Diana Shipping Inc. has extended its tender offer to acquire all outstanding shares of Genco Shipping & Trading not already owned by Diana until July 10, 2026. As of June 26, 28.4% of Genco's outstanding shares not owned by Diana have been tendered at an offer price of $27.34 per share, which includes $24.80 in cash plus one Diana share valued at $2.54. This offer represents a 53% premium over Genco's undisturbed share price and is supported by $1.433 billion in committed financing. Diana encourages further shareholder participation and is ready to negotiate with Genco's board to finalize the transaction, which aims to create value for shareholders.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
