Industry

Brown & Brown Acquires Accession Risk Management for $9.83 Billion, Marking Major Industry Consolidation

Brown & Brown buys Accession for $9.83B, boosting its market position amid insurance industry consolidation.

#insurance, #acquisition, #business, #market, #merger

Wall Street Firms Report 14th Consecutive Quarter of Decline in Investment Banking Revenues

Investment banking contributes less than 25% to Wall Street revenue as trading surges amid macroeconomic challenges.

#investmentbanking, #tradingrevenues, #wallstreet, #usbanks

U.S. Department of Defense Invests $400 Million in Domestic Rare Earth Production

DoD invests $400M in MP Materials to secure domestic rare earth supply, reducing reliance on China, boosting military and tech sectors.

#us, #defense, #rareearths, #mpmaterials, #supplychain

Goldman Sachs Appoints Ben Wallace as Co-Head of Americas M&A Division

Ben Wallace becomes co-head of Goldman Sachs' M&A division for the Americas, emphasizing healthcare sector growth.

#goldmansachs, #mergers, #healthcare, #leadership

Goldman Sachs Appoints Ben Wallace as Co-Head of Americas M&A

Goldman Sachs names Ben Wallace as co-head of Americas M&A, enhancing their strategic focus on healthcare sector.

#goldmansachs, #mergersandacquisitions, #benwallace, #healthcare

Merck Acquires Verona Pharma for $10 Billion to Boost Respiratory Portfolio

Merck acquires UK-based Verona Pharma for $10B, enhancing its respiratory treatments ahead of Keytruda's 2028 patent expiration.

#merck, #veronapharma, #acquisition, #pharmaceuticals, #respiratorydisease

Citigroup Strengthens M&A Leadership with Appointment of Drago Rajkovic

Citigroup appoints Drago Rajkovic as M&A co-head, boosting tech sector strategy.

#citigroup, #mergersandacquisitions, #investmentbanking, #technology

Samsung Expands Into Healthcare with Xealth Acquisition

Samsung acquires digital health platform Xealth, integrating it with its wearable tech to enter healthcare, amid challenges and competitive dynamics.

#samsung, #healthcare, #digitalhealth, #acquisition, #wearabletech

European Corporate Earnings Projected to Decline Amid Rising U.S.-EU Trade Tensions

Europe's Q2 2025 earnings forecast revised down as U.S.-EU trade tensions rise, impacting corporate strategies and economic outlooks.

#europe, #us, #trade, #earnings, #economy

Vista Equity Partners and Blackstone Acquire Assent Inc. for $400 Million

Vista Equity Partners and Blackstone acquire compliance software firm Assent Inc. for $400M, appointing Michael Southworth as CEO to drive growth.

#privateequity, #software, #supplychain, #sustainability

UBS Appoints Taylor Henricks as Head of M&A for the Americas

UBS hires Taylor Henricks, ex-Morgan Stanley, to lead M&A in the Americas, focusing on tech sector growth.

#ubs, #mergersandacquisitions, #investmentbanking, #technology, #americas

E.l.f. Beauty Acquires Hailey Bieber's Rhode in $1 Billion Deal

E.l.f. Beauty buys Hailey Bieber's skincare brand Rhode, marking a $1 billion expansion in prestige skincare market.

#beauty, #business, #celebrity, #acquisition

Octopus Energy Prepares to Demerage Technology Unit Kraken

Kraken Technologies to split from Octopus Energy, valued at $10B, enhancing tech's role in energy sector.

#octopusenergy, #krakentechnologies, #energysector, #demerger, #investment

FCA Warns on Rising Corporate Takeover Leaks in UK

FCA concerns over 38% of UK corporate takeovers leaked before announcements, suggests insider trading rise.

#uk, #fca, #corporatetakeovers, #marketabuse

Hewlett Packard Enterprise Finalizes $14 Billion Acquisition of Juniper Networks

HPE completes Juniper Networks acquisition, enhancing AI-driven networking, following DOJ settlement on antitrust concerns.

#hpe, #junipernetworks, #acquisition, #networking, #ai