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CRH Eyes $8 Billion Arcosa Acquisition, Potential Deal Values Target at 13.7x EBITDA
CRH made its biggest-ever acquisition official on June 22, 2026, signing a definitive agreement to acquire Arcosa, Inc. (NYSE: ACA) in an all-cash transaction. CRH will pay $150 per share in cash, with the transaction valuing Arcosa at a total enterprise value of approximately $8.5 billion, representing an acquisition multiple of 11.5x 2026E Adjusted EBITDA,…
Starmer Resigns: Pound Falls 0.4% Near 2026 Low as GBP/USD Slips to $1.3181
The British pound came under fresh pressure on June 22, 2026, after Prime Minister Keir Starmer announced his resignation, triggering uncertainty across UK financial markets. Sterling fell 0.4% against the US dollar, slipping to around $1.3181 and moving close to its lowest level of the year. Investors are now assessing what a leadership change could…
RVNL (NSE: RVNL) Shares Rise 3% After Winning ₹2,977 Crore NMDC Contract for Vizag Infrastructure Project
Rail Vikas Nigam Limited (RVNL) is back in the spotlight after securing a massive ₹2,977 crore contract from NMDC for a key infrastructure project in Visakhapatnam. The announcement pushed RVNL shares nearly 3% higher, reflecting strong investor confidence in the company’s expanding project pipeline. As India continues to invest heavily in transport and industrial infrastructure,…
Voltas Shares (NSE: VOLTAS) Surge 3.89% as AC Sales Cross 1 Million Mark in Record Q1 FY27
Voltas shares (VOLATS) rallied sharply on June 22, 2026, climbing 3.89% to ₹1,419.50 on the NSE after the Tata Group company announced a landmark achievement. Voltas crossed the milestone of selling 1 million air conditioner units within the first three months of FY27, an industry first for the brand in that timeframe. Over the last…
Aurobindo Pharma (NSE: AUROPHARMA) Shares Slip Despite US FTC Approval for $250 Million Lannett Acquisition
Aurobindo Pharma shares edged lower on June 22, 2026, despite a significant regulatory win announced before market open. Aurobindo Pharma USA, a wholly-owned subsidiary, received approval from the US Federal Trade Commission to proceed with the $250 million acquisition of Lannett Company LLC on a cash-free, debt-free basis. It inclusive of normalized working capital, with…
NVIDIA Corp Stock News: NASDAQ: NVDA +2.95% as Gracy Chen Highlights Onchain Trading vs Traditional Finance
NVIDIA Corp (NASDAQ: NVDA) climbed 2.95% on June 22, 2026, as investors continued to bet on strong demand for AI technologies. At the same time, Bitget CEO Gracy Chen sparked fresh debate over onchain trading and its growing role in global finance. Her comments highlighted how blockchain-based markets are evolving alongside traditional systems. As AI…
SK Hynix Surpasses Samsung Electronics in Market Value, Reaches ₩2,082.5 Trillion as Shares Jump 5.7%
SK Hynix made history on June 22, 2026, by overtaking Samsung Electronics to become South Korea’s most valuable company. The chipmaker’s shares jumped 5.7%, pushing its market value to ₩2,082.5 trillion as demand for AI memory chips continued to surge. The milestone reflects how artificial intelligence is reshaping the semiconductor industry. With investors betting heavily…
Zaggle Signs 5-Year PNB Deal as Q4 Profits Surge 30%, June 21
Zaggle Prepaid Ocean Services partners with Punjab National Bank for co-branded credit cards. Q4 net profit surged 30.42% to Rs 40.60 crore.
Apple Confirms iPhone Price Hikes Due to AI Chip Shortage, June 21
Apple CEO Tim Cook confirms iPhone price increases as AI-driven demand pushes memory chip costs higher, with DRAM costs rising significantly.