Asahi shares mark weekly slide after cyberattack halts production
Murray Stahl, President and Co-Portfolio Manager of RENN Fund, Inc. (EXCHANGE:RCG), acquired shares of the company’s common stock on September 26, 2025. The micro-cap fund, currently valued at $17.89 million, has demonstrated strong performance with a 29.38% return over the past year and trades at an attractive P/E ratio of 4.87.
The transactions involved the purchase of common stock at a price of $2.63 per share. Stahl’s purchases totaled 1130 shares for a total value of $2982. With an overall financial health score rated as "GREAT" by InvestingPro, the fund shows promising fundamentals, including liquid assets exceeding short-term obligations. Discover more detailed insights and 12+ additional ProTips with an InvestingPro subscription.
In other recent news, iA Financial Corporation Inc. has announced a significant acquisition deal involving RF Capital Group Inc. The company will acquire RF Capital for $597 million in an all-cash transaction. This acquisition aims to bolster iA Financial’s presence in the Canadian independent wealth management sector. The agreement values RF Capital’s common shares at $20.00 each, which is approximately 107% above RF Capital’s closing price on July 25. The deal encompasses $370 million for RF Capital’s fully diluted equity and an additional $227 million to cover financial obligations. These developments are part of iA Financial’s strategic expansion plans. The acquisition is set to enhance iA Financial’s market position, offering substantial growth opportunities. This move is expected to have a notable impact on the company’s operations and strategic direction.
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