SEOUL: Samsung Biologics announced on Monday an all-cash bid of 1.46 billion Swiss francs ($1.8 billion) to acquire Switzerland’s PolyPeptide Group, a specialist in peptide-based active pharmaceutical ingredients. The deal marks the largest biopharmaceutical merger and acquisition in South Korean history,…
NEW YORK: U.S. stock futures tumbled early Friday and a sell-off spread across Asian markets after American forces carried out a sixth consecutive night of strikes against Iran, deepening a standoff that has rattled investors already unsettled by a slide in semiconductor stocks….
. LONDON: Eli Lilly has announced its intention to acquire BIOG portfolio company, AtaiBeckley Inc. for approximately $2.8 billion, or $6.75 a share, in cash representing a 26% premium to AtaiBeckley’s closing price on Wednesday, 15 July 2026, a statement said. The offer…
LONDON: FirstCash Holdings Inc. has raised its takeover bid for Ramsdens Holdings PLC to as much as 684 pence per share, the companies announced Wednesday, and declared the new price final barring a rival bidder or regulatory approval. The revised cash offer, up…
ILMINSTER: Gooch & Housego PLC, a British maker of specialized optical components, has agreed to be acquired by an affiliate of Washington-based private equity firm Arlington Capital Partners in an all-cash deal that values the company at roughly £345.6 million, the companies announced…
SYDNEY: Fleetwood Limited announced Thursday it has agreed to sell its RV Solutions division, which includes the Camec business, to Aussie Traveller Pty Ltd for $9.5 million in a cash-free, debt-free transaction. The binding asset sale agreement is part of the company’s strategy to…
Swiss tech giant makes strategic play to strengthen field-device layer in sweeping all-cash offer ZURICH: ABB Ltd has announced a blockbuster $5.5 billion acquisition of UK-based Rotork plc, a global leader in intelligent flow control solutions, in a move that significantly bolsters…
NEW YORK: Payments company Stripe and private equity firm Advent International have submitted a joint bid to acquire PayPal Holdings Inc. for $60.50 per share, a deal that would value the digital payments pioneer at more than $53 billion, according…
International Business Machines (IBM) saw its stock tumble 23% on Tuesday, marking its steepest single-day decline since October 19, 1987, when shares fell 23.7%. The selloff came after the tech giant released preliminary second-quarter results that missed Wall Street’s estimates…
LONDON: Volex plc (AIM: VLX), the UK-based manufacturer known for complex power and data connectivity solutions, has bought out the remaining 64.3% stake it didn’t already own in Kepler SignalTek Ltd (KST), bringing its ownership of the medical device maker to…
MUNICH: Sweco has signed an agreement to acquire STEIN Ingenieure GmbH, an engineering consultancy with about 60 experts across several locations in Germany, the company announced. The deal will expand Sweco’s presence in the water sector and position it to capture more business…
STOCKHOLM: Lindab Group acquires Irish ventilation distributor Connaught Ventilation Supplies (CVS). With the acquisition, Lindab Group will be established in western Ireland, a region with high construction activity, a statement said. Connaught Ventilation Supplies Limited (CVS) is a distributor of ventilation products based…