Pulse 2.0

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline

Aon Acquiring USI Insurance Services For $17 Billion

Herbalife CEO Stephan Gratziani To Step Down As CFO John DeSimone Becomes Interim CEO

Weil Adds Jonathan Stott From Dechert And Michael Hanna To Expand Bay Area Private Equity Team

LDR Partners Names Paul B. Murphy Jr. Partner After Building Banks To More Than $18 Billion In Assets

Foley Adds Dustin Greene From Kilpatrick Townsend To Expand Raleigh Commercial Litigation Practice

By Amit Chowdhry ● Yesterday at 11:08 PM

Foley & Lardner has added Dustin Greene as a Partner in its Commercial Litigation Practice Group in Raleigh, strengthening the firm's North Carolina litigation capabilities as it continues investing in the regional market.

Innoviz Technologies Names Former Rafael CEO Yoav Har-Even Chairperson As Defense And Security Expansion Accelerates

By Amit Chowdhry ● Yesterday at 11:07 PM

Innoviz Technologies has appointed Yoav Har-Even as Chairperson of its Board of Directors as the LiDAR technology company expands beyond automotive applications into defense, homeland security, industrial and smart infrastructure markets.

Choice Hotels Names Dominic Dragisich President And CEO After Nearly 10 Years With Company

By Amit Chowdhry ● Yesterday at 11:06 PM

Choice Hotels International has appointed Dominic Dragisich as President and Chief Executive Officer and elected him to the company's Board of Directors, completing a leadership transition that began when he was named Interim CEO in May 2026. The appointment is effective August 31, 2026.

Centene Appoints Bradley Bolivar As Chief Information Officer From Fannie Mae

By Amit Chowdhry ● Yesterday at 11:02 PM

Centene Corporation has announced the appointment of Bradley Bolivar as Chief Information Officer, effective August 31. Bolivar succeeds Brian LeClaire, who will retire by the end of October 2026, as planned.

Trump Venezuela Oil Deal Covers 65 Billion Barrels, But Analysts Say Gas Price Relief Could Take Years

By Amit Chowdhry ● Yesterday at 5:45 PM

President Donald Trump's newly announced oil agreement with Venezuela gives the U.S. majority control over more than 65 billion barrels of the country's proven reserves, but energy analysts say the transaction is unlikely to materially lower gasoline prices in the near term, according to a CNBC report. Trump has said the agreement will substantially lower gasoline prices for Americans over the longer term.

Polymarket Reportedly Raises $1 Billion At $21 Billion Valuation In 1789 Capital-Led Round

By Amit Chowdhry ● Yesterday at 5:43 PM

Polymarket is raising $1 billion in a new funding round led by 1789 Capital that values the prediction-market platform at $21 billion on a post-money basis, according to a Bloomberg report.

Oppenheimer Adds Joel Berry II To $6 Billion Robinson Private Client Group To Expand Athlete And NIL Advisory

By Amit Chowdhry ● Yesterday at 4:37 PM

Oppenheimer & Co. has added former University of North Carolina basketball standout Joel Berry II as a Financial Advisor with the Robinson Private Client Group in Winston-Salem, North Carolina, expanding the team's focus on athletes and participants navigating the evolving Name, Image, and Likeness landscape.

Sowell Management Launches Advanced Planning Group As Advisor Network Reaches $6.9 Billion In Client Assets

By Amit Chowdhry ● Yesterday at 4:35 PM

Sowell Management has launched its Advanced Planning Group, a new integrated estate, tax and advanced planning resource designed to help financial advisors serve high-net-worth families, wealthy individuals and small business owners with increasingly complex financial needs.

PennantPark Resets $316.7 Million Securitization, Cutting Weighted Average Cost To SOFR + 1.82%

By Amit Chowdhry ● Yesterday at 4:34 PM

PennantPark Floating Rate Capital announced that its unconsolidated joint venture, PennantPark Senior Secured Loan Fund I, has completed the reset of a $316.7 million debt securitization, substantially reducing its borrowing costs while extending the financing's maturity.

ePointZero To Acquire 90% Of 752 MW Azura Power As African Development Pipeline Tops 1.5 GW

By Amit Chowdhry ● Yesterday at 4:31 PM

ePointZero has agreed to acquire a 90% stake in Azura Power Holdings, marking the Abu Dhabi-based energy infrastructure platform's entry into African power generation through an operating portfolio spanning Nigeria, Senegal and Mozambique.

Kennedy Wilson And Shimizu Launch $139 Million 382-Unit Sandy Springs Multifamily Development

By Amit Chowdhry ● Yesterday at 4:30 PM

Kennedy Wilson and Shimizu Corporation have partnered to develop Caldwell, a $139 million, 382-unit luxury multifamily community in Sandy Springs, Georgia, marking Kennedy Wilson's first ground-up multifamily development in the state and its first partnership with Shimizu. Kennedy Wilson acquired the 6.9-acre development site in late 2025.

Morgan Stanley Real Estate Investing Acquires 300-Unit Florida Senior Housing Portfolio

By Amit Chowdhry ● Yesterday at 4:30 PM

Morgan Stanley Real Estate Investing has acquired a two-property Class A senior housing portfolio in the Orlando and Tampa metropolitan areas, expanding a national senior living investment strategy launched in 2022.

Corvex Secures $33 Million PIPE As AI Data Center Capacity Targets 5x Expansion To 8 MW

By Amit Chowdhry ● Yesterday at 4:29 PM

Corvex has announced a major expansion of its AI infrastructure footprint alongside a $33 million private placement, with critical IT power capacity expected to increase more than fivefold from approximately 1.5 MW to about 8 MW by the end of 2026.

Mkango Acquires Remloy For €8 Million As Rare Earth Magnet Recycling Capacity Targets 500 Tonnes Annually

By Amit Chowdhry ● Yesterday at 4:28 PM

Mkango Resources has completed its acquisition of German rare earth magnet recycling company Remloy from Heraeus Amloy Technologies for €8 million, or approximately $9.3 million. Mkango paid €5 million, or about $5.8 million, at closing.

HubX Raises $50 Million From Point72 At $1.2 Billion Pre-Money Valuation With Option For Another $25 Million

By Amit Chowdhry ● Yesterday at 4:27 PM

HubX has raised $50 million from Point72 Private Investments in its first external financing, with Point72 receiving an option to invest another $25 million as the profitable consumer technology company expands its AI-powered product portfolio and acquisition strategy.

Summit Midstream Approves $100 Million Double E Expansion As Contracted Capacity Reaches 2.2 Bcf/D

By Amit Chowdhry ● Yesterday at 4:26 PM

Summit Midstream has reached a final investment decision on the Double E Pipeline mainline compression expansion after securing new long-term transportation commitments, advancing a project expected to significantly increase the Permian segment's capacity and earnings.

Gilat Raises $100 Million Through 3.75% Convertible Notes At 60% Conversion Premium

By Amit Chowdhry ● Yesterday at 4:26 PM

Gilat Satellite Networks has secured commitments from Israeli institutional investors for approximately $100 million of five-year convertible senior unsecured notes, providing additional capital for satellite, space, mobility and defense technology investments.

JetZero Secures $100 Million Pinegrove And Silicon Valley Bank Facility To Advance Z4 Aircraft

By Amit Chowdhry ● Yesterday at 4:25 PM

JetZero has closed a senior secured term loan facility of up to $100 million led by Pinegrove Credit Partners and Silicon Valley Bank to accelerate development and U.S. manufacturing of its Z4 all-wing commercial aircraft.

Copenhagen Infrastructure Partners Acquires 408 MW Gawara Baya Wind Project With AUD 1.7 Billion Financing

By Amit Chowdhry ● Yesterday at 4:25 PM

Copenhagen Infrastructure Partners, through its Copenhagen Infrastructure V flagship fund, has acquired the Gawara Baya hybrid renewable energy project in North Queensland from Windlab and reached financial close with an AUD 1.7 billion financing package.

Samsung Biologics Launches CHF 1.46 Billion PolyPeptide Tender Offer At 40% Premium

By Amit Chowdhry ● Yesterday at 4:24 PM

Samsung Biologics has published the prospectus for its public tender offer for all publicly held shares of PolyPeptide Group, advancing a transaction carrying an implied aggregate equity value of approximately CHF 1.46 billion.

SLB To Acquire Kelvion For $3.4 Billion As Data Center Revenue Target Reaches $5 Billion

By Amit Chowdhry ● Yesterday at 4:24 PM

SLB has agreed to acquire thermal management company Kelvion for approximately $3.4 billion in cash and assume approximately $700 million of debt, significantly expanding its exposure to AI data center infrastructure.

Paramount Extends WBD Debt Offers Covering $14.5+ Billion To September 11 Ahead Of Acquisition

By Amit Chowdhry ● Yesterday at 4:19 PM

Paramount Skydance has extended the expiration deadline for its tender and exchange offers involving debt issued by Warner Bros. Discovery subsidiaries to September 11, 2026, as it continues to prepare the financing structure for its proposed acquisition of WBD.

Easy Aerial Raises $20 Million Series B To Expand Autonomous Drone Production And Global Defense Programs

By Amit Chowdhry ● Yesterday at 4:18 PM

Easy Aerial has completed a $20 million Series B funding round to expand manufacturing capacity, international operations and development of its autonomous tethered aerial intelligence and defense systems. The financing included participation from Insight Partners, Entrée Capital and private U.S. investors.

YZi Labs Invests In De¹ As Financial World Model Connects 1,000+ Liquidity Sources Across 40+ Blockchains

By Amit Chowdhry ● Yesterday at 4:15 PM

YZi Labs has invested in De¹, backing the development of a Financial World Model designed to learn directly from live financial market activity and support increasingly autonomous AI agents operating across onchain markets.

Athena Agentic Acquires Omni Cyber Solutions Agentic Platform In Second Deal In Under 60 Days

By Amit Chowdhry ● Yesterday at 4:14 PM

Athena Agentic has acquired the Omni Cyber Solutions Agentic Platform, adding artificial intelligence-powered cybersecurity technology and intellectual property to its Unified Cyber Operations Platform.

FCP Invests $22 Million In 305-Unit Falls Church Multifamily Development Near Metro Station

By Amit Chowdhry ● Yesterday at 4:13 PM

FCP has made a $22 million preferred equity investment to support the development of a 305-unit apartment community adjacent to the West Falls Church Metro Station in Falls Church, Virginia.

Rimini Street Deploys $30.9 Million Year-To-Date Across Debt Reduction And Share Repurchases

By Amit Chowdhry ● Yesterday at 4:12 PM

Rimini Street has deployed $30.9 million during fiscal 2026 toward debt reduction and share repurchases as the enterprise software support company continues strengthening its balance sheet while returning capital to shareholders.

Tri-County Bancorp Completes Mayville Financial Merger, Creating $734 Million-Asset Michigan Community Bank

By Amit Chowdhry ● Yesterday at 4:11 PM

Tri-County Bancorp has completed its merger with Mayville Financial Corporation, combining two longstanding Michigan community banking organizations into a company with approximately $734 million in total assets.

Phoenix Tower International Secures $6.5 Billion Financing Across 23 Jurisdictions To Fund Growth And Acquisitions

By Amit Chowdhry ● Yesterday at 4:09 PM

Phoenix Tower International has signed a $6.5 billion multi-jurisdiction financing designed to refinance existing debt and provide substantial additional capacity for capital expenditures, acquisitions, and working capital as the wireless infrastructure company expands globally.

ONEOK To Acquire Brazos Midstream Assets For $4.425 Billion As Apollo Invests $9 Billion

By Amit Chowdhry ● Yesterday at 4:08 PM

ONEOK has agreed to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash, while Apollo will make a separate $9 billion nonvoting minority equity investment designed to fund the acquisition and accelerate ONEOK's deleveraging.