Here’s a list of key deals reported across sectors this week:
Kenvue (KVUE) rose 3% amid some speculation about a possible rival bidder after it agreed to be sold to Kimberly-Clark (KMB) for about $40 billion earlier this month.
Shuttle Pharmaceuticals (SHPH) announced on Friday that it has closed the acquisition of Molecule.ai.
Dye & Durham (DND:CA) rose 18% as it confirmed it received an unsolicited, non-binding offer from Plantro.
Adobe (ADBE) announced on Wednesday that it intends to acquire software company Semrush (SEMR) in an all-cash deal worth $1.9B.
Workday (WDAY) to acquire Pipedream—an AI integration platform—in a move to strengthen its human resource and finance data management.
Warner Bros. Discovery (WBD) rose 3.4% after a report that Paramount Skydance (PSKY) is preparing to bid $71 billion for the entertainment giant.
GlobalFoundries (GFS) has announced the acquisition of Advanced Micro Foundry (AMF), a specialized silicon photonics foundry based in Singapore, for an undisclosed sum.
Johnson & Johnson (JNJ) has announced its plan to purchase Halda Therapeutics, a firm focused on developing oral therapies aimed at treating various solid tumors, for $3.05B in cash.
WPP Plc (WPP) rose 10% after a report of takeover interest in the advertising giant.
Gibraltar Industries (ROCK) -5.2% pre-market Monday after saying it agreed to acquire manufacturer of residential roofing accessories and rainware solutions OmniMax International from Strategic Value Partners for $1.335 billion in cash.