OppFi announced a $130 million acquisition of BNCCORP and its subsidiary BNC National Bank, combining OppFi's digital lending platform with BNC's national bank charter. This strategic move aims to expand OppFi's geographic reach and diversify its financial products, including SBA lending and wealth management. The deal is expected to strengthen OppFi's balance sheet with low-cost deposits, improve regulatory compliance, and generate significant cost synergies. Closing is anticipated in Q4 2026, with OppFi stockholders owning 93% of the combined company, and adjusted EPS projected to grow by over 25% in 2027 and 40% in 2028.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
