Brenntag To Acquire Solventis Group For Undisclosed Terms Chemicals and ingredients distributor Brenntag SE (BNTGF.PK) announced Thursday the agreement to acquire Solventis Group, a glycols and solvents distribution company operating from Antwerp, Belgium, and from the UK. Financial details of the deal are not being disclosed. Established in 2002 and based in the U.K., the […]

Twenty-Year Bond Auction Attracts Below Average Demand The Treasury Department announced the results of this month’s auction of $13 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted below average demand. The twenty-year bond auction drew a high yield of 4.213 percent and a bid-to-cover ratio of 2.55. Last month, the Treasury sold […]

Aon Slips After Agreeing To Acquire NFP In $13.4 Bln Deal Shares of Aon plc (AON) are sliding more than 6 percent on Wednesday morning trade after the company signed a definitive agreement to buy the middle market property and casualty broker NFP for a total consideration of $13.4 billion. Aon plans to fund the […]

Ocular Therapeutix Prices Public Offering At $3.25/share Biopharmaceutical company, Ocular Therapeutix, Inc. (OCUL), Thursday announced the pricing of an underwritten public offering of 30.8 million shares at $3.25 per share, to raise $100.1 million. In the pre-market activity, the shares of Ocular are tumbling 16.24 percent to $3.3 on the Nasdaq. The company said that […]

RM Plc Expects Annual Revenue To Fall RM Plc (RM.L), an educational technology, digital learning, and assessment solution provider, said on Thursday that it expects a decline in its full-year headline revenue. The company expects its annual headline revenue from continuing operations of around 196 million pounds, lesser than last year’s 214.2 million pounds. RM […]

Medifast Down 9% After Signing Partnership With LifeMD For Weight Mgmt Solution Medifast, Inc. (MED) shares are sliding more than 9 percent on Wednesday morning trade after the company agreed to partner with LifeMD for weight management solutions. As per the agreement, LifeMD will offer its patients an independent OPTAVIA Coach and other lifestyle support […]

Shattuck Labs Reports Positive Initial Data From Dose Expansion Trial Of SL-172154 With Azacitidine Shattuck Labs, Inc. (STTK) reported initial topline dose-expansion data from ongoing Phase 1A/B clinical trial of SL-172154 in combination with azacitidine in frontline Higher-Risk Myelodysplastic Syndromes and TP53 mutant Acute Myeloid Leukemia patients. The company said 79% objective response rate was […]

Volution Group 4-month Revenue Rises; Sees Annual Earnings Ahead Of Market Expectations Volution Group Plc (FAN.L), a maker of indoor air quality solutions, said on Wednesday that it has recorded an improvement in revenue for the first four-month period of the full year, supported by a strong performance in the UK market. For the four-month […]

Brown & Brown Completes ABS Acquisition Brown & Brown, Inc. (BRO), an insurance brokerage firm, Friday announced that it has completed the acquisition of ABS Risk, LLC and ABS Operations, LLC collectively called as ABS. Financial terms of the deal are not known. ABS is a warrantor of the automotive aftermarket providing nationwide parts and […]

Assa Abloy Buys Ghost Controls Assa Abloy AB (ASAZF.PK), a Swedish manufacturing major, said on Thursday that it has acquired Ghost Controls, a supplier of automated residential gate openers. Post-transaction, the acquisition will be accretive to the earnings per share of Assa Abloy. Massimo Grassi, Executive Vice President of ASSA ABLOY, said: “Ghost Controls impressive […]