Hubbell Inc. announced it will acquire NSI Industries, a leading electrical products manufacturer, for $3 billion in cash. The acquisition complements Hubbell’s Electrical Solutions portfolio, targeting growth in industrial, datacenter, and network infrastructure markets. NSI is expected to generate $570 million in revenue in 2026, with the deal anticipated to increase Hubbell’s adjusted EPS and operating margins. The transaction is expected to close mid-2026, financed through cash and debt, pending regulatory approval.
Firefly Aerospace stock surged 24% following SpaceX's successful test flight of its upgraded Starship V3 rocket and the company's IPO filing seeking up to $75 billion. The test demonstrated key advancements in rocket reusability and fueled investor e...
KNDS N.V., based in Amsterdam, has decreased its voting rights in RENK Group AG from 15.83% to 10.03% as of May 19, 2026. This change was officially reported under German securities law, reflecting a significant reduction in KNDS's influence over REN...
KNDS N.V., based in Amsterdam, has decreased its voting rights in Renk Group AG from 15.83% to 10.03% as of May 19, 2026. This change was officially reported under the German Securities Trading Act. The reduction in stake may influence shareholder dy...
FCCE, the majority shareholder of Installux, has agreed to acquire 6.38% of Installux shares from Amiral Gestion at €500 per share, totaling €8.93 million. Following this acquisition, FCCE will hold 87.45% of Installux's capital and voting rights. FC...
Moment Factory and Mitsui Fudosan have formed a long-term strategic partnership to develop large-scale immersive fan experiences, including a new Pokémon attraction set to launch in Europe in spring 2027. This collaboration combines Moment Factory's ...
