Mergers And Acquisitions

TransCode Launches Strategic Review of Oncology Portfolio

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TransCode Launches Strategic Review of Oncology Portfolio

BOSTON – October 29, 2026 -- TransCode Therapeutics (Nasdaq: RNAZ) has opened a formal strategic process that could end in a sale or licensing of its oncology assets, a partnership or a business combination, with lead candidate TTX-MC138 now in Phase 2a development.

Tungsten Advisors to run the process as exclusive financial advisor

The Board of Directors initiated the review to maximize the value of the company and its oncology portfolio. Options include licensing or selling individual assets, development and commercialization partnerships, portfolio transactions and business combinations. TransCode has engaged Tungsten Advisors as exclusive strategic financial advisor.

CEO and Chairman Philippe P. Calais said the process is meant to support continued development of TTX-MC138 while seeking to maximize value for stockholders.

Solidion Rejects Raising Bid After Polar Power Board Turns Down Cash Offer

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Solidion Rejects Raising Bid After Polar Power Board Turns Down Cash Offer

Dallas – October 29, 2026 -- Solidion Technology, Inc. (NASDAQ: STI) said it will not raise its all-cash offer to acquire substantially all assets of Polar Power, Inc. (NASDAQ: POLA) after Polar's board rejected the proposal, calling the target company "severely distressed."

Solidion cites Polar's reliance on dilutive financing to justify its valuation

Polar Power established a committed equity facility on October 29, 2026 permitting the sale of up to $25 million in common stock to fund working capital. The company also raised capital through convertible notes issued August 26 that convert at the lower of 80% of the five-day volume-weighted average price or $1.00 per share if not repaid at maturity, terms Solidion said come at the expense of existing shareholders.

BlueNord Q3 EBITDA Jumps to USD 219.6M as Tyra Output Peaks

Oslo – October 29, 2026 -- BlueNord ASA posted third-quarter 2026 EBITDA of USD 219.6 million, up from USD 146.8 million in the second quarter, as higher production and stronger commodity prices lifted revenue to USD 346 million.

Revenue rises 25% quarter on quarter on higher volumes and prices

Revenue climbed from USD 276.8 million in Q2. The company attributed the gain to higher oil and gas sales volumes and increased commodity prices, partly offset by a higher hedge effect. EBITDA grew roughly 50% over the same period.

Net operating cash flow was USD 69.7 million, or USD 212 million before working capital and tax payments. The BNOR18 bonds were listed on Oslo Stock Exchange during the quarter.

Kimberly-Clark Extends Kenvue Note Exchange Offers to Nov. 2

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Kimberly-Clark Extends Kenvue Note Exchange Offers to Nov. 2

DALLAS – October 29, 2026 -- Kimberly-Clark Corporation extended the expiration of its exchange offers for any and all outstanding Kenvue Inc. notes, which cover up to $7 billion of new Kimberly-Clark notes, from 5:00 p.m. New York City time on October 29, 2026 to 5:00 p.m. on November 2, 2026.

All other terms of the exchange offers remain unchanged. Kimberly-Clark may extend the deadline further.

Exchange offers depend on the Kenvue acquisition closing

The offers are conditioned on completion of Kimberly-Clark's pending acquisition of Kenvue. Kimberly-Clark cannot waive that condition, though it may waive certain other conditions. Settlement is expected promptly after the expiration date.

Vector Science Hires Ex-Outcome Capital Banker to Lead M&A Push

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Vector Science Hires Ex-Outcome Capital Banker to Lead M&A Push

Toronto – October 19, 2026 -- Vector Science and Therapeutics Corp. (TSXV: PAIN) has appointed Angus Jackson, a former investment banker at Outcome Capital, as Managing Director of Corporate Development. He will lead the company's inorganic growth initiatives, including acquisitions, investments and strategic partnerships.

Jackson takes charge of inorganic growth and supports organic expansion

Jackson will lead inorganic growth and assist with organic growth. His remit covers commercial expansion, strategic alliances, business development and selective mergers and acquisitions. He will also work with company leadership to assess opportunities that complement Vector's therapeutic delivery technologies, medical devices and peptide-related offerings.

Boots Group Seeks Noteholder Consent Ahead of Wittington-Fairfax Deal

London – October 19, 2026 -- Boots Group Finco L.P. and The Boots Group Luxco S.à r.l. have launched a consent solicitation covering €650 million of 5.375% and £375 million of 7.375% senior secured notes due 2032, offering holders a cash fee of 2.50 per 1,000 of principal for backing indenture changes tied to a pending change of ownership.

Wittington and Fairfax funds agree to acquire Boots Group parent on October 7

Oak UK Bidco Limited, owned directly or indirectly by funds linked to Wittington Investments, Limited, together with funds linked to Fairfax Financial Holdings Limited, signed a share purchase agreement on October 7, 2026. Under it, the buyer will acquire all issued and outstanding ordinary shares of Blazing Star Boots Superco (Jersey) Limited from The Boots Group Limited. Completion is expected in the first half of 2027, though the agreement allows that date to be extended.

Select Water Upsizes Notes to $900M at 7.625% to Fund Pilot Deal

Gainesville, Texas – October 15, 2026 -- Select Water Solutions, Inc. (NYSE: WTTR) priced an upsized $900 million offering of 7.625% senior notes due 2034 through its subsidiary Select Water Holdings LLC, raising the deal by $100 million from the initial $800 million.

Notes priced at par with semiannual coupons starting May 2027

The notes mature on October 15, 2026, and pay interest at 7.625% per year on May 1 and November 1. The first payment is due October 15, 2026. The offering is expected to close on October 15, 2026, subject to customary closing conditions.

The notes are guaranteed jointly and severally on a senior unsecured basis by existing subsidiaries that are borrowers or guarantors under the revolving credit facility. Future restricted subsidiaries that guarantee certain indebtedness of the issuer or a guarantor under any credit facility will also guarantee them.

Endure Critical Solutions Buys Precise Power's UPS Service Unit

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Endure Critical Solutions Buys Precise Power's UPS Service Unit

Madison, Wisconsin – October 14, 2026 -- Endure Critical Solutions has acquired the UPS services division of Precise Power, extending its vendor-neutral critical power service network into the Southeast. The announcement did not include financial terms.

Precise Power keeps its turnkey equipment business while the service team joins Endure

Precise Power will retain its critical infrastructure equipment and turnkey solutions segment. Its service technicians, account contacts and support staff move to Endure, and existing service contracts remain in effect. Customers will be served by the same people, now backed by Endure's wider North American footprint.

Sammons Rebrands Wealth Unit as Criterion With $27B in Assets

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Sammons Rebrands Wealth Unit as Criterion With $27B in Assets

West Des Moines – October 13, 2026 -- Criterion, the new name for Sammons Financial Group's wealth advisory holding company, launched with more than $27 billion in assets under management or advisement (AUM/AUA) across three national advisory firms.

The company groups Beacon Capital Management, NorthRock Partners and Wealthcare. Sammons Financial Group established the holding company as its expansion beyond core insurance and annuity business lines.

Criterion plans acquisitions and technology spending to compete in U.S. wealth management

Criterion describes the launch as the next step in a long-term plan built on strategic acquisitions, technology investments and expanded capabilities for financial advisors and their clients. It will also invest in talent across its advisory firms.

Foundation Group Merges Units to Form Nonprofit Accounting Division

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Foundation Group Merges Units to Form Nonprofit Accounting Division

Nashville, Tenn. – October 08, 2026 -- Foundation Group has combined its legacy Bookkeeping division with boutique accounting firm Nonprofit Suite to create Foundation Group Accounting Services, a single unit serving nonprofits from startup bookkeeping through complex financial reporting. Lora J. Lahoda, CPA, CGMA, has been named Vice President and General Manager of the new division, overseeing integration, staffing, and service delivery.

Two nonprofit accounting practices with decades of combined history now operate as one unit

Foundation Group's Bookkeeping division has supported small and mid-sized nonprofits for more than eight years, while Nonprofit Suite has served larger, more complex nonprofit organizations for over 20 years. The merger creates what the company calls a scalable continuum, allowing clients to move from basic bookkeeping to operational accounting and strategic advisory services without switching providers.