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Investigation launched into Apogee's $10.9B deal with CRH over possible board misconduct

Market News
22 Jun 2026
PRNewsWire
View Source
Bearish
pluang ai news

Ademi LLP is investigating Apogee's $10.9 billion acquisition by CRH for potential breaches of fiduciary duty by Apogee's board. The deal offers Apogee shareholders $135.11 per share in cash, but insiders stand to gain significant benefits through change of control arrangements. The investigation focuses on whether the board acted in shareholders' best interests, especially given restrictions that penalize competing bids. This legal scrutiny could impact the transaction's progress and shareholder outcomes.

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Ademi LLP probes Roku's $160/share deal with Fox over possible shareholder fairness issues

Ademi LLP probes Roku's $160/share deal with Fox over possible shareholder fairness issues

Ademi LLP is investigating Roku's recent $160 per share transaction with Fox for potential breaches of fiduciary duty and legal violations. The deal includes $96 in cash plus Fox stock, with Fox shareholders expected to hold 73% of the combined compa...

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Global smart card market to reach $26.8B by 2035, driven by digital ID and contactless payments growth

Global smart card market to reach $26.8B by 2035, driven by digital ID and contactless payments growth

The global smart card market, valued at $16.44 billion in 2025, is projected to grow to $26.80 billion by 2035 at a CAGR of 4.63%. Growth is fueled by rising adoption of contactless payments, digital identity programs, and secure authentication in ba...

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2 hours ago
Tour de France launches AI-powered 'Inside My Race' for personalized fan insights and real-time race storytelling.

Tour de France launches AI-powered 'Inside My Race' for personalized fan insights and real-time race storytelling.

Capgemini and the Tour de France have introduced 'Inside My Race,' an AI-driven digital platform offering fans personalized, near real-time insights and storytelling during the race. The platform uses generative AI to transform complex race data into...

Others
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2 hours ago
Capgemini and Tour de France launch AI-powered personalized digital fan experience.

Capgemini and Tour de France launch AI-powered personalized digital fan experience.

Capgemini and the Tour de France have introduced "Dans Ma Course," a new AI-driven digital platform that offers fans a personalized and immersive way to follow the race in near real-time. This innovative tool uses generative AI to transform complex r...

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2 hours ago
Sanoma acquires Polish AI-based language tutoring platform Fluentbe to expand learning business.

Sanoma acquires Polish AI-based language tutoring platform Fluentbe to expand learning business.

Sanoma has acquired Fluentbe, a Polish digital language tutoring platform that uses AI to offer personalized language learning for individuals and companies. Fluentbe serves over 40,000 students and collaborates with more than 600 highly qualified tu...

Company Fundamentals
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