What’s Going On With Blackstone Stock Today?
Blackstone to sell Turtle Bay Resort for $725 million, expected to close Q3 2024.
Tellurian Eyes Debt Reduction, Divests Integrated Upstream Assets To Aethon
Aethon Energy Management announces $260M deal for Tellurian's assets and 2 mtpa LNG purchase agreement from Driftwood LNG plant.
Windward Management Issues Letter To NETGEAR Board Advising The Immediate Repurchase Of At Least 25% Of The Shares Outstanding, ~$100M, & the Formation Of A Strategic Review Committee To Examine Splitting Off And/Or Selling The NFB Segment
Current net cash is equal to ~80% of NETGEAR's market cap & recent company-provided 2024 free cash flow guidance implies a de minimis, to potentially negative, enterprise value by year-endWindward believes splitting
Why Is Agios Pharmaceuticals Stock Trading Higher On Tuesday?
Agios Pharmaceuticals sells its 15% royalty rights on U.S. net sales of Servier's vorasidenib to Royalty Pharma for $905 million upon FDA approval.
Energy Transfer Expands Permian Presence With $3.25B Acquisition: Details
Energy Transfer LP to acquire WTG Midstream Holdings LLC for $3.25 billion in a deal that is expected to boost natural gas infrastructure in Permian Basin.
BHP’s Spinoff South32 Eyes Anglo American’s Manganese Assets
South32, spun out of BHP Group in 2015, is interested in acquiring Anglo American's manganese assets. It is also seeking to diversify its portfolio.
Reported May 17, 2024 “Thoma Bravo Explores Sale Of Instructure; Holds An 83% Stake In The Company, Has Tapped JP Morgan Chase, Opens New Tab To Gauge The Interest Of Potential Buyers That Include Other Buyout Firms” – Reuters News
https://www.reuters.com/markets/deals/thoma-bravo-explores-sale-instructure-sources-say-2024-05-17/ Private equity firm Thoma Bravo is exploring a sale of Instructure (INST.N), opens new tab, a U.S. education
Waste Management Mulls $3B Sale Of RNG Business: Report
Waste Management is seeking to sell its renewable natural gas business for about $3 billion. The company is working with JPMorgan to gauge interest from potential buyers.
Arcadia Biosciences (RKDA) Announces Sale of GoodWheatTM to Above Food Corp for $4M
Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, and Above Food Corp., an innovative food company leveraging its vertically
Why Is New York Community Bancorp Stock Higher Premarket Wednesday?
NYCB shares up after selling $5 billion in loans to JPMorgan, adding to CET1 capital ratio and improving liquidity and loan-to-deposit metrics.