On March 16, Public Storage (PSA) announced an agreement to acquire National Storage Affiliates (NSA) in an all-stock transaction. The deal is valued at approximately $10.5 billion. NSA's portfolio includes over 1,000 properties and 69 million rentable square feet.
Worthington Steel has successfully reached a major milestone in its bid to acquire Kloeckner & Co by exceeding the minimum acceptance threshold for its tender offer. This development marks a significant step forward in the strategic acquisition process, ensuring the deal moves into its next phase. Following the…
Read the full storyService Properties Trust (SVC) has finalized the pricing of its previously announced public offering, setting a price of $1.20 per share for 416.7 million common shares. The company expects to raise approximately $500 million to strategically manage its debt obligations and strengthen its financial position.…
Abacus Global Management (ABX) has reported record-breaking operational metrics for the full fiscal year 2025, highlighting significant growth in the life settlements market. The company set an all-time high in policy originations by purchasing 1,310 life insurance policies throughout the year. To support this…
Apollo-managed funds have reached a definitive agreement to acquire Japan's Nippon Sheet Glass (NSG) in a transaction valued at approximately $3.7 billion (590 billion yen). This deal is increasingly characterized as a 'rescue' of the glass manufacturer, which has been grappling with significant financial distress.…
South Plains Financial, Inc. (SPFI) and BOH Holdings, Inc. have announced the receipt of all necessary regulatory and shareholder approvals required to complete their merger. The final hurdle was cleared on March 20, 2026, when BOH Holdings shareholders officially voted in favor of the transaction. Under the terms of…
VICI Properties Inc. has significantly increased its financial commitment to the One Beverly Hills development project through a new financing agreement. The company provided a $1.5 billion mezzanine loan to facilitate construction for the high-profile real estate venture, representing a $1.05 billion incremental…