CAMBRIDGE — Repare Therapeutics Inc (RPTX.O), a clinical-stage precision oncology firm, said on Saturday it has agreed to be acquired by nonprofit biotech XenoTherapeutics Inc and its affiliate Xeno Acquisition Corp in an all-cash transaction that includes contingent value rights (CVRs) tied to future proceeds. Under the terms of the definitive arrangement agreement, Repare shareholders…
Author: NNR
Postman acquires liblab
SAN FRANCISCO – Postman, the world’s leading API collaboration platform, said on Saturday it has acquired liblab, a developer-focused startup that automates the generation and maintenance of Software Development Kits (SDKs), as part of its strategy to streamline the entire API lifecycle. The deal, terms of which were not disclosed, will integrate liblab’s “SDKs-as-a-service” technology…
Teamshares to go public via $746 million merger with Live Oak Acquisition Corp
NEW YORK — Teamshares Inc., a tech-enabled acquiror of small-to-medium-sized enterprises (SMEs), said on Saturday it will go public through a merger with blank-check firm Live Oak Acquisition Corp. V (NASDAQ: LOKV) in a deal valuing the combined company at $746 million. The business combination includes a $126 million private investment in public equity (PIPE)…
Merck to acquire Cidara Therapeutics for $9.2 billion
SAN DIEGO – Merck & Co Inc (NYSE: MRK), known as MSD outside the U.S. and Canada, said on Saturday it will acquire Cidara Therapeutics Inc (Nasdaq: CDTX) in a $9.2 billion all-cash deal, bolstering its respiratory pipeline with a late-stage antiviral candidate aimed at preventing influenza. Under the terms of the agreement, Merck will…
Tata Steel IJmuiden to acquire for LAG Velsen B.V. €140 million
AMSTERDAM – Tata Steel IJmuiden B.V., a wholly owned subsidiary of Tata Steel Limited, has signed a Share Purchase Agreement with Vattenfall Power Generation Netherlands B.V. to acquire full ownership of LAG Velsen B.V., a new entity that will house three key power plants in the Netherlands. The deal, finalized on November 14, 2025, is…
Nyxoah secures up to $154 million in combined financing
BRUSSELS: Nyxoah SA (Euronext Brussels/Nasdaq: NYXH), a medical technology company, announced Tuesday a combined financing package of up to approximately €67 million (U.S. $77.6 million) to support the commercialization and development of its Genio system for treating Obstructive Sleep Apnea (OSA). The financing consists of three components: a €17 million private placement in Europe, a…
Multiply Group acquires majority stake in Ghitha Holding from IHC
ABU DHABI: Multiply Group PJSC has completed its acquisition of a majority stake in Ghitha Holding PJSC from International Holding Company PJSC (IHC), the companies announced Thursday. The transaction follows IHC’s general assembly meeting on Nov. 12, where shareholders approved the sale of all shares held in Ghitha by two IHC subsidiaries. IHC Food Holding…
Abu Dhabi’s Investcorp Capital acquires U.S. firm Kanawha Scales & Systems
ABU DHABI: Investcorp Capital PLC said on Friday it had acquired Kanawha Scales & Systems (KSS), a U.S. provider of industrial weighing services, from American Equipment Holdings. The acquisition, arranged by Investcorp Capital’s founding company Investcorp, expands the Abu Dhabi-listed firm’s portfolio of U.S. industrial assets. Financial terms of the deal were not disclosed. Headquartered…
Dubai Islamic Bank prices $1 billion debut sustainability-linked sukuk
DUBAI: Dubai Islamic Bank (DIB) announced on Nov. 14, 2025, that it has successfully priced a $1 billion debut Sustainability-Linked Sukuk. The five-year issuance carries a profit rate of 4.572% per annum. The sukuk marks DIB’s first use of a sustainability-linked structure, which ties the financial terms directly to the bank’s performance on pre-agreed environmental,…
Ajman Bank, BHM Capital partner to launch Sharia-compliant equity financing program
DUBAI: Ajman Bank and BHM Capital have signed a strategic partnership agreement to launch a Sharia-compliant Equity Financing Program aimed at expanding investor access to UAE capital markets. The initiative will allow investors to obtain financing from Ajman Bank to purchase Sharia-compliant shares listed on local exchanges, with BHM Capital executing trades through its brokerage…
Dubai Investments reports 59% surge in nine-month profit, driven by real estate and manufacturing
DUBAI: Dubai Investments, a leading diversified investment company, announced Thursday that its profit before tax surged 59% for the first nine months of 2025, citing strong performance in its real estate and manufacturing sectors. In a financial update, the company reported a profit before tax of 1.10 billion UAE dirhams ($299.5 million) for the period…
Australia’s Horizon Minerals to sell Lake Johnston project for A$35 million
SYDNEY: Australian miner Horizon Minerals Ltd said on Friday it has agreed to sell its non-core Lake Johnston nickel project to Forrestania Resources Ltd for A$35 million ($23.2 million), as it focuses on developing its flagship gold asset. The divestment, outlined in a binding Heads of Agreement, will see Horizon receive A$30 million in cash…