The renounceable rights trade through Oct. 12, with First Sponsor’s subscription window closing Oct. 16 for 4.85% perpetual convertible capital securities priced at S$1.08 each.
CareTrust’s £576 million first tranche covers 24 recently built care homes, while 21 development properties are scheduled for rolling acquisitions through 2027.
Factory activity remained in expansion in September as new orders and employment strengthened, while ISM’s prices index jumped and inventories slipped back into contraction.
New unemployment claims edged lower in the latest week, while the four-week averages for both initial and continuing claims also declined.
U.S. construction spending rose 0.9% in August to a seasonally adjusted annual rate of $2.203 trillion, led by gains in private residential and nonresidential building.
Prices fell 0.2% on the month after seasonal adjustment, while mortgage approvals remained below their recent six-month average in August.
PHINIA has completed its purchase of stoba Group, adding high-precision manufacturing capabilities and deeper exposure to semiconductor equipment, aerospace and defense markets.
National Fuel has taken control of CenterPoint Energy’s Ohio natural gas utility, adding about 335,000 customers and doubling the buyer’s utility rate base.
Reported sales rose 17.4%, but most of the increase came from the McCormick de Mexico acquisition; organic sales grew 1.9% as pricing offset a slight decline in volume…
Italy’s seasonally adjusted unemployment rate rose to 6.2% in August, as the number of jobless people increased by 48,000 even though total employment held steady, according to Istat.