USA > UK based Eli Lilly is set to acquire USA based ARMO BioSciences for $1.6 billion

Eli Lilly logo For $50 per share or approximate value of $1.6 billion, UK based Eli Lilly is all set to acquire USA based ARMO BioSciences. ARMO BioSciences is a company that is working on a late stage immune oncology that is developing a pipeline of novel, proprietary product candidates that is designed to activate the immune system of cancer patients to recognize More …

USA > Brazil based Marfrig Global Foods is set to acquire 51% interest in USA based National Beef for $969 million  

MArfrig logo   Brazil based Marfrig Global Foods is set to acquire controlling interest in USA based National Beef making Marfrig the world’s second largest beef producer. Marfrig is expected to have annual sales of over $13 billion with the acquisition of 51% of National Beef and will also gain access to markets such as Japan and South Korea. National Beef Packing More …

USA > Switzerland based Novartis is set to acquire USA based AveXis Inc. for $8.7 billion

Novartis logo To transform care in SMA and expand its position as a gene therapy and Neuroscience leader, Novartis is set to acquire AveXis Inc. for $8.7 billion. AVXS-101, AveXis lead product candidate, has the potential to be the first ever one time gene replacement therapy for spinal muscular atrophy (SMA). SMA is a disease that results in either early death or More …

USA > India based Reliance sells Texas shale assets to Sundance Energy Inc. for $100 million

Sundance energy logo India based Reliance Industries Ltd. is set to sell some of its shale assets in the US to privately held Sundance Energy. The transaction is expected to be $100 million as the Indian conglomerate move closer to exit US shale investments. The transaction also includes sale of Reliance’s interest in the assets in the Eagle Ford shale in Texas. Another More …

USA > British gas station operator EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion

EG group logo EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion. Kroger is selling as it sharpens focus on its mainstay grocery business during a brutal price war between Kroger and chief rival Walmart , discounters Lidl and Aldi, and Whole Foods, which is owned by Amazon.com Inc. Kroger plans to use More …

USA > Bermuda based Brookfield Property Partners is set to acquire all the outstanding shares of common stock of USA based GGP for $9.25 billion

Brookfield property planners logo   Brookfield Property Partners is set to acquire all the outstanding shares of common stock of USA based GGP for $9.25 billion other than the shares currently held by Brookfield Property Partners and its affiliates. The deal consists of $9.25 billion in cash and about 254 million shares in Brookfield Property and the new REIT, for a 61 percent cash More …

USA > UK based JD Sports is set to acquire USA based Finish Line for $558 million

JD SPorts logo For $558 million UK based JD Sports is set to acquire USA based Finish line to expand JD’s presence into the U.S. sports market. However, Sports Direct International, the rival of JD sports, is the second largest shareholder with a 9.9 percent stake. Sports Direct International Plc. is owned by Mike Ashley and Ashley’s company also holds an indirect interest More …

USA > Turkey based Turkish Airlines finalizes order for 25 787-9 Dreamliners from USA based Boeing

Turkish airlines logo To further meet the growing demand, Turkish Airlines orders 25 Dreamliners from Boeing. Turkish Airlines is the 71st customer to buy the 787 making the total Dreamliners orders to more than 1300 which is also the the fastest-selling twin-aisle airplane in Boeing history. According to M. İlker Aycı, Turkish Airlines Chairman of the Board and the Executive Committee: “We are More …