South Korea’s Hanwha Aerospace said in a regulatory filing on Thursday it has discontinued a review of whether to acquire Poongsan’s defence business unit. Hanwha, which has emerged as South...
International News
Ex-Rio Tinto CEO’s deep-sea mining firm to merge with Odyssey in $1 billion deal
A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one of the world’s largest portfolios of underwater...
Samsung Electronics’ shareholder Shinhan Bank launches $2.1 billion share sale – term sheet
Samsung Electronics shareholder Shinhan Bank launched a sale of about $2.1 billion worth of shares in the South Korean company, according to a term sheet seen by Reuters on Wednesday. Shinhan Bank is offering 15...
Bill Ackman’s Pershing Square proposes $64 billion merger deal with Universal Music Group
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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
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Nvidia acquisition of SchedMD sparks worry among AI specialists about software access
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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
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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...
