Category: Business

BusinessInfrastructure

Lincoln Property Company Nears Acquisition of Chandler Data Center with Expansion Plans

Lincoln Property Company appears poised to reacquire a Chandler data center facility it previously owned and sold in 2019. Sources indicate the company is working with city officials to amend development agreements that would enable both the purchase and a significant expansion of the existing data center operations. The move would mark a return to a property with which the company has historical ties.

Data Center Acquisition in Progress

Real estate firm Lincoln Property Company is reportedly close to acquiring a data center facility in Chandler, Arizona, according to documents filed with city officials. Sources indicate the company is seeking to purchase the property located at 2500 W. Frye Road, which it previously owned and sold to CBRE Investment Management in 2019.

by Samuel Kim
AutomotiveBusiness

US Auto Sector Shows Unexpected Resilience Amid Economic Headwinds and Tariff Pressures

The U.S. automotive industry is proving more resilient than anticipated despite ongoing economic pressures. Recent analyst upgrades and reports indicate the sector has weathered tariff impacts better than forecast, though challenges remain.

Industry Defies Expectations Amid Economic Pressure

The U.S. automotive sector continues to demonstrate unexpected resilience despite facing significant economic headwinds and ongoing cost pressures, according to recent analyst reports and industry assessments. Sources indicate that while the industry faced relatively bearish outlooks for 2025, performance has exceeded many expectations despite persistent challenges.

by Priya Kapoor
BusinessHealthcare

Activist Investor Jana Takes Position in Cooper Companies, Pushes for Strategic Review Including Bausch + Lomb Merger

Activist investor Jana Partners has built a position in Cooper Companies and is advocating for strategic changes, sources indicate. The investor reportedly sees potential in combining Cooper’s contact-lens business with rival Bausch + Lomb, whose CEO has expressed interest in such a deal.

Activist Investor Targets Medical Device Maker

Activist investment firm Jana Partners has reportedly acquired a significant stake in Cooper Companies, the medical device manufacturer known for its CooperVision contact lens division, according to people familiar with the matter. Sources indicate the firm plans to push for strategic alternatives that could include a potential combination of Cooper’s vision-care unit with rival Bausch + Lomb.

by Priya Kapoor
BusinessFinance

Global Hedge Funds Flock Back to Hong Kong IPO Market Amid Renewed China Interest

Major hedge funds including Millennium and Oaktree are participating in Hong Kong IPOs at rates not seen since 2021. The resurgence comes as Chinese markets show renewed strength, with the Hang Seng becoming one of the world’s top performers and Hong Kong poised to lead global listings in 2025.

Hedge Fund Activity Reaches Post-2021 High

Global hedge funds are reportedly participating in Hong Kong listings at their highest rate since 2021, according to recent market analysis. Sources indicate that what industry observers call “smart money” is returning to the Chinese market following an extended period of reduced activity.

by Samuel Kim