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.
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.
Deal with Deriva Energy expected to be immediately accretive, boosting renewable energy assets and targeting a cash available for distribution (CAFD) yield over 12%.