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Prologis Announces Acquisition of SEGRO plc to Expand European Platform

Prologis Announces Acquisition of SEGRO plc to Expand European Platform

Prologis Announces Acquisition of SEGRO plc to Expand European Platform
Reuters Reuters
UK's Segro agrees $19 billion Prologis takeover after investor pressure

UK's Segro agrees $19 billion Prologis takeover after investor pressure

Aug 4 (Reuters) - British warehouse landlord Segro has accepted a takeover offer by rival U.S. logistics firm Prologis in a deal worth up to £14.3 billion ($19.19 billion), the companies said on Tuesday, following pressure from investors.
TheStreet TheStreet
92-year-old freight company turns rival bankruptcy into profit

92-year-old freight company turns rival bankruptcy into profit

In business, losing a bidding war is usually bad news. Old Dominion Freight Line (ODFL) lost one in 2023, and that defeat quietly became one of the smartest financial decisions in the company’s history. The rival on the other side of that story was Yellow Corp, a nearly 100-year-old carrier that ...
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Yellow.ai to Go Public Through $550 Million Merger with Bluerock Acquisition Corp

Yellow.ai to Go Public Through $550 Million Merger with Bluerock Acquisition Corp

Yellow.ai to Go Public Through $550 Million Merger with Bluerock Acquisition Corp
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CEVA Logistics Expands European Last-Mile Network with Paack Acquisition

CEVA Logistics Expands European Last-Mile Network with Paack Acquisition

CEVA Logistics Expands European Last-Mile Network with Paack Acquisition
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Integer Holdings to be Acquired by KKR in $5.7 Billion Deal

Integer Holdings to be Acquired by KKR in $5.7 Billion Deal

Integer Holdings to be Acquired by KKR in $5.7 Billion Deal
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Integer Holdings Acquired by KKR in $5.7 Billion Deal, Stock Surges

Integer Holdings Acquired by KKR in $5.7 Billion Deal, Stock Surges

Integer Holdings Acquired by KKR in $5.7 Billion Deal, Stock Surges
Reuters Reuters
Prysmian strikes $3.8 billion deal to buy Atkore in US electrical push

Prysmian strikes $3.8 billion deal to buy Atkore in US electrical push

By Valentina Za and Claudia Cristoferi MILAN, Aug 3 (Reuters) - Italy's Prysmian, the world's largest cablemaker, has agreed to acquire U.S. electrical products maker Atkore in a $3.8 billion deal as it bets on electrification and AI-driven infrastructure demand.
Reuters Reuters
Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Aug 4 (Reuters) - Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from local and international customers despite macroeconomic uncertainty and an outbreak of cyclosporiasis in the U.S.
Reuters Reuters
AstraZeneca investors baulk at $400 billion Bristol Myers talks

AstraZeneca investors baulk at $400 billion Bristol Myers talks

By Maggie Fick LONDON, Aug 3 (Reuters) - AstraZeneca's shares fell sharply on Monday as investors baulked at reports of merger talks with Bristol Myers Squibb about forming what would become one of the world's biggest drugmakers with a combined value of nearly $400 billion.
Rapid Read Rapid Read
Middle East Aims to Turn Supply Chain Volatility into Regional Advantage

Middle East Aims to Turn Supply Chain Volatility into Regional Advantage

The Middle East is strategically positioned to enhance its role as a resilient trade hub amidst global supply chain disruptions. The region's significant capital, expanding transport infrastructure, and energy resources offer opportunities for deeper regional integration. The focus is on creating a more connected and diversified trade base to absorb shocks and provide businesses with reliable operations. The region's strategic location at the intersection of Asia, Europe, and Africa positions it well to manage uncertainty and access multiple markets.
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InfraRed Capital Partners Acquires Majority Stake in Rail Modal Group to Enhance Growth

InfraRed Capital Partners Acquires Majority Stake in Rail Modal Group to Enhance Growth

InfraRed Capital Partners Acquires Majority Stake in Rail Modal Group to Enhance Growth