Brookfield Asset Management has finalized the acquisition of Peakstone Realty Trust in an all-cash deal valued at approximately $1.2 billion. Peakstone, now privately held, owns over 70 industrial assets including industrial outdoor storage, which complements Brookfield's existing global logistics platform. This acquisition strengthens Brookfield's position in the industrial real estate sector, particularly in logistics infrastructure with durable demand and limited institutional ownership. Brookfield plans to leverage its expertise and capital to enhance the value of Peakstone's portfolio.
Focus Graphite's Lac Knife Graphite Project in Canada has been recognized and supported by the Canadian government as part of a clean-energy and critical-minerals infrastructure initiative. The project received C$1.38 million in non-repayable federal...
U.S. spot Solana Exchange-Traded Funds (ETFs) recorded a net inflow of $14.59 million, the largest single-day inflow in three weeks, indicating renewed institutional interest in Solana. This inflow is a significant increase compared to $8.8 million o...
Oil prices slightly fell on Friday but are on track for a second consecutive weekly increase as the US announced plans for the toughest sanctions ever against Iran. This move has dimmed hopes for a quick reopening of the Strait of Hormuz, a key oil s...
Shell is repositioning its portfolio to mitigate disruptions from the Middle East by acquiring ARC Resources, which offers low-cost, high-quality condensate production. This strategic move allows Shell to respond more quickly to geopolitical shocks a...
DJS Law Group announced a class action lawsuit against ADMA Biologics for alleged violations of securities laws, including making false statements and failing to disclose related party transactions. The lawsuit claims ADMA manipulated sales figures t...
