ABB Ltd. (ABBN.SW, ABB.ST, ABBNY), a technology company, on Wednesday, announced a partnership with Alcemy to use artificial intelligence to improve the quality of cement and concrete. The company said the collaboration will combine ABB's automation systems with Alcemy's AI technology to make cement...
Orange S.A. (ORANY, ORA.PA, ORAN), on Tuesday, announced the signing of a 1.3 billion euros financing agreement with CaixaBank, S.A. (CABK.MC) and BNP Paribas SA (BNP.PA, BNPQY) to fund the acquisition of Scorefit. The financing is structured as a five year agreement, which will support the exercise...
Watsco, Inc. (WSO), a distributor of air conditioning, heating and refrigeration equipment, announced on Tuesday that it has agreed to acquire Jackson Supply company, a sunbelt HVAC distributor. The financial details of the transaction, expected to close in the second quarter, have not been divulged. Jackson...
The Real Brokerage Inc. (REAX), a technology-powered real estate brokerage, and RE/MAX Holdings, Inc. (RMAX), a real estate franchisor on Monday announced that they have entered into a definitive agreement where Real Brokerage will acquire RE/MAX, LLC or REMAX, a unit of RE/MAX Holdings, to form a new...
Oil and gas major Shell Plc (SHEL, SHEL.L) Monday announced that it has entered into a definitive agreement to acquire Canadian energy company ARC Resources Ltd. (AETUF, ARX.TO) in cash and stock deal with equity value of around $13.6 billion. Under the deal terms, ARC shareholders will receive C$8.20...
Critical Metals Corp. (CRML), a mineral mining company, Monday announced that it has proposed to acquire European Lithium Ltd. for around $835 mln. Under the Proposed Transaction, European Lithium shareholders will receive 0.035 shares of Critical Metals for each European Lithium share held. European...
Thermo Fisher Scientific Inc. (TMO), on Monday, announced that it has signed a definitive agreement to sell its microbiology business to Astorg. The transaction is approximately $1.075 billion, consisting of cash and a $50 million seller note. The deal is expected to close in the second half of...
United Airlines (UAL) issued a statement from CEO Scott Kirby regarding potential merger between United Airlines and American Airlines. He said American's public comments make it clear that a merger like this is off the table for the foreseeable future. "I approached American about exploring a combination....
Ligand Pharmaceuticals Incorporated (LGND) and XOMA Royalty Corporation (XOMA), both biotechnology royalty aggregators, Monday, announced that Ligand will acquire XOMA Royalty for $39 per share for a total equity value of around $739 million. Ligand expects the transaction to be immediately accretive...
Eli Lilly and Company (LLY), Monday announced a deal with Ajax Therapeutics, Inc., agreeing to acquire the company along with its lead asset, AJ1-11095, an investigational, once-daily oral, first-in-class Type II JAK2 inhibitor currently being evaluated in patients with myelofibrosis. As per the deal,...
ON Semiconductor Corp. (ON), on Monday, announced an expanded strategic collaboration with NIO Inc. (NIO) to advance next-generation electric vehicle platforms. The company said the partnership will support NIO's transition from 400V to 900V architectures using onsemi's EliteSiC enhanced M3e technology. The...
Sun Pharmaceutical Industries Limited (SUNPHARMA, 524715), a major Indian pharma company, said on Monday that it has inked a deal to buy Organon & Co.(OGN) for $14 per share in cash with an enterprise value of $11.75 billion. Kirti Ganorkar, Managing Director of Sun Pharma, said: "This transaction...
Apollo Global Management, Inc. (APO) on Monday said Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction. The Interiors Business is a supplier of automotive interior systems, including instrument panels, door panels, and center consoles,...
Atlas Arteria Limited (ALX.AX) an owner, operator and developer of toll roads, said Monday it received an unsolicited off-market takeover offer from IFM to acquire all securities it does not already own for A$4.75 cash per security. On the ASX, shares of Atlas Arteria Limited were gaining 13.39 percent,...
Denso Corp. (DNZOY, 6902.T, DNZOF), a manufacturer of automotive components, on Monday, said media reports regarding its acquisition proposal for ROHM Co., Ltd. (ROHCY, 6963.T), a Japanese electronics and semiconductor manufacturer, which have not been announced by the company. The company confirmed...
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.