WS #11274
Lockheed Martin is frontrunner to buy Ultra Maritime for ~$3.5B; Ecolab closes CoolIT acquisition; Standex acquires remaining stake in Narayan Powertech; Genuine Parts attracts bid from O'Reilly for auto-parts arm. Iran warned oil tankers in the Strait of Hormuz to use approved routes or face a 'forceful response', while Russia launched a massive attack on Kyiv and Ukraine struck a Russian refinery, escalating energy supply risks.
M&A and Corporate Activity
Lockheed Martin is frontrunner to buy Ultra Maritime for ~$3.5B; Ecolab closes CoolIT acquisition; Standex acquires remaining stake in Narayan Powertech; Genuine Parts attracts bid from O'Reilly for auto-parts arm.
Iran warned oil tankers in the Strait of Hormuz to use approved routes or face a 'forceful response', while Russia launched a massive attack on Kyiv and Ukraine struck a Russian refinery, escalating energy supply risks.