MIDLAND, Texas, July 01, 2026 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that Viper has completed its previously announced acquisition of all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (such acquisition, the “Riverbend Acquisition”) in exchange for $337 million in cash and approximately 3.7 million shares of Viper’s Class A common stock, par value $0.000001 per share, subject to customary post-closing adjustments. The cash portion of the Riverbend Acquisition was funded through a combination of cash on hand and borrowings under the Company’s credit facility. About...

SAN JOSE, Calif., July 01, 2026 (GLOBE NEWSWIRE) — Following its agreement to acquire Palm Mutual Water Company (Palm Mutual) in May 2025 and subsequent approval by the California Public Utilities Commission, California Water Service (Cal Water) has completed the purchase of Palm Mutual’s water system assets and will now begin serving its customers through Cal Water’s Bakersfield District. The Palm Mutual system serves an estimated 250 residents through 63 residential customer connections and is located just two miles from Cal Water’s Northeast Bakersfield Treatment Plant. Cal Water already serves Palm Mutual through a master meter interconnection, since Palm Mutual did not own or operate its own sources of supply. Cal Water plans to upgrade the system’s infrastructure over time to help support long-term water quality and reliability. “We...

The business will operate under the name “Quortex” TORONTO, July 01, 2026 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that, through its subsidiary, it has completed the acquisition of the Video Network Business (“the business”) from Synamedia. The business will operate under the name “Quortex” as a standalone company, consistent with Lumine’s decentralized operating approach. This acquisition marks Lumine Group’s 16th corporate carve-out and deepens Lumine’s presence in the Media supply chain domain, particularly across Video Processing, Broadcast Delivery, and Live Streaming. The transaction was initially announced on June 2, 2026. Forward Looking Statements Certain statements...

TORONTO, July 01, 2026 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold-forever acquirer of communications and media software businesses, today announced the acquisition of Imagine Communications Holdings Inc. (“Imagine Communications”) through one of its subsidiaries. The acquisition deepens Lumine Group’s presence across the Media supply chain domain. Headquartered in the U.S., Imagine Communications is a global provider of Video Connectivity Solutions, Channel Origination software and hardware, and AI-enabled Advertising Management & Monetization solutions. “Imagine Communications is an important addition to Lumine’s growing Media ecosystem,” said Tony Garcia, Chief Operating Officer at Lumine Group. “The business will provide origination to our already extensive...

Kean Jersey CityKean University and New Jersey City University officials completed a historic merger, establishing Kean Jersey City.UNION, N.J., July 01, 2026 (GLOBE NEWSWIRE) — Kean University and New Jersey City University (NJCU) officials today completed a historic merger, establishing Kean Jersey City as the newest campus in the Kean system and expanding access to public higher education in New Jersey and beyond.  Beginning this Fall, Kean is expected to serve nearly 25,000 students worldwide at the flagship campus in Union, Kean Jersey City, Kean Ocean in Toms River, Wenzhou-Kean University in China and online through Kean Global.  “This is a defining moment for Kean University and Jersey City, one that opens new doors for students and strengthens our shared future,” said Kean University President Lamont O. Repollet,...

Regulatory approval marks a key milestone toward building Freedom’s full-service financial platform in TürkiyeISTANBUL, July 01, 2026 (GLOBE NEWSWIRE) — Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), an international diversified financial services group operating in more than 20 countries, today announced that Türkiye’s Banking Regulation and Supervision Agency (BRSA) and Competition Authority of Türkiye has approved its planned acquisition of 99.32% of the share capital of Turkish Bank A.Ş. BRSA approval is an important step toward completing the transaction and supports Freedom Holding Corp.’s strategy to build integrated financial services platforms in selected growth markets. Upon closing, Turkish Bank A.Ş., a Turkish banking institution with a history dating back to 1982, will become...

Cergy, July 1st, 2026 – SPIE, the independent European leader in multi-technical services in the areas of energy infrastructure and communications, announces the acquisition of nimeg ag, a specialised engineering service provider for the life sciences industry. With this acquisition, SPIE is strengthening its position in the growing market for pharmaceutical and biotechnology facilities and expanding its industrial services offering in Switzerland. nimeg ag, headquartered in Baden-Dättwil in the canton of Aargau, specialises in engineering, planning and project management services in GMP environments (Good Manufacturing Practice) for EPCMV projects (Engineering, Procurement, Construction Management and Validation). The company provides its first-class client base in the life sciences industry (pharma, chemicals, biotech, medical technology)...

                                                                             Clermont-Ferrand, July 1st, 2026 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin completes the acquisition of Tex Tech Industries and reinforces its Polymer Composite Solutions businessMichelin completed the acquisition of Tex Tech, under the terms announced on January 2, 2026, and after obtaining all the necessary approvals for the transaction. Tex Tech is a strong strategic fit for the Polymer Composite Solutions business, with the same commitment to innovation and high-quality products. Acquisition financed through available cash, preserving Michelin’s strong financial position. Third major acquisition in the Polymer Composite Solutions completed this year, after Cooley in January and Flexitallic in April.Founded in 1904, in Maine (USA), Tex Tech...

Two strategic transactions expand Velosio’s Azure, business applications and AI capabilities while extending its full Microsoft portfolio to a broader customer base ATLANTA, July 01, 2026 (GLOBE NEWSWIRE) — Velosio, one of the nation’s largest Microsoft partners, today announced two strategic acquisitions: the commercial, non-government assets of Kopis, a Greenville, South Carolina-based custom software development and Azure solutions firm, and Acuitas, a Microsoft Dynamics consultancy with more than 20 years of experience serving the Dynamics community. Together, the transactions represent a significant investment in Velosio’s people, capabilities and customer relationships as the company continues to strengthen its bench as a top-tier Microsoft partner. The acquisitions reflect Velosio’s ongoing commitment...

Surventis launches as an independent global leader in automotive coatings and surface treatmentSurventis, formerly BASF Coatings, today launched as an independent companyMuenster, Germany, July 01, 2026 (GLOBE NEWSWIRE) —Surventis, formerly BASF Coatings, today launched as an independent company, backed by global investment firm Carlyle in partnership with QIA, with BASF holding a 40 percent stake With around €3.9 billion in annual sales, around 10,700 employees and more than 42,000 customers, Surventis ranks among the world’s leading suppliers of coatings and surface treatment solutions Surventis will strategically focus on reliability, quality, service, and performance for its customersSurventis, formerly BASF Coatings, today launched as an independent company, completing its carve-out from BASF. With around...