AbbVie said on Monday it would acquire privately held cell therapy developer Capstan Therapeutics in a deal worth up to $2.1 billion, expanding its product pipeline with experimental treatments for autoimmune diseases...
UK’s Oakley Capital to sell legaltech platform vLex to Clio at $1 billion valuation
British private equity firm Oakley Capital Investments said on Monday it has agreed to sell its legal technology platform vLex to legal software provider Clio in a deal valuing the Spanish start-up at $1 billion.
Star Entertainment’s Queen’s Wharf stake exit deal collapses
Australia’s Star Entertainment said it had received a notice from Hong Kong’s Far East Consortium International and Chow Tai Fook Enterprises to terminate the deal to sell its 50% stake in its Queen’s...
Global M&A powered by larger deals in first half; bankers show appetite for megadeals
Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in U.S. markets could be paving the way for megadeals...
Meta in talks to acquire voice cloning startup PlayAI: Report
Meta is in advanced talks to acquire voice cloning startup PlayAI as the social media giant maintains focus on acquiring top AI talent, according to a Bloomberg report. PlayAI, a Palo Alto, California-based startup...
RTL buys Sky Deutschland in deal to take on US streaming giants
European broadcaster RTL Group said on Friday it would buy Sky Deutschland, in a deal that combines Sky’s sports and streaming offerings with RTL’s news and entertainment brands to create a business with 11...
Reinet Investments in talks to sell stake in UK insurer PIC
Luxembourg-based investment vehicle Reinet Investments said on Friday it was in talks for the potential disposal of its nearly 50% interest in UK insurer Pension Insurance Corporation (PIC). The firm did not provide...
Dutch watchdog clears DPG’s acquisition of RTL Nederland
Dutch competition watchdog ACM said on Friday it had cleared RTL Group’s sale of its Dutch subsidiary RTL Nederland to Belgium-based DPG Media, under conditions meant to protect the independence of involved news...
GE Vernova explores sale of Proficy software unit, Bloomberg News reports
U.S. power equipment maker GE Vernova is exploring the sale of its industrial software business, Proficy, in a deal that could fetch as much as $1 billion, Bloomberg News reported, on Friday, citing people familiar with...
Miami’s Brickell City Centre sold to Simon Property in up to $548.7 million deal
U.S.-based shopping mall owner Simon Property Group has acquired the parking and retail segments of Miami’s Brickell City Centre for up to $548.7 million from Swire Properties, the Hong Kong-listed company said on...
Meta in talks to acquire AI voice startup PlayAI for talent push
Meta Platforms Inc. is in advanced talks to acquire PlayAI, a small startup using artificial intelligence to replicate voices, part of the social media company’s push to nab top talent and catch up in the AI race. ...
UK Mobile Bank Starling Looking to Buy a US Lender in Expansion
Starling Bank, one of the UK’s largest mobile-only banks, is looking to buy a nationally chartered bank in the US to continue the firm’s expansion in the market, according to a person with knowledge of the matter. The...
