A Fourth Estate® Service

Monday, January 18, 2021

merger, acquisition and takeover

Eli Lilly Will Buy Prevail in $1 Billion Deal

Eli Lilly announced on Tuesday morning that it would buy Prevail Therapeutics in a deal potentially valued at $1.04 billion, in order to expand...

Reddit Will Buy Dubsmash

Social network platform Reddit announced on Sunday that it would buy short-video platform Dubsmash, becoming the latest firm to expand in a space dominated...

AstraZeneca Will Buy Alexion for $39 Billion

UK’s AstraZeneca announced on Sunday it had agreed to buy US drugmaker Alexion Pharmaceuticals for $39 billion in its largest-ever deal, diversifying away from...

MSP Sports Capital Buys into McLaren Racing

US-based investment group MSP Sports capital is negotiating a significant minority stake in McLaren Racing, representing a deal that the Formula One team said...

Moncler Buys Rival Stone Island for $1.4 Billion

Italian luxury jacket maker Moncler has agreed to purchase its smaller domestic rival Stone Island in a 1.15 billion euros ($1.4 billion) cash and...

Salesforce Buys Chat Software Developer Slack for $27.7 Billion

Salesforce confirmed that it has agreed to purchase workplace messaging service Slack in a $27.7 billion cash and stock megadeal, marking the largest acquisition...

Softbank Buys 10 Percent Stake in Sinch

Softbank-owned SB Management bought a 10.1 percent stake in Swedish cloud computing services provider Sinch on Tuesday morning, acquiring stakes from some major shareholders...

Western Union Buys 15 Percent Stake in STC Group

World’s largest money transfer company Western Union has acquired a 15 percent stake in the digital payment unit of Saudi Arabia’s telecommunications giant STC...

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