Companies

Russian firm seeks state control of Nestlé’s Russian assets
Local unit requests government intervention to take over Swiss group’s operations amid ongoing sanctions and legal disputes.

H2O America wins approval to buy Quadvest assets
Regulatory clearance paves way for H2O America to acquire water utility assets from Quadvest in a deal expected to expand its U.S. footprint.

Prosecutors examine four firms in Mark Walter fraud probe
U.S. prosecutors investigating allegations of fraud involving billionaire investor Mark Walter have expanded scrutiny to four firms tied to his business dealings.

Viasat picks Rocket Lab for U.S. Space Force satellite contract
Contract valued at $14.5 million awarded to Rocket Lab for a classified satellite mission under the U.S. Space Force’s Victus Nox program.

Intuitive Machines wins $600M satellite contract
NASA-backed contract underscores growing demand for lunar and space infrastructure as private sector expands beyond Earth orbit.

Cargill workers vote to end dispute at US beef plant
Union vote clears path for resumption of operations at Wyalusing, Pennsylvania facility after six-week shutdown.

Payward joins Anthropic’s AI security initiative for vulnerability research
Kraken’s parent company to leverage Anthropic’s cybersecurity model for vulnerability hunting and open-source threat intelligence sharing.

Textron Systems secures $231 million U.S. Navy contract for landing craft
Defense contractor Textron Systems wins a $231 million contract to deliver landing craft to the U.S. Navy, expanding its maritime defense portfolio.

XP Inc seeks U.S. banking license to expand financial services
Brazilian fintech firm XP Inc plans to apply for a U.S. banking license, aiming to broaden its financial services offerings beyond Brazil and Latin America.

Google to acquire Spirit Airlines business data for $10 million
Alphabet’s Google secures exclusive access to Spirit Airlines’ operational data in a $10 million deal, expanding its aviation analytics capabilities.

JVM Realty buys 280-unit Oswego apartment complex
Chicago-based JVM Realty expands its multifamily portfolio with the acquisition of a 280-unit apartment community in Oswego, Illinois.

CalPrivate Bank appoints Andra Frazier as chief credit officer
Frazier brings over two decades of commercial banking and credit risk experience to the San Diego-based private bank.

BD appoints Gary Sorsher as chief quality officer
Medical technology firm BD names Gary Sorsher to lead quality operations amid ongoing regulatory scrutiny of healthcare supply chains.

Deluxe appoints Celero Commerce founder to lead merchant services
Deluxe names former Celero Commerce CEO to head its merchant services division amid expansion in digital payments.

Xos wins U.S. Air Force contract for mobile charging system
Contract valued at $1.2 million to deliver mobile electric vehicle charging units for Air Force operations.

PicPay integrates ChatGPT for customer queries in Brazil
Brazilian fintech PicPay partners with OpenAI to deploy AI-driven customer service for account-related questions, aiming to enhance efficiency and reduce operational costs.

Diligent Robotics launches Moxi 2.0 for hospital automation
Autonomous nursing assistant aims to streamline logistics in healthcare facilities with enhanced AI and mobility features.

Raytheon secures $22.9 billion Tomahawk missile contract
U.S. defense contractor awarded largest-ever missile deal for long-range strike systems amid rising global tensions.

EQT Real Estate sells 4.4M sq ft Midwest logistics portfolio
Transaction valued at undisclosed terms highlights growing demand for industrial real estate in U.S. heartland.

Lifetime Brands extends credit facilities through 2031
Kitchenware and home goods company secures $400 million in financing with five-year extension to its revolving credit facility.

Textron Aviation delivers 500th Cessna Citation CJ4 jet
Milestone delivery underscores strong demand for light business jets amid robust private aviation market activity.

Targa Resources, ExxonMobil sign 20-year midstream deal
Targa Resources will provide midstream services to ExxonMobil under a two-decade agreement, expanding infrastructure ties between the two energy firms.

Greystone Housing exits Colorado property investment
Real estate investment firm sells Colorado multifamily asset, marking exit from local housing market. Deal terms undisclosed.

Aramark secures multiple U.S. K-12 school nutrition contracts
Food services provider Aramark wins new contracts to manage school nutrition programs in multiple U.S. districts, expanding its K-12 footprint.

