mergers-and-acquisitions News

Cenovus Revamps MEG Energy Bid, Securing Key Rival's Support
Mergers & Acquisitions
5mo ago

Cenovus Revamps MEG Energy Bid, Securing Key Rival's Support

Sweetened offer and strategic asset sale to Strathcona Resources pave the way for $8.5 billion oil sands merger, breaking previous deadlock.

Novo Nordisk's $5.2B Akero Deal Fuels Biotech M&A Speculation
Mergers & Acquisitions
5mo ago

Novo Nordisk's $5.2B Akero Deal Fuels Biotech M&A Speculation

Acquisition for promising liver disease drug signals big pharma's growing appetite for mid-cap assets, sparking investor optimism in the MASH treatment space.

Novartis’s M&A Hunt Puts RNA Leaders Like Avidity in the Spotlight
Mergers & Acquisitions
5mo ago

Novartis’s M&A Hunt Puts RNA Leaders Like Avidity in the Spotlight

With a multi-billion-dollar war chest, the Swiss drugmaker is under pressure to acquire innovative platforms, and Avidity's targeted RNA technology presents a compelling strategic fit.

Novartis to Buy Avidity Biosciences in $12B Deal for RNA Drugs
Mergers & Acquisitions
5mo ago

Novartis to Buy Avidity Biosciences in $12B Deal for RNA Drugs

The all-cash offer of $72 per share represents a 46% premium, bolstering the Swiss drugmaker's pipeline with promising treatments for muscular dystrophy.

Plymouth REIT to Go Private in $2.1B Deal with Makarora, Ares
Mergers & Acquisitions
5mo ago

Plymouth REIT to Go Private in $2.1B Deal with Makarora, Ares

Shareholders to receive $22.00 per share in an all-cash transaction, representing a nearly 50% premium over the REIT's unaffected stock price.

Eli Lilly to Acquire Adverum Bio in Deal Valued Up to $12.47/Share
Mergers & Acquisitions
5mo ago

Eli Lilly to Acquire Adverum Bio in Deal Valued Up to $12.47/Share

The acquisition bolsters Lilly's gene therapy pipeline with Adverum's late-stage treatment for wet age-related macular degeneration, Ixo-vec.

Nicolet Bankshares to Acquire MidWestOne in $864M All-Stock Deal
Mergers & Acquisitions
5mo ago

Nicolet Bankshares to Acquire MidWestOne in $864M All-Stock Deal

The merger creates a $15 billion regional banking powerhouse in the Upper Midwest, announced alongside strong Q3 earnings from both banks.

RaceTrac to Acquire Potbelly for $566 Million in Food-Service Push
Mergers & Acquisitions
5mo ago

RaceTrac to Acquire Potbelly for $566 Million in Food-Service Push

The all-cash deal at $17.12 per share marks the convenience store giant's aggressive expansion into the fast-casual restaurant sector, taking the sandwich chain private.