Key deals this week: Couchbase, Eli Lilly, NTT Data, QXO, US Steel and more

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

Steel and mining company ArcelorMittal (OTCPK:AMSYF) announced on Friday the sale of its operations in Bosnia and Herzegovina to Pavgord Group.

Eli Lilly (NYSE:LLY) has agreed to acquire Boston-based gene editing startup Verve Therapeutics (NASDAQ:VERV) for up to $1.3B.

Apollo (NYSE:APO)-backed savings and retirement services group, Athora, is in discussions to acquire control of the specialist UK insurer Pension Insurance Corporation.

Couchbase (NASDAQ:BASE) shares surged +28% in premarket trading Friday after announcing a deal to be acquired by Haveli Investments, a tech-focused investment firm, in an all-cash transaction valued at approximately $1.5 billion.

Nippon Telegraph and Telephone announced Friday that it has secured sufficient bids to acquire NTT Data Group (OTCPK:NTTDF) in a ¥2.37 trillion ($16.3 billion) deal aimed at advancing its AI ambitions and streamlining its corporate structure.

Following in the footsteps of QXO’s (NYSE:QXO) bid on Wednesday for GMS (NYSE:GMS) for $95.20 per share, for a transaction value of ~$5B, Home Depot (NYSE:HD) is also interested in acquiring the construction products distributor.

The Los Angeles Lakers will reportedly be sold to billionaire sports investor Mark Walter in a deal that would value the team at about $10B, making it the world’s most valuable professional sports franchise.

Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY) and US Steel (NYSE:X) said Wednesday they have finalized their partnership, completing the 18-month effort to combine the American and Japanese steelmakers.

Guild Holdings (NYSE:GHLD) has signed a definitive agreement under which a fund managed by Bayview Asset Management will acquire all of the outstanding shares of the company’s common stock that it does not already own in an all-cash deal valued at ~$1.3 billion in aggregate equity value.

Santos (OTCPK:STOSF) (OTCPK:SSLZY) said early Monday it received a non-binding takeover proposal from a consortium led by Abu Dhabi’s national oil company ADNOC that values the Australian firm at US$18.72B.