EnerSys has agreed to acquire Ultralife Corporation in an all-cash transaction valued at approximately $320 million, including net debt assumption. Ultralife shareholders will receive $16 per share, a 166% premium over the previous closing price. The deal, approved by both companies' boards, aims to combine their complementary power solutions and expand EnerSys' presence in the defense market, particularly in mission-critical applications. The acquisition is expected to close in early 2027, after regulatory approvals and tender offer conditions are met, and Ultralife will be delisted from public markets post-transaction.
Regarding EnerSys' acquisition of Ultralife Corporation, here is Pluang's Industrials sector market snapshot as of Oct 28, 2026 03:12 WIB: Out of 135 priced US Industrials stocks, 84 rose and 51 fell. Notable movers include Archer Aviation Inc (ACHR) at USD 4.25 with a 7.87% increase and 100% buy order activity, Redwire Corporation (RDW) at USD 8.92 with a 7.21% rise but 84% sell order activity, and FuelCell Energy Inc (FCEL) at USD 12.24 with a 6.81% gain and 72% sell order activity. The most notable figure is Archer Aviation's 7.87% price increase.
Vallourec will publish its Q3 2026 financial results on November 20, 2026, at 07:30 AM CET. The company's CEO Philippe Guillemot and CFO Nathalie Delbreuve will present the results via a conference call and webcast at 09:30 AM CET the same day. Inves...
MyPropCapital Technology Limited has launched a new trading evaluation platform that uses the Arbitrum One blockchain to record all fees, rules, passes, and rewards publicly. This system allows traders to verify every detail of their trading deals wi...
The European Central Bank (ECB) has confirmed KBC Group's minimum capital requirements for 2026 following its Supervisory Review and Evaluation Process (SREP). KBC must maintain a fully loaded CET1 ratio of 10.94%, which includes various regulatory b...
Bitget Wallet introduced Virtual Account, allowing users to open free USD and EUR accounts within their self-custodial crypto wallet, powered by licensed partner Noah. Funds deposited convert automatically to stablecoins like USDT or USDC, usable for...
The European Central Bank (ECB) has confirmed KBC Group's minimum capital requirements for 2026, maintaining the Pillar 2 Requirement at 1.95% and Pillar 2 Guidance at 1.00%. This results in an overall CET1 capital requirement of 10.94%. As of Q2 202...
