Merck on Wednesday agreed to buy privately held biotech EyeBio for as much as $3 billion, as it looks to diversify its portfolio of experimental drugs with treatments for eye diseases. The drugmaker agreed to pay $1.3...
Merck nears $1.3 bln cash deal for eye-drug company EyeBio, WSJ reports
Merck & Co is nearing a $1.3 billion cash deal to buy ophthalmology biotechnology company Eyebiotech in an agreement that could see an additional $1.7 billion in milestone payments, the Wall Street Journal reported...
Amid merger speculation, Brazilian airline Gol parent talks with Azul
The parent company of Brazilian airline Gol has started talks with rival Azul to “explore opportunities,” both airlines said on Monday, following media reports earlier this year that pointed to a potential...
Vista Outdoor to sell sporting unit for $1.96 bln after Czechoslovak Group raises offer
Vista Outdoor said it had agreed to sell its sporting products business to Czechoslovak Group (CSG) for $1.96 billion, after the Prague-based defense firm raised its offer to acquire the unit from the company. The...
Adam Neumann ends bid to buy WeWork, NYT Dealbook reports
Adam Neumann has ended his bid to re-acquire WeWork as the coworking business he co-founded has chosen to emerge from bankruptcy with an “unrealistic” plan, he told the New York Times Dealbook on Tuesday...
KKR-SingTel consortium frontrunner to buy $1 bln stake in data centre provider, sources say
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia’s biggest data centre providers, two...
German vice chancellor remains committed to TenneT takeover, reports Rheinische Post
German vice chancellor and economics minister Robert Habeck remains committed to the takeover of Dutch grid operator TenneT, German newspaper Rheinische Post reported on Wednesday. “I still think it makes sense...
Energy Capital Partners to acquire Atlantica for $2.56 bln
Private equity firm Energy Capital Partners will buy Atlantica Sustainable Infrastructure for $2.56 billion in cash, the utility said on Tuesday, in a deal that will give its biggest shareholder funds to lower its debt...
Hess shareholders approve merger with Chevron
Hess Corp approved the company’s $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of...
Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder
Riot Platforms said on Tuesday it has offered to acquire all outstanding shares of Bitfarms for about $950 million in total equity value, even after a private proposal was rejected by the crypto miner’s board last...
ABN Amro to buy German lender Hauck Aufhäuser Lampe for $730 million
Dutch lender ABN Amro has agreed to buy private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million), strengthening its position as one of the top three wealth management firms in Germany. The sale by...
Saudi Arabia plans Aramco share sale as soon as June, sources say
Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals, two people familiar with the matter said. The offering...
