Constellium has sold its stake in the automotive structures joint venture located in Changchun, China, to a Chinese automotive holding company. The facility, which employs about 200 people, produces aluminum crash management systems and structural components for the Chinese automotive market. This sale aligns with Constellium's Vision 2028 strategy to optimize its operations and improve competitiveness by concentrating resources on key automotive structure markets. The financial terms of the deal were not disclosed.
Kaskela Law is investigating the $9.50 per share buyout offer for Global Business Travel Group (GBTG), arguing it may undervalue the shares. The firm notes that some analysts had price targets as high as $12 per share, about 25% above the buyout pric...
MEXC has launched the TradFi Gala, a month-long Futures trading campaign from June 26 to July 26, 2026, featuring 0-fee trading and a 1,000,000 USDT reward pool. The campaign targets AI and semiconductor stock trading, reflecting strong market moment...
Zymeworks Inc. announced it will acquire Theravance Biopharma for approximately $929 million in cash, adding the COPD treatment YUPELRI to its portfolio. The acquisition is expected to enhance Zymeworks' earnings and cash flow, supported by a $350 mi...
McEwen Inc. has been added to the Russell 2000 Index as of June 29, 2026, following the Russell Reconstitution. This inclusion increases McEwen's visibility to institutional investors and index-tracking funds. The company focuses on gold, silver, and...
Global Net Lease, Inc. has sold $74 million in assets since Q1 2026, including $66 million of occupied properties mainly office assets at a 7.2% cash cap rate. These sales reduce the company's office property exposure to about 21% of portfolio rent, ...
