M&A Archives - Page 26 of 448

2 minute read

MorphoSys Says Novartis Deal Progressing Steadily Despite Safety Concerns Over Bone Marrow Cancer Drug, Pelabresib

April 29, 12:36 PM

MorphoSys faces safety concerns over pelabresib, a myelofibrosis treatment. Physicians report patients transitioning rapidly to acute myeloid leukemia. FDA alerted. Novartis acquisition proceeds despite setbacks.

MOR

1 minute read

Why Is Cancer Focused Deciphera Pharmaceuticals Stock Skyrocketing On Monday?

By Vandana Singh

April 29, 12:17 PM

ONO Pharmaceutical to acquire Deciphera Pharmaceuticals for $2.4B in cash. Deciphera brings specialized R&D in kinase drug discovery, commercial platforms, and a pipeline of cancer drugs including QINLOCK. Acquisition expected to close Q3 2024.

DCPH

2 minute read

UMB Financial Is Down After Largest Acquisition In Its 111-Year History – Here’s Why

By Lekha Gupta

April 29, 11:52 AM

UMB Financial shares down after inking acquisition deal, pricing offering, and reporting Q1 FY24 results.

HTLF

2 minute read

“Skydance Offers Paramount A Deal Sweetener: A $3B Cash Infusion; The Terms Of The New Deal Would Provide Paramount Shareholders With An Investment To Pay Down Debt And Buy Back Stock” – NY Times

By Benzinga Newsdesk

April 29, 11:45 AM

https://www.nytimes.com/2024/04/29/business/media/skydance-paramount-deal.html?searchResultPosition=2 With the fate of Paramount hanging in the balance, its leading suitor has just upped the ante.Skydance, which has

PARA

2 minute read

Las Vegas Cannabis Powerhouse Planet 13 On Verge Of Major Florida Expansion Via $49M Deal

By Jelena Martinovic

April 29, 11:09 AM

Las Vegas-based cannabis giant Planet 13 Holdings Inc. is a step closer to a major expansion in Florida.The Florida Office of Medical Marijuana Use (OMMU) gave the green light to Planet 13 for the proposed sale of Planet 13 Florida, Inc. and the acquisition of VidaCann, LLC. The sale of Planet 13 Florida, which owns a medical marijuana treatment center license issued by the Florida Department of Health to SGW FL Enterprises, LLC, was a closing condition to the company's proposed acquisition of VidaCann. Planet 13 first announced that it had entered into a membership interest purchase agreement to acquire all of the ownership interests of VidaCann in August for $48.9 million.

CSE:PLTH

3 minute read

Hope Bancorp And Territorial Bancorp Announce Definitive Merger Agreement; Territorial Shareholders Will Receive A Fixed Exchange Ratio Of 0.8048 Shares Of Hope Bancorp Common Stock In Exchange For Each Share Of Territorial Common Stock They Own, In A…

By Benzinga Newsdesk

April 29, 9:02 AM

Hope Bancorp, Inc. ("Hope Bancorp") (NASDAQ:HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. ("Territorial") (NASDAQ:TBNK), the stock holding company of Territorial Savings Bank, today jointly

HOPE

2 minute read

Nuvo Group Ltd., Nears Closure Of Business Combination With LAMF Global Ventures Corp. I; Expect Business Combination Will Close On Or About May 1, 2024

By Benzinga Newsdesk

April 29, 8:39 AM

Nuvo and LAMF expect business combination will close on or about May 1, 2024TEL AVIV, Israel and LOS ANGELES, April 29, 2024 /PRNewswire/ -- Nuvo Group Ltd., a limited liability company organized under the laws of

LGVC

1 minute read

Owens Corning Announces Expiration Of Hart-Scott-Rodino Waiting Period For Planned Acquisition Of Masonite

By Benzinga Newsdesk

April 29, 8:24 AM

Owens Corning (NYSE:OC), a leader in global building and construction materials, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") in

DOOR

1 minute read

WEC Energy Group To Acquire 90% Ownership Of Delilah I Solar Energy Center; Investment Is Expected To Total $459M For The 90% Ownership Interest

By Benzinga Newsdesk

April 29, 8:09 AM

WEC Energy Group (NYSE:WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.Delilah I is a 300-megawatt project located approximately 140 miles

WEC

1 minute read

M&A
News

Donaldson to Acquire 49% Stake in Medica, Financial Terms Undisclosed

By Benzinga Newsdesk

April 29, 7:06 AM

Donaldson Company, Inc. (NYSE:DCI) (Donaldson or the Company), a leading worldwide provider of innovative filtration products and solutions, today announced it has entered into a definitive agreement allowing the Company

DCI