Big Deal

Boston Scientific Acquires Penumbra In $14.5 Billion Bet To Dominate Thrombectomy

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Coca-Cola Drops Costa Coffee Sale After Private Equity Bids Fall Short: Report

Coca-Cola has scrapped plans to sell its Costa Coffee chain after private equity bids, including from TDR Capital and Bain Capital, fell below the beverage giant's £2 billion valuation target—roughly half the £3.9 billion it paid in 2019. ...

Toyota Motor Raises Take-Private Offer for Largest Subsidiary to $34 Billion: Strategic Pivot in EV Era

Toyota Motor Corporation has sweetened its **take-private offer** for its biggest subsidiary, **Denso Corporation**, boosting the bid to approximately $34 billion amid intensifying pressure to streamline operations and accelerate **electrification...

Netflix Reportedly Prepares All-Cash Bid For Warner Bros. As Paramount Turns Up Heat On Takeover Battle

```html Netflix is amending its Warner Bros. Discovery acquisition offer to an all-cash structure, signaling renewed commitment to a deal now valued at approximately $82.7 billion for the company's studios and streaming assets. The move comes as...

Blackstone to Offer Private Investments in Empower 401(k)s: Democratizing Alternatives for Retirement Savers

Blackstone, the world's largest alternative asset manager with over $1.2 trillion in assets under management, has partnered with Empower to integrate private equity, private credit, infrastructure, and real estate strategies into 401(k) plans via...

Health & Life Sciences

GSK Acquires Rapt Therapeutics for $2.2 Billion to Secure Food Allergy Drug Ozureprubart

GSK agreed to acquire Rapt Therapeutics for $58 per share in cash, valuing the clinical-stage biotech at $2.2 billion in equity and requiring a net cash commitment of $1.9 billion after accounting for Rapt's cash position. Set and exceed synergy...

AstraZeneca CFO Outlines M&A Strategy Amid Surging Obesity Drug Demand

AstraZeneca's chief financial officer emphasized disciplined **M&A strategy** in pharmaceuticals, targeting bolt-on acquisitions to bolster its oncology and rare disease portfolios while eyeing opportunities in the **obesity market** projected to...

Sanofi Prepares Higher Bid for Ocular Therapeutix After $16/Share Rejection

Sanofi is revising its takeover offer for Ocular Therapeutix after the U.S. biotech rejected the French drugmaker's initial $16 per share proposal, according to recent filings and market reports. Ocular's shares trade at $11.07, implying a $2.36...

Boston Scientific Acquires Penumbra In $14.5 Billion Bet To Dominate Thrombectomy

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J&J Wins Partial Reversal of $1B Merger Milestone Loss: Implications for **Earnout Disputes** in Medtech M&A

Johnson & Johnson (NYSE: JNJ) secured a partial victory from Delaware's Supreme Court, overturning a key element of a $1 billion damages award tied to its 2019 $3.4 billion acquisition of surgical robotics firm Auris Health, with the case...