All articles tagged with #mergersacquisitions
London-based Savills is set to acquire Eastdil Secured for $1.2 billion, with Eastdil keeping its name and independence; the deal, structured as 60% cash and the remainder in Savills shares, is expected to be announced alongside Savills’ quarterly results and signals a major expansion of Savills’ U.S. brokerage footprint.
Boston Scientific announced a cash-and-stock deal to acquire Penumbra for about $14.5 billion (Penumbra at $374 per share), expanding its cardiovascular portfolio with Penumbra’s mechanical thrombectomy and neurovascular tech. The transaction is ~73% cash and ~27% stock, financed with cash on hand and new debt, and is expected to close in 2026 after shareholder and regulatory approvals. Penumbra’s 2025 revenue is about $1.4 billion; the deal aims to broaden access to vascular therapies and drive long-term growth, though GAAP earnings are expected to be dilutive in the near term.
Warner Bros. Discovery reported mixed third-quarter results and is exploring mergers, acquisitions, and spinoffs to enhance the value of its assets. The company also plans to implement a password-sharing crackdown on its streaming service, Max, in the near future.