M&A Archives - Page 31 of 448

2 minute read

Eli Lilly Aims To Close Supply-Demand Gap For Zepbound/Mounjaro As It Acquires Manufacturing Facility From Nexus Pharma

April 22, 2:21 PM

Eli Lilly expands its global manufacturing network with FDA-approved facility acquisition in Pleasant Prairie, Wisconsin. Boosting production to meet growing demand for medicines, including GLP-1 drugs.

LLY

2 minute read

‘Jana Partners, In Letter, Urges Wolfspeed To Consider A Possible Sale, Other Strategic Alternatives To Boost Share Price’ – Reuters News

By Benzinga Newsdesk

April 22, 1:03 PM

Activist investor Jana Partners is urging the world's largest maker of silicon carbide Wolfspeed Inc WOLF.N to explore all ways to improve shareholder value, including a potential sale, according to a letter reviewed by Reuters.

WOLF

1 minute read

Brera Holdings Comments On Top-Level Italian Professional Football Team Acquisition Reports; Says We Can Confirm At This Time That We Have Initiated And Are Well Along On This Process With Several Top Caliber And Storied Teams

By Benzinga Newsdesk

April 22, 12:45 PM

Brera Holdings PLC ("Brera Holdings," "Brera" or the "Company") (NASDAQ:BREA) has been asked to respond to several third-party publications that have reported on Brera's efforts to acquire a top-level Italian

BREA

1 minute read

Wired for Success: Mueller Industries Acquires Illinois-Based Nehring Electrical Works

By Shivani Kumaresan

April 22, 10:59 AM

Mueller Industries announces its strategic move to acquire Nehring Electrical Works Company, a key player in wire and cable solutions. With Nehring's $400 million annual net sales, this $575 million deal signals Mueller's strong commitment to expanding its footprint in critical infrastructure sectors, as CEO Greg Christopher emphasizes.

MLI

1 minute read

Matterport Stock Soars On CoStar Group Takeover Deal: The Details

By Adam Eckert

April 22, 10:29 AM

Matterport has entered into a definitive agreement in which CoStar Group will acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion.

MTTR

2 minute read

Curaleaf Boosts International Presence With Another Cannabis Acquisition

By Jelena Martinovic

April 22, 10:18 AM

Cannabis giant Curaleaf Holdings is closing its previously announced acquisition of Northern Green Canada, a vertically integrated Canadian licensed cannabis producer focused primarily on expanding in the international market through its EU-GMP certification. Terms of the acquisition of NGC include an initial payment at closing of the company's subordinate voting shares valued at approximately $16 million, subject to a typical post-closing adjustment. In addition, an earnout may also be paid in 2025 based upon the 2024 performance of NGC's operations, up to 50% of which will be cash and the rest paid in additional subordinate voting shares.

CURLF

2 minute read

What’s Going On With Albertsons Stock Post Q4 Results & Updated Divestiture Plan?

By Shivani Kumaresan

April 22, 10:09 AM

Explore Albertsons Companies' fourth-quarter FY23 performance, marked by a 0.4% year-on-year sales uptick to $18.34 billion. Despite missing analyst estimates, the company saw a 1.0% rise in identical sales, alongside a notable 24% surge in digital sales.

ACI

2 minute read

Eli Lilly Acquires New Injectable Medicine Manufacturing Facility From Nexus Pharmaceuticals; Lilly Estimates That Production At Injectable Medicine Manufacturing Facility Could Begin At The End Of 2025; No Financial Terms Disclosed

By Benzinga Newsdesk

April 22, 10:06 AM

Upon completion, this acquisition will expand Lilly's growing U.S. capacity to produce the latest life-changing medicinesEli Lilly and Company (NYSE:LLY) and Nexus Pharmaceuticals, LLC today announced a

LLY

2 minute read

Flynn Group Expands Portfolio Through Acquisition Of Applebee’s Restaurants; Signs Agreement With Applebee’s To Open 25 New Restaurants

By Benzinga Newsdesk

April 22, 10:05 AM

Flynn Group expands portfolio with acquisition of 26 Applebee's restaurants across Florida and Georgia from Applebee's Franchisee, Doherty Enterprises;World's largest restaurant franchise operator planning to open 25 new

DIN

2 minute read

What’s Going On With Salesforce and Informatica Stock Monday?

By Anusuya Lahiri

April 22, 9:27 AM

Salesforce Inc (NYSE: CRM) discontinues negotiations to acquire Informatica Inc (NYSE: INFA) due to disagreements on the acquisition terms. Talks were close to making it one of Salesforce's most significant purchases, as per sources familiar with Reuters.

ARM