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Wafra has agreed to acquire equipment finance company Navitas Credit Corp. from United Community Bank for approximately $1.9 billion in cash, with Navitas’ current management team remaining in place after the transaction closes. The deal, expected to be completed in the third quarter of 2026, positions Navitas for continued growth as an independent company with additional financing support from Bank of America and Wells Fargo.
Channel has been named a Minnesota Star Tribune Top 200 Workplace for the fifth consecutive year, recognizing its strong workplace culture and employee experience. The honor is based entirely on anonymous employee feedback and reflects Channel’s commitment to integrity, teamwork, and creating a supportive environment where employees can thrive. The recognition adds to the company’s growing list of workplace awards, including a spot on the 2026 USA TODAY Top Workplaces list.
The transaction marks Channel's first AAA rating to date, attracting ~$740M in orders from 23 investors. This is a firm demonstration of continued trust and interest in Channel's issuances by the investor community.
Global vendor finance company DLL reported resilient underlying performance in its Annual Report 2025, despite a year marked by macroeconomic and geopolitical uncertainty. Net income held steady at EUR 1.9 billion, while net profit reached EUR 312 million — reflecting the impact of higher risk costs and currency headwinds that trimmed the company's portfolio to EUR 45.7 billion. Results varied by region, with solid growth in Europe, Canada, and Asia-Pacific offset by volume declines in the U.S. and Latin America. Looking ahead, DLL remains focused on deepening partner relationships and strengthening its digital capabilities as it navigates a volatile global landscape.
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