Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
KKR-backed LEAP India's IPO fully subscribed by midday Tuesday
LEAP India's IPO was fully subscribed by midday Tuesday, with non-institutional investors leading demand. Trading begins August 14th.
Unitree's 8,000x oversubscribed IPO shows China's hunger for humanoid robots
Chinese robot maker Unitree priced its Shanghai IPO at 150.80 yuan per share, raising 6.1 billion yuan ($904 million). Retail demand was eno
RBC lifts Haleon price target to £3.90 after mixed first half
RBC Capital Markets nudged up its Haleon price target to £3.90 after a mixed first half: revenue grew 2.2% but reported operating profit fel
Ennoconn wins German approval to lift Kontron stake to 48.36%
Ennoconn has cleared Germany's foreign investment review for its mandatory cash offer for Kontron. The deal, priced at €23.50 per share, wil
GM to exit Indiana EV battery venture as Samsung SDI takes over
General Motors is reportedly selling its half of a $3.5 billion EV battery joint venture in Indiana to Samsung SDI. The move follows slower-
Samsung SDI may buy GM's stake in Indiana EV battery plant
Samsung SDI may take full control of its $3.5 billion Indiana EV battery venture with GM, according to Bloomberg. The move comes as US incen
Austral Resources to Acquire Hammer Metals in All-Share Deal
Austral Resources Australia has agreed to acquire Hammer Metals in an all-share deal. Hammer shareholders will receive 1.2903 Austral shares
Hanwha offers up to $1.2B for Austal's US shipbuilding arm
South Korea's Hanwha has offered $1.05-1.20 billion for Austal's US shipbuilding arm, the source of most of Austal's profit. The deal would
St George Mining's Brazil Rare Earths Resource Jumps 57% to 111.2M Tonnes
St George Mining has boosted its mineral resource estimate for the Araxá project in Brazil by 57% to 111.2 million tonnes. The update also h
Zijin buys 9.2% stake in Allied Gold via C$417 million placement
Allied Gold raised C$416.64 million from Zijin Gold via a private placement, giving the Chinese miner a 9.2% stake. The funds will support e
M&A Monday: Jazz's $1.32B Actio Deal, Verisk Forced to Close $2.35B AccuLynx
Monday brought a flurry of dealmaking across pharma, energy, and sports. Jazz Pharmaceuticals agreed to pay up to $1.32 billion for Actio, w
Blackstone's Safe Harbor to buy MarineMax for $1.5 billion cash deal
Blackstone's Safe Harbor will acquire MarineMax for $53 per share in cash, valuing the boat retailer at about $1.5 billion including debt. S