Capitalising on favourable market conditions, Campari joined the wave of issuances seen across Europe since the beginning of the year. The Courvoisier acquisition marks the largest in Campari's history, which has seen consistent growth through various acquisitions. The company priced its new shares at €9.33 each, a 6% discount from the closing price on Tuesday.…
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Harpoon has a portfolio of innovative T-cell engagers using the company’s proprietary TriTAC and ProTriRAC platforms to harness and activate a patient’s immune system to eliminate malign cells. During 2023, Harpoon shares climbed by 41% and surged by almost 112% on Monday. Analysts believe Merck is exploring new avenues of growth as its current top-selling…
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In April 2022, WarnerMedia completed its $43bn merger with Discovery, securing better tax advantages and creative licensing. As a result, Warner Bros CEO David Zaslav will face heavy tax implications if he chooses to engage in any merger before April 2024 (two years after the original merger). While a potential merger between the two studios…
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Analysts observe that the 12 consecutive months of exceeding expectations have been spurred on by the rapidly growing demand for artificial intelligence (AI) chips, mainly GPUs, which are provided by tech giants such as Nvidia, and semiconductors. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Hans Mosesmann, analyst at Rosenblatt Securities, suggested that…
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Reportedly, this is yet another attempt to keep the battling beauty retailer afloat. In April, Natura sold Aesop, another one of its subsidiaries, to L’Oreal (OR.PA) for just over $2.5bn. In its press release, the company stated: With the transaction, Natura &Co will strengthen and deleverage its balance sheet, freeing up resources to focus on…
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By leveraging Euroclear's open infrastructure, responsible for managing €3.1 trillion worth of funds worldwide, according to the official announcement, and harnessing Goji's technology, a digital platform will be created to enhance trading and custody processes, improve accessibility, and lower the overall cost of accessing private market funds. The acquisition comes at a time of growing…
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Regulated by ASIC since 2011, GMT Markets, caters to retail, as well as institutional clients. The company works closely with banks to provide clients with competitive spreads on forex, gold, commodities, indices, and crypto CFDs. FPG Capital establishes strong partnerships with banks to offer competitive spreads on forex, gold, commodities, indices, and crypto CFDs. Through…
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CAPEX.com highlighted in the official announcement that the newly announced acquisition will strengthen its position in the market and support its growth and expansion plans in the online fintech industry. Patrascu added: We see consolidation in the market as a positive development, and the current macroeconomic conditions and competitive landscape are favorable for such consolidation.…
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The acquisition payment will be facilitated through the issuance of an initial set of 3,938,294 ordinary shares, valued at 1 pence each, in Equals Group plc. Further sets of 61,706 shares, and potentially up to 1,000,000 shares (depending on specific conditions), will be issued over the next six months. Ian Strafford-Taylor, CEO of Equals, said:…
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Joe Li, Chairman of ATFX, commented: We are thrilled to welcome RSA into the ATFX family. This acquisition presents a significant opportunity for us to expand our presence in the Australian market and provide clients in the region with enhanced trading solutions. We are committed to investing in technology, talent, and resources to ensure that…
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