Bill Ackman’s Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world’s biggest music label’s value with a listing in the...
Gilead to buy Germany’s Tubulis for up to $5 billion to boost cancer pipeline
Gilead said on Tuesday it would acquire Germany-based Tubulis GmbH for up to $5 billion, as it looks to strengthen its cancer drugs pipeline. This marks the latest in Gilead’s acquisition spree. The company has...
UK’s Senior agrees to $1.9 billion takeover by aerospace investor Tinicum and Blackstone
Senior Plc agreed on Tuesday to a 1.4 billion pound ($1.9 billion) takeover proposal from a consortium comprising Tinicum and Blackstone, potentially ending months of pursuit of the British aerospace and defence...
ING terminates sale agreement for Russian business
Dutch lender ING said on Tuesday it had terminated the agreement to sell its Russian business to Moscow-based Global Development JSC, announced in January 2025. In a press release, the bank said the decision was...
Nvidia acquisition of SchedMD sparks worry among AI specialists about software access
A niche acquisition by Nvidia has raised concerns among artificial-intelligence and supercomputer specialists who see the move as a test of the biggest AI chip company’s commitment to maintaining a fair playing...
Neurocrine expands into metabolic diseases with $2.9 billion Soleno buyout
Neurocrine Biosciences will acquire rare-disease drugmaker Soleno Therapeutics for $2.9 billion in cash, the companies said on Monday, marking the neuroscience-focused drugmaker’s expansion into metabolic...
Anthropic acquires Coefficient Bio for nearly $400 million: Report
Anthropic has acquired biotech startup Coefficient Bio in a deal valued at around $400 million, reported The Information on Friday. As part of the acquisition, the New York–based startup’s team will join Anthropic’s...
Paramount in talks for Gulf backing in Warner takeover, WSJ reports
Paramount Skydance is in talks to secure signed equity commitments of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to help back its takeover of Warner Bros Discovery, the Wall Street...
Hanwha seeks to buy Poongsan’s ammunition business for about $1.1 billion, newspaper says
South Korea’s largest defence firm, Hanwha Aerospace, submitted a bid to buy the defence business of ammunition maker Poongsan in a deal that could be worth around 1.5 trillion won ($1.1 billion), a South Korean...
OpenAI acquires tech talk show TBPN
ChatGPT-maker OpenAI has acquired online talk show TBPN. However, OpenAI did not reveal the terms of the deal. OpenAI confirmed that TBPN will remain editorially independent, keeping full control over its programming...
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90 billion
Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank’s presence in the fast-growing active ETF...
Amazon eyes $9 billion Globalstar deal to rival SpaceX’s Starlink, FT reports
Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX’s Starlink, the Financial Times reported on Wednesday...
