Kohli Lifts Agilitas Stake to 6.4% as One8 Merges In
Virat Kohli's sportswear brand One8 has been merged into Agilitas Sports after tribunal approval. The cricketer's holding in Agilitas rises from 1.4% to 6.4%.
Corporate Strategy
Intel Drops 28.6%, Its Worst Day Since 1974
A weak profit forecast sent Intel shares down sharply on Friday and pulled the S&P 500 to its worst day since June. Amazon and Nvidia also fell.
Andersen to Sell Luxury Window Brand Fenêtres MQ to Lepage
Family-owned Lepage Millwork will take over Fenêtres MQ, which Andersen bought in 2017. Closing is targeted for December 2026.
Vistra Closes Cogentrix Deal, Adding 10 Gas Plants
Vistra has finished buying Cogentrix Energy from Quantum Capital funds. The deal adds about 5,500 MW of gas capacity in three power markets.
LCI Board Calls Monomoy's $101 Offer Not Superior, Backs Patrick
LCI Industries says Monomoy Capital Partners' cash proposal is not a superior offer and keeps its recommendation for the all-stock combination with Patrick Industries.
Meta Signs Multi-Year Deal for Fortera Low-Carbon Cement Credits
Meta will buy environmental credits tied to about 200,000 tons of Fortera's low-carbon cement. Fortera says the deal helps it finance a Missouri plant.