Finance, Banking & Insurance

Bangkok – September 13, 2026 -- Webull Securities (Thailand) Co., Ltd. has completed its acquisition of approximately 99.36% of Pi Securities Public Company Limited for an aggregate consideration of roughly $100 million, following regulatory approval from Thailand's Securities and Exchange Commission on September 13, 2026.

Webull structures the deal through two separate share purchases

Webull Holdings (Singapore) Pte. Ltd., together with parent Webull Corporation (NASDAQ: BULL), acquired approximately 90.98% of Pi Securities from Country Group Holdings Public Company Limited, the broker's controlling shareholder, for roughly $90 million. A separate agreement with another shareholder added approximately 8.38% for $10 million, bringing Webull's total stake to 99.36%.

The Woodlands, Texas – September 13, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has priced an upsized secondary offering of 14,000,000 common shares at $18.50 apiece, generating approximately $259 million in gross proceeds for the selling stockholders. The Company itself will not receive any proceeds from the transaction.

TDR Capital-linked entities offload stake through Arrow Holdings and MFA Global

The shares being sold belong to Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. Underwriters have also been granted a 30-day option to purchase up to an additional 2,100,000 shares, which could push total proceeds higher. The offering is expected to close on September 13, 2026, subject to customary conditions.

New York – September 13, 2026 -- Jencap Group LLC has acquired Concorde General Agency, a North Dakota-based wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance, expanding Jencap's footprint in the upper Midwest.

Concorde retains its brand under Jencap's insurance services division

Concorde will continue operating under its established name as part of the Jencap Insurance Services Inc (JCIS) division. The deal pairs Concorde's regional expertise and carrier relationships with Jencap's national resources and broader product access.

Deal strengthens Jencap's specialty offerings for agency partners

Mark Maher, President of Jencap, said the acquisition strengthens the company's geographic presence in the upper Midwest and expands the specialty products it can deliver through its network. Jencap serves more than 20,000 independent agency partners nationwide as one of the largest wholesalers in the U.S.

St. Louis – September 13, 2026 -- Ameren Corporation (NYSE: AEE) priced a public offering of $900 million in junior subordinated notes due 2057 at 100.000% of principal, with the transaction expected to close September 13, 2026.

Notes carry a fixed 6.450% rate through 2032 before shifting to a floating structure

The junior subordinated notes will bear interest at an annual rate of 6.450% from issuance through September 13, 2026. After that date, the rate resets during each interest reset period to the Five-Year Treasury Rate plus 1.868%, with a contractual floor ensuring the rate never falls below the initial 6.450% level.

Proceeds target short-term debt repayment and general corporate needs

Ameren said net proceeds from the offering will be used for general corporate purposes, including repayment of outstanding short-term debt.

Los Angeles – September 13, 2026 -- Paramount Skydance Corporation (NASDAQ: PSKY) filed reply briefs pressing a district court to enforce a bond requirement against State Attorneys General and the Writers Guild of America (WGA), the two plaintiffs blocking its merger with Warner Bros. Discovery (NASDAQ: WBD). The company says it has cleared regulatory approval in 69 jurisdictions and satisfied all closing conditions, leaving the pending lawsuits as the sole barrier to completing the transaction.

Paramount quantifies delay costs at up to $1.88 billion

The filing states Paramount provided unrebutted evidence that ticking fees and incremental financing costs tied to the closing delay could reach $1.88 billion. Paramount's briefs assert that plaintiffs have not disputed this figure or otherwise contested that the company will suffer financial injury from the court's no-close order.

New York – September 13, 2026 -- Cerberus Capital Management has sold its equity stake in Tenet Equity to CBRE Investment Management for $1.6 billion, exiting a net lease platform it built from scratch five years ago.

Tenet's portfolio spans 200 properties across 39 states

The company's holdings total approximately 12 million square feet across 26 industries and more than 65 tenants. CBRE Investment Management is acquiring the stake on behalf of several of its investment strategies.

Cerberus founded Tenet in 2021 with industry executives

Cerberus launched the platform alongside Executive Partners Nick Eggert and Andrew Gallagher, building a management team focused on triple net lease financing for middle-market companies and financial sponsors. Tom Wagner, Head of North American Real Estate at Cerberus, said the firm established Tenet as a reliable capital source for growing middle-market companies.

New York – September 13, 2026 -- Ares Capital Corporation (Nasdaq: ARCC) has priced an underwritten public offering of $750 million in aggregate principal amount of 6.250% notes due 2033, with the deal expected to close on September 13, 2026.

Notes carry a 2033 maturity with make-whole redemption terms

The notes will mature on September 13, 2026. Ares Capital may redeem the securities in whole or in part at any time at par plus a make-whole premium, if applicable, giving the company flexibility to retire the debt early.

Chicago – September 13, 2026 -- Corgi, an AI-driven financial infrastructure company, has appointed retail-investing media personality Erin Gambrel as VP, Financial Services, tasking her with expanding retail investor reach across its ETF lineup of nearly 200 funds.

Corgi taps a media figure with a 20-million-strong retail audience

Gambrel joins from Investing Authority, an investor relations firm where she served as Vice President overseeing retail trading campaigns for a network reaching more than 20 million retail investors. Known publicly as "The Blonde Broker," she has spent a decade building financial media brands, contributes regularly to The New York Times and Forbes, and hosts The Market Runup, a financial podcast and newsletter produced under StrataMedia.

NEW YORK – September 13, 2026 -- Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Gildan Activewear Inc. (NYSE: GIL) following allegations that the apparel maker issued materially misleading information to investors.

Short seller report triggers 18.7% share drop on September 13, 2026

The inquiry centers on a September 13, 2026 Investing.com article reporting that Gildan Activewear shares fell after Jehoshaphat Research released a short report disclosing a short position in the Canadian manufacturer. The research firm alleged that Gildan's organic growth has been negative for years despite reported revenue growth, claiming the underlying decline was obscured through financial engineering. On that news, Gildan Activewear's NYSE-listed shares dropped 18.7% in a single session.

New York – September 13, 2026 -- Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC on behalf of investors in the firm's stock-based mutual funds, citing allegations that Putnam may have issued materially misleading business information to the investing public.

Rosen Law Firm targets investors who purchased Putnam mutual funds

The firm is preparing a prospective class action seeking recovery of investor losses tied to the alleged misstatements. Investors who purchased Putnam mutual funds may pursue compensation through a contingency fee arrangement, meaning no upfront out-of-pocket costs.