Key facts
- Mobix Labs acquired assets of Nuvotronics.
- MGM Resorts International agreed to acquire operations of the Cosmopolitan of Las Vegas.
- The Cosmopolitan acquisition is from a joint venture led by Blackstone.
Mobix Labs has completed the acquisition of the assets belonging to Nuvotronics, a company specializing in the development of advanced materials and radio frequency (RF) filter technology. In a significant hospitality sector transaction, MGM Resorts International has entered into a definitive agreement to purchase the operations of the Cosmopolitan of Las Vegas. This acquisition is being made from a joint venture that is primarily led by the investment firm Blackstone.