AstraZeneca has denied ongoing takeover talks with US rival Bristol Myers Squibb, a move that follows a significant share price drop and subsequent recovery. The situation highlights questions about AstraZeneca's long-term M&A strategy under CEO Sir Pascal Soriot.
LIV Golf secured a lead investor and announced plans for players to become majority equity holders, aiming to ensure the league's future following the planned withdrawal of funding from Saudi Arabia's PIF.
Hong Kong's securities regulator warned against highly concentrated shareholdings in small- and mid-cap stocks, cautioning that limited ownership can drive sharp price swings.
A consortium led by Saudi Arabia's Public Investment Fund has completed a $55 billion acquisition of Electronic Arts, financed alongside Silver Lake and Affinity Partners. EA stock has ceased trading and will be delisted from Nasdaq.
Sphere 3D, a Bitcoin miner, filed an amended at-the-market stock sale allowing up to $10.3M for working capital, adding up to 4.38M shares (50.9% increase) at $2.35 price, while retaining a policy to sell mined Bitcoin for liquidity.
Interactive Strength paid a preferred share dividend of 619,584 shares on July 28, preserving cash and creating a $1.239 million liquidation preference. This follows the 2025 liquidation of its FET token crypto treasury, which fully satisfied original FET-backed notes, amidst warnings of substantial doubt about its ability to continue as a going concern.
Six Bitwise option-income ETFs (ICOI, IMRA, IMST, IGME, ICRC, IETH) ceased trading on July 31, with shareholders holding shares as of August 3 facing automatic cash redemption at the fund's net asset value. The Bitwise Funds Trust board voted on June 30 to liquidate the funds, with final NAV calculation expected August 7 and proceeds around August 10.
Enlivex, a Nasdaq-listed biotech company, is asking shareholders to approve up to $800 million in financing tied to the RAIN crypto token, which could dilute existing shares by up to 951%. The funds are primarily for crypto treasury purposes, with only a small portion earmarked for its Allocetra product.
Lloyds Banking Group plans to cut £2bn in costs and invest £13bn by 2030, leveraging AI and new technology to drive growth, improve efficiency, and expand internationally. CEO Charlie Nunn detailed the four-year strategy, which includes AI-powered advice and faster mortgage approvals.
SOS Limited shareholders approved expanding the authorized share pool 100-fold, from 70 million to 7 billion, to enable future financing. This follows the crypto-linked company's $97.3M net loss in 2025 and low cash reserves, despite holding $79.1M in Bitcoin and Ethereum.
Hyperscale Data's market cap ($56.4M) is below its disclosed Bitcoin holdings value ($71.7M), leaving uncertainty over the gap's allocation to common shareholders amidst liabilities, potential ATM stock issuance, and unresolved subsidiary asset treatment.
Novo Nordisk faces a lawsuit from shareholders alleging misleading statements about its obesity drug CagriSema's clinical trial, leading to a significant market value drop. A federal judge has allowed parts of the lawsuit to proceed.
Strategy revamped its Bitcoin valuation metrics, introducing 'net' measures to clarify common shareholder value by excluding debt and preferred stock. Executive chairman Michael Saylor called it a 'new financial language.' MSTR stock is under pressure ahead of Q2 earnings on July 30, even as new metrics show improved parity.
Peter Barber, co-founder of Australian video tech firm Blackmagic Design, is suing the company and co-founders Grant Petty and Douglas Clarke in Federal Court, alleging he's been denied dividends, information, and the ability to sell his $98M stake due to hostility.
UK warehouse landlord Segro's board has unanimously agreed to recommend a £14bn takeover offer from US rival Prologis, a U-turn after rejecting previous bids. The decision follows pressure from major investor Norges Bank and comes amid a rush of overseas bids for British companies.
FTSE 100 warehouse landlord Segro capitulated to a £14bn takeover offer from US giant Prologis, despite CEO David Sleath's fight for independence. The deal, valued at £10.32 a share, is seen as a blow to the London stock market's diversity and a sign of its vulnerability to overseas firms.
UK government contractor Mitie has agreed to a £3.1bn cash takeover by private-equity owned rival OCS Group, ending its nearly four decades on the London stock market. The deal, recommended by Mitie's board, offers a 46.8% premium to shareholders.
Brewdog co-founder James Watt is facing complaints to the UK's Information Commissioner's Office (ICO) after reportedly contacting former shareholders, raising GDPR concerns. This follows his bid to buy back the craft brewer months after its takeover by US firm Tilray.
Hyperliquid Strategies' plan to build a treasury of HYPE tokens faces challenges due to market liquidity. Initial filings reveal significant token value loss and potential need to sell HYPE during capital raises, impacting accumulation goals. A proposed Grayscale ETF also highlights risks associated with HYPE's validator coordination and market stress.
easyJet's board is now "minded to recommend" a £5.7bn all-cash offer from Apollo, valuing the airline at £7.15p per share. This follows a previous agreement in principle with Castlelake for a £5.5bn deal, which was later deemed undervalued.
EasyJet's board is criticized for accepting a £5.5bn takeover offer from Castlelake at 690p per share, seen as an undervaluation despite the premium. Analysts argue the airline has strong assets and a clear path to higher profitability, suggesting the board gave up too easily.
EasyJet's board is criticized for accepting a £5.5bn takeover bid from Castlelake at 690p per share, seen as a sign of timidity. Despite recent challenges, the airline has a clear path to increased profitability and strong assets, suggesting a higher valuation is achievable.
Marks & Spencer is investing in refrigeration equipment capable of handling temperatures up to 45C due to the climate crisis. CEO Stuart Machin cited recent extreme heat challenges and the need to adapt to a hotter UK, alongside investments in security and fashion ranges.
US private equity firm Castlelake has agreed to a £5.5bn takeover of easyJet, offering £6.90 per share. The deal, which follows four previous rejections, is seen by analysts as a sign of UK firms being undervalued and bought cheaply by foreign buyers.
