Regal Partners Ltd has offered a non-binding buyout proposal to acquire Australia’s Pacific Current Group at A$573.5 million ($388.1 million), providing shareholders with A$7.50 in cash per share and 2.2 shares of GQG Partners, which Regal manages.
PacWest Bancorp’s shares surge as Banc of California agrees to purchase the lender for $1.1 billion in an all-stock deal.
Thales, a French defense electronics provider, expands its cybersecurity presence with the acquisition of Imperva, aiming to strengthen its position in the global cybersecurity market.
First Citizens BancShares has acquired Silicon Valley Bank after it was seized by federal regulators.
