Wall Street futures drop, Asian chip stocks tumble after U.S. strikes on Iran

NEW YORK: U.S. stock futures tumbled early Friday and a sell-off spread across Asian markets after American forces carried out a sixth consecutive night of strikes against Iran, deepening a standoff that has…

Web Desk July 17, 2026

London Stock Exchange

Eli Lilly to acquire BIOG portfolio company, AtaiBeckley Inc

. LONDON: Eli Lilly has announced its intention to acquire BIOG portfolio company, AtaiBeckley Inc. for approximately $2.8 billion, or $6.75 a share, in cash representing a 26% premium to AtaiBeckley's closing…

Bernice Miles July 17, 2026

London Stock Exchange

FirstCash sweetens offer for UK pawnbroker Ramsdens to £229 million

LONDON: FirstCash Holdings Inc. has raised its takeover bid for Ramsdens Holdings PLC to as much as 684 pence per share, the companies announced Wednesday, and declared the new price final barring a…

Ali Mirza July 16, 2026

London Stock Exchange

US private equity firm to acquire UK photonics maker Gooch & Housego for $460 million

ILMINSTER: Gooch & Housego PLC, a British maker of specialized optical components, has agreed to be acquired by an affiliate of Washington-based private equity firm Arlington Capital Partners in an all-cash deal that…

Bernice Miles July 16, 2026

Australian Exchange

Fleetwood sells RV Solutions Division for $9.5 million

SYDNEY: Fleetwood Limited announced Thursday it has agreed to sell its RV Solutions division, which includes the Camec business, to Aussie Traveller Pty Ltd for $9.5 million in a cash-free, debt-free transaction. The binding…

Web Desk July 16, 2026

Nasdaq Nordic

ABB announces $5.5 billion takeover of Rotork Plc

Swiss tech giant makes strategic play to strengthen field-device layer in sweeping all-cash offer ZURICH: ABB Ltd has announced a blockbuster $5.5 billion acquisition of UK-based Rotork plc, a global leader in…

Chenos Kahn July 16, 2026

Wire

Stripe, Advent International make $53 billion offer for PayPal

NEW YORK: Payments company Stripe and private equity firm Advent International have submitted a joint bid to acquire PayPal Holdings Inc. for $60.50 per share, a deal that would value…

NNR July 15, 2026

Wire

IBM stock plunges 23% after disappointing Q2 results, worst drop since 1987

International Business Machines (IBM) saw its stock tumble 23% on Tuesday, marking its steepest single-day decline since October 19, 1987, when shares fell 23.7%. The selloff came after the tech…

Web Desk July 14, 2026

London Stock Exchange

Volex buys remaining 64.3% stake in Kepler SignalTek for $89.4 million

LONDON: Volex plc (AIM: VLX), the UK-based manufacturer known for complex power and data connectivity solutions, has bought out the remaining 64.3% stake it didn't already own in Kepler SignalTek Ltd…

Ali Mirza July 14, 2026

Nasdaq Nordic

Sweco to acquire German water engineering firm STEIN Ingenieure GmbH

MUNICH: Sweco has signed an agreement to acquire STEIN Ingenieure GmbH, an engineering consultancy with about 60 experts across several locations in Germany, the company announced. The deal will expand Sweco's presence in…

Bernice Miles July 14, 2026

Nasdaq Nordic

Lindab Group acquires Irish ventilation distributor, Connaught Ventilation Supplies

STOCKHOLM: Lindab Group acquires Irish ventilation distributor Connaught Ventilation Supplies (CVS). With the acquisition, Lindab Group will be established in western Ireland, a region with high construction activity, a statement said. Connaught Ventilation…

Muhammad ALI July 14, 2026

Nasdaq Nordic

Humble Group sells Fancystage; Takes MSEK 600 impairment hit on sustainable care business

STOCKHOLM: Humble Group AB has agreed to sell its Portuguese subsidiary Fancystage, part of the company's Sustainable Care business area, in a move that will trigger significant goodwill impairments but is expected to…

Chenos Kahn July 14, 2026