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Lilly’s Psychedelics Bet Could Kickstart a Pharma M&A Wave
business1 month ago

Lilly’s Psychedelics Bet Could Kickstart a Pharma M&A Wave

Eli Lilly’s $2.8 billion acquisition of AtaiBeckley, which includes the fast‑acting 5‑MeO‑DMT program BPL‑003 with phase 2b data for treatment‑resistant depression, underscores growing momentum for psychedelic medicines among Big Pharma and could spur further M&A as investors gain confidence and regulatory signals improve; however, logistical and delivery challenges remain, shaping the type of assets likely to be acquired (favoring programs with solid top‑line data and scalable pathways) and keeping an eye on potential targets like GH Research.

via Fierce Biotech|
#business#depression#eli-lilly
Take-Two Surges Past Guidance as GTA 6 Countdown Fuels M&A Push
business1 month ago

Take-Two Surges Past Guidance as GTA 6 Countdown Fuels M&A Push

Take-Two Interactive reported FY2026 net bookings of $6.72 billion, roughly $750 million above initial guidance, with a near-equal split between mobile and traditional gaming. The company expects over $1 billion in operating cash flow in the next 12 months, driven by the GTA 6 launch, and signals pursuing accretive acquisitions and tech investments as it frames FY27 as a major inflection point for the business.

via Insider Gaming|
#business#grand-theft-auto-6#manda
PayPal stock jumps on Stripe-Advent buyout proposal valued at over $53 billion
business1 month ago

PayPal stock jumps on Stripe-Advent buyout proposal valued at over $53 billion

PayPal shares surged about 16% after Reuters reported Stripe and private-equity firm Advent International submitted a buyout proposal valuing PayPal at more than $53 billion with each owning 50%, backed by roughly $50 billion in financing; PayPal and Stripe declined to comment, and investor Michael Burry said the bid should be higher given the company's intrinsic value amid intensifying competition from Apple, Block, Affirm and Klarna.

via Yahoo Finance|
#advent-international#business#manda
Viking Therapeutics Emerges as a Possible M&A Target in Obesity Space After Vertex-Crinetics Pact
business1 month ago

Viking Therapeutics Emerges as a Possible M&A Target in Obesity Space After Vertex-Crinetics Pact

Vertex’s about $10 billion Crinetics acquisition has rekindled takeover chatter in the obesity-drug space, putting Viking Therapeutics (VKTX) in the spotlight as a potential target. Viking’s VK2735 is advancing in the late-stage VANQUISH trials with injectable and planned oral forms, while VK3019 has entered Phase 1, adding a second asset targeting obesity and metabolic disorders. Although attractive to large pharma seeking diversified portfolios, Viking remains a clinical-stage company with no revenue, so any deal would depend on forthcoming VK2735 and VK3019 data and the company’s cash runway.

via Yahoo Finance|
#business#manda#obesity
Netflix climbs as NBCUniversal buyout chatter cools
business1 month ago

Netflix climbs as NBCUniversal buyout chatter cools

Netflix shares rose about 3–4% after The Wall Street Journal walked back speculation of a Netflix bid for NBCUniversal, easing fears of another costly megadeal after Netflix’s Warner Bros. Discovery bid. Analysts largely doubt a Netflix-for-NBCU deal, and Comcast’s Brian Roberts said the NBCUniversal spin-off is not a sale. The spin-off includes a one-year post-separation lockup, while Netflix awaits its Q2 earnings on July 16 as investors weigh the company’s M&A stance against organic growth.

via Yahoo Finance|
#acquisition#business#manda
Netflix and NBCUniversal: Why a Post-Spin-Off Bid Is a Long Shot
business1 month ago

Netflix and NBCUniversal: Why a Post-Spin-Off Bid Is a Long Shot

Even with Comcast spinning off NBCUniversal, analysts say Netflix is unlikely to pursue NBCU in a deal. NBCU’s Peacock is smaller than competing streaming services, owning NBCU’s network would invite FCC scrutiny, and NBCU’s library/IP aren’t viewed as a Warner Bros.-level prize. An independent NBCU could attract other buyers (e.g., Sony, Roblox, Mediawan), and any Netflix bid would be tempered by the tax-free spin’s timing. Netflix’s capital-allocation stance—WB was “nice to have,” not a must—remains, making a blockbuster NBCU acquisition unlikely.

via Variety|
#business#entertainment#manda
Comcast Split Won’t Spark a Buyout Blitz, Roberts Says
business1 month ago

Comcast Split Won’t Spark a Buyout Blitz, Roberts Says

Comcast CEO Brian Roberts said on an investor call that the planned split of NBCUniversal and Sky from Comcast’s technology business is designed to maximize value and fuel each unit’s growth, not spur a wave of mergers and acquisitions. The two entities will focus separately on entertainment content (NBCUniversal-Sky) and distribution (pay-TV, broadband, wireless). The company cited Sky’s pending ITV deal and Peacock’s path to profitability as context for why the separation should unlock opportunities rather than trigger dealmaking.

via Deadline|
#brian-roberts#business#comcast
Merck KGaA to Acquire Bio-Techne, Expanding End-to-End Life-Science Platform
business2 months ago

Merck KGaA to Acquire Bio-Techne, Expanding End-to-End Life-Science Platform

Merck KGaA, Darmstadt, Germany, agreed to acquire Bio-Techne for US$73 per share in cash, valuing the deal at about US$11.3 billion (EUR 9.9 billion) and delivering a 36% premium to Bio-Techne’s one-month VWAP. The transaction is expected to be immediately accretive to EBITDA margins and revenue growth, with EPS accretion by year three after closing. Bio-Techne’s multi-omics, spatial biology, analytical technologies and cell-therapy capabilities would extend Merck KGaA’s life-science footprint from discovery through manufacturing, delivering roughly €140 million in annual cost synergies by year three. Financing will come from cash on hand and new debt, with closing targeted for late 2026 or early 2027, subject to customary approvals and shareholder consent.

via PR Newswire|
#bio-techne#business#eps-accretion
Netflix Tests the Mega-Merger Waters
business2 months ago

Netflix Tests the Mega-Merger Waters

Netflix is edging into mega-merger territory after talks with Roku (which did not result in a bid) and a high-profile pursuit of Warner Bros. Discovery, with eyes now on assets like Lionsgate. The company emphasizes a disciplined M&A approach centered on strong deal execution and early integration, while navigating antitrust considerations as it shifts from building to buying growth.

via Semafor|
#business#lionsgate#manda
Diller’s People makes $18B cash bid to acquire MGM Resorts
business2 months ago

Diller’s People makes $18B cash bid to acquire MGM Resorts

Barry Diller’s People Inc. has proposed an all-cash purchase of MGM Resorts for more than $18 billion, offering $48.30 per share and about a 10.6% premium to MGM’s prior close. People already owns roughly 26.1% of MGM, and the bid signals a strategic shift from digital media to hospitality and travel, with MGM’s Las Vegas properties, Macau, and BetMGM digital arm central to the value. The move follows a wave of casino M&A activity, including Tilman Fertitta’s Caesars deal.

via The Guardian|
#barry-diller#business#las-vegas
GameStop Eyes Potential eBay Bid as Shares Jump
market-news3 months ago

GameStop Eyes Potential eBay Bid as Shares Jump

GameStop (GME) is reportedly preparing a formal bid to acquire eBay (EBAY), a move that sent EBAY up about 12% and GME up around 4%. The company has been quietly building a stake in eBay to broaden into e‑commerce, while eBay’s market value (~$46B) dwarfs GameStop’s (~$12B). With about $9B in cash, GameStop has room to pursue big deals, and CEO Ryan Cohen’s pay is tied to long‑term milestones. No official comments yet, and analysts remain cautious on the stock.

via TipRanks|
#ebay#gamestop#gme
Goldman Sees AI and PE Fuelting a $3.8T Global M&A Wave
market-news4 months ago

Goldman Sees AI and PE Fuelting a $3.8T Global M&A Wave

Goldman Sachs expects global merger-and-acquisition volume to reach about $3.8 trillion, driven by AI-enabled long-term value strategies and private-equity asset sales. Large deals (> $10B) have already risen, signaling broader activity into 2026, with the cycle described as mid-stage and likely to persist despite ongoing uncertainty. GS is rated a Moderate Buy by analysts, with a potential upside around mid-single digits.

via TipRanks|
#ai#goldman-sachs#manda
Deutsche Telekom weighs full merger with T-Mobile US to create a global wireless leader
business4 months ago

Deutsche Telekom weighs full merger with T-Mobile US to create a global wireless leader

Deutsche Telekom is in early discussions to merge with its U.S. subsidiary T-Mobile US via a holding-company stock offer, a move that could form the largest public merger and create the world’s most valuable wireless operator. The deal would consolidate DT’s ~53% stake in T-Mobile into a single parent, potentially pushing the combined entity above China Mobile in value, but would require extensive cross-border regulatory approvals and political backing in the U.S. and Germany as talks remain preliminary and details could change.

via | Cord Cutters News|
#business#deutsche-telekom#manda