Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link
acquisitions
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own....
WSJ News Exclusive | Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Cisco to Buy Cybersecurity Company Splunk in $28 Billion Cash Deal
Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk. Source link
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its...
Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week. Source link
J&J’s $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining...
Amgen’s $27.8 Billion Deal for Horizon Therapeutics Clears Key Hurdle
The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact...
WSJ News Exclusive | Saudi Arabia’s Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans...
FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source...
This Tomato Sauce Is Delicious. It’s Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? Source link
EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
WSJ News Exclusive | Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio...
Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on...
The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it...
Biogen Buying Rare-Disease Drugmaker in $7.3 Billion Deal
The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
