Here’s a list of key deals reported across sectors this week:
- Brighthouse Financial (NASDAQ:BHF) jumped 31% after a report that a consortium led by insurer Aquarian Holdings is in advanced discussions to pay $65 to $70 a share for Brighthouse.
- Paramount Skydance (NASDAQ:PSKY) may offer $22 to $24 a share for Warner Bros. Discovery (NASDAQ:WBD).
- Onex (ONEX:CA) said on Thursday that its Onex Partners Opportunity Fund agreed to acquire a tech-enabled insurance platform, Integrated Specialty Coverages, from KKR (NYSE:KKR).
- Collaboration software company Atlassian (NASDAQ:TEAM) announced on Thursday its intent to acquire artificial intelligence startup DX for $1B, in an effort to boost its presence in the engineering intelligence space.
- Barfresh Food Group (NASDAQ:BRFH) announced on Thursday it has entered into a definitive agreement to acquire all outstanding capital stock of Arps Dairy for approximately $1.6 million in debt repayment, which the company was able to do by increasing its line of credit.
- Radian Group (NYSE:RDN) on Thursday announced that it has entered into a definitive agreement to acquire Inigo for $1.7 billion in a primarily all-cash transaction.
- Swiss pharmaceutical giant Roche (OTCQX:RHHBY) (OTCQX:RHHBF) has entered into a definitive agreement to acquire 89bio (NASDAQ:ETNB) for $14.50 per share in cash, valuing the initial deal at about $2.4 billion, the companies said on Thursday.
- Alternative asset manager Rithm Capital (NYSE:RITM) announced on Wednesday a definitive agreement to acquire the REIT Paramount Group (NYSE:PGRE) for ~$1.6B.
- Workday (NASDAQ:WDAY) has entered into a definitive agreement to acquire Sana, an AI company developing the next generation of enterprise knowledge tools, for approximately $1.1 billion.
- Shares of Berry (NASDAQ:BRY) jumped on Monday after the company announced it will merge with California Resources (NYSE:CRC) in an all-stock deal valuing Berry at approximately $717 million, including debt.