Kidpik Corp. (NASDAQ: PIK), a leading online subscription-based children’s apparel company, has merged with Nina Footwear Corp., a renowned brand in women’s and children’s dress shoes and accessories. The merger, which is structured as an all-stock transaction, has been unanimously approved by the Boards of Directors of both companies. The newly formed entity will be…
Merz Therapeutics to acquire Acorda Therapeutics for $185m amid Chapter 11 filing
Acorda Therapeutics, Inc. (Nasdaq: ACOR) has entered into a definitive agreement for the sale of all of its assets, including INBRIJA, AMPYRA, and FAMPYRA, to Merz Therapeutics for a total consideration of $185 million. This strategic move comes as Acorda, a prominent name in the pharmaceutical industry, seeks to navigate through Chapter 11 bankruptcy proceedings….
Wollar Solar Holding agrees to acquire TPC Consolidated Limited for upto $150m
SYDNEY, AUSTRALIA: TPC Consolidated Limited (ASX:TPC), a prominent Australian telecommunications company, has announced a definitive agreement for acquisition by Wollar Solar Holding Pty Ltd (WSH), a subsidiary of Beijing Energy International (Australia) Holding Pty Ltd (BJEI Australia). The agreement, formalized through a Scheme Implementation Agreement (SIA), proposes that WSH will acquire all issued shares of…
GFH Partners announces $450 million in the US real estate sector
Dubai:: GFH Partners Ltd, a subsidiary of GFH Financial Group, today announced that it has concluded investments totaling US$450 million in the US real estate sector between the fourth quarter of 2023 and the first quarter of 2024. The investments are built on GFH Partners’ thematic investing into the fundamentally strong medical clinics and student…
Understanding the Investor Psyche Amidst Market Fluctuations
The investment landscape is inherently dynamic, with market fluctuations being an inevitable aspect of the financial world. A recent study conducted by ComparisonAdviser offers a profound look into the psyche of investors, particularly focusing on their reactions to significant market downturns. The study presents a hypothetical scenario where the stock market today plummets by 25%…
FPT Corporation appoints Christophe Schwanengel as new CEO in France
FPT Corporation, a global technology leader, has announced Christophe Schwanengel as the new CEO of FPT France. Schwanengel’s appointment is a strategic move to bolster FPT France’s growth and diversify its client base across various industries. The company aims to rank among France’s top 50 IT companies by 2028. Dang Tran Phuong, Senior EVP of…
ACI Worldwide partners Arab Financial Services to modernize digital payments in MEA
ACI Worldwide (NASDAQ: ACIW), a leader in real-time payments software, has entered into a decade-long strategic partnership with Arab Financial Services (AFS), the premier digital payment solutions provider in the Middle East and Africa (MEA). This collaboration aims to revolutionize digital payment systems for banks, fintechs, and merchants throughout the region. “Arab Financial Services is…
Liberty Media Corporation signs deal to acquire Dorna Sports for €4.2 billion
Liberty Media Corporation has announced its agreement to purchase Dorna Sports, the exclusive commercial rights holder of the MotoGP World Championship. This acquisition, valued at an enterprise level of €4.2 billion, will see MotoGP become a part of Liberty Media’s Formula One Group portfolio. “We are thrilled to expand our portfolio of leading live sports…
Juniper Landscaping acquires Rip’s Professional Lawn Care and Elegant Landscape & Design
Juniper Landscaping has acquired two Florida-based landscaping giants, Rip’s Professional Lawn Care and Elegant Landscape & Design, marking its growth to 28 branches across Florida and Texas. This expansion includes a significant contract with Tyndall Air Force Base, enhancing Juniper’s presence in the Florida panhandle and Palm Beach markets. “After several years working through concept…
ADNOC Gas announces $3.25 billion dividend and growth strategy
ABU DHABI, UAE: In its first Annual General Meeting post-IPO, ADNOC Gas shareholders approved a $3.25 billion dividend for 2023, with a final payment of $1.625 billion due in Q2 2024. The company revealed plans to increase dividends by 5% annually over the next four years, reflecting confidence in its revenue prospects. The company’s growth…
CH Auto Technology and Mountain Crest Acquisition seal landmark merger
CH Auto Technology Corporation Ltd. (CHATC), a leading Chinese electric vehicle manufacturing and design service company, has successfully completed a business combination with Mountain Crest Acquisition Corp. IV (Nasdaq: MCAF), a Delaware-based special purpose acquisition company. The merger, which was finalized on March 28, 2024, saw CH Auto acquiring a majority stake of 71.2184% in…
Adwise Partners launches GambleAI, a chatbot revolutionizing the iGaming experience
Adwise Partners, a burgeoning player in the iGaming media domain, has unveiled GambleAI, a state-of-the-art chatbot. GambleAI, powered by sophisticated Large Language Models (LLM), is set to transform user interactions with its advanced conversational abilities, marking a significant advancement in user engagement within the iGaming industry. Nayshevsky shared, “The last two years have seen remarkable…