mergers_and_acquisitions

Scienjoy to Buy 29.9% Stake in Leader Education for $13.1 Million

Beijing – September 07, 2026 -- Scienjoy Holding Corporation (NASDAQ: SJ) has agreed to acquire a 29.9% stake in Hong Kong-listed Leader Education Limited (HKSE: 1449.HK) for HK$102.69 million, or approximately US$13.1 million, marking the live-streaming platform operator's entry into China's private higher education sector.

Scienjoy Innovation Labs to purchase 239.2 million Leader Education shares from controlling shareholder

Under the sale and purchase agreement, Scienjoy's wholly-owned subsidiary Scienjoy Innovation Labs Inc. will buy 239,234,000 ordinary shares from Shuren Education Limited, Leader Education's controlling shareholder. The shares represent 29.9% of Leader Education's issued and outstanding share capital.

UNISORB Acquires BILZ-USA, Becomes Sole North American Distributor

Michigan Center, Mich. – September 07, 2026 -- UNISORB Installation Solutions has acquired BILZ-USA effective August 30, 2026, becoming the exclusive North American distributor of BILZ vibration isolation and precision leveling products.

UNISORB absorbs BILZ engineering staff to close high-precision product gap

BILZ's engineering team is joining UNISORB's existing engineering and project management staff, creating a single technical team for customers who previously had to coordinate leveling and isolation work across two separate vendors. John Hornberger, CEO of UNISORB, said the deal closes a gap at the high-precision end of the company's product line.

Shell Completes $13.9B Acquisition of ARC Resources in Montney Basin

Calgary – September 07, 2026 -- Shell plc has closed its acquisition of ARC Resources Ltd. (TSX: ARX), adding roughly 370 kboe/d of immediate production capacity across liquids and gas in Canada's Montney basin after clearing all shareholder, court and regulatory approvals.

Deal adds 370 kboe/d and lifts Shell's production growth outlook to 4% CAGR through 2030

The transaction accelerates Shell's stated strategy of expanding exposure to long-duration, low-cost liquids production. Shell said the addition supports a production compound annual growth rate of approximately 4% through 2030 compared with 2025 levels.

NWPX Infrastructure Acquires Serpentix Conveyor for Wastewater Push

Vancouver, Washington – September 07, 2026 -- NWPX Infrastructure, Inc. (Nasdaq: NWPX) closed its acquisition of Serpentix Conveyor, LLC on September 2, 2026, a deal the company says will be immediately accretive to earnings.

Serpentix brings five decades of engineered conveyor expertise to NWPX's wastewater platform

Founded in 1969 and headquartered in Westminster, Colorado, Serpentix manufactures engineered conveyor systems used in municipal wastewater treatment plants and industrial manufacturing facilities. The company's in-house engineering team designs systems to convey abrasive, high-moisture sludge, grit and screenings in demanding municipal operating environments.

Reliable Sprinkler, ASC Merge to Form Reliable Safety & Flow Corp

Oak Brook, Ill. – September 07, 2026 -- Reliable Safety & Flow Corporation (RSFC) launched today, combining more than 175 years of manufacturing heritage from Reliable Automatic Sprinkler, founded in 1920, and ASC Engineered Solutions, founded in 1850 as Anvil, into a single fire protection and flow systems supplier.

Merger creates one of the industry's broadest integrated safety and flow portfolios

The unified company combines fire sprinklers, devices and flexible connections, pipe joining, flow control and valves, fittings, and structural support solutions under a single accountable brand, supplemented by digital design and planning tools. RSFC targets engineers, contractors, distributors, and owners across critical infrastructure, water management, commercial construction, healthcare, education, data centers, and energy markets.

Three Lions Acquisition Closes $100M IPO, Eyes Sports Deals

New York – September 07, 2026 -- Three Lions Acquisition Corp. closed its initial public offering of 10,000,000 units, generating $100,000,000 in gross proceeds, the special purpose acquisition company announced. A total of $100,500,000 from the IPO and a simultaneous private placement was placed in trust.

Units priced at $10.00 begin trading on Nasdaq under ticker TLACU

Each unit consists of one ordinary share and one-half of one warrant, with each whole warrant exercisable at $11.50 per share. Once components separate, the ordinary shares and warrants are expected to list on Nasdaq under the symbols TLAC and TLACW, respectively.

Robo.ai Posts $180M Revenue as QC Capital Deal Fuels Growth

Dubai – September 07, 2026 -- Nasdaq-listed Robo.ai Inc. (AIIO) reported total revenue exceeding US$180 million for the three-month period from June through August 2026, with the bulk of the figure driven by its newly acquired subsidiary, Quantum Core Capital Limited (QC Capital).

QC Capital drives Robo.ai's revenue surge post-acquisition

Robo.ai completed its acquisition of QC Capital on June 15, 2026, and the deep-tech venture-building platform has since become the primary contributor to the Dubai-based group's top line. The Company said operations have remained steady since integration began, with the new business unit delivering meaningful revenue growth to the overall group.

Blue Compass RV Acquires Brown's RV Superstore in South Carolina

Irvine, Calif. – September 07, 2026 -- Blue Compass RV has acquired Brown's RV Superstore in McBee, South Carolina, expanding its Carolinas footprint to 13 dealerships in a deal brokered by Performance Brokerage Services.

Family-owned dealership changes hands after nearly four decades

Founded in 1986, Brown's RV Superstore operated as a family business for close to 40 years on a 12-acre site with 31,000 square feet of retail and service space, including 20 enclosed service bays. The dealership carried new and pre-owned RVs from Jayco, Grand Design, and Brinkley. Barry Brown of the Brown family confirmed the sale, crediting Jesse Stopnitzky of Performance Brokerage Services as exclusive sell-side advisor.

ASUR Closes $992.2M Deal for Motiva's Airports in Brazil, Ecuador, Costa Rica

Mexico City – September 7, 2026 -- Grupo Aeroportuario del Sureste (NYSE: ASR; BMV: ASUR) has closed its acquisition of Motiva Infraestrutura de Mobilidade S.A.'s (B3: MOTV3) entire equity interest in Companhia de Participações em Concessões (CPC) for R$5.1 billion (US$992.2 million), following customary closing adjustments.

ASUR finalizes $992.2 million purchase after all conditions precedent are met

The transaction follows the agreement signed on November 18, 2025, and was completed after satisfaction of all conditions precedent. ASUR financed the purchase through a loan facility arranged at the time it submitted its offer to Motiva.

TDS Withdraws Bid for Array Digital Infrastructure, Resumes Buybacks

Chicago – September 07, 2026 -- Telephone and Data Systems, Inc. (NYSE: TDS) has withdrawn its proposal to acquire the roughly 18% of Array Digital Infrastructure, Inc. (NYSE: AD) that it does not already own, ending talks over a stock-for-stock deal that would have exchanged each Array share for 0.86 of a TDS share.

TDS cites failure to agree on deal terms after extensive review

Walter Carlson, President and CEO of TDS, said the two sides could not reach agreement on the form of consideration and value despite lengthy negotiations. "We no longer believe that now is the right time to complete such a transaction," Carlson said, adding that TDS remains confident in Array's long-term prospects and will continue supporting the company as a leading owner and operator of wireless infrastructure.