Deals
Every acquisition, merger, IPO, and funding round — published the day it happens.
Sun Pharma to acquire Organon for $12.5B
Sun Pharmaceutical Industries has announced a $12.5 billion acquisition of New Jersey-based Organon & Co., marking its largest purchase to date. The transaction, pending approvals, will expand Sun Pharma’s global footprint in women's health and biosimilars.
- Sun Pharma strengthens its position against Western pharmaceutical giants
- Deal could prompt consolidation in women's health sector
- Potential for enhanced R&D capabilities in biosimilars
Denso is contemplating retracting its $8.3 billion acquisition offer for semiconductor firm Rohm, according to sources familiar with the matter.
Google leads a $40 billion strategic round in AI startup Anthropic, with an initial $10 billion upfront and an additional $30 billion contingent on performance milestones to advance AI research and infrastructure.
X-Energy, Inc. plans to raise approximately $936 million through an initial public offering on NASDAQ, with shares priced at an indicative range of $16.00 to $19.00.
Acquisitions
Sun Pharma to acquire Organon for $12.5B
Sun Pharmaceutical Industries has announced a $12.5 billion acquisition of New Jersey-based Organon & Co., marking its largest purchase to date. The transaction, pending approvals, will expand Sun Pharma’s global footprint in women's health and biosimilars.
Denso is contemplating retracting its $8.3 billion acquisition offer for semiconductor firm Rohm, according to sources familiar with the matter.
Credo Technology Group Holding Ltd has agreed to buy DustPhotonics for $750 million to enhance its silicon photonics capabilities, with the deal expected to bolster its position in the data center market.
The Carlyle Group has acquired KFC Korea for $256 million as the private equity firm plans expansion in the South Korean market.
Mergers
iHeartMedia and Sirius XM Holdings Merge
iHeartMedia and Sirius XM Holdings have merged to form a major integrated audio firm in the U.S., combining broadcast radio, satellite audio, and podcasting services.
IPOs & Listings
X-Energy, Inc. Targets $936M IPO on NASDAQ
X-Energy, Inc. plans to raise approximately $936 million through an initial public offering on NASDAQ, with shares priced at an indicative range of $16.00 to $19.00.
Fundraising
Anthropic Secures $40B Funding Led by Google
Google leads a $40 billion strategic round in AI startup Anthropic, with an initial $10 billion upfront and an additional $30 billion contingent on performance milestones to advance AI research and infrastructure.
Every deal that matters, 7:00 a.m. Eastern.
Acquisitions, mergers, IPOs, and funding rounds — curated by our analyst desk. The one email corp dev, M&A bankers, and strategy teams read before their morning calls.