Tag #Mergers And Acquisitions

jpost.com
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Chainalysis Acquires Israeli Fraud Prevention Firm Alterya

Chainalysis, a blockchain analytics company, acquired Israeli fraud prevention firm Alterya on Monday for an undisclosed sum; Alterya, founded in 2022, uses AI to detect social engineering scams in real time, protecting over $100 million in assets in 2024 and serving clients like Coinbase and Binanc...

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52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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Foxconn's Aggressive Push into Electric Vehicle Market

Taiwanese electronics giant Foxconn aims to produce 40% of the world's electric vehicles, forming numerous joint ventures and making significant acquisitions in the auto supply chain, prompting a merger between Honda and Nissan.

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40% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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Market Volatility: Quantum, Semiconductor, and Biotech Stocks Plunge

Midday market trading saw significant drops in quantum computing stocks (Rigetti -27%, D-Wave -32%), semiconductor stocks (Nvidia -2%, Micron -5%), and Moderna (-20%) due to lowered expectations, export restrictions, and reduced sales guidance, respectively; however, some companies like Howard Hughe...

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36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Market Volatility: Delta Soars, Insurers Fall Amid Wildfires

In midday trading, Delta Air Lines shares surged 9% due to exceeding Q4 expectations, while Constellation Energy jumped 24% after announcing a $26.6 billion Calpine acquisition; however, several insurers dropped due to California wildfire losses, and other companies fell due to missed earnings or do...

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44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
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Spain Seeks Swift Deal to Save Talgo Train Manufacturer

The Spanish government is racing against time to broker a deal between Sidenor and Trilantic Capital Partners to acquire the Spanish train manufacturer Talgo within the next 21 days, aiming to prevent a potential sale to foreign entities and safeguard 2,500 jobs.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Westinghouse CEO Steps Down Amidst Financial Losses

Westinghouse Electric Company CEO Patrick Fragman is stepping down at the end of March 2025, with Dan Sumner taking over as interim CEO, while the company searches for a permanent replacement amidst recent financial losses and Cameco's growth targets.

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48% Bias Score

Affordable and Clean Energy
cnbc.com
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CAE Inc. Faces Activist Pressure Amidst Underperformance and CEO Transition

CAE Inc., a Canadian flight training and simulation technology company, reported lower than expected FY24 results including an operating loss of C$185 million and announced its CEO's resignation; activist investor Browning West LP is advocating for a strategic CEO search process.

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60% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Cleveland-Cliffs and Nucor Team Up in Bid for U.S. Steel

Cleveland-Cliffs and Nucor are jointly bidding to acquire U.S. Steel for an amount exceeding $30 per share, aiming to prevent the company's acquisition by Japanese firm Nippon Steel, which was blocked by the White House over national security concerns.

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56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Pershing Square Bids $85/Share for Howard Hughes Holdings

Bill Ackman's Pershing Square is offering $85 per share for Howard Hughes Holdings, a 38.3% premium, aiming to merge a new Pershing subsidiary with the real estate company, keeping current management.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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CPPIB Sells Calpine Stake in US$16.4 Billion Constellation Acquisition

CPPIB is selling its 15.75% stake in Calpine Corp. to Constellation Energy Corp. for US$2.6 billion (US$700 million cash and US$1.9 billion in stock) as part of Constellation's US$16.4 billion acquisition; this marks a substantial return on CPPIB's initial investment and positions Constellation as t...

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48% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 85% Global Worthiness
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Wiz Appoints New President, CFO to Prepare for IPO

Israeli cloud security firm Wiz appointed Fazal Merchant as president and CFO to spearhead its upcoming U.S. initial public offering (IPO) in roughly one year, following its rejection of a $23 billion acquisition offer from Google last July; the company currently has $500 million in annual revenue a...

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48% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Biden Blocks Nippon Steel's U.S. Steel Bid, Sparking Lawsuit

President Biden blocked Nippon Steel's \$15 billion bid to acquire U.S. Steel due to national security concerns, prompting a lawsuit from Nippon Steel and U.S. Steel, which alleges the decision was politically motivated to appease union members opposed to the deal.

Progress

60% Bias Score

Decent Work and Economic Growth