QXO to Acquire Beacon Roofing in a Monumental $11 Billion Deal
QXO has entered into a definitive merger agreement to acquire Beacon Roofing Supply, Inc. for $124.35 per share in cash, valuing the company at approximately $11 billion. The deal,...
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Indian Overseas Bank Initiates QIP to Secure Rs 2,000 Crore, Aiming to Reduce Government's Stake
Indian Overseas Bank (IOB) launches a QIP to raise Rs 2,000 crore, aiming to reduce the government's stake and comply with SEBI's MPS mandate. Additionally, the bank plans to issue...
India Ensures Fiscal Stability for Oil Companies with New Law, No Windfall Tax Imposed
India's new Oilfields Bill ensures fiscal stability for oil and gas companies, eliminating new taxes like windfall profits tax to attract investment. The reform aims to boost domes...
QXO Announces $11 Billion Acquisition of Beacon Roofing Supply, Inc.
QXO has entered into a definitive merger agreement to acquire Beacon Roofing Supply, Inc. for $124.35 per share in cash, valuing the company at approximately $11 billion. The deal ...
Apple TV+ Struggles: $1 Billion Annual Losses Revealed Amidst Growth
Apple TV+ is reportedly incurring $1 billion in annual losses despite a $5 billion investment in content and a growing subscriber base. Budget cuts and a $6.99 monthly fee highligh...
Adani Group Nears $1.5 Billion Deal to Acquire Emaar India: A Strategic Expansion
The Adani Group is in advanced talks to acquire Emaar India for $1.5 billion, marking a significant expansion into the real estate sector. Emaar India boasts a diverse portfolio ac...
CG Power and Industrial Solutions Ventures into the Air Coolers Market with Innovative JetChill Technology
CG Power and Industrial Solutions, a Murugappa group company, has entered the air coolers market with its new range featuring JetChill Technology, aiming for faster cooling and enh...
Tesla's Cybertruck to Feature Groundbreaking Battery Technology This Year
Tesla is introducing a new battery innovation for Cybertrucks that uses dry cathodes to significantly reduce manufacturing costs and eliminate hazardous processes. This could save ...
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