Britain’s Octopus Energy acquired on Wednesday the French business of Sweden-based OX2 that develops solar power plants on agricultural land, with Octopus planning to retain the French team and add to the current...
Uruguay’s DLocal CEO Eyes Acquisition, Denies Fintech Is On Sale
Payment services provider DLocal Ltd. is analyzing whether to buy a smaller fintech rival this year after the company itself was the target of takeover proposals, Chief Executive Officer Pedro Arnt said in an interview...
Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase...
Canada clears $34 billion Bunge-Viterra merger with conditions
Canada on Tuesday approved with conditions U.S. grains merchant Bunge’s $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is...
GeoPark terminates acquisition of Repsol’s Colombian oil and gas assets
GeoPark will not go ahead with its planned $530 million acquisition of Spain-based Repsol’s oil and gas production assets in Colombia, the company said on Tuesday. The acquisition, announced in November, included...
Pfizer to cut stake in Sensodyne-maker Haleon to 7.3%, says bookrunner
Pfizer is looking to sell about 700 million ordinary shares in Haleon, its bookrunner J.P. Morgan said on Tuesday, lowering its stake in the British consumer healthcare company to about 7.3% from 15%. The sale...
J&J to acquire psychiatric drugs maker Intra-Cellular for $14.6 billion
Johnson & Johnson agreed to acquire Intra-Cellular Therapies Inc, a company focused on treatments for central nervous system disorders, for about $14.6 billion. J&J will pay $132 a share, the company said in a...
Bill Ackman proposes merger between Howard Hughes, Pershing unit
Billionaire investor Bill Ackman said on Monday Pershing Square was increasing its stake in Howard Hughes Holdings by $1 billion and that the real estate developer plans to buy back shares for an additional $500 million...
Bakery franchise chain Crumbl explores $2 billion sale, sources say
The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including debt, according to people familiar with the matter. The Lindon, Utah-based bakery franchise chain is...
Clearwater to buy software maker Enfusion for $1.5 bln in expansion push
Clearwater Analytics has agreed to acquire Enfusion in a $1.5 billion cash-and-stock deal as the financial software maker looks to bolster its international presence and enter the hedge fund industry. Enfusion...
Hospital operator Prospect Medical files for bankruptcy
Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California operations. The privately owned healthcare...
Eli Lilly to buy Scorpion Therapeutics’ cancer therapy for up to $2.5 billion
Eli Lilly said on Monday it plans to buy Scorpion Therapeutics’ experimental cancer therapy for up to $2.5 billion in cash to expand its pipeline of cancer treatments. The company will acquire Scorpion’s...
