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Novartis has announced its intention to purchase Excellergy, a US-based biotechnology firm, in a deal potentially worth $2 billion. This acquisition aims to strengthen its immunology pipeline and expand its operations in the United States.
Netflix is reportedly close to acquiring Ben Affleck's artificial intelligence film technology firm, InterPositive, for up to $600 million. The deal aims to enhance Netflix's capabilities in AI-assisted filmmaking.
Netflix has decided to withdraw its bid to acquire Warner Bros. Discovery after a larger offer of $111 billion was made by Paramount Skydance. As part of this exit, Netflix will collect a breakup fee of $2.8 billion.
MTN Group has finalized a $6.2 billion all-cash agreement to acquire IHS Towers, a move aimed at enhancing their partnership and expanding digital infrastructure across Africa.
Warner Bros. Discovery is contemplating a potential revival of merger talks with Paramount Skydance Corp. in light of new acquisition bids, as they navigate shareholder demands and regulatory considerations.
Netflix has escalated its efforts to acquire Warner Bros Discovery with a substantial $82.7 billion cash offer, increasing pressure on Paramount as the shareholder vote approaches.
