Latest news with #businessDeal
CNA
07-07-2025
- Business
- CNA
CoreWeave to buy crypto miner Core Scientific in $9 billion deal
AI data center firm CoreWeave said on Monday it would buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion. The offer represents a $20.40 per share value and implies a premium of nearly 66 per cent to Core Scientific stock's close before potential deal talks were first reported. The deal is expected to close in the fourth quarter, and the final price will be determined at that time, the companies said.
Wall Street Journal
19-06-2025
- Business
- Wall Street Journal
QXO Proposes $5 Billion Acquisition of GMS
QXO Inc. QXO 11.66%increase; green up pointing triangle proposed to acquire interior-construction-products distributor GMS Inc. GMS 10.61%increase; green up pointing triangle for $95.20 a share. Roofing-products distributor QXO said Wednesday the proposal implies a total value of $5 billion and is a 27% premium over GMS's 60-day volume-weighted average price.
CBC
16-05-2025
- Business
- CBC
Canadian Tire to buy Hudson's Bay's iconic stripes, logos
Canadian Tire is buying Hudson's Bay's iconic stripes, coat of arms, various company names, logos and related intellectual property in a $30-million deal, as Hudson's Bay liquidates its stores and winds down operations.
