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Amgen's 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 also dismisses the antitrust claims
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 link
Who is the Mogul Bidding for U.S. Steel?
James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid. Source link
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
Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link
Intel Scraps Tower Acquisition After China Fails to Approve Deal
What to Read Next Source link
U.S. Steel Takeover Talk Rattles Manufacturers
A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link
Dubai Automaker to Pump Cash Into China Evergrande's EV Business
The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link
5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher
Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena Group. 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 businesses. Source link