article thumbnail

Noble Corporation To Acquire Diamond Offshore Drilling In $15.52/Share Deal; Enhances Dividend Payouts By 25%

Benzinga

NYSE: DO ) shares are trading higher after the company disclosed that it signed a definitive agreement to be acquired by Noble Corporation plc (NYSE: NE ) in a stock-plus-cash transaction. Dividend Boost : Additionally, Noble’s Board of Directors has approved a 25% increase in its quarterly dividend to $0.50

article thumbnail

Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Brian DeChesare

Infrastructure Investment Banking Definition: In infrastructure investment banking, bankers advise companies in the data center, renewables, transportation, utilities, and energy storage/transportation markets on equity and debt issuances, asset deals, and mergers and acquisitions. The difference in Midstream, at least in the U.S.,

Banking 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SEC Finalizes New Clawback Rules

Harvard Corporate Governance

16 definition) who received incentive-based compensation during the three fiscal years preceding the date of the restatement. stock splits, stock dividends, etc.). Recap of the Final Rules. The key provisions of the final clawback rules include the following: Covered Group. Applicable to current and former executive officers (Sec.

article thumbnail

Greenlight To Acquire Cannabis Dispensary And Cultivation Facility, Issues Q3 Dividends

Benzinga

Greenlight has executed definitive agreements to acquire an operating adult-use dispensary in Las Vegas, Nevada, and a cultivation facility in Buckhannon, West Virginia. Greenlight has also issued a third seven-figure dividend to its shareholders, following the first-ever issuance of a dividend by an MSO in April of this year.

article thumbnail

Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

The Variables The variables that I report industry-average statistics for reflect my interests, and they range the spectrum, with risk, profitability, leverage, and dividend metrics thrown into the mix. Dividends and Potential Dividends (FCFE) 1. Dividend yield & payout 3. Beta & Risk 1. Return on Equity 1.

article thumbnail

Progress Software's Big Bet: Acquires ShareFile For $875M While Hitting Pause On Dividends

Benzinga

The company entered a definitive deal to acquire ShareFile for $875 million, in a combination of cash and an existing revolving credit facility. Progress Software Corporation (NASDAQ: PRGS ) shares are trading lower on Monday.

article thumbnail

European Banks Pursue Mergers To Gain Competitive Edge

Global Finance

Strong balance sheets that easily meet regulatory requirements allow room for M&As, even after the distribution of increasingly generous dividends and buyback programs. Ultimately the key issue is valuation.

Banking 71