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Telenor partners with Verdane to build a global IoT leader

Telenor IoT / Telenor ConnexionBrand visual asset(Fornebu, Norway, 26 May 2026) Telenor has entered into an agreement with Verdane to establish a joint ownership structure over Telenor Connexion. The transaction values the company at SEK 7.5 billion. The partnership is intended to realise value from Telenor Connexion’s strong market position while providing the company with access to long-term growth capital through an efficient ownership structure. Over the past 25 years, Telenor Connexion has built a strong global position in managed IoT services and connectivity solutions for large, global customers. The market is expected to grow at double digit rates towards 2030. Today, the company is a top ten player globally outside China, with 31 million IoT SIM cards in operation and deliveries to more than 200 countries. “We have bold...

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Sword Group: Acquisition in the UK – New Strategic Acquisition in Scotland Complementary « multi-hybrid cloud computing » skills

Sword Group continues to pursue its international development strategy with the acquisition of CirrusHQ, a recognised AWS cloud specialist headquartered in Edinburgh.CirrusHQ, is an established company based in Edinburgh delivering customer cloud strategies as an Amazon Web Services (AWS) Premier Consulting and Solution Provider partner.CirrusHQ, provides cloud infrastructure, transformation strategies, and migration capabilities for enterprise-scale IT estates, ensuring regulatory compliance, high performance, and resilience for a broad range of businesses.CirrusHQ will make a significant contribution to Sword’s multi-cloud and hybrid capabilities across all sectors, with a particular focus on Education and Public Sector.The annual revenue trend of this acqusition comes to £6.0M per year with 12%+ EBIT margin.The organic growth rate for...

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Rexel: Acquisition of Revere Electrical Supply, expanding Rexel’s US footprint

Acquisition of Revere Electrical Supply, expanding Rexel’s US footprintRexel announces it has signed a definitive agreement to acquire Revere Electrical Supply. Headquartered in Mokena, Illinois, Revere is a recognized industrial automation player and authorized reseller of Rockwell automation solutions, known for its technical expertise and end-to-end range of solutions. It benefits from legacy of over 100 years of service and relationships in the Illinois and Wisconsin markets.  The company operates 10 branches and generated turnover of c. $330m in 2025. Revere is Rexel’s 16th acquisition in North America since 2020 and its second biggest. It will be accretive immediately and value-creating in year 3. It significantly expands Rexel’s footprint in the important Midwest market and builds on Rexel’s strong presence in North America in...

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BIGC Acquires Blip and K-POP RADAR, Launching Industry’s First Data-Driven “Enter OS” Powered by 1.3 Billion Fan Data Points

Strategic Acquisition of Blip and K-POP RADAR: Securing Mega-Scale Data Infrastructure and Global Fan Touchpoints Integrating 1.3 Billion Global Fandom Data Points to Build the First All-in-One “Entertainment Operating System (Enter OS)” for IP MonetizationImage Courtesy of BIGC SEOUL, South Korea, May 11, 2026 (GLOBE NEWSWIRE) — BIGC, a global entertainment-tech company (CEO Mihee Kim), announced today the acquisition of the K-pop fandom platform “blip” and the data SaaS service “K-POP RADAR” from Space Oddity. Through this deal, BIGC has secured an overwhelming scale of big data and infrastructure, officially embarking on the development of its “Enter OS” (Entertainment Operating System) to maximize artist IP monetization starting this May. The “Enter OS” proposed by BIGC is an integrated operating system that connects data...

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LIFT Provides Update on Timetable for Combination Transaction With Winsome Resources

VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) — Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) further to its press release dated May 5, 2026, is pleased to provide an update on the anticipated timetable in respect of the proposed combination transaction with Winsome Resources Limited (ASX: WR1; “Winsome”), pursuant to which LIFT will acquire all of the outstanding Winsome shares under a share scheme of arrangement (“Share Scheme”) and all of the outstanding Winsome options under a related option scheme of arrangement (“Option Scheme” and together, the “Schemes”), in exchange for the issue of new LIFT shares and LIFT CDIs, with the LIFT CDIs to be quoted on the Australian Securities Exchange. On May 11, 2026, the Supreme Court of Western Australia (“Court”) made orders approving...

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Columbia Financial, Inc. Announces Commencement of Second-Step Conversion Offering; Receipt of Regulatory Approvals for the Conversion and the Acquisition of Northfield Bancorp, Inc.

FAIR LAWN, N.J., May 11, 2026 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (“Columbia Financial”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the “Bank”), announced today that on or about May 21, 2026 Columbia Financial, Inc., a newly formed Maryland corporation and the proposed successor holding company of the Bank (“Columbia Financial, Inc.”), expects to commence its offering of common stock in connection with the proposed conversion of Columbia Bank MHC (the “MHC”) from the mutual holding company to the stock holding company form of organization. Columbia Financial, Inc., Columbia Financial and the MHC have received all requisite regulatory approvals and authorizations to commence the offering. In addition, Columbia Financial, Inc. and Columbia Bank have received conditional approval of the Board of Governors...

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Safe Bulkers, Inc. Announces Recapitulation Agreements for the Acquisition of Four Newbuild Dry-bulk Vessels

MONACO, May 11, 2026 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine dry bulk transportation services, announced today that it has entered into recapitulation agreements for the acquisition of four Japanese newbuild dry bulk vessels. The three newbuild vessels are 82,000 dwt, Kamsarmax class, with scheduled delivery dates of two in the first half and one in the third quarter of 2029. One newbuild vessel is a 182,000 dwt Capesize class, with scheduled delivery date in the second half of 2029. The acquisitions for the three Kamsarmax class vessels are anticipated to be financed through the Company’s cash reserves, with no external financing having been arranged at this stage. The Capesize class vessel will be acquired through a finance lease under a bare boat charter agreement...

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CN Submits Comments to STB on Completeness of UP-NS Amended Merger Application

MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) filed comments with the Surface Transportation Board (STB) demonstrating that the amended merger application submitted by Union Pacific (UP) and Norfolk Southern (NS) still fails to meet the Board’s requirements and thus remains incomplete. CN is urging the Board to reject the amended application. CN’s filing shows that the amended application continues to omit required information regulators and stakeholders need to meaningfully assess the competitive and operational impacts of this major proposed merger. Of the three independent deficiencies the Board identified in rejecting Applicants’ first application in January 2026, the amended application meaningfully addresses only one — providing the complete Merger Agreement — while failing to remedy the other two. Applicants...

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Vertical Supply Group Acquires Ohio-Based Malta Dynamics, Leaders in Construction Safety

Vertical Supply Group Acquires Ohio-Based Malta DynamicsVertical Supply Group (VSG), a leading B2B and B2C supplier and manufacturer of life safety equipment for arborists, technical rescue, utility workers, military, lifting, and outdoor climbing markets announced it has purchased Malta Dynamics of Malta, Ohio, from Watertown EnterprisesGREENSBORO, N.C., May 11, 2026 (GLOBE NEWSWIRE) — Vertical Supply Group (VSG), a leading B2B and B2C supplier and manufacturer of life safety equipment for arborists, technical rescue, utility workers, military, lifting, and outdoor climbing markets, announced it has purchased Malta Dynamics of Malta, Ohio, from Watertown Enterprises. Terms of the acquisition were not disclosed. Malta Dynamics has 32 employees and was founded in 2015 by Damian Lang, CEO of Watertown Enterprises. Malta Dynamics...

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Fnac Darty: Notice to convertible bond holders in relation to the Public Offer Conversion/Exchange Ratio in effect during the Public Offer Adjustment Period

Paris, 11 May 2026         Notice to holders of the bonds convertible into new shares and/or exchangeable for existing shares (OCEANE) issued on 23 March 2021 (ISIN FR0014002JO2) (the “Bonds”) in relation to the Public Offer Conversion/Exchange Ratio in effect during the Public Offer Adjustment Period Capitalised terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions of the Bonds (the “Conditions”). The holders of the Bonds issued by Fnac Darty, listed on Euronext Access Paris, are hereby notified, in accordance with Conditions 2.6.C and 2.9 that, as a result of (and subject to) the AMF having declared admissible (avis conforme), on 7 May 2026, the voluntary tender offer filed by EP FR HoldCo on the shares and Bonds of Fnac Darty, the Conversion/Exchange Ratio applicable to any Bond...

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