Day: October 2, 2025

EMERYVILLE, Calif. and UTRECHT, The Netherlands and PHILADELPHIA, Oct. 02, 2025 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (“XOMA Royalty”) (NASDAQ: XOMA) and LAVA Therapeutics N.V. (“LAVA”) (Nasdaq: LVTX) today announced the extension of the expiration of the tender offer to purchase all outstanding shares of common shares of LAVA, for (i) a cash amount to be determined in accordance with the Purchase Agreement, plus (ii) a non-transferable contingent value right (“CVR”) per share representing the right to receive 75% of the net proceeds related to LAVA’s two partnered assets and 75% of any net proceeds from any out license or sale of LAVA’s unpartnered programs (the “Offer”). The Offer, which was previously scheduled to expire one minute after 11:59 p.m. Eastern Time on October 3, 2025, has been extended until one minute after...

WEST HARTFORD, Conn., Oct. 02, 2025 (GLOBE NEWSWIRE) — Legrand®, a global leader in electrical and digital building infrastructures, has signed a definitive agreement to acquire Cleveland, Ohio-based Avtron Power Solutions, a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets where reliable delivery of power is required. Avtron employs 600 people, operates five manufacturing sites across North America and Europe, and is expected to generate nearly $350 million in revenue in 2025, with high profitability. With a commitment to innovation and quality, Avtron delivers dependable solutions for data centers, healthcare facilities, renewable energy applications and industrial manufacturing sites to ensure that critical power is available when it’s needed by customers worldwide....

RALEIGH, N.C., Oct. 02, 2025 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (Martin Marietta or the Company), today announced that it has received all necessary regulatory approvals for its previously announced asset exchange with Quikrete Holdings, Inc. (Quikrete). The transaction is now expected to close in the fourth quarter of 2025, subject to customary closing conditions. Under the terms of the agreement, Martin Marietta will acquire aggregates operations with annual production of approximately 20 million tons across Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million in cash. In exchange, Quikrete will receive the Company’s Midlothian cement plant, associated cement terminals, and ready-mixed concrete assets in North Texas. About Martin Marietta Martin Marietta, a member of...

Continued acquisitions in fast growing regions has led to position as the 75th largest manufactured housing community owner in the United States CHARLOTTE, N.C., Oct. 02, 2025 (GLOBE NEWSWIRE) — FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce that it now ranks as the 75th largest manufactured housing community owner in the United States according to the Mobile Home Park Home Owners Allegiance. What began in 2022 with the acquisition of a handful of mobile home communities has, with the hard work of the FG Communities team, grown into a company with over 2,500 homesites either owned or pending acquisition with communities located in North Carolina, South Carolina, and Virginia. Recent acquisitions include manufactured...

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) — Algae-C Inc. (“Algae-C”) today announced that it has been acquired by Rockcliffe Labs Inc. (“Rockcliffe Labs”), a Canadian biotechnology venture creation platform. Under the terms of the transaction, all issued and outstanding securities of Algae-C have been exchanged for shares of Rockcliffe Labs. Algae-C is now a subsidiary of Rockcliffe Labs, with former Algae-C shareholders holding a continuing ownership position in the combined enterprise. Transaction OverviewGovernance: Algae-C’s operations and management will be integrated into Rockcliffe Labs’ governance and reporting framework. Structure: Rockcliffe Labs acquired control of Algae-C through the purchase of a majority block of securities Consideration: The acquisition was settled in cash, with financial terms undisclosed Ownership:...