All articles tagged with #acquisition
GSK will acquire 35Pharma for $950 million in cash, gaining HS235, a potentially best-in-class activin signalling inhibitor in early clinical development for cardiopulmonary diseases including PAH and PH-HFpEF. HS235 aims to reduce bleeding risk and may offer metabolic benefits, expanding GSK’s RI&I portfolio with planned PAH and PH-HFpEF trials; the deal is subject to regulatory approvals.
Uber Technologies plans to acquire SpotHero, bringing SpotHero’s parking reservation network (over 13,000 locations in 400+ cities across the US and Canada) onto the Uber app to offer native parking for commuters, events, and airports, with potential parking benefits for Uber One members; the deal is expected to close in the first half of 2026, subject to regulatory approval and customary closing conditions.
Netflix co-CEO Ted Sarandos rebutted James Cameron's critique of Netflix's Warner Bros. acquisition, arguing Cameron misrepresents Netflix's theatrical commitments; he notes Cameron was supportive in their recent meeting and that Netflix discussed a 45-day window, while Cameron shifted focus to other topics. Sarandos is set to respond to follow-up Senate questions next week.
The Pokémon Company International agreed to acquire Excell Brands, a leading U.S. distributor and category management provider for trading cards and collectibles. The deal, expected to close after regulatory approvals, deepens a long-running partnership as Excell Brands’ largest U.S. distributor, and will invest in Excell’s capabilities while preserving its independent approach. Both companies celebrate 30th anniversaries this year and emphasize trust and shared values as they start a new chapter.
eBay will acquire Depop from Etsy for about $1.2 billion in cash, adding the Gen Z–focused, C2C fashion marketplace to its ecosystem. Depop reported roughly $1 billion in GMV in 2025, about 7 million active buyers (nearly 90% under 34) and over 3 million active sellers, and is expected to keep its brand after closing in Q2 2026, subject to regulatory approvals. Etsy will focus on its core marketplace, while eBay leverages its scale, cross-listing, shipping services and Authenticity Guarantee to accelerate Depop’s growth and expand fashion resale globally. The deal signals a key move in eBay’s C2C strategy to capture younger, fashion-forward buyers.
eBay agreed to acquire Depop from Etsy for about $1.2 billion in cash, aiming to tap a young, active user base (Depop reports 7 million buyers with roughly 90% under 34) and boost its presence in the growing secondhand fashion market. Depop will retain its brand and platform, and the deal is expected to close in Q2. Etsy had previously bought Depop for $1.6 billion in 2021 and plans to use the proceeds for general corporate purposes.
eBay will acquire Depop from Etsy for about $1.2 billion in cash, adding a leading Gen Z/Millennial-friendly C2C fashion marketplace to expand its resale and recommerce offerings. Etsy will focus on its core marketplace, Depop will keep its brand post-closing, and the transaction is expected to close in Q2 2026 pending regulatory approvals. The deal leverages eBay’s scale and services to accelerate Depop’s growth.
Neon, the Oscar-winning indie studio behind Parasite and Anora, is in talks to sell a substantial stake to Department M, a new production outfit formed by Mike Larocca and Michael Schaefer and backed by a consortium of private investors. Neon, founded in 2017 by Tom Quinn, has a credits list including international titles and the horror hit Longlegs, which grossed nearly $130 million. Department M’s slate reportedly includes Blood on Snow and a remake of The Hand That Rocks the Cradle. Both Neon and Department M declined to comment on the negotiations.
eBay will acquire Depop from Etsy for about $1.2 billion in cash, enabling Etsy to focus on its core marketplace; Depop remains popular with younger users, especially under 34. The deal is expected to close in Q2, and Etsy stock rose about 14% after hours on the news, while eBay gained on its own earnings report. Etsy had bought Depop for roughly $1.62 billion five years ago as part of a broader “house of brands” strategy, a path it appears to be unwinding as it faces growth and macro headwinds and competition from larger marketplaces.
Danaher will acquire Masimo for $180 per share in cash, valuing the deal at about $9.9 billion. The boards have approved the transaction, Masimo will become a standalone business unit and brand within Danaher’s Diagnostics segment, and the deal is expected to close in the second half of 2026 subject to regulatory approvals and other customary closing conditions.
Danaher announced a definitive agreement to acquire Masimo for $180 per share in cash, valuing Masimo at about $9.9 billion including debt and net cash. The deal, which translates to roughly 18x 2027 EBITDA (or 15x with expected synergies), would make Masimo a standalone operating company within Danaher’s Diagnostics segment. Masimo is expected to be accretive to adjusted diluted EPS by $0.15–$0.20 in the first full year and about $0.70 in year five, with long-term high-single-digit core revenue growth and over $530 million in EBITDA in 2027. Danaher also expects more than $125 million of annual cost synergies and over $50 million of annual revenue synergies by the fifth full year post-close. The transaction is targeted to close in the second half of 2026, subject to regulatory approvals, Masimo shareholder approval, and other customary conditions; financing will come from cash on hand and debt. Advisors named include Citi and Goldman Sachs for Danaher, with Kirkland & Ellis as legal counsel.
Warner Bros. Discovery's board is leaning toward renewing talks with Paramount Skydance on revised terms of its bid to buy the company, spurred by Paramount's latest offer that includes a quarterly premium for shareholders if the Netflix-WBD deal isn't completed by December 31, 2026; Netflix has the right to match superior offers, and representatives declined to comment as the sale process continues amid investor scrutiny and regulatory review.
E.W. Scripps is selling Court TV to the parent company of Law&Crime for under $125 million, with a three-year deal to keep it on basic cable. Law&Crime plans to expand Court TV’s reach via YouTube and social platforms, focusing on live trials and true-crime content, while retaining about a dozen Court TV employees (out of more than 50). The move aims to transform the legacy media asset into a digital-first property.
Japanese owner Kirin will sell Kentucky bourbon brand Four Roses to E&J Gallo Winery for up to $775 million (includes a $50 million earn-out), with closing targeted for Q2 2026; Gallo says there will be no immediate changes to Four Roses’ operations, production, or distribution, and the deal sets a Kentucky distillery price record as Kirin pivots away from spirits toward healthcare.
Apple is buying Israeli AI startup Q.ai for about $2 billion, its second-largest acquisition after Beats, signaling a push into imaging and machine learning to enhance Siri. Q.ai's tech allegedly analyzes facial expressions to infer silent speech, a capability Apple aims to integrate into its software stack; the deal was confirmed by Apple's Johny Srouji. Q.ai cofounder Aviad Maizels previously founded PrimeSense, whose tech underpins Face ID.