TTM Technologies to Buy Epiq for $1.1 Billion, Taking Net Leverage to 2.3x

The all-cash deal is priced at 17.4 times expected 2027 adjusted EBITDA after assumed synergies, with TTM targeting non-GAAP EPS accretion during 2028.

The all-cash deal is priced at 17.4 times expected 2027 adjusted EBITDA after assumed synergies, with TTM targeting non-GAAP EPS accretion during 2028.

The deal adds fan and motor technology deep in the cooling stack, giving Madison Air more control over equipment serving data centers and other mission-critical applications.

The chipmaker’s obligation is a contingent residual-value backstop, not a $105 billion upfront investment, and it is tied to leases covering an initial 4.25 gigawatts of IT load.

Saudi and Qatari equities advanced Sunday as banks and Saudi Aramco gained, even with U.S.-Iran diplomacy stalled and tanker traffic through the Strait of Hormuz still severely constrained.

Thiel Macro reported 1.19 million Vista ADSs worth $75.9 million at June 30, adding the shale producer as Vista raises its Vaca Muerta production and spending plans.

Preliminary figures reviewed by Bloomberg show Anthropic more than doubled quarterly revenue from the first quarter and posted positive adjusted operating income as it advances toward a public listing.

A new Hindenburg Omen appeared in Monday’s breadth data, but a positive McClellan Oscillator by Friday underscored why the warning is not a stand-alone crash signal.

U.S. equity funds took in a net $2.58 billion in the week through August 12, with a sharp return to growth strategies offset by heavy withdrawals from technology-sector funds.

Capricor shares jumped about 70% in Friday morning trading after investors interpreted the FDA’s willingness to review additional deramiocel data as a possible path forward.

ACCO Brands agreed to acquire Dutch computer-accessories company Trust for about $57 million, a deal that would lift its technology-peripherals business to roughly $500 million in annual pro-forma sales.