M&A

 Mergers & Acquisitions News (M&A)

• Mergers & Acquisitions News (M&A) 

  • Honeywell spinoff Solstice Advanced Materials will acquire Element Solutions in a $14.5B cash-and-stock deal Reuters

  • Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals in a cash deal at a $10B equity valuation Yahoo.Finance

  • Blue Owl's HomeCourt Partners acquired a reported 5%-10% stake in NBA team Cleveland Cavaliers from billionaire owner Dan Gilbert at a $5.5B valuation PRNewswire

  • Australian gold miner Genesis Minerals launched a $3.9B cash and stock bid for Vault Minerals, trumping a deal it agreed earlier with rival Regis Resources Wall Street Journal

  • Lockheed Martin agreed to acquire naval defense firm Ultra ​Maritime from PE firm Advent for $3.5B Reuters

  • French defense group Thales beat out rival Safran to acquire submarine drone firm Exail Technologies at a $4.5B valuation for a 44% premium Bloomberg

  • Rogers Communications will buy the remaining 25% stake in Maple Leaf Sports & Entertainment from Larry Tanenbaum's Kilmer Group for $3.1B to take full ownership of the entire Raptors and Maple Leafs sports empire Wall Street Journal

  • Swiss pharma giant Novartis agreed to buy UK cancer biotech Myricx Bio in a $1.5B deal Reuters

  • French PE firm InfraVia will acquire Mediterranean yacht marina group D-Marin from CVC for over $1.1B Financial Times

  • Vista Equity Partners and Quinti Capital teamed up on a bid for $1.1B-listed French advertising tech firm Criteo, offering an over 50% premium Reuters

  • Defense firm Ondas agreed to buy autonomous drone maker DZYNE Technologies from Highlander Partners in an $875M cash-and stock deal Bloomberg