OneWater Marine (NASDAQ:ONEW) is negotiating to buy its larger competitor MarineMax (NYSE:HZO) for $40 per share in an all-cash deal, potentially valuing the combined company at $2.5 billion including debt, with an announcement possibly as soon as this month.
Hamamatsu Photonics has completed the acquisition of NKT Photonics, enhancing their technology portfolio in light sources, lasers, and detectors to drive growth in semiconductor, quantum, and medical fields.
Fusion Pharmaceuticals (NASDAQ:FUSN) will be acquired by AstraZeneca (NASDAQ:AZN) for $21/share upfront and $3/share later, with a $2B merger closing in Q2.
Anglo American has initiated a formal process to sell its coal assets and explore options for its nickel operations to thwart BHP's takeover threat and stay independent, according to CEO Duncan Wanblad.
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.