Refra to join international Beijer Ref Group

Beijer Ref agreed to buy 90% of Refra, a Lithuanian HVAC/R manufacturer, with an option for the remaining stake. Refra has SEK 500M annual turnover and specializes in natural refrigerants. Beijer Ref expects a minor positive impact on its results and sees the deal as strategically important for its OEM portfolio. The transaction is subject to approval from Lithuania's competition authority.

Beijer Ref has agreed to acquire 90% of Lithuanian refrigeration equipment manufacturer Refra, with an option to buy the remaining shares. Refra has an annual turnover of €45m and specializes in natural refrigerants. Beijer Ref COO Jonas Steen called the deal strategically important, expanding its OEM portfolio and customer base.

SEMICON Taiwan 2026 set records with 1,300+ exhibitors and 100,000+ attendees. Nvidia announced a $12.93B acquisition of Hugging Face, aiming to scale its platform and infrastructure.

Nvidia agreed to acquire Hugging Face for $12.93B, with $11.9B in cash and $1B in retention equity. The deal aims to scale Hugging Face's AI platform, which has 18M users and 3M models. Nvidia pledged to keep Hugging Face open, supporting multi-cloud and open-source models. The transaction is expected to close in H1 2027, pending regulatory approval.

EverBank Financial will acquire WaFd in a $3.9B reverse merger, creating a regional bank with $75B in assets. EverBank will merge into WaFd, which will change its name and ticker to EVBK. The deal is expected to close in early 2027 and boost WaFd's 2027 EPS by 29%.

WaFd, Inc. (WAFD) and EverBank Financial Corp. announced a $3.9B merger. WaFd will be the surviving entity, renaming to EverBank and trading as EVBK. The deal expects 29% EPS accretion in 2027 and a 15% return on tangible equity post-synergies. Completion is expected in early 2027, subject to approvals.