Parex Resources announced that Frontera Energy's shareholders approved the acquisition of Frontera's Colombian upstream oil and gas assets by Parex for $500 million in cash, $225 million in net debt assumption, and a $25 million contingent payment. The deal, approved by 99.95% of Frontera shareholders and sanctioned by the Supreme Court of British Columbia, is expected to close in the second quarter of 2026. This acquisition will expand Parex's presence in Colombia's oil and gas sector, including exploration, production, and related facilities. The transaction is subject to final conditions but marks a significant growth step for Parex in the region.
A new patent application reveals a quantum AI project creating humanoid robots that can carry a person's 'digital DNA' to live alongside humans for centuries. This technology, part of a federally registered clinical trial, allows families to preserve...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging the company may have provided misleading business information to investors in its stock-based mutual funds. Investors who purchased Pu...
CoreWeave secured a $35 billion deal with Meta, making Meta one of its largest customers through 2032. Despite this significant partnership, CoreWeave's shares fell following news related to Meta's own cloud services. The drop suggests investor conce...
Celestia (TIA) is experiencing a 25% decline year-to-date and is about to undergo a major token unlock releasing around $124,000 worth of tokens in two days, which may increase selling pressure. Despite weak on-chain performance and low blockchain ac...
SL Green's 1185 Sixth Ave tower has signed two leases totaling nearly 57,000 square feet, raising occupancy to about 92%. Ryan Specialty LLC renewed and expanded its 29,166 square-foot lease, while Solil Management LLC signed a new 27,508 square-foot...
