M&A Archives - Page 65 of 448

1 minute read

“Nippon Steel Sends Delegation To Washington To Gauge U.S. Steel Deal; Steel Is Very Important To National Security, Says White House Adviser Brainard” – Nikkei Asia

January 23, 1:58 PM

https://asia.nikkei.com/Economy/Trade/Nippon-Steel-sends-delegation-to-Washington-to-gauge-U.S.-Steel-deal WASHINGTON -- Nippon Steel sent a delegation to Washington last week to meet with lawmakers and think

EWJ

1 minute read

M&A
News

Naya Biosciences To Acquire Florida Biotechnologies For $20M Shares Of NAYA Post-Merger With INVO; Florida Biotechnologies Eligible For Additional $5M Upon Certain Milestones Achievement

By Benzinga Newsdesk

January 23, 9:47 AM

NAYA to accelerate Phase II clinical development and Early Patient Access after initial safety demonstrated in 28-patient clinical trialProgram developed by Florida Biotechnologies, Inc. & the University of Miami's

INVO

2 minute read

French Drugmaker Sanofi Agrees To Buy Inhibrx’s Candidate For Rare Genetic Indication, For About $2.2B

By Vandana Singh

January 23, 9:00 AM

Sanofi's strategic acquisition of Inhibrx's INBRX-101, a alpha-1 antitrypsin therapy in a registrational trial. Learn about the $2.2B merger details and Inhibrx Biosciences' spin-off. Closing expected in Q2 2024.

INBX

2 minute read

On Jan 22, Six Flags Entertainment Corp And Cedar Fair Each Received A Request For Additional Information And Documentary Materials From DOJ

By Benzinga Newsdesk

January 23, 8:55 AM

- SEC FilingAs previously announced, on November 2, 2023, Cedar Fair, L.P., a Delaware limited partnership ("Cedar Fair") entered into an Agreement and Plan of Merger (the "Merger Agreement" and the transactions

FUN

2 minute read

Olympic Sponsor Sanofi Makes Major Play In Rare Disease Arena $2.2 Billion Acquisition Of Inhibrx Project

By Benzinga Neuro

January 23, 8:46 AM

Following the acquisition, New Inhibrx will continue to operate under the "Inhibrx" name, with Mark Lappe as Chairman and CEO.

INBX

2 minute read

From Wind To Watts: TotalEnergies Makes Waves In European Offshore With New Buyout & Deal

By Lekha Gupta

January 23, 8:15 AM

TotalEnergies acquires German battery storage developer Kyon Energy and expands offshore wind projects in Denmark, Finland, and Sweden.

TTE

1 minute read

M&A
News

Inhibrx Sells INBRX-101 To Sanofi For Up To $2.2B, Spins Off New Company With All Non-101 Assets And Liabilities

By Benzinga Newsdesk

January 23, 2:09 AM

Inhibrx, Inc. shareholders will receive per share consideration of $30 per share in cash, a CVR equal to $5, plus 0.25 shares in New Inhibrx, a new publicly traded company that retains all non-101 assets

INBX

1 minute read

Comerica Analyst No Longer Bullish, Sees ‘Attractive Attributes In Coming M&A Cycle’

By Priya Nigam

January 22, 1:15 PM

Shares of Comerica Incorporated (NYSE: CMA) fell in premarket trading on Monday, after the company last week reported its fourth-quarter earnings.

CMA

2 minute read

Roomba Maker iRobot Struggles with Potential EU Rejection of Amazon Acquisition and Falling Sales, Analyst Says

By Anusuya Lahiri

January 22, 1:04 PM

IRobot (NASDAQ: IRBT) stock fell to 52-week lows as EU regulators may reject Amazon's planned acquisition. Analyst expects $94M if deal breaks.

AMZN

1 minute read

Why NuStar Energy Shares Are Rocketing Today

By Lekha Gupta

January 22, 12:39 PM

NuStar Energy's shares surge as Sunoco announces a $7.3 billion all-equity acquisition. NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium based on the 30-day VWAP as of January 19, 2024.