News

MDA Space has announced a definitive agreement to acquire Blue Canyon Technologies, a small satellite manufacturer currently owned by RTX (Raytheon Technologies), for $620 million. The deal represents a divestiture by RTX of a subsidiary it had previously acquired. The transaction expands MDA Space's capabilities in the small satellite segment.

AbbVie is reportedly nearing a deal to acquire Apogee Therapeutics for approximately $10.9 billion, according to SeekingAlpha. The deal has not been confirmed by either company. If completed, this would represent a significant acquisition for AbbVie in the biopharmaceutical space.

Teamshares Inc. has completed its business combination with Live Oak Acquisition Corp. V (NASDAQ: LOKV), a SPAC, following shareholder approval on June 16, 2026. The transaction makes Teamshares, a tech-enabled acquiror of small and medium-sized enterprises, a publicly listed company. The deal was previously announced and has now been formally closed.

MDA Space has announced a definitive agreement to acquire Blue Canyon Technologies for $620 million. Blue Canyon Technologies is a manufacturer of small satellites and spacecraft components. The deal represents a significant expansion of MDA Space's capabilities in the smallsat market.

Vireo Growth Inc. has completed the acquisition of an equity interest in Maryland dispensaries. The transaction marks a confirmed close of the deal, expanding Vireo's footprint in the Maryland cannabis market. No financial terms were disclosed in the announcement.

HIVE Digital Technologies has secured a $220 million AI infrastructure contract with Bell and Cohere, according to Cointelegraph. The deal is expected to generate approximately $70 million in annual recurring revenue for HIVE as it expands its AI-focused operations.

Independent Bank Corporation (IBCP) has received shareholder approval to acquire HCB Financial Corp. and its subsidiary Highpoint Community Bank. The deal was originally announced via a definitive merger agreement signed on March 18, 2026. IBCP holds approximately $5.5 billion in total assets, while HCB holds approximately $590 million.

Vail Resorts has reportedly hired investment bankers to prepare a defense, according to a report cited by Seeking Alpha, suggesting the company may be facing or anticipating a takeover approach. The news drove a jump in the company's share price. No acquirer or specific details of the defensive measures have been confirmed.

The U.S. and Iran have signed the Islamabad Memorandum of Understanding, outlining a framework for a ceasefire, sanctions relief, and nuclear de-escalation. Key terms include immediate removal of U.S. naval blockades on Iran within 30 days, full termination of U.S. sanctions on a negotiated schedule, Iranian oil export waivers, and Iran's commitment to reduce uranium enrichment under IAEA supervision. A final agreement is targeted within 60 days, with a $300 billion reconstruction and economic development plan for Iran to be developed by the U.S. and regional partners.

Ashland shares are rising after a report that activist investor Cruiser Capital is pushing for a sale of the company. The news suggests Cruiser Capital is applying pressure on Ashland's board to pursue a strategic transaction. No deal has been confirmed, and details of Cruiser Capital's specific demands or timeline remain unclear.

President Trump posted on TruthSocial claiming Iran is not a threat, oil is flowing, and prices are dropping, coinciding with broad market gains (S&P +1.01%, Nasdaq +1.40%) and crude oil falling $2.88 to $73.15, breaking below its 200-day moving average. Trump also referenced an earlier post about a deal involving Apple and Intel, with the U.S. government reportedly purchasing 10% of Intel at $20; Intel shares are up 6.64% on the session. The article recaps macro market conditions alongside a company-specific catalyst for Intel.

EQT has agreed to acquire Intertek in an all-cash deal valued at $12.4 billion. The transaction represents a confirmed M&A event targeting the global testing, inspection, and certification company. No additional terms or closing timeline were disclosed in the headline.

Capital B shareholders have approved up to $120 billion in financing capacity, encompassing both equity and credit instruments, to fund the company's ongoing Bitcoin accumulation strategy. The vote signals strong shareholder backing for an aggressive, large-scale Bitcoin treasury approach. No specific timeline or deployment schedule was disclosed in the announcement.

SRx Health Solutions has closed its acquisition of EMJX and rebranded as SRX Global, pivoting to an AI-driven platform strategy focused on investments in high-conviction operating companies and assets. The company's stock will continue trading on NYSE American under the ticker symbol SRXH. The rebrand and transaction closing were announced simultaneously.

Lennox International has announced plans to acquire Heat Controller, a manufacturer of heating and cooling products. The deal represents an expansion of Lennox's HVAC product portfolio. No financial terms were disclosed in the headline.

Hive Digital Technologies shares surged approximately 10% after the company announced a $220 million deal to provide AI infrastructure for a Canadian sovereign initiative. The contract represents a significant customer win for Hive in the AI infrastructure space. No additional financial terms or timeline details were disclosed in the headline.

L'Oréal has agreed to acquire a majority stake in Innovist, an Indian beauty and personal care company. The deal expands L'Oréal's footprint in the fast-growing Indian consumer market. Financial terms of the transaction were not disclosed in the article.

Brookfield Business Partners has agreed to sell its global construction business to Japan-based Obayashi Corporation for $650 million. The deal represents a divestiture of a construction unit from Brookfield's portfolio. No additional terms or closing timeline were disclosed in the report.

Deluxe Corporation has agreed to acquire Celero Commerce for $625 million, expanding its digital payments capabilities. The deal represents a significant strategic move for Deluxe as it shifts further into fintech and payment processing. No financing details or closing timeline were provided in the headline.

Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. have announced a definitive merger agreement. The combined entity is expected to create a scaled Business Development Company (BDC) with a focus on maintaining credit quality and portfolio yield. No financial terms of the deal were disclosed in the announcement.

Deluxe (DLX) has entered into a definitive agreement to acquire Celero Commerce, a fintech company focused on payment solutions for small to mid-sized businesses, for $625 million plus certain transaction expenses and adjustments. Celero is described as an integrated payment processing partner. The deal is intended to accelerate Deluxe's transformation toward payments and data solutions scale.

Kraken Robotics has received all regulatory and stock exchange approvals required to complete its previously announced acquisition of Covelya Group Limited. The deal was originally announced on March 3, 2026, and the regulatory clearance clears the final hurdle for closing. No financial terms or closing timeline were disclosed in this announcement.

TTM Technologies announced plans to acquire Swiss Technology Group AG and ILFA GmbH in separate all-cash transactions. The deals expand TTM's European footprint in the printed circuit board market. Financial terms and closing timelines were not detailed in the headline.

Biogen has announced an agreement to acquire RayThera in a deal valued at up to $1 billion. The transaction expands Biogen's pipeline through an M&A move into RayThera's assets. No further financial terms or closing timeline were disclosed in the report.

Biogen has announced an agreement to acquire RayThera Inc., a move that adds multiple immunology assets to its pipeline. The lead asset from RayThera is positioned to enter Phase 1 clinical development. Financial terms of the deal were not disclosed in the announcement.

TTM Technologies announced it will acquire two privately-held European companies: Swiss Technology Group AG and ILFA GmbH. The deal expands TTM's footprint into Europe. No financial terms were disclosed in the announcement.

Paramount's proposed $110 billion acquisition of Warner Bros. has reportedly received regulatory approval from Chinese authorities, according to SeekingAlpha. China's sign-off is a significant milestone in the merger clearance process, as it is one of the major jurisdictions required for deal completion. The report does not confirm full global regulatory clearance or a closing date.

Rumble has closed its acquisition of Northern Data, completing the deal. No financial terms or additional details were provided in the announcement. This confirms the transaction is finalized rather than still pending.

Rayonier Advanced Materials (RYAM) is seeing share price gains after a holder publicly pushed for a sale of the company. The activist or significant shareholder pressure adds a potential M&A catalyst to the stock. No deal has been confirmed or formally announced at this stage.

The US has released the formal text of a signed Memorandum of Understanding with Iran, covering an immediate ceasefire, restoration of Persian Gulf shipping lanes within 30 days, and a framework for sanctions relief including oil and petrochemical export waivers. The MOU is non-binding until a final agreement is reached, with both sides committing to negotiate a final deal within 60 days; Iran agrees to maintain the status quo on its nuclear program and reiterates it will not produce nuclear weapons. A critical follow-up meeting is scheduled this weekend in Switzerland to advance sequencing details.

Papa John's shares are rising following a report that potential financing for a takeover of the company is being explored. The article does not confirm a deal, suggesting this remains at the rumor or early-stage report level. No acquirer or deal terms are specified in the available text.

UniQure announced it will seek FDA approval for its Huntington's disease gene therapy, following a prior public dispute with the agency over the clinical trial data supporting its application. The move comes months after the company and FDA leaders clashed over the adequacy of the trial data. No timeline for the formal submission was specified in the article.

A buyer group has filed with European merger regulators regarding a potential acquisition of Electronic Arts, according to a SeekingAlpha report. The filing signals the deal is progressing through the regulatory approval process in Europe. EA shares edged higher on the news.

BitGo announced a $50 million share buyback program, sending its stock higher after shares had fallen approximately 65% below its IPO price. The buyback signals management confidence in the company's valuation at current depressed levels. No additional financial details or timeline for the repurchase program were provided in the article.

AstroNova has agreed to be acquired by Arcline Investment Management in an all-cash deal valued at $272 million. The transaction represents a confirmed M&A event with full cash consideration for shareholders. No additional deal terms or closing timeline were provided in the article.

Bed Bath & Beyond has signed a definitive agreement to acquire Fathom for $53.38 million. The deal represents a confirmed M&A transaction for the retailer. No additional terms or strategic rationale were disclosed in the report.

Diana Shipping has raised its takeover offer for Genco Shipping to $27.34 per share, triggering a surge in Genco's stock price. The revised bid represents an increase from Diana's prior offer and signals continued pursuit of the acquisition. The deal remains subject to confirmation of final terms and regulatory review.

Diana Shipping Inc. has raised its acquisition offer for Genco Shipping & Trading to $27.34 per share, comprising $24.80 in cash and one Diana share (valued at $2.54 based on Diana's 30-day VWAP ending June 16, 2026). The revised bid represents an increased offer from Diana's prior proposal. The deal structure is a cash-and-stock combination targeting full acquisition of Genco.

Guardian Metal has announced the acquisition of Lincoln Estates along with associated water rights in Nevada. The deal adds strategic land and water assets to the company's portfolio in the region. No financial terms were disclosed in the headline.

Bayer has completed the acquisition of Perfuse Therapeutics, Inc., fully integrating the private company. Through the deal, Bayer gains full rights to PER-001, a first-in-class intravitreal implant and sustained-release endothelin receptor antagonist currently in Phase II trials for Glaucoma and Diabetic Retinopathy.

Kosmos Energy has completed the sale of its Equatorial Guinea production assets to Panoro Energy. The transaction is described as enhancing Kosmos's portfolio, improving capital allocation, lowering costs, and boosting liquidity. No financial terms were disclosed in the announcement.

China's vice premier announced a CNY 300 billion special bond issuance to recapitalise financial institutions, targeting smaller regional lenders with heavy exposure to local government financing vehicles. Beijing simultaneously pledged to vigorously advance local government debt resolution, pairing the capital injection with a coordinated effort to break the feedback loop between local government default risk and bank balance sheet stress. Additional measures include further opening of the financial sector, establishing an offshore financial market system in Shanghai, and accelerating marine insurance development.

Assertio Holdings (ASRT) has completed its previously announced merger with Zydus Lifesciences Ltd., as per the Merger Agreement dated May 13, 2026. The completion of the merger constitutes a Fundamental Change and Make-Whole Fundamental Change under the terms of Assertio's outstanding 6.50% Convertible Senior Notes due 2027, triggering specific rights for noteholders. No further financial terms of the completed transaction were disclosed in this announcement.

Live Oak V shareholders have voted to approve the business combination with Teamshares, a SPAC merger transaction. The deal is expected to close within the coming week. No financial terms were disclosed in the announcement.

Coinbase announced the launch of an AI financial advisor, stock options trading, and pre-IPO markets, marking a significant expansion beyond its core cryptocurrency exchange business. These new offerings position Coinbase as a broader financial services platform competing with traditional brokerages. No financial terms or launch timeline details were provided in the report.

Ripple has made a strategic investment in Flutterwave, one of Africa's largest fintech companies, to expand its presence in the African remittance market. The deal will integrate Ripple's RLUSD stablecoin, Ripple Payments, and the XRP Ledger into Flutterwave's platform. The partnership targets the high-volume cross-border payments corridor across Africa using blockchain infrastructure.

Diversified Royalty Corp. has completed its acquisition of the franchisor business of Mr. Lube + Tires. The deal adds Mr. Lube + Tires to Diversified Royalty's portfolio of royalty-generating franchise brands. No financial terms were disclosed in the headline announcement.

Agnico Eagle Mines has completed its acquisition of all outstanding common shares of Rupert Resources that it did not already own, under a plan of arrangement governed by the Business Corporations Act (British Columbia). The transaction has closed as of June 16, 2026. No financial terms were disclosed in this announcement.

Inveniam Capital Partners announced plans to acquire MANTRA and its affiliated entities, with the deal expected to close by June 30, 2026. The transaction follows a $20 million strategic investment Inveniam made in MANTRA in August 2025 and builds on their joint launch of the NVNM Chain, a Layer 2 blockchain on MANTRA Chain, on May 13. The combined entity aims to merge tokenized asset infrastructure with AI-ready private market data for institutional finance.

Mobileye Global announced plans to launch its own robotaxi service in the U.S. by 2027, moving beyond its role as a self-driving technology supplier. The company has not disclosed specific markets, partners, or fleet details for the planned service.