M&A

• Swiss pharma company Roche agreed to acquire 89bio in a $3.5B deal  Yahoo.Finance

• Medtech company GE HealthCare is exploring a stake sale of its China unit which could be valued at several billion dollars  Reuters

• Australian tech solutions company Atlassian agreed to acquire engineering intelligence company DX for $1B in cash and restricted stock  TechCrunch 

• Advanced Drainage Systems is in advanced talks to acquire the water management unit of Germany's Norma Group in a $1B deal Bloomberg

• Japanese financial services group SMFG is weighing increasing its stake in Jefferies to 20% for $675M  Reuters

• Canadian PE firm Onex Partners agreed to acquire insurance platform Integrated Specialty Coverages from KKR  New York Times 

• Luxury hospitality investors Highgate and Gencom are in advanced talks to acquire InterContinental Times Square for $230M  Bloomberg

• Uber invested in autonomous drone firm Flytrex to accelerate drone food deliveries  Financial Times 

• Korean shipbuilding giant HD Hyundai Heavy Industries is in talks with multiple companies to acquire a US shipyard Reuters