mergers-and-acquisitions News
Brookfield Business Partners Surges on $900M Fosber Acquisition
The deal for the high-tech packaging firm represents nearly 30% of BBU's market cap, signaling a major strategic push into advanced industrial machinery.
Leggett & Platt Surges on $1.39 Billion Unsolicited Bid from Somnigroup
The all-stock offer values the manufacturing giant at a 17% premium, testing the board of the recently struggling Dividend Aristocrat.
Alkermes Wins Avadel Takeover Battle as Lundbeck Withdraws
Shares of the biopharmaceutical firm climb after it emerges as the sole suitor for Avadel, securing the narcolepsy drugmaker in a deal valued at up to $2.37 billion.
Avadel Shares Fall as Lundbeck Ends Bidding War
Alkermes' $2.1 billion acquisition set to proceed after Danish drugmaker withdraws its competing offer, capping near-term upside for the narcolepsy drug maker.
Puma Shares Soar on Takeover Talk, Sparking Sector-Wide M&A Buzz
A report of interest from China's Anta Sports sent the German sportswear maker's stock up over 13%, highlighting consolidation pressures in a challenged apparel market.
Teck Surges as Key Proxy Firms Endorse Anglo American Merger
Influential advisors ISS and Glass Lewis recommend shareholders approve the deal, citing significant value creation and strategic benefits.
Patria Boosts Credit Arm with $3.5B Solis Investimentos Deal
The Latin American investment firm acquired a 51% stake in the Brazilian asset manager, significantly expanding its footprint in the region's structured credit market.
Scripps adopts 'poison pill' to fend off Sinclair's takeover bid
The defensive move follows an unsolicited $7-per-share offer from the rival broadcast group, which has built a nearly 10% stake in Scripps.