Tradeweb Agrees to Acquire Trumid for $1.97 Billion to Expand Credit Trading Across the Bond Lifecycle
The deal expands credit trading from issuance to secondary markets and is expected to be accretive.
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DXC Technology in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
Deal not confirmed.
TTM Technologies Expands into Infrared Optics with $650 Million Ophir Acquisition
The all-cash deal adds advanced infrared thermal imaging and laser optics for defense and industry.
Silgan and American Industrial Partners to Acquire Trivium Packaging in $3.4 Billion Deal
Silgan will receive $2.3 billion in cash and retain 60% of the new metal packaging company after acquiring Trivium with AIP.
Cleveland Research Downgrades PayPal to Underperform on Weak Trends
Cleveland Research cut PayPal to Underperform after weak Q3 trends driven by share losses and macro pressure. Turnaround expected to take time.
AST SpaceMobile Partners with Europe’s Biggest Operators on Satellite-to-Phone Service
Deutsche Telekom, Orange, Telefónica and Vodafone signed a letter of intent with AST SpaceMobile to explore a joint bid for satellite spectrum in Europe.