger that underperformed on multiple levels If you're not familiar with the saga, here's the shortened version of the story. It was a time, however, when mergers of similar companies were almost always seen as bullish, value-adding events. Shareholders were finally forced to face a tough reality by 2017 though.
VinFast just came public through a special purpose acquisition company (SPAC) merger in which more than 80% of shareholders redeemed their shares before the merger closed. Veritas Capital has made an offer to purchase BlackBerry, according to reports from the news service Reuters.
Stomping on the gas Oneok has increased capital investments in recent years. billion on capital projects this year (up from its initial range of $1.3 In addition, the midstream company expects the merger will increase its free cash flow per share by an average of more than 20% from 2024 to 2027. After spending about $1.2
An affiliate of Paceline Equity Partners, LLC , a Dallas-based private equity manager, today announced that it has participated in a $175m financing facility to support GCOM Software LLC’s merger with OnCore Consulting, LLC. GCOM is a portfolio company of Sagewind Capital, LLC , a New York-based middle-market private equity firm.
Their low valuations and shareholder-friendly capital return strategies make them great oil stocks to buy this month. Chevron's other upside catalyst is its pending acquisition of Hess. Chevron estimates the acquisition would enable it to more than double its free cash flow by 2030 at $70 oil. billion ($16.24
It has a reasonable dividend payout ratio (60% to 70% of its stable cash flows), a strong investment-grade balance sheet, and lots of liquidity that it routinely replenishes by recycling capital. The company uses its financial flexibility to invest in expansion projects and make acquisitions. Each one has a long growth runway ahead.
Free cash flow and business developments I've used FCF because most companies base their capital allocation strategies on it. Buying back shares (which reduces the share count and increase the claim of shareholders on future FCF). Supporting asset acquisitions (which will add FCF). billion 10.5% $3.2 billion 10.3%
Why Activision and Adobe shareholders might not want their company's proposed acquisitions to go through. If you're telling me that rates are going to stay high and go higher, the cost of capital is going to continue to rise, that worries me a little bit from a valuation perspective. Dividend Equity ETF. Stay right here.
Understanding dividends and capital allocation To understand why dividends are so fundamental to our image of a blue chip stock, we have to first understand why companies pay them in the first place. A dividend is a way for a company to pass along earnings directly to its shareholders.
Moreover, many businesses have preferred to put their capital to work in other areas besides owning their properties. After acquiring just over 2,000 properties from the merger with Spirit Realty, Realty Income's property portfolio has grown to around 15,500 properties. This pays shareholders $3.16
A challenging past and present Nikola hit public markets through a reverse merger with a special purpose acquisition company (SPAC) in June 2020. A company's past results don't necessarily reflect future performance, but it can give clues about whether or not its business strategy creates shareholder value. With just $226.7
At their core, they're capital providers to early-stage businesses looking for funding to get their operations off the ground. Furthermore, some BDCs, such as Ares Capital, offer more sophisticated financing solutions -- making them appealing to larger public companies as well. What are business development companies?
The acquisition has stalled over regulatory concerns, and its initial terms have been amended. Nonetheless, iRobot shares are currently trading 43% below the updated acquisition price, creating a significant merger arbitrage opportunity. A brief timeline of Amazon's proposed acquisition of iRobot In Aug.
Earlier this year, the drugmaker dove headfirst into immunology with the $11 billion acquisition of Prometheus Biosciences , and its novel ulcerative colitis candidate, PRA023. Instead, the company will likely be a big player on the merger and acquisition scene as it braces for Keytruda's patent expiration.
Hercules Capital: 11.5% dividend yield Hercules Capital (NYSE: HTGC) is a prominent BDC that lends money to companies in the technology, life sciences, and energy sectors. Generally speaking, during the early days of a start-up , founders will raise money from venture capital or private equity firms in exchange for equity.
OTC Markets itself, though, could hardly be in better financial shape -- and its recent shareholder returns speak to that fact. While sales and net income only rose by 4% and 3% in the company's most recent quarter due to low volatility in the stock market, OTC Markets quietly made two acquisitions in 2022 to restart its growth.
Canoo was not a normal IPO Canoo came public via a merger with a special purpose acquisition company (SPAC) in late 2020. That's exactly what happened, and an increasing number of the SPAC mergers from that period are now resulting in bankruptcies. Here's five reasons you should tread carefully.
Companies like Salesforce reward employees with stock-based compensation, which can dilute existing shareholders. But if done right, it can help companies recruit and retain top talent without diluting shareholders. Over the last decade, Salesforce's outstanding share count has increased by 54%. Microsoft paid a record $10.7
If a company is using up a lot of cash over the course of its operations, then there's a risk that it will need to issue shares, and thus dilute its existing shareholders and put downward pressure on the stock price. This doesn't yet factor in how much it spends on capital expenditures and growth-related activities.
Vast opportunity Roy took some time to highlight why the company believes it's in the best position to capitalize on the opportunities it sees ahead in the real estate sector. Looking to 2024 and beyond," stated Roy, "we are on track to achieve similar capital deployment and AFFO per share growth objectives this year." to 15.1%.
The logic behind the spinoff was that it would unlock shareholder value and allow each company to more easily pursue mergers and acquisitions (M&A), allocate capital, and compensate employees as a pure play focused on one industry. and GXO Logistics wasn't one of them!
Only 12% of its shareholders resided in the U.S. It's not a high-growth business, but it is sustainable, which will allow the company to continue rewarding shareholders with stock buybacks and dividends. So it has let down shareholders before. But Norwegian energy giant Equinor (NYSE: EQNR) is also up there.
The merger wave in the oil patch is continuing in 2024. That acquisition will enhance APA's scale in the resource-rich Permian Basin. Here's a look at the latest oil stock merger and what it means for investors. It drives its view that the acquisition will bolster its free cash flow. All three deals share a common theme.
We've increased our regular dividend rate 160%; and including both regular and special dividends, paid or committed to pay more than $13 billion directly to shareholders; and $3.2 billion of that free cash flow back to our shareholders through a mix of our regular dividend and opportunistic share repurchases. We generated $1.6
First, the company is a specialist in mergers and acquisitions. One of the more interesting ones of the last few years was the acquisition of on!, I think management is showcasing some solid leadership with this move and underlining how important creating shareholder value is for the company. year over year for Altria.
A wave of mergers and acquisitions (M&A) activity has washed over the oil patch in the last year. Several midstream companies have made acquisitions, while the rumor mill suggests others are on the prowl. The master limited partnership (MLP) has made several acquisitions over the years. billion in July.
It's making two acquisitions to enhance its footprint, cash flow, and ability to return cash to investors. After closing the deal for GIP's interest in EnLink, Oneok plans to pursue the acquisition of EnLink's publicly traded shares in a tax-free transaction (i.e., a stock-based acquisition). EnLink currently has a $12.3
After its 2022 merger with Kirkland Lake Gold and its acquisition of Yamana's Canadian assets, Agnico has emerged as a leading producer of gold -- and profits. More like specialized financiers, royalty and streaming companies provide up-front capital to miners to help them finance their capital-intensive projects.
Capital One (NYSE: COF) is one bank that faced pressure as multidecade-high interest rates weighed on the sector as a whole, but its stock has performed much better recently. Here's what you need to know about the acquisition and Capital One's business before buying it today. billion last year. Image source: Getty Images.
The strong cash flow will enable us to return to a debt-free status as we exit Q1 2025, paying off the remainder of the $1 billion debt inherited from the NuVasive merger. We exceeded our 2024 synergy targets, and we're able to accelerate value creation and shareholder return as a result. Integration is progressing well. Q4 '24 U.S.
Companies that pay dividends display a commitment to shareholders and tend to have prudent capital management. Riley Financial (NASDAQ: RILY) , Blackstone Secured Lending Fund (NYSE: BXSL) , and Ares Capital (NASDAQ: ARCC). According to S&P Global Capital IQ LCD, the U.S. Ares Capital has a 9.7% They are B.
In addition to being the top banana in the chocolate world, Hershey's recent acquisitions of Skinny Pop Popcorn and Dot's Homestyle Pretzels are paying immediate dividends, with the new units growing sales by 13% and 65% annually since 2019. MTYFF Free Cash Flow data by YCharts Making 27 acquisitions worth more than $1.7
It can create a snowball effect for accelerating shareholder value by compounding the pace of innovation, dividend raises, buybacks, mergers and acquisitions, and more. For example, suppose a company is passing along all of its profits to shareholders through dividends, but it continues to take on debt. based company.
Drilling down into the issue When Chevron unveiled its megadeal for Hess, the oil company highlighted: "The acquisition of Hess upgrades and diversifies Chevron's already advantaged portfolio. It currently remains committed to the merger despite this latest issue. Chevron is currently in talks with the two companies.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content