AIG, Onex partner to buy specialty insurer Convex in $7 billion deal

Onex Corporation's stock has seen a significant surge following its acquisition of Convex and a strategic partnership with AIG. This positive momentum reflects investor confidence in Onex's growth strategy and the potential synergies from these deals. The acquisition of Convex is expected to enhance Onex's portfolio, while the collaboration with AIG could open new avenues for innovation and market expansion. Such developments are crucial as they not only boost Onex's market position but also signal a robust outlook for the company's future.

Onex and AIG are teaming up to acquire Convex, a specialty insurer, for a whopping $7 billion. This partnership is significant as it highlights the growing interest in the insurance sector, particularly in niche markets. By securing a 63% stake for Onex and 35% for AIG, both companies are positioning themselves to capitalize on the evolving landscape of property and casualty insurance, which could lead to enhanced services and offerings for clients.

Onex and AIG are teaming up to acquire Convex, a specialty insurer, for a whopping $7 billion. Onex will take a 63% stake while AIG will hold 35%. This partnership is significant as it highlights the growing interest in the specialty insurance market, which is crucial for managing unique risks in today's economy.

The US has decided to suspend export curbs, paving the way for a potential deal with TikTok. This development is significant as it indicates a shift in the government's approach towards the popular social media platform, which has faced scrutiny over security concerns. By advancing negotiations, both parties may find a resolution that allows TikTok to continue operating in the US while addressing regulatory issues, ultimately benefiting users and the economy.

American International Group Inc. is making a significant move by acquiring stakes in specialty insurer Convex Group and alternative-asset manager Onex Corp. for over $2.7 billion. This investment not only strengthens AIG's portfolio but also highlights its commitment to expanding in the insurance and asset management sectors, which could lead to enhanced growth and stability for the company.

Bezant has successfully secured regulatory approvals for its processing plant deal in Namibia, marking a significant step forward for the company. This achievement not only enhances Bezant's operational capabilities but also underscores the growing investment potential in Namibia's mining sector. The approval is a crucial milestone that could lead to increased production and job creation in the region, reflecting positively on both Bezant and the local economy.

Jamf's stock has seen a significant surge following the announcement that Francisco Partners will acquire the company in a $2.2 billion deal. This acquisition is noteworthy as it highlights the growing interest in technology firms and the potential for increased investment in the sector. Investors are optimistic about the future of Jamf under new ownership, which could lead to enhanced growth opportunities and innovation.

Microsoft's recent deal with OpenAI is a game changer, as it enables OpenAI to raise capital more easily, according to their CFO. This partnership not only strengthens their financial position but also highlights the growing confidence in AI technologies. As OpenAI continues to innovate, this financial backing could accelerate their projects and impact the tech landscape significantly.

The Eurozone economy is showing signs of recovery, with GDP growth rising to 0.2% in the third quarter, up from 0.1% in the previous quarter. This improvement is significant as it indicates the 20-nation bloc is adapting to the challenges posed by higher U.S. tariffs. A stronger economy can lead to increased consumer confidence and investment, which is crucial for long-term stability and growth.

Vulcan Materials has reported a strong earnings performance for Q3 2025, significantly beating expectations with its earnings per share (EPS). This positive result highlights the company's robust operational efficiency and market demand for its products, which is crucial for investors and stakeholders. The strong EPS not only reflects the company's financial health but also positions it favorably for future growth, making it an important update for those following the construction materials sector.

Valaris has reported impressive contract wins during its Q3 2025 earnings call, showcasing the company's strong position in the market. This is significant as it reflects Valaris's ability to secure new business in a competitive environment, which could lead to increased revenue and growth opportunities in the future.

PSI has reported a notable revenue growth in the third quarter, despite facing some one-time expenses. This growth is significant as it reflects the company's resilience and ability to adapt to financial challenges, which is encouraging for investors and stakeholders. It shows that PSI is on a positive trajectory, potentially leading to more robust performance in the future.

Delek US Energy's stock has reached a remarkable 52-week high of $39.29, reflecting strong investor confidence and positive market trends. This milestone is significant as it indicates the company's robust performance and potential for future growth, making it an attractive option for investors looking to capitalize on energy sector opportunities.

Hanover Insurance has reported its Q3 2025 earnings, surpassing EPS forecasts, which is a positive sign for investors and stakeholders. This performance indicates the company's strong financial health and effective management strategies, making it a noteworthy player in the insurance sector. Such results can boost investor confidence and potentially lead to increased stock value.