Fusion Pharmaceuticals shareholders have overwhelmingly approved its ~$2B acquisition by AstraZeneca, expected to close by the end of Q2.
"BHP (NYSE:BHP) seeks an extension for talks with Anglo American (OTCQX:AAUKF) on its takeover proposal, citing proposed socioeconomic measures and the need for further engagement, with the deadline for merger talks looming."
Braavo Capital has closed a $5mn Series B funding round and a new $30mn debt fund to expand its Growth Ventures initiative focused on web monetization.
Merger and acquisition(M&A) volume is expected to rise 20% in 2024, rebounding from last year's contraction and nearing pre-pandemic activity levels, driven by significant increases in deal value and volume, particularly in technology, life sciences, and energy sectors.
BlackRock and other major investors urged Anglo American to continue merger talks with BHP despite previous rejections, citing the need for further discussions by May 29.
Golden Triangle Ventures (GTVH) announced a letter of intent to acquire Cargo Management Group, aiming to assume full ownership of its logistics operations and assets, which generated nearly $3 million in 2023.
Acme United (NYSE:ACU) acquired Elite First Aid, a tactical and emergency response product supplier with 2023 revenues of $4.2 million, for an undisclosed price, expecting the deal to be accretive.
Crescent Energy (NYSE:CRGY) received positive feedback from credit rating agencies after agreeing to acquire SilverBow Resources (SBOW) for $2.1 billion, with the deal expected to close by Q3 and Kimmeridge Energy withdrawing its board nominees in response.
Accenture (NYSE:ACN) to acquire Partners in Performance, enhancing strategic advisory and execution capabilities in asset-intensive industries through data and AI, with approximately 400 employees joining Accenture Strategy.
Johnson Controls' subsidiary agreed to a $750 million settlement with U.S. public water organizations over "forever chemicals" found in its products, without admitting liability.