
Entain Plc (OTCPK:GMVHF) ADRs surged 5% following reports of private equity firms, such as Apollo Global (APO), eyeing the sports betting company amid the impending departure of Chairman Barry Gibson, potentially leaving Entain open to acquisition.

Phathom, Rhythm, and Vaxcyte top pharma takeover list, notes Needham analyst Stringer.

Tricon Residential Inc. announces court approval for its acquisition by Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust for $3.5 billion, pending regulatory approval, with shares expected to be delisted post-transaction completion.

Star Bulk Carriers (NASDAQ:SBLK) gains 1.3% in early trading as Eagle Bulk Shipping (EGLE) shareholders approve merger, creating a $2.1B dry bulk shipping giant, with Star Bulk set to become the world's largest publicly-listed bulker owner.