
Corxel signs Amanat SPAC deal: why the $377 million funding figure is conditional
The proposed obesity-business listing includes a $300 million private financing commitment. Redemptions, closing conditions and the scope of the assets still matter.
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The proposed obesity-business listing includes a $300 million private financing commitment. Redemptions, closing conditions and the scope of the assets still matter.

Ovintiv would pay C$1.40 per Logan share and assumes expected net debt in the roughly $890 million value. Logan holders would also receive Logan Oil shares and warrants, while votes and approvals remain outstanding.

Range holders would receive 0.987 EQT shares apiece and own about 27% of the combined company. The companies target a first-quarter 2027 close, but the transaction remains conditional.

The proposed sale would move an airline-operations platform used by more than 90 carriers to SITA. The companies expect to close in the first half of 2027, subject to customary conditions and regulatory approvals.

The Brazilian bank plans to acquire all shares of its long-time AI partner. Part of the price is due at closing, with the balance deferred over five years, subject to regulatory approvals.

The October 26 update raises the adjusted pretax profit floor from £380m. Its order book shows committed future deliveries, rather than revenue already recognized.

The carrier added 406,000 postpaid phone customers, raised its 2026 outlook and disclosed a multiyear AI infrastructure agreement with Amazon Web Services worth more than $2 billion.

The company has launched about $35 billion of common and convertible-preferred offerings. A separate, up-to-$60 billion Class C at-the-market program is only contemplated for after the shares begin trading.

The electric-scooter maker reported ₹1.26 crore of quarterly profit, a 4.9% EBITDA margin and plans to add 225,000 units of annual production capacity.

The mobile-money group reported 34.0% revenue growth in dollars and 25.1% at constant currency, while its EBITDA margin fell to 48.0% from 50.8%.

The chipmaker says it is reviewing several return measures and will disclose additional steps with third-quarter results after a board decision. It has not confirmed the reported special-dividend amount, funding or payment terms.

The lender lowered expected asset-under-management growth to 15–17% from 18% and warned that credit costs may stay elevated for one or two quarters.

The company kept its 20–22% margin outlook and reported strong AI and large-deal figures, but a weaker growth range and North America pressure drove a sharp early reaction.

Pricing lifted organic sales and adjusted EBITDA edged higher, but Russia and Pakistan exit charges, weaker cash generation and a still-pending Axalta merger shape the fuller picture.

The data-centre operator says the next power increase at M3 is now expected in 2028, lowering revenue, EBITDA and capital-spending guidance while it reviews future expansion.

The materials trader is due to begin Frankfurt trading on October 28. Existing Thyssenkrupp shareholders receive 49%, while the parent keeps 51% and strategic control.

The carrier added a record 769,000 internet connections and raised adjusted-EPS guidance to about $2.40, while bundle discounts pushed average fiber revenue per user down 4%.

Group sales reached €605.5 million and beat company-compiled expectations, but the namesake label fell 1% while Stone Island grew 5%.

Revenue reached a quarterly record of $11.4 billion and adjusted EPS rose to $2.36, but the company expects profit in the middle to lower half of its guidance range as energy, logistics and Zyn investment costs build.

Revenue reached $1.7 billion, market-data revenue hit a record $243 million and adjusted earnings came in at $3.02 per share.

The signed agreement combines $2.3 billion at closing with up to $100 million in contingent rights, while shareholder and regulatory approvals are still required.

Third-quarter operating revenue reached $50.4 billion and the benefit expense ratio improved to 90.6%, prompting Elevance to lift adjusted EPS guidance to at least $29 while membership continued to decline.

The healthcare group expects to separate its roughly $8.5 billion-a-year Nutrition business by the end of 2027, while lowering its 2026 comparable sales-growth view to about 6% and retaining the midpoint of adjusted EPS guidance.

Adjusted earnings rose to $1.24 a share, while 3.7 GW of new renewable and storage projects expanded the development backlog. The company kept its 2026 outlook unchanged.