Ares Capital to acquire MidCap Financial for $2.6 billion
FROM THE WIRE · FINANCE.YAHOO.COM
All three major US stock indexes were up in late-morning trading Tuesday, as oil prices fell and inv PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralA $2.6 billion deal in private credit can move the stocks involved and the BDC sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Ares Capital will acquire MidCap Financial for $2.6 billion.
- 02The same article notes that S&P Global is considering a separation of Capital IQ.
- 03US stock indexes were up in late-morning trading Tuesday, while oil prices fell.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Ares Capital Corporation18.66 USD+0.32%today +0.24%Positive MidCap Financial Investment Corporation10.35 USD+0.44%today +23.80%Positive Crude Oil WTI100.02 USD-0.20%today -1.71%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets