Steward Health Care, Medical Properties Trust's largest tenant, initiates hospital sale amidst bankruptcy, with MPW offering $75M financing, stock surges 4.4%.

John Wood Group's stock surged 21.2% in London trading after rejecting a £1.42B takeover offer from Sidara, citing undervaluation, marking a second recent rejection following a 35% premium cash bid by Apollo Global Management last year.

BHP's plan to divest South African assets of Anglo American is central to its acquisition strategy, aiming to increase free float in Kumba Iron Ore and Amplats, trigger index-linked buying, and meet regulatory goals, potentially justifying a 30%-45% control premium.

Allete (NYSE: ALE) rises 1.1% pre-market after a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners agrees to acquire the energy company for $67/share in cash, totaling $6.2B, with a commitment to retain local management and operations.