M&A News 11/04

• Europe’s largest gas distributor Italgas made a $4.3B-$5.4B preliminary offer for domestic rival 2i Rete Gas (Reuters) 

• Vertex Pharmaceuticals will acquire immunotherapy developer Alpine Immune Sciences for $4.9B in cash (Reuters) 

• $2.3B cancer drug maker Janux Therapeutics is exploring options including a sale after receiving takeover interest from larger pharma companies (Bloomberg) 

• Lionheart Capital agreed to acquire yacht maker Sunseeker International from an entity affiliated with Chinese conglomerate Dalian Wanda Group (Bloomberg)