Tag

Acquisitions

All articles tagged with #acquisitions

business4 hours ago•2 min saved

Lilly expands infectious-disease portfolio with three-broker vaccine acquisitions

Eli Lilly is buying Curevo, LimmaTech Biologics, and Vaccine Company for up to $3.8 billion in upfront and milestone payments to broaden its infectious-disease pipeline. Curevo brings a shingles vaccine candidate, LimmaTech adds a Staphylococcus aureus vaccine program, and Vaccine Company offers vaccines targeting flaviviruses and an EBV-focused program, signaling Lilly’s shift toward preventative vaccines and a strategy to build a diversified vaccine portfolio alongside its strong oncology and metabolic franchises.

via Fierce Biotech|

#acquisitions #business #curevo

business1 day ago•6 min saved

Lilly bets on prevention with triple acquisitions to boost infectious-disease portfolio

Lilly will acquire Curevo, LimmaTech Biologics, and Vaccine Company to broaden its infectious-disease portfolio, spanning a shingles vaccine candidate, a bacterial-pathogen vaccine platform, and an EBV-focused virus-like particle vaccine, for up to about $3.83 billion in cash and milestone payments, subject to closing conditions.

via investor.lilly.com|

#acquisitions #biopharma #business

business1 day ago•1 min saved

Lilly bets $4B on infectious-disease push with three acquisitions

Eli Lilly said it will buy Curevo, LimmaTech Biologics and The Vaccine Company for almost $4 billion in cash to expand infectious-disease R&D, sending its shares higher in premarket trading. Curevo develops a shingles vaccine, LimmaTech targets resistant bacterial pathogens including STIs, and The Vaccine Company advances in vivo nanoparticle delivery technologies for drugs, genes, and diagnostics. The move comes as Lilly relies on Zepbound and Mounjaro for strong revenue and introduces Foundayo to compete with Novo Nordisk in obesity treatments.

via CNBC|

#acquisitions #business #eli-lilly

business4 days ago•5 min saved

Shein's Everlane Buyout Sparks Debate Over Sustainable Fashion's Future

Shein reportedly acquired Everlane, which says it will remain independent and uphold its sustainability commitments, but the deal could broaden Everlane's reach while raising questions about greenwashing, future quality, and the brand's affordable, ethical model.

via Business Insider|

#acquisitions #business #ecommerce

business19 days ago•6 min saved

Antitrust Lawsuit Accuses Lucky Strike of Bowling Monopoly

A Washington federal class-action accuses Lucky Strike Entertainment (formerly Bowlero) of building an illegal bowling monopoly through aggressive acquisitions, commanding about 35% of U.S. bowling revenue and 350+ centers, driving up prices and degrading quality; the suit seeks to unwind acquisitions and damages, while Lucky Strike says the claims are meritless and that it has expanded opportunities for the sport.

via Front Office Sports|

#acquisitions #antitrust #bowling

business21 days ago•2 min saved

Novo Nordisk Signals Aggressive Hunt for Deals to Expand GLP-1 Pipeline

Novo Nordisk CEO says the company is actively pursuing acquisitions to broaden its GLP-1 pipeline amid growing competition in obesity drugs, citing assets like CagriSema and zenagamtide; Wegovy's strong Q1 performance lifted full-year guidance, even as Eli Lilly overtook Novo in weekly GLP-1 market share.

via CNBC|

#acquisitions #business #glp-1

business27 days ago•18 min saved

Lilly lifts 2026 outlook after strong Q1 2026 results and Foundayo FDA approval

Lilly posted a 56% YoY surge in Q1 2026 revenue to $19.8B, with GAAP EPS of $8.26 and non-GAAP EPS of $8.55, driven by volume growth despite lower realized prices; raised full-year revenue guidance to $82–$85B and non-GAAP EPS to $35.50–$37.00; highlighted regulatory progress including FDA approval of Foundayo (orforglipron) for obesity, plus pipeline advances across multiple programs; announced four acquisitions (Orna Therapeutics, Centessa, Kelonia, Ajax Therapeutics); and plans an Investment Community Meeting for December 7, 2026.

via investor.lilly.com|

#acquisitions #business #foundayo-approval

business28 days ago•3 min saved

PayPal Elevates Venmo as Standalone Unit Amid Acquisition Buzz

PayPal is separating Venmo into its own standalone unit as part of a three-segment restructuring, in a move tied to ongoing takeover interest from potential buyers like Stripe; two senior executives are exiting and layoffs were previously floated, with Venmo viewed as the company’s most valuable asset and a likely target for buyers.

via CNBC|

#acquisitions #business #paypal

business1 month ago•8 min saved

Xbox Unveils Four-Point Blueprint for Its Next Era

Xbox leaders Asha Sharma and Matt Booty laid out a four-priority blueprint: hardware (Gen9 stabilization and Project Helix), content (expand first- and third-party portfolios and creator-centric franchises), experience (revamp discovery, customization, social features and developer-friendly tools), and services (fortify Game Pass with sustainable economics, aim for durable growth, push cloud play on TVs and affordable devices, and pursue deliberate M&A). They also noted a reevaluation of exclusivity, windowing, and AI, emphasizing transparency while acknowledging execution will take time.

via Pure Xbox|

#acquisitions #business #game-pass

technology1 month ago•2 min saved

Snap pivots by acquiring Rec Room assets as shutdown proceeds

Snap Inc. has acquired select assets from Rec Room ahead of the social gaming platform’s June 1 shutdown, with some Rec Room staff joining Snap’s Specs Inc. to support AR eyewear initiatives. Terms weren’t disclosed, and there’s no indication Rec Room will be revived. Rec Room had over 150 million players, raised $294 million, and was valued at about $3.5 billion in 2021, but profitability proved elusive amid VR market headwinds.

via GeekWire|

#acquisitions #augmented-reality #rec-room

business1 month ago•4 min saved

Disney Weighs Epic Games Buy to Accelerate Its Gaming Push, Former Exec Says

A former Disney and TikTok executive argues that Disney should double down on gaming by buying Epic Games (or another major game asset) to drive growth, a view echoed by reports that Disney leadership is weighing such a deal; Tim Sweeney’s Epic remains founder-controlled, and while Disney has explored gaming partnerships and licensing (including Fortnite-related projects), no acquisition has materialized amid mixed internal opinions.

via GameSpot|

#acquisitions #business #disney

business2 months ago•6 min saved

OpenAI Signals Massive M&A Push With New Cash Hoard

OpenAI is pursuing roughly $100 billion in new financing to fuel acquisitions and attract talent, potentially using stock to buy startups like Io Products; the pre-money valuation could exceed $730 billion, underscoring an aggressive expansion in AI.

via The Information|

#acquisitions #business #funding

business2 months ago•27 min saved

CoreWeave Posts Record 2025 Revenue Backlog as AI Cloud Expands

CoreWeave reported strong Q4 2025 and full-year results, with revenue of $1.57B in Q4 and $5.13B for 2025, and a net loss of $452M for Q4 and $1.17B for the year due to interest expense and non-GAAP adjustments. Adjusted EBITDA reached $898M in Q4 and $3.09B for the year. Revenue backlog grew to $66.8B, underscoring strong demand visibility as the company expands its AI cloud footprint. CoreWeave added about 260 MW of capacity (now >850 MW) and has ~3.1 GW of contracted power, completed its IPO in March 2025 (Nasdaq: CRWV), and pursued acquisitions (Monolith, Marimo) and partnerships to broaden its platform, including federal offerings.

via CoreWeave|

#acquisitions #ai-cloud #business

business3 months ago•19 min saved

Lowe's Posts Q4 2025 Earnings Rise, Sets Positive 2026 Outlook

Lowe's reported $20.58 billion in Q4 2025 sales and net earnings of $999 million ($1.78 per share), with adjusted diluted EPS of $1.98 after excluding $149 million in pre-tax costs tied to the Foundation Building Materials and Artisan Design Group acquisitions. For the full year, net earnings were $6.654 billion and the company provided a 2026 outlook of $92–$94 billion in sales, flat-to up 2% in comparable sales, and adjusted diluted EPS of $12.25–$12.75 (GAAP diluted EPS about $11.75–$12.25), with operating margin 11.2%–11.4%, and capex around $2.5 billion. The firm highlighted growth in Pro, online, and home services, paid $673 million in dividends in Q4 and returned about $2.6 billion to shareholders in 2025, and remains optimistic on share gains amid housing-market headwinds through productivity initiatives.

via Lowe’s Corporate|

#acquisitions #business #earnings

business3 months ago•1 min saved

Stewart's Shops Expands North with Dexter and Alex Bay Market Acquisitions

Stewart's Shops is under contract to acquire The Dexter Market in Dexter and the Alex Bay Big M Market in Alexandria Bay, expanding its northern New York presence. The deals, expected to close in coming weeks, include renovations with openings planned in the coming months. This follows recent acquisitions of Sliders Food Mart assets in Clayton, Croghan and Harrisville, as the family- and employee-owned chain continues growth around Watertown and along the Great Lakes Seaway Trail; Stewart's operates more than 400 shops across upstate New York, Vermont and New Hampshire.

via Stewart's Shops|

#acquisitions #business #convenience-store