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Endeavor Group Stock Surges as Silver Lake Bid Looms: What’s Next?

  • Byfinplate.co
  • Published On29 February 2024
Endeavor Group (NYSE:EDR) shares rose 3.2% despite Silver Lake's delay in bidding, as the private equity firm intends to acquire the remaining shares after taking the company private and selling parts, with the update boosting shares by nearly 5% earlier.
  • In The Spotlight

Samsonite’s Soaring Stock Sparks Acquisition Buzz: Is a Takeover Looming?

  • Byfinplate.co
  • Published On27 February 2024
Samsonite International SA surged 14% in Hong Kong trading amid reports of takeover interest, prompting the luggage maker to explore options including going private, potentially relisting in the U.S., though no certainty exists regarding a transaction.
  • In The Spotlight

Sandvik Boosts Manufacturing Portfolio with Cimquest Acquisition: Mastering CAM Solutions

  • Byfinplate.co
  • Published On27 February 2024
Sandvik acquires Cimquest, a leading U.S.-based reseller of CAM solutions, to integrate into its Mastercam unit, expecting minimal impact on EBITA margin and positive earnings per share.
  • In The Spotlight

Broadcom’s $4 Billion Software Business Sale to KKR: A Strategic Move Shaping the Future of Tech

  • Byfinplate.co
  • Published On26 February 2024
Broadcom (NASDAQ: AVGO) is reportedly nearing a $4 billion sale of its software business to private equity firm KKR & Co. (NYSE: KKR), with the deal potentially being announced soon, following Broadcom's purchase of VMware and plans to divest certain business units.
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