Sun Communities, a real estate investment trust specializing in manufactured housing (MH) and recreational vehicle (RV) communities, has agreed to sell its UK assets, including Park Holidays, to Aermont Capital for approximately $1.03 billion in cash. This sale allows Sun Communities to concentrate fully on its core North American MH and RV portfolio, which is expected to generate about 95% of its net operating income post-transaction. The deal is subject to regulatory approval and is expected to close in the second half of 2026. Proceeds from the sale will enhance Sun's financial flexibility and support disciplined capital allocation focused on growth and shareholder returns.
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...
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...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
