GameStop Makes Unsolicited $56 Billion Bid for eBay, CEO Ryan Cohen Announces
GameStop has made an unsolicited $56 billion acquisition offer to e-commerce platform eBay, with CEO Ryan Cohen revealing a roughly 5% stake in the company.
M&A
Meta Acquires Humanoid Robotics Startup to Accelerate Embodied AI
Meta announces the acquisition of humanoid robotics startup Assured Robot Intelligence, bolstering its AI capabilities for robotics applications and marking a major push into the embodied intelligence sector.
Finland's Kone to Acquire TK Elevator in Blockbuster $34.4 Billion Deal
Finnish elevator giant Kone announced a $34.4 billion acquisition of German rival TK Elevator, marking one of Europe’s largest takeovers in recent years and creating the world’s largest elevator manufacturer.
Shell to Acquire Canada's ARC Resources in $13.6 Billion Deal, Bolstering North American Shale Position
UK energy giant Shell has agreed to acquire Canadian energy company ARC Resources for $13.6 billion in cash and shares, gaining Montney shale basin assets that will add 370,000 barrels per day, with an enterprise value of $16.4 billion.
India's Sun Pharma to Acquire US Firm Organon in $11.75 Billion Deal
India’s largest pharmaceutical company Sun Pharmaceutical announced the acquisition of US drugmaker Organon for $11.75 billion, one of the largest overseas acquisitions in Indian pharma history.