Key deals this week: Clorox, Spirit Airlines, GSK, PayPal, and more

Here’s a list of key deals reported across sectors this week:

  • Bleach maker Clorox (CLX) on Thursday said it would acquire the manufacturer of hand hygiene and skin care products, GOJO Industries, for $2.25 billion in cash, a move aimed at expanding its position in health and hygiene brands.
  • Capital One Financial (COF) agreed to acquire Brex, a fintech that specializes in technology for credit cards, expenses, and rewards, for $5.15B, the company said on Thursday.
  • Spirit Airlines (FLYYQ) is in talks with alternative investment firm Castlelake about a potential takeover as the discount airline looks to exit bankruptcy.
  • Deutsche Boerse (DBOEY) agreed to buy Allfunds Group (AFNDY), a fund distribution platform in Europe, for about EUR 5.3B ($6.2B), in a cash and stock deal, according to a Wednesday statement.
  • GSK (GSK) has agreed to acquire RAPT Therapeutics (RAPT), a US-based biotech developing treatments for patients with inflammatory and immunologic diseases, in a deal valued at $2.2B.
  • PayPal (PYPL) has agreed to acquire Cymbio, a Tel Aviv-based multi-channel orchestration platform that helps brands sell across agentic surfaces, including Microsoft Copilot and Perplexity, and other e-commerce channels.
  • Organon (OGN) rose 6.5% after a report that India’s Sun Pharmaceutical made a non-binding offer to acquire the company.

Leave a Reply

Your email address will not be published. Required fields are marked *