Acquisition of a 49% stake from EDP Renewables adds 1.6 GW of solar, wind, and battery storage assets across the U.S.
The all-cash deal, valued at $210 per share, paves the way for the creation of a diversified energy and industrial technology leader.
Analyst cites accelerating DRAM pricing and a cyclical recovery in the memory chip market as key drivers for the bullish outlook.
Chipmaker to deploy 6 gigawatts of GPUs for OpenAI's AI infrastructure, signaling a major challenge to Nvidia's market dominance.
Investors look past share dilution, betting the capital injection will fuel debt reduction and growth in next-generation battery technology.
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.
The merger signals accelerating consolidation within the U.S. regional banking sector, creating the nation's 9th largest bank.