Industry

Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

industry

Nvidia CEO's Strategic Visit to China Amidst Escalating U.S. Export Restrictions

Nvidia CEO visits China, aligns with strategic market amidst U.S. export restrictions on AI chips, highlighting geopolitical challenges.

#nvidia, #china, #aieconomy, #exportrestrictions, #jensenhuang

industry

Regulatory Changes Spark Resurgence in U.S. Bank Mergers and Acquisitions

Easing M&A regulations under Trump administration revitalizes U.S. bank mergers, reshaping the financial sector.

#banks, #regulation, #mergers, #trumpadministration

industry

Brown & Brown Acquires Accession Risk Management for $9.83 Billion, Marking Major Industry Consolidation

Brown & Brown buys Accession for $9.83B, boosting its market position amid insurance industry consolidation.

#insurance, #acquisition, #business, #market, #merger

industry

Wall Street Firms Report 14th Consecutive Quarter of Decline in Investment Banking Revenues

Investment banking contributes less than 25% to Wall Street revenue as trading surges amid macroeconomic challenges.

#investmentbanking, #tradingrevenues, #wallstreet, #usbanks

industry

U.S. Department of Defense Invests $400 Million in Domestic Rare Earth Production

DoD invests $400M in MP Materials to secure domestic rare earth supply, reducing reliance on China, boosting military and tech sectors.

#us, #defense, #rareearths, #mpmaterials, #supplychain

industry

Goldman Sachs Appoints Ben Wallace as Co-Head of Americas M&A Division

Ben Wallace becomes co-head of Goldman Sachs' M&A division for the Americas, emphasizing healthcare sector growth.

#goldmansachs, #mergers, #healthcare, #leadership

industry

Goldman Sachs Appoints Ben Wallace as Co-Head of Americas M&A

Goldman Sachs names Ben Wallace as co-head of Americas M&A, enhancing their strategic focus on healthcare sector.

#goldmansachs, #mergersandacquisitions, #benwallace, #healthcare

industry

Merck Acquires Verona Pharma for $10 Billion to Boost Respiratory Portfolio

Merck acquires UK-based Verona Pharma for $10B, enhancing its respiratory treatments ahead of Keytruda's 2028 patent expiration.

#merck, #veronapharma, #acquisition, #pharmaceuticals, #respiratorydisease

industry

Citigroup Strengthens M&A Leadership with Appointment of Drago Rajkovic

Citigroup appoints Drago Rajkovic as M&A co-head, boosting tech sector strategy.

#citigroup, #mergersandacquisitions, #investmentbanking, #technology

industry

Samsung Expands Into Healthcare with Xealth Acquisition

Samsung acquires digital health platform Xealth, integrating it with its wearable tech to enter healthcare, amid challenges and competitive dynamics.

#samsung, #healthcare, #digitalhealth, #acquisition, #wearabletech

industry

European Corporate Earnings Projected to Decline Amid Rising U.S.-EU Trade Tensions

Europe's Q2 2025 earnings forecast revised down as U.S.-EU trade tensions rise, impacting corporate strategies and economic outlooks.

#europe, #us, #trade, #earnings, #economy

industry

Vista Equity Partners and Blackstone Acquire Assent Inc. for $400 Million

Vista Equity Partners and Blackstone acquire compliance software firm Assent Inc. for $400M, appointing Michael Southworth as CEO to drive growth.

#privateequity, #software, #supplychain, #sustainability

industry

UBS Appoints Taylor Henricks as Head of M&A for the Americas

UBS hires Taylor Henricks, ex-Morgan Stanley, to lead M&A in the Americas, focusing on tech sector growth.

#ubs, #mergersandacquisitions, #investmentbanking, #technology, #americas

industry

E.l.f. Beauty Acquires Hailey Bieber's Rhode in $1 Billion Deal

E.l.f. Beauty buys Hailey Bieber's skincare brand Rhode, marking a $1 billion expansion in prestige skincare market.

#beauty, #business, #celebrity, #acquisition

industry

Octopus Energy Prepares to Demerage Technology Unit Kraken

Kraken Technologies to split from Octopus Energy, valued at $10B, enhancing tech's role in energy sector.

#octopusenergy, #krakentechnologies, #energysector, #demerger, #investment