Lastest from Businesswire
Klarna Agrees to $1.7 Billion Transaction Supporting up to $40B+ of Lending
STOCKHOLM, Sweden--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, has entered into a new capital efficiency transaction in the form of a Significant Risk Transfer (SRT), covering $1.7 billion-worth of Euro denominated loans and freeing up capital to support continued growth. Klarna has entered into a three-year agreement with a consortium led by Värde Partners. This is Klarna's sixth SRT transaction and improves how effectively Klarna deploys its capital on a g
Blue Vault Launches New Research Portal for Alternative Investments
CUMMING, Ga.--(BUSINESS WIRE)-- #AdvisorTech--Blue Vault, a leading aggregator of alternative investment performance data and analysis, today announced the launch of its new research portal, delivering a streamlined, data-rich way for investment advisors, financial services enterprises, and asset managers to evaluate and compare investment opportunities in private credit, real estate, and equity. Blue Vault researches publicly registered nontraded REITs, nontraded BDCs, interval funds, and tender offer funds,
NIQ Launches Ask Arthur Chat to Expand Access to Consumer Insights Through AI
CHICAGO--(BUSINESS WIRE)--As demand grows for faster, more accessible insights across the retail and consumer goods industries, NielsenIQ (NIQ), a global leader in consumer intelligence, today announced the launch of Ask Arthur Chat, an AI-powered conversational interface designed to expand how clients access and use insights derived from NIQ data. Ask Arthur Chat represents a strategic step in NIQ’s continued investment in AI-driven innovation, enabling broader access to its data and creating
Gen Xers Approaching Retirement More Anxious Than Boomers
NEW YORK--(BUSINESS WIRE)--As the first wave of Gen X approaches retirement, many consumers are confronting a difficult transition: after decades focused on growing assets, they now must convert those savings into reliable income, often without the pension safety nets previous generations often relied on. Global Atlantic’s 2026 Retirement Outlook Survey of consumers and financial professionals finds that retirement anxiety extends beyond market swings. Rising health care costs ranked as the top
SRM Invests in Category Leadership with Appointment of Jody Guetter as Firm's Chief Marketing Officer
MEMPHIS, Tenn.--(BUSINESS WIRE)--SRM announces the appointment of Jody Guetter as Chief Marketing Officer.
Acrisure Completes Acquisition of Vave MGA from Canopius
LONDON & NEW YORK--(BUSINESS WIRE)--Acrisure, a global fintech leader, today announces it has completed the acquisition of Vave, a technology-driven property MGA, from Canopius Group. Vave is now part of Acrisure Underwriting, a platform of 12 MGAs operating in the U.S. insurance markets. Vave continues to operate under its brand name through the leadership of its founding management team, led by Marek Shafer. Canopius Group continues to be one of Vave’s capacity providers under a multi-year ag
FirstSun Capital Bancorp and First Foundation Inc. Complete Merger
DENVER--(BUSINESS WIRE)--FirstSun Capital Bancorp (“FirstSun”) (NASDAQ: FSUN), the holding company for Dallas-based Sunflower Bank, N.A. (“Sunflower Bank”), today announced that it has completed its merger with First Foundation Inc. (“First Foundation”), a bank holding company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, in an all-stock transaction. Also on April 1, 2026, First Foundation Bank merged with and into Sunflower Bank, with Sunflo
Moniepoint Inc. Enters Kenyan Market With Acquisition of Sumac Microfinance Bank
LONDON--(BUSINESS WIRE)--Moniepoint Inc. ("Moniepoint"), Africa's leading financial platform, today announces the completion of its acquisition of Sumac Microfinance Bank Limited ("Sumac"). The transaction, approved by the Central Bank of Kenya and Competition Authority of Kenya, marks Moniepoint’s first major acquisition on the continent and its formal entry into the East African market. Moniepoint now holds a 78% majority stake in Sumac. The move allows Moniepoint to deploy its comprehensive
Securus Technologies Transforms Correctional Infrastructure into a Talent Pipeline to Address National Labor Shortages
PLANO, Texas--(BUSINESS WIRE)--As the United States faces a projected shortfall of more than five million skilled workers by 2032, correctional systems are emerging as an untapped engine for workforce development. Yet persistent digital access gaps and limited pathways to education and employment continue to restrict economic mobility for incarcerated individuals from Day One. Securus Technologies, an industry leader in corrections technology, is addressing this challenge by reimagining correct
Brightstar Capital Partners Names Eric Epstein Partner and Co-Chair
NEW YORK & WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Brightstar Capital Partners (“Brightstar”), a middle-market private equity firm focused on control-oriented investments in business services, industrials, technology, media & telecom, and financial services companies, today announced that Eric Epstein will join the firm as Partner and Co-Chair, effective May 1, 2026. Mr. Epstein brings more than three decades of experience in capital formation, investor relations, and investment firm leader
Wallbox Agrees on the Terms to Implement a Comprehensive Restructuring Plan
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox N.V. (NYSE: WBX) (“Wallbox” or the “Company” and together with its consolidated subsidiaries, the “Group”), a global provider of electric vehicle charging and energy management solutions, has agreed on the final terms to implement a comprehensive restructuring plan, subject to signing of the relevant documentation, court approval and customary conditions. This agreement builds on the preliminary agreement announced on December 1, 2025, and March 4, 202
Vallant Financial Completes Merger to Create Leading Georgia Community Bank
ELBERTON, Ga. & DUBLIN, Ga.--(BUSINESS WIRE)--Vallant Financial, Inc. (OTCQX: VLNT) (“Vallant” or the “Company”) today announced it has completed the merger between Vallant and Morris State Bancshares, Inc. (“Morris”). Vallant was previously known as Pinnacle Financial Corporation and changed its name in anticipation of the merger. On the same date, Pinnacle Bank, subsidiary bank of Vallant, and Morris Bank, subsidiary bank of Morris, completed their merger and changed the legal name of the com
Monroe Capital Supports Altamont Capital Partners’ Investment in Key Container
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the investment in Key Container Corporation (“Key Container”) by private equity sponsor Altamont Capital Partners. Founded in 1959 and headquartered in Pawtucket, RI, Key Container provides specialty and custom corrugated packaging products and services to customers across the Northeast. Altamont Capital Partners’ invest
QXO Completes Acquisition of Kodiak Building Partners
GREENWICH, Conn. and ENGLEWOOD, Colo.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced it has completed its acquisition of Kodiak Building Partners (“Kodiak”) from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. Brad Jacobs, Chairman and Chief Executive Officer of QXO, said, “By acquiring Kodiak, we’re providing our customers with a wider range of product offerings and value-added services. In addition, we expec
Centessa Pharmaceuticals Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centessa Pharmaceuticals plc - CNTA
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centessa Pharmaceuticals plc (NasdaqGS: CNTA) to Eli Lilly and Company (NYSE: LLY). Under the terms of the proposed transaction, shareholders of Centessa will receive $38.00 in cash per share plus one non-transferrable contingent value right entitling the holder to receive up to an aggregate of
Apellis Pharmaceuticals Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apellis Pharmaceuticals, Inc. - APLS
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apellis Pharmaceuticals, Inc. (NasdaqGS: APLS) to Biogen Inc. (NasdaqGS: BIIB). Under the terms of the proposed transaction, shareholders of Apellis will receive $41.00 per share in cash and a nontransferable contingent value right for the right to receive two payments of $2.00 per share each, contin
McCormick & Co Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of McCormick & Company, Incorporated - MKC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of McCormick & Company, Incorporated (NYSE: MKC) and Unilever PLC’s (NYSE: UL) Foods business (excluding India and other excluded businesses). Under the terms of the merger agreement, upon closing of the proposed transaction, McCormick shareholders will own 35.0% of the combined company. KSF is seeking to d
Global Beauty Market Grows 10% as AI and E-commerce Reshape Consumer Buying
CHICAGO--(BUSINESS WIRE)--NielsenIQ (NYSE:NIQ), a global leader in consumer intelligence, today released its State of Beauty 2026 report, showing the global beauty market grew 10% year-on-year, with E-commerce expanding six times faster than in-store sales. The findings highlight a rapid shift to digital-first, AI-influenced commerce across key global markets. As consumer expectations evolve toward convenience, personalization, and seamless digital experiences, beauty brands are under increasin
Churchill Capital Corp IX Announces Filing of Post-Effective Amendment and Date of Extraordinary General Meeting
SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Churchill Capital Corp IX (“Churchill IX”) (NASDAQ: CCIX), a publicly traded special purpose acquisition company, today announced that it has filed a post-effective amendment to its Registration Statement on Form S-4 and rescheduled its extraordinary general meeting of shareholders to vote upon the proposed business combination between Churchill IX and Plus Automation, Inc. (“PlusAI”), a leader in AI software for autonomous trucks, from April 15,
INVESTOR ALERT: Securities Class Action Filed Against Aldeyra Therapeutics – Investors Encouraged to Contact Kirby McInerney LLP
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Aldeyra Therapeutics (“Aldeyra” or the “Company”) (NASDAQ:ALDX) securities during the period of November 3, 2023 through March 16, 2026, inclusive (“the Class Period”). If you suffered a loss on your Aldeyra investments, you have until May 29, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitte

