Finance Updates – Page 23 – Finance Updates

Jollibee to Spin Off Global Arm with U.S. IPO by Late 2027: What Investors Need to Know

Jollibee Foods Corp. plans to spin off its ov...

The Philippines business will remain listed i...

Existing shareholders are expected to receive...

Jollibee operates 10,000+ stores across 33 co...

Advent Leads €6.7-€6.8B Bid for InPost Amid Governance, Expansion & Valuation Concerns

Europe M&A Couriers and Express Delivery Services

InPost SA said it received an indicative prop...

Reports say the approach is led by Advent Int...

The bid follows a ~37% share-price slide over...

InPost has been expanding across Europe via a...

SGH & Steel Dynamics’ A$13.2B BlueScope Bid Rejected: What’s Next in Valuation Tug-of-War

Asia M&A Primary Metal Manufacturing

SGH and Steel Dynamics made a non-binding all...

The plan would split BlueScope, with SGH taki...

BlueScope’s board unanimously rejected the bi...

The rejection raises the likelihood of a high...

Why Warner Bros. Discovery Said No to Paramount’s $108B Bid in Favor of Netflix Deal

Americas M&A Motion Picture and Video Industries

Warner Bros. Discovery’s board unanimously re...

The offer implies about $108.4 billion enterp...

WBD said the financing and guarantees are too...

Shareholders can tender into Paramount’s offe...

Staar Shareholders Reject Alcon’s $1.6B Bid Over Governance, Valuation & China Concerns

Americas M&A Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

Staar Surgical terminated Alcon’s $1.6B takeo...

Broadwood Partners, which owns about 30% of S...

Alcon’s sweetened $30.75-per-share offer and ...

With the deal off, Staar shares fell over 12%...

Warner Bros Discovery’s Takeover Clash: Netflix, Paramount & Antitrust Stakes Revealed

Americas M&A Motion Picture and Video Industries

Warner Bros. Discovery rejected Paramount/Sky...

Paramount added a $40.4B Larry Ellison equity...

WBD continues to favor Netflix’s roughly $82....

Shareholders can tender into Paramount’s offe...

CPP Investments & GIP Finalize $6.2B ALLETE Deal, Boosting ESG Infrastructure Push

Americas M&A Utilities

CPP Investments and Global Infrastructure Par...

The deal cleared key regulators including FER...

Buyer commitments include roughly $200 millio...

ALLETE will keep its Duluth headquarters and ...

Pinnacle-Synovus Merger Creates $117B Southeast Regional Bank, Eyeing 21% EPS Growth by 2027

Americas M&A Depository Credit Intermediation

Pinnacle Financial Partners and Synovus close...

The fixed 0.5237 exchange ratio leaves Pinnac...

Pinnacle projects ~21% operating EPS accretio...

Kevin Blair is CEO and Terry Turner is chairm...

Vistra Acquires Cogentrix, Gaining 5.5 GW of Efficient Gas Generation for $4.7B

Americas M&A Utilities

Vistra will buy Cogentrix’s 10 gas plants (~5...

The fleet is mostly efficient combined-cycle ...

The acquisition expands Vistra across PJM, IS...

Vistra plans to keep leverage <3x while maint...

Fifth Third and Comerica Shareholders Back $10.9B Merger After Regulatory & Vote Approvals

Americas M&A Depository Credit Intermediation

Fifth Third and Comerica shareholders overwhe...

Comerica holders will receive 1.8663 Fifth Th...

The deal has OCC approval and is targeted to ...

Activist HoldCo Asset Management opposed the ...