Category: Business

BusinessDefense

German Naval Defense Firm TKMS Launches Frankfurt IPO Amid European Military Expansion

TKMS, the newly independent warship manufacturer spun off from Thyssenkrupp, began trading on the Frankfurt Stock Exchange Monday. The IPO comes as European nations ramp up naval defense capabilities, with the company reporting an order backlog extending to 2040.

European Defense Sector Attracts Investor Attention

European aerospace and defense stocks reportedly gained momentum Monday as investors increasingly view the sector as positioned for growth. This trend comes amid heightened focus on military capabilities across the continent, with aerospace and naval defense companies particularly attracting market interest according to industry analysts.

by Liam Dorsey
BusinessEntertainment

Hollywood Power Broker Ari Emanuel Acquires Secret Cinema Parent Company in Major Experiential Entertainment Move

Hollywood power broker Ari Emanuel has acquired TodayTix, the parent company behind immersive entertainment pioneer Secret Cinema. The deal marks the latest expansion for Emanuel’s new global events company Mari, which has been rapidly assembling a portfolio of premium live experiences. This acquisition positions Mari to leverage TodayTix’s 20 million members across sports, art, and entertainment ticketing.

Major Acquisition in Experiential Entertainment

Hollywood power broker Ari Emanuel has acquired TodayTix, the parent company behind London-based immersive entertainment business Secret Cinema, according to reports. The deal represents the latest strategic move by Emanuel’s newly formed global events company Mari as experiential entertainment continues to attract significant investment despite uncertain commercial prospects.

by Darren Holt
BusinessInfrastructure

Goodman Group Expands Data Center Portfolio with $200 Million San Jose Acquisition

Goodman Group has reportedly acquired a strategic San Jose property currently undergoing rezoning for data center development. The $200 million transaction signals continued expansion in California’s growing digital infrastructure market.

Strategic Acquisition in Silicon Valley

Global logistics and industrial real estate firm Goodman Group has reportedly acquired a significant property in San Jose, California, that is currently being rezoned for data center development, according to industry reports. Sources indicate the company paid approximately $200 million for the 46.8-acre site located at 350 and 370 W. Trimble Road, marking another substantial investment in the region’s digital infrastructure.

by Liam Dorsey