News

Brera Holdings has declined an all-stock acquisition proposal from Forward Industries. No financial terms of the rejected offer were disclosed in the report. The decision effectively ends, at least for now, Forward Industries' attempt to acquire Brera Holdings through a stock-based transaction.

Accenture has announced a definitive agreement to acquire Whalar, a creator marketing agency, expanding its digital marketing capabilities. Shares of Accenture fell following the announcement. Financial terms of the deal were not disclosed in the headline.

Galmed Pharmaceuticals has announced an agreement to acquire Colospan in a deal valued at $4.5 million. Shares of Galmed are trading lower following the announcement. No additional financial or strategic details were provided in the article.

Genco Shipping & Trading has released a video pushing back against Diana Shipping's acquisition attempt, characterizing the bid as undervalued. The video features commentary from Diana Shipping and Star Bulk regarding the proposed transaction and current market conditions. The move signals Genco's resistance to the deal and is part of an ongoing M&A dispute between the parties.

CORA Group has completed the acquisition of Finastra's U.S. Mid-Market banking business, which includes the Phoenix Core System, Malauzai Digital Banking, and Fusion Analytics product lines. The deal covers core and digital banking software serving U.S. mid-market financial institutions. Joe Gomez has been named President of the acquired business.

Destination XL Group (DXLG) announced its Board of Directors has reevaluated its previously announced merger of equals with FullBeauty Brands (FBB Holdings I, Inc.) and is now in "constructive discussions" to determine the best path forward. The update signals uncertainty around the deal's original terms or timeline without confirming a termination or renegotiation. No financial details or revised terms were disclosed.