Industry

Brown & Brown Acquires Accession Risk Management for $9.83 Billion

Brown & Brown to acquire Accession Risk Management for $9.83 billion, marking a significant consolidation in the insurance industry.

#insurance, #acquisition, #mergers, #business

Brown & Brown to Acquire Accession Risk Management for $9.83 Billion

Brown & Brown announces a $9.83 billion acquisition of Accession Risk Management, marking a key moment in insurance industry consolidation.

#insurance, #mergers, #acquisition, #brownandbrown, #accessionriskmanagement

US Renewable Energy Surpasses 50% of Electricity Generation for First Time

Renewable energy now powers more than half of US electricity, marking a major shift in energy sources.

#renewableenergy, #electricity, #solar, #wind, #usa

Bitfarms Ltd. Completes Acquisition of Stronghold Digital Mining Inc.

Bitfarms Ltd. acquires Stronghold Digital Mining to enhance efficiency in the cryptocurrency mining sector.

#bitfarms, #strongholddigitalmining, #cryptocurrency, #merger, #bitcoinmining

South African Retailer TFG Reports 4.6% Rise in Annual Earnings with Strong UK Sales Boost

TFG's earnings rise 4.6% boosted by UK expansion and online growth via White Stuff acquisition.

#tfg, #fashion, #retail, #southafrica, #uk

Argentina Sees M&A Boom in Energy Sector as Economic Reforms Take Hold

Argentina's energy sector experiences a surge in M&A activity under President Milei's economic reforms aimed at revitalizing the economy.

#argentina, #mergersandacquisitions, #energysector, #economicreforms

General Motors Appoints Barak Turovsky as First Chief AI Officer

GM appoints first Chief AI Officer, Barak Turovsky, to advance AI in EV, ICE, and autonomous vehicle sectors.

#generalmotors, #ai, #automotive, #technology

Global M&A Activity Surges Past $3 Trillion in 2024, Highlighting Shift to High-Value Deals

In 2024, global M&A activity surpassed $3 trillion, driven by major deals in tech, energy, and finance, despite fewer transactions.

#mergers, #acquisitions, #business, #2024, #finance

Nasdaq CEO Highlights Texas's Emergence as a Financial Powerhouse Amid IPO Surge

Nasdaq CEO Adena Friedman discusses robust IPO trends and Texas's rising role in financial markets at a global conference.

#nasdaq, #ipos, #texas, #economy

Bilt Rewards Acquires Banyan to Enhance Personalized Rewards Through Data Innovation

Bilt Rewards acquires Banyan to boost personalized rewards using item-level data, transforming neighborhood commerce.

#biltrewards, #banyan, #acquisition, #commerce, #dataanalytics

J. Safra Sarasin Acquires 70% Stake in Saxo Bank for €1.1 Billion

Major acquisition in financial services as J. Safra Sarasin buys 70% of Saxo Bank, expanding its digital trading platforms.

#banking, #acquisition, #finance, #digitalplatforms

Bilt Rewards Acquires Banyan to Revolutionize Neighborhood Commerce with Item-Level Data

Bilt Rewards acquires Banyan to enhance transaction analysis and offer personalized rewards, transforming neighborhood commerce through item-level data.

#biltrewards, #banyan, #neighborhoodcommerce, #transactiondata, #personalizedrewards

Alphabet to Acquire Wiz for $32 Billion in Largest Deal to Date

Alphabet Inc. announced a $32 billion acquisition of cloud security firm Wiz, enhancing Google Cloud's capabilities against AWS and Microsoft Azure.

#alphabet, #googlecloud, #wiz, #acquisition, #cloudsecurity

U.S. Manufacturing Sector Faces Third Month of Contraction Amid Trade Uncertainties

U.S. manufacturing contracts for third month in May amid trade tensions and supply chain issues, signaling broader economic challenges.

#manufacturing, #trade, #economy, #supplychain, #pmi

Global CEOs Forecast M&A Resurgence in 2025 Under Trump Administration

CEOs worldwide predict a significant increase in M&A activities in 2025, driven by Trump's re-election and anticipated pro-business policies.

#mergers, #acquisitions, #business, #economy, #policy