Boralex Inc. has agreed to be acquired by Brookfield Asset Management Ltd and La Caisse in a deal valuing the company at $9 billion enterprise value. Shareholders will receive $37.25 per share in cash, a premium of over 31% compared to recent trading prices. The acquisition aims to accelerate Boralex's 2030 strategic growth plan, leveraging Brookfield and La Caisse's financial strength and expertise in renewable energy. Boralex will continue operating independently with headquarters in Québec, focusing on expanding its renewable energy projects across Canada, the U.S., France, and the U.K. The transaction is expected to close by Q4 2026, pending shareholder and regulatory approvals.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
