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EnCap Flatrock Announces Sale of M6 Midstream to Williams for $5.5 Billion
SAN ANTONIO--(BUSINESS WIRE)--EnCap Flatrock Midstream (“EnCap Flatrock”) today announced the execution of definitive agreements to sell Momentum Midstream (“Momentum,” “M6,” or the “Company”), a leading independent midstream energy company of which EnCap Flatrock is a financial sponsor, to The Williams Companies, Inc. (“Williams”) (NYSE: WMB) for up to $5.5 billion.The transaction is subject to regulatory approval and customary closing conditions. Transaction consideration consists of $3.5 bil...
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Tidewater Reports Results for the Six Months Ended June 30, 2026
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2026 of $342.3 million and $668.5 million, respectively, compared with $341.4 million and $674.9 million for the three and six months ended June 30, 2025. Tidewater's net income for the three and six months ended June 30, 2026, was $21.7 million ($0.43 per common share) and $27.8 million ($0.56 per common share), respectively, compared with net income of $72.9 million ($1.46 p...
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Infraxis, LLC Launches Operations to Deliver Integrated Utility Design and Engineering Solutions
NAMPA, Idaho--(BUSINESS WIRE)--Infraxis, LLC today announced its launch, establishing a utility design and engineering firm focused on helping infrastructure projects move more efficiently from concept to completion. Infraxis delivers utility infrastructure design and engineering solutions that connect design, engineering, permitting, construction support, project management, and closeout into one coordinated delivery process. By aligning technical expertise with practical project execution, th...
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Sanara MedTech Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sanara MedTech Inc. - SMTI
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sanara MedTech Inc. (NasdaqCM: SMTI) to MiMedx Group, Inc. (NasdaqCM: MDXG). Under the terms of the proposed transaction, shareholders of Sanara will receive $33.00 in cash and 0.4735 shares of MiMedx common stock for each share of Sanara that they own. KSF is seeking to determine whether this c...
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Honeywell Technologies Completes Sale of Productivity Solutions and Services Business to Brady Corporation
CHARLOTTE, N.C.--(BUSINESS WIRE)--Honeywell Technologies (NASDAQ: HON) today announced the completion of the sale of its Productivity Solutions and Services (PSS) business to Brady Corporation in an all-cash transaction.“Closing the PSS divestiture is the final step toward completing our transition to a pure-play automation company,” said Vimal Kapur, chairman and CEO of Honeywell Technologies. “As Honeywell Technologies, we are fully focused on the building, industrial and process sectors and t...
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ServiceNow Names Simon Mouyal Chief Marketing Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the AI control tower for business reinvention, today announced that Simon Mouyal has been appointed Chief Marketing Officer, effective immediately. Mouyal brings more than 25 years of enterprise marketing experience across SaaS, cybersecurity and cloud infrastructure, with a track record of building category leadership and connecting product innovation with customer obsession. Most recently serving as the Chief Marketing Officer at A...
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Radian Advances Strategic Transformation to Global Multi-Line Specialty Insurer with Sale of Real Estate Services Business and Agreement to Sell Title Business
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it has completed the sale of its Real Estate Services business to PLACE, a real estate technology and services platform, and has also entered into a definitive agreement to sell its Title business to PLACE. The pending Title sale is subject to satisfaction of customary closing conditions, including obtaining required regulatory approvals, and is expected to be completed in the fourth quarter. Together, the completed...
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Teleflex Completes Strategic Divestiture of OEM Business for $1.5 Billion
WAYNE, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE:TFX), a leading global provider of medical technologies, today announced it has completed the previously disclosed divestiture of its OEM business to Montagu and Kohlberg, for $1.5 billion in cash. The close of the OEM transaction marks a pivotal milestone in Teleflex's transformation strategy, sharpening the Company's focus on the commercial excellence of its continuing businesses. The divestiture strengthens Teleflex's financial flexibi...
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UFP Technologies Announces Record Q2 Results
NEWBURYPORT, Mass.--(BUSINESS WIRE)--UFP Technologies, Inc. (Nasdaq: UFPT), a trusted contract development and manufacturing organization specializing in comprehensive solutions for medical devices, sterile packaging and other highly engineered custom products, today reported net income of $20.9 million for its second quarter ended June 30, 2026, 21.4% higher than net income of $17.2 million for the second quarter of 2025. Net sales for the quarter ended June 30, 2026 were $174.0 million, 15.1%...
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JBT Marel Corporation Reports Second Quarter 2026 Results
CHICAGO--(BUSINESS WIRE)--JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported financial results for the second quarter of 2026. "We are extremely pleased with the continued orders strength, which was led by robust demand in our Prepared Food and Beverage Solutions segment with strong customer investment in downstream, further processing technology," said Brian Deck, Chief...