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• Magnachip Semiconductor (NYSE: MX) appoints Chae Lee as CEO effective July 1, 2026, succeeding interim chief Camillo Martino.
• Portillo’s prolongs the interim CFO appointment for Pamela Smith until the end of the year, or until a permanent successor is identified.
• Papa John’s International (NASDAQ: PZZA) appoints Christopher Collins as interim CFO effective June 30, 2026.
PowerFleet Inc. (NASDAQ: AIOT) has approved a new stock repurchase initiative, signaling confidence in its capital strategy. The move follows a board decision to allocate funds for share buybacks over the next two years.
• Old Republic International has announced a successful acquisition of the ECM Group, transitioning from a mutual to a stock insurance company.
• Pasqal will consolidate with Bleichroeder Acquisition Corp II, aiming for a valuation of $2 billion.
• Talos Energy (NYSE: TALO) and Ridgewood Energy finalize a $1.7 billion purchase of Shell’s Gulf of Mexico deepwater assets, including Na Kika and Coulomb fields.
Key Highlights• Fox Corp has secured a $1 billion term loan to finance its acquisition.Acquisition BackgroundFox Corp has announced an acquisition, with the deal expected to be financed through a combination of debt and equity. The company has secured a $1 billion term loan …
• Getty Images (NYSE: GETY) will terminate its merger agreement with Shutterstock after UK regulators required the sale of Shutterstock’s editorial business.
• Gray Media completed a private placement, raising $70 million through 7.250% senior secured notes.
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