Spirit AeroSystems Signs Divestiture Agreement with Airbus

WICHITA, Kan., April 28, 2025 /PRNewswire/ — Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close concurrently with Spirit’s previously… Continue reading Spirit AeroSystems Signs Divestiture Agreement with Airbus

Trump Is Learning a Hard Lesson About China

Three weeks out from “liberation day” — when Donald Trump announced severe tariffs on US allies and adversaries alike — the president is reeling from a hard lesson about the global economy in 2025: that China, not the United States, is holding the leash on international trade. After a series of confusing financial escalations and… Continue reading Trump Is Learning a Hard Lesson About China

UPMC Children’s Hospital Foundation Announces New Trustees

PITTSBURGH, April 25, 2025 /PRNewswire/ — UPMC Children’s Hospital Foundation Board of Trustees is pleased to announce the appointment of three new Trustees —John (Jake) Ploeger, Michael D. Thomas, and Meron Yemane. The group joins the Board during a pivotal moment as the Foundation nears the final year of its most ambitious fundraising campaign in… Continue reading UPMC Children’s Hospital Foundation Announces New Trustees

TransMedics to Report First Quarter 2025 Financial Results on May 8, 2025

ANDOVER, Mass., April 24, 2025 /PRNewswire/ — TransMedics Group, Inc. (“TransMedics”) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart and liver failure, today announced that it will release financial results for the first quarter 2025 after market close on Thursday, May 8, 2025. The TransMedics… Continue reading TransMedics to Report First Quarter 2025 Financial Results on May 8, 2025

‘Who Is Doge?’ Has Become a Metaphysical Question

On March 20, Stephen Ehikian, acting administrator of the General Services Administration, was asked a seemingly simple question during an all-hands meeting with staff: Who from the GSA worked for Elon Musk’s so-called Department of Government Efficiency? To Ehikian, the answer was far from straightforward. “D-O-G-E?” he asked, according to a video obtained by WIRED… Continue reading ‘Who Is Doge?’ Has Become a Metaphysical Question

SBI AMC, Birla AMC and Invesco MF Likely to Join Ather IPO as Anchor Investors

Electric two-wheeler maker Ather Energy’s IPO is set to get off to a strong start with SBI Asset Management Company (AMC) slated to be the chief anchor investor, according to sources in the know. Other prominent domestic investors joining as anchor investors include Birla AMC and Invesco Mutual Fund. The IPO is scheduled to open… Continue reading SBI AMC, Birla AMC and Invesco MF Likely to Join Ather IPO as Anchor Investors

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

TORONTO, ON and GATINEAU, QC, April 22, 2025 /PRNewswire/ – Converge Technology Solutions Corp. (“Converge”) (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the previously announced acquisition of all of its issued and outstanding common shares by an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $69 billion… Continue reading H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

TORONTO, ON and GATINEAU, QC, April 22, 2025 /PRNewswire/ — Converge Technology Solutions Corp. (“Converge”) (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the previously announced acquisition of all of its issued and outstanding common shares by an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $69 billion… Continue reading H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

SAN FRANCISCO, April 22, 2025 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $69 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Converge Technology Solutions Corp. (“Converge”) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF). In connection with the closing, Converge will merge with… Continue reading H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

Stagwell (STGW) Announces May Investor Conference Schedule

NEW YORK, April 22, 2025 /PRNewswire/ — Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in four upcoming investor conferences in May 2025.    May 13: Needham Technology, Media & Consumer 1×1 Conference Stagwell management will participate in 1×1 meetings throughout the day in New York.   May 14: J.P. Morgan… Continue reading Stagwell (STGW) Announces May Investor Conference Schedule