Here’s a list of key deals reported across sectors this week:
- Micron Technology (MU) on Saturday announced plans to acquire a chip fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corporation in an all-cash deal worth $1.8B.
- TransDigm (TDG) said Friday it agreed to acquire Jet Parts Engineering and Victor Sierra Aviation Holdings from Vance Street Capital for a combined ~$2.2B in cash.
- Worthington Steel (WS) +3.2% post-market Thursday after saying it agreed to acquire metal processing firm Kloeckner & Co., creating North America’s second largest steel service center company, in a deal with an enterprise value of $2.4B.
- Coterra Energy (CTRA) +3.2% in Thursday’s trading following a report that it is holding talks with Devon Energy (DVN) about a potential merger, a deal that would rank among the biggest oil and gas deals in years.
- Boston Scientific (BSX) on Thursday announced a definitive agreement to acquire Penumbra (PEN) in a cash and stock transaction that values the Alameda-based heart device maker at ~$14.5B, including debt.
- CrowdStrike Holdings (CRWD) on Tuesday announced the acquisition of Seraphic Security, a browser runtime security company, in a cash-and-stock deal.
- U.S. Bancorp (USB) on Tuesday announced a definitive agreement to acquire the financial services firm BTIG for up to $1B.
- Abivax (ABVX) ADRs rose 23% in premarket trading after a report that Eli Lilly (LLY) is preparing to offer €15 billion for the French biotech firm.