AbbVie said on Monday it would buy Apogee Therapeutics for $10.9 billion, the company’s largest buyout in more than five years, as it seeks to bolster its treatment pipeline for inflammatory diseases like atopic...
Reuters.com
CRH in $8.5 billion Arcosa deal to ride North America infrastructure boom
Ireland’s CRH said on Monday it would acquire U.S.-based Arcosa in an all-cash deal valued at about $8.5 billion, bolstering its North American business and expanding its exposure to U.S. infrastructure demand...
German satellite maker OHB launches share sale with KKR
German satellite maker OHB said on Monday it was launching a share sale with KKR to bring in new investors and seek a higher valuation as interest in space stocks rises after Elon Musk’s blockbuster SpaceX...
Qualcomm nearing deal for AI chip startup Modular, Bloomberg News reports
Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing the AI chip company at about $4 billion, Bloomberg News reported on Monday, citing people familiar with the matter. If completed, the...
Qatar sovereign wealth fund to invest $75 million in Doncasters ahead of NYSE debut
Qatar’s sovereign wealth fund is placing a $75 million bet on aerospace precision parts maker Doncasters Group ahead of its U.S. listing. The Qatar Investment Authority (QIA) agreed to buy the shares at the IPO...
EasyJet holds out for higher Castlelake bid after rejecting offer, FT reports
EasyJet and its investors are holding out for at least £600 million ($794.46 million) more from U.S. suitor Castlelake, the Financial Times reported on Monday, citing leading shareholders and people with knowledge of...
Lloyds weighs bid for Aldermore as South Africa’s FirstRand seeks exit, Sky News reports
Lloyds Banking Group is exploring a potential takeover of Aldermore, the lender being sold by South Africa’s FirstRand amid a motor finance mis-selling scandal engulfing Britain’s banking sector, Sky News...
KNDS family owners to sell 40% stake to German government, source says
The families that own half of tank maker KNDS have agreed to sell a 40% stake to the German government, according to a source familiar with the matter, in a deal that clears the final hurdle for the company to list on...
AbbVie nears $11 billion deal for Apogee Therapeutics, FT reports
AbbVie is nearing a deal to acquire inflammatory disease drug developer Apogee Therapeutics for about $10.9 billion in cash, the Financial Times reported on Friday, citing people familiar with the matter. The deal...
Accent Group’s independent board committee urges shareholders to reject Frasers’ takeover offer
Australia’s Accent Group said on Monday that an independent board committee comprising all but one of its directors recommended to reject the A$390.8 million ($274 million) takeover offer from its top...
Danone to buy Australia’s food and beverage company MADE Group
French food giant Danone said on Monday it will acquire Australian company MADE Group for an undisclosed amount, strengthening its dairy business in the Asia-Pacific region. In a statement, Danone added it would...
Abu Dhabi’s MGX weighs multi-billion deal for data center operator DayOne, sources say
Abu Dhabi-backed artificial intelligence investor MGX has been exploring buying Singapore-based data centre operator DayOne, three sources said, in what would mark a major step in its global expansion into the...
