The all-stock deal marks a significant move in the ongoing consolidation wave among U.S. regional banks, creating a new top-ten lender.
Despite a revenue beat, the semiconductor equipment supplier's net loss and missed earnings per share estimates sent shares tumbling in after-hours trading.
All-stock transaction marks significant consolidation in the regional banking sector, creating the 9th largest U.S. bank by assets.
The executive search firm's shares jumped over 19% after agreeing to an all-cash acquisition by an investor group led by Advent International and Corvex.
The all-cash deal, valued at $210 per share, paves the way for the creation of a diversified energy and industrial technology leader.
Acquisition of a 49% stake from EDP Renewables adds 1.6 GW of solar, wind, and battery storage assets across the U.S.
The unsolicited offer represents a 53% premium, as Mobix escalates its takeover attempt for the semiconductor firm.
New framework agreement focuses on a loan repayment plan, allowing the pharmaceutical firm to refocus on its core CNS pipeline.