Cloud-based software company Salesforce, Inc. (CRM) announced Monday it has signed a definitive agreement to acquire Fin, formerly Intercom, an industry-leading customer agent company, for approximately $3.6 billion, subject to customary purchase price adjustments. Fin's core offering, its AI Agent,...
Monday, Fiserv, Inc. (FISV) announced the appointment of Takis Georgakopoulos as Chief Executive Officer and as a member of the Board of Directors, effective immediately. Georgakopoulos succeeds Mike Lyons, who has stepped down from the position to return to banking and become CEO of Truist Financial...
Natural gas compression equipment provider Natural Gas Services Group, Inc. (NGS) announced on Monday that it has acquired Flatrock Compression Holdings for $120 million in cash and stock. The deal includes $110 million in cash and $10 million in newly issued NGS common stock. The acquisition adds...
Canadian payments technology company Nuvei on Monday said it has agreed to acquire Payoneer Global Inc. (PAYO) for $7.40 per share in cash, valuing the company at about $2.75 billion. "The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader,"...
Paranovus Entertainment Technology Ltd. (PAVS), on Monday announced that it signed a non-binding letter of intent to acquire equity interests of Jabanero Inc., a consumer brand focused on women's activewear and lifestyle products for about $15 million and $20 million in cash. The proposed deal remains...
Element Fleet Management Corp. (EFN.TO) announced a strategic multi-year partnership with Waymo, a leader in autonomous driving technology, to support the large-scale deployment and operation of autonomous vehicle fleets. The partnership, enabled through Element Mobility, will provide end-to-end fleet...
Monday, Seadrill Limited (SDRL) announced that its subsidiary Seadrill Finance Limited intends to offer for sale of $600 million in aggregate principal amount of senior unsecured notes due 2034. The subsidiary intends to use the proceeds, together with cash on hand, to redeem all of its outstanding...
Medicus Pharma Ltd. (MDCX) on Monday said it has submitted a request to the U.S. Food and Drug Administration for Rare Pediatric Disease Designation for SkinJect, its investigational microneedle patch for the treatment of basal cell carcinoma in patients with Gorlin Syndrome. SkinJect is a dissolvable...
U.S. defense and infrastructure technology contractor Parsons Corp. (PSN) announced on Monday that it has won a $184 million contract to support the U.S. Navy's Intelligence Carry-On Program. The single-award, indefinite-delivery/indefinite-quantity contract covers work on ICOP, a portable ruggedized...
Monday, Fox Corporation (FOX) announced an agreement to acquire Roku, Inc. (ROKU) for $160.00 per share in a cash-and-stock deal, valuing the latter at approximately $22 billion in enterprise value. As per the terms of the deal, FOX will pay $96.00 in cash and 0.9693 shares of FOX Class A common...
Biotechnology company Elicio Therapeutics, Inc. (ELTX) announced Monday that the Phase 2 AMPLIFY-7P study evaluating ELI-002 7P in patients with adjuvant mKRAS-driven pancreatic ductal adenocarcinoma (PDAC) did not meet the pre-specified primary endpoint of disease-free survival (DFS) in the intent-to-treat...
Peabody Energy Corp (BTU) on Monday said it has terminated its 2020 Transaction Support Agreement with surety providers and entered into new indemnification agreements to support its U.S. mine reclamation obligations. The company also established asset-backed surety facilities for its Australian reclamation...
American Express Company (AXP), an American payments and travel company, said on Monday that it has planned to buy TheFork, an online restaurant reservation and management platform, from Tripadvisor, Inc. (TRIP), for $700 million in cash. The proposed transaction is expected to be closed before the...
Alkermes plc (ALKS) announced that alixorexton, an investigational, oral, selective orexin 2 receptor agonist in development for the treatment of narcolepsy type 1, narcolepsy type 2 and idiopathic hypersomnia, was recently granted orphan drug designations from leading regulatory bodies. The FDA has...
Generac Holdings Inc. (GNRC), an energy technology and power products company, on Monday announced the acquisition of a facility in Belvidere, Illinois, to expand its packaging capacity for large-megawatt generators. The financial terms of the transaction were not disclosed. The investment is expected...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.