Shift4's acquisition of Global Blue establishes it as a vertically integrated payments monopoly, gaining dominant VAT refund infrastructure and access to over 70,000 European merchants. This deal enhances revenue and margins through high-margin dynamic currency conversion (DCC) and hardware consolidation with Shift4 One POS, potentially unlocking €80M+ in incremental revenue and €32M EBITDA. Despite current high leverage, management aims to reduce net debt to EBITDA ratio to low 3x by 2026, supported by strong EBITDA growth and a unique market position beyond traditional consumer payments. The market has yet to fully price in these synergies, suggesting a potential re-rating over the next 12-18 months.
SalMar ASA announced its consolidated slaughter volume for Q2 2026 at 81,800 tons, with contributions from Mid-Norway, North Norway, SalMar Ocean, and Icelandic Salmon. This update provides insight into the company's production scale ahead of the ful...
SalMar ASA announced its consolidated harvest volumes for Q2 2026, totaling 81,800 tons gutted weight across its farming operations in Central Norway, Northern Norway, SalMar Ocean, and Iceland. This update provides insight into the company's product...
BBG Advanced Therapies, part of nonprofit BioBridge Global, has partnered with Kite, a Gilead company, to deploy a Mobile Leukapheresis Center across Texas. This mobile unit collects T-cells from patients locally, reducing travel and logistical chall...
Reference Equity, a shareholder in CBIZ, has called on the company to suspend its share repurchase program and restart its acquisition strategy funded by equity. They argue that while CBIZ shares are undervalued, buybacks do not support strategic gro...
Permutable, a London-based market intelligence company, has joined the TotalEnergiesOn accelerator to develop real-time intelligence solutions for the evolving energy sector, focusing on power and renewables. This six-month program will allow Permuta...
