All articles tagged with #acquisition
Netflix is preparing an all-cash bid to acquire Warner Bros. Discovery’s studios, HBO/HBO Max, and games unit in a deal with an enterprise value around $82.7 billion, shifting away from the original cash-and-stock structure; Paramount Skydance is pursuing a rival all-cash bid and has sued to obtain financial details, while Netflix’s stock has slid since the deal was announced.
U.S. Bancorp announced a definitive agreement to acquire BTIG, expanding its capital-markets capabilities with BTIG’s institutional trading, investment banking, research and prime brokerage. The deal is valued at up to $1 billion, with about $725 million in base consideration ($362.5 million cash and 6.6 million U.S. Bancorp shares) and up to $275 million in additional cash over three years, and is expected to close in Q2 2026 subject to regulatory approvals. BTIG leadership will remain in place; the transaction is expected to have negligible 2026 EPS impact and a roughly 12 basis point decrease in the CET1 capital ratio, with no near-term change to capital returns.
OpenAI has agreed to acquire Torch, a one-year-old AI healthcare app, for about $100 million in equity (roughly $60 million upfront with the rest in stock to retain employees), a move that extends OpenAI’s reach into health-data analysis from providers like Kaiser Permanente to apps like Apple Health and firms such as Prenuvo.
President Trump intensifies talk of acquiring Greenland, insisting the United States should own the autonomous territory rather than lease it and warning that, if not, Russia or China will. He teases a hard-edged approach, including potential troops and expanded bases, while Greenland and Denmark push back and NATO concerns loom. No concrete offer has been publicly made.
Maxis says its core values and The Sims' single-player focus will remain intact after an investor-led $55 billion acquisition of EA, with upcoming Project Rene described as a mobile-first multiplayer title.
Keystone Cement, a 100-year-old company in Pennsylvania, is being acquired by Virginia-based Titan America in a $310 million deal, marking its second ownership change in less than a year and expanding Titan's presence in the Mid-Atlantic region.
Merck is in negotiations to acquire biotech firm Revolution Medicines, with the deal not yet finalized and other bidders potentially involved, causing Revolution's shares to rise.
Merck is in negotiations to acquire Revolution Medicines, a cancer drug developer, for up to $32 billion, signaling a significant move in the biotech and pharmaceutical industry.
Snowflake plans to acquire Observe to enhance its AI Data Cloud with AI-powered observability solutions, enabling faster troubleshooting, open-standard architecture, and cost-effective telemetry data retention for large-scale AI applications.
Paramount reaffirmed its commitment to acquire Warner Bros. Discovery with a superior $30 per share all-cash offer, criticizing WBD's current deal with Netflix as less valuable and emphasizing the certainty and full financing of Paramount's bid, despite WBD's decision not to engage.
Eli Lilly is acquiring Ventyx Biosciences in a $1.2 billion all-cash deal to enhance its pipeline of oral therapies targeting inflammation-related diseases across various medical fields, aiming to address high unmet medical needs.
China is reviewing Meta's $2 billion purchase of the AI startup Manus, raising regulatory questions about the deal.
Eli Lilly is in advanced negotiations to acquire Ventyx Biosciences for over $1 billion, which would expand Lilly's portfolio to include treatments for inflammatory bowel diseases and other conditions, with an announcement expected soon.
Hg Capital is acquiring financial software company OneStream in a $6.4 billion all-cash deal, resulting in a 28% jump in OneStream's shares. The deal includes minority investments from General Atlantic and Tidemark, and aims to accelerate AI-driven financial forecasting innovations. This follows OneStream's recent IPO and reflects ongoing recovery in global M&A activity despite economic uncertainties.
Pattern Energy is set to acquire Cordelio Power, expanding its renewable energy portfolio across the US and Canada with 1,550 MW of wind, solar, and storage projects, strengthening its position in North America's clean energy sector.