Poseidon To Acquire Atlas Corp. For $15.50/shr In Cash

U.K.-based asset manager Atlas (ATCO) and Poseidon Acquisition Corp., an entity formed by certain affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd. and certain of their respective affiliates on Tuesday said Poseidon would acquire Atlas in an […]

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Syros Pharmaceuticals To Acquire TYME Technologies

Syros Pharmaceuticals (SYRS) and TYME Technologies, Inc. (TYME) announced that the companies have entered into a definitive merger agreement pursuant to which Syros will acquire TYME, including its pipeline assets and net cash at closing which after accounting for wind-down and transaction expenses is currently estimated to be approximately $60 million. The combined company will […]

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Senior PLC To Acquire Spencer Aerospace In A $60 Mln Deal

U.K.-based Senior plc (SNR), engaged in the business of aerospace and defense components worldwide, on Thursday announced the signing of a definitive agreement to acquire substantially all of the assets of California-based Spencer Aerospace Manufacturing, LLC, a unit of Pivotal Manufacturing Group, LLC. Senior has agreed to pay 48 million pounds ($60 million) for Spencer […]

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Do not get carried away by alternative investment products

Expressive investments should be made from savings after setting aside capital for your life goals If watches are meant for only time management, then why do some individuals own a Patek Philippe? Similarly, if cars are meant for only transportation, then why desire a Bugatti Chiron? Clearly, our desire to own products goes beyond the […]

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HUL Q3 net rises 17% to ₹2,243 cr.

High inflation, raw material prices may pressure margins in near term, says CMD Hindustan Unilever Ltd. (HUL), India’s largest consumer goods maker, reported standalone third-quarter net profit grew 17% to ₹2,243 crore aided by strong all-round performance but warned that high raw material costs and inflation could hit margins in the near term. EBITDA margin […]

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