American Superconductor Corp. (NASDAQ: AMSC) saw its stock rise 22.65% in after-hours trading Wednesday, closing at $33.86. This followed a regular session decline of nearly 8%, with the stock ending at $27.61. The Massachusetts-based energy technology company reported third-quarter fiscal 2025 revenue of $74.5 million, up from $61.4 million in …
Morgenthaler Private Equity (MPE Partners) has finalized the sale of 80/20, a company specializing in modular framing solutions, to Littlejohn & Co. The transaction was supported by legal counsel from BakerHostetler. Details regarding the financial terms of the deal were not disclosed. **Why this matters** This acquisition allows Littlejohn & …
Unilever has reached agreements to divest its home care businesses in Colombia and Ecuador to Alicorp. The deal includes the transfer of Unilever’s product lines and operations related to home care in these two countries. Legal advisory for Unilever was provided by Baker McKenzie and CorralRosales. The transaction is part …
The Marzetti Company (Nasdaq: MZTI) has entered into a definitive agreement to purchase Bachan’s, Inc. for $400 million. The acquisition is expected to expand Marzetti’s product offerings and market presence. Legal advisory for Bachan’s was provided by Wachtell, Lipton, Rosen & Katz. The transaction is subject to customary closing conditions …
Baker McKenzie has provided legal counsel to Brookfield in its recent acquisition of Unity Living assets. This transaction marks the creation of a new residential platform in the Nordic market through a joint venture between Brookfield and The MESH Group. The partnership aims to expand their presence in the region’s …
GENUI and other minority shareholders have completed the sale of VALEARA Group to Luxembourg-based investment firm Luxempart S.A. The transaction includes GENUI’s reinvestment in the company, maintaining a stake in VALEARA. Legal advisory for GENUI and the minority shareholders was provided by Paul Hastings (Europe) LLP. **Why this matters** The …
Federal, a prominent café group, has obtained a new private equity investment from Foresight Group. The transaction was supported by legal advice from Hill Dickinson. The investment aims to support Federal’s growth and expansion plans. Details of the deal have not been publicly disclosed. **Why this matters** Private equity investments …
Barnes & Thornburg has added corporate partners Katie Mills and Ryan Mitchell to its team, following the recent addition of Neil Begley in New York. These new hires strengthen the firm’s capabilities in financial regulatory and transactional matters across multiple key markets. Mills and Mitchell bring extensive experience in corporate …
Honigman LLP has expanded its Israel office to a total of 13 professionals with the addition of partners Arik Hirschfeld and Daniel (Doni) Kessler. Both will focus on U.S. investment funds and real estate partnerships, strengthening the firm’s cross-border capabilities. Hirschfeld and Kessler bring extensive experience in U.S.-Israel transactions, supporting …
Despite a general slowdown in the cryptocurrency market that has seen Bitcoin approach the $70,000 mark, XRP has maintained stronger engagement and positive sentiment across social media platforms. Data from analytics firm Santiment indicates that investor interest and discussions around XRP have surpassed those of Bitcoin and Ethereum recently. This …