Finance Updates – Page 48 – Finance Updates

L3Harris Spins Off Missile Business as DoD Pumps $1B Ahead of 2026 IPO

Americas Markets Aerospace Product and Parts Manufacturing

L3Harris will spin off its Missile Solutions ...

The new company will focus on solid rocket mo...

Analysts see the move as a valuation-unlockin...

The deal pioneers a DoD “direct-to-supplier” ...

Saudi Arabia Set to Spin Off Manara Minerals to Boost Global Critical Mining Role

Asia Firms Metal Ore Mining

Saudi Arabia’s PIF plans to spin off Manara M...

Manara, formed in 2023 to invest globally in ...

No timeline is set, but talks include bringin...

The move supports Vision 2030 and Saudi ambit...

How Democrats Can Win Control of the Senate in 2026: Strategy & Forecast

Americas Forecast Public Administration

Democrats need a net gain of four Senate seat...

Democrats must defend 134 seats, including vu...

DSCC strategy centers on strong recruits and ...

Democrats aim to win on health care and cost-...

Why HBO’s “Thrones” Spinoff Risks Losing Fans Without Stronger Storytelling & Smarter Formats

Global FYI Finance and Insurance

USA Today pans HBO’s “A Knight of the Seven K...

The six-episode, ~30-minute format signals a ...

“House of the Dragon” remains large (about 25...

The combination of weaker reviews and shiftin...

Columbus McKinnon Moves Ahead with $2.7B Kito Crosby Deal; Targets $2B+ in FY26 Revenue

Americas M&A Machinery Manufacturing

Columbus McKinnon plans to buy Kito Crosby fr...

To help fund the deal and simplify the portfo...

CMCO forecasts FY2026 pro forma sales of $2.0...

Post-close priorities are debt reduction and ...

Paramount’s $108B Hostile Bid vs Netflix Deal: Risks, Value, and the Push for Transparency

Americas M&A Motion Picture and Video Industries

Paramount Skydance sued Warner Bros. Discover...

Paramount is trying to revive a hostile bid w...

To counter financing doubts, Paramount added ...

WBD’s board continues to back the Netflix tra...

Inside the Allegiant-Sun Country Merger: Strategy, Risks & What’s Next in Low-Cost Travel

Americas M&A Scheduled Air Transportation

Allegiant and Sun Country agreed to a roughly...

The combined company will operate as Allegian...

Management targets about $140M in annual syne...

Both airlines will run separately until regul...

QXO Raises $3B Led by Apollo & Temasek to Fuel $50B Building-Products Growth

Global FYI Finance and Insurance

QXO raised an additional $1.8 billion from Ap...

The funding is Series C convertible perpetual...

Led by CEO Brad Jacobs, QXO is pursuing a con...

The raise bets on strong construction and ren...

Allegiant-Merger Valuing Sun Country at $18.89/share to Reshape U.S. Airline Landscape

Americas M&A Scheduled Air Transportation

Allegiant will acquire Sun Country in a ~$1.5...

Sun Country is valued at $18.89 per share (in...

The combined leisure carrier would serve ~22M...

Minimal route overlap could ease antitrust re...

Allegiant and Sun Country Merger: Value, Strategy, Risks in Low-Cost Airline Deal

Americas M&A Scheduled Air Transportation

Allegiant Travel Company will acquire Sun Cou...

The deal is targeted to close in the second h...

The merged carrier would operate about 195 ai...

Key execution risks include antitrust review,...