Intertek Group PLC has unanimously rejected a third takeover offer from private equity firm EQT, which valued the company at £58 per share in cash. The board considers the offer significantly undervalued and risky due to its conditional terms. Instead, Intertek is moving forward with a strategic review to potentially split the company into two divisions: Testing & Assurance and Energy & Infrastructure. The board is prioritizing a sale of the Energy & Infrastructure division and has already attracted buyer interest, aiming to complete the review by mid-2027. EQT must decide by 14 May whether to make a firm bid or withdraw under Takeover Code rules.
Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...
AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...
PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
