Private equity firms Bain Capital, Warburg Pincus, and Blackstone are considering bids to take Nikkon Holdings private in a deal potentially worth up to $7 billion. Nikkon Holdings, a Tokyo Stock Exchange-listed logistics company with a market cap around $2.2 billion, operates in transportation, packaging, testing, and warehousing. The company has appointed financial advisers and formed a special committee to manage the bidding process, with the first round expected next month and a second round planned for August. This move reflects strong private equity interest in Japan, driven by corporate governance reforms and favorable financing conditions that boost dealmaking opportunities in the region.
AvalonBay Communities and Equity Residential have approved a merger creating a $50 billion real estate company. AvalonBay shareholders will receive 2.793 shares of Equity Residential for each AvalonBay share, owning about 51.2% of the new entity, wit...
SpaceX has filed for an IPO with a target valuation of $1.75 to $2 trillion, potentially making CEO Elon Musk a trillionaire. Congresswoman Lisa McClain owns a stake in SpaceX through a prior investment in xAI, which merged with SpaceX. Depending on ...
Leggett & Platt's Board declared a second quarter dividend of $0.05 per share, payable on July 15, 2026, to shareholders of record as of June 15, 2026. At the company's annual meeting, shareholders elected all eight board nominees, ratified Pricewate...
Zoom Video Communications will report Q1 earnings on May 21, 2026, with analysts expecting $1.41 EPS and $1.22 billion revenue, a 4.2% increase from last year. Growth is driven by AI expansion and strong Zoom Phone service adoption, despite a slight ...
At its May 21, 2026 Annual General Meeting, Nexans shareholders approved all 22 board resolutions, including an 11.5% increase in dividends to €2.90 per share payable on May 27. The meeting also renewed independent board members Laura Bernardelli and...
