Merck & Co is currently focused on augmenting its portfolio with medicines for rare diseases. As a part of this strategy, the United States based pharmaceutical giant is slated to acquire the drug maker Acceleron Pharma Inc in a deal worth about $11.5 billion, the companies said on Thursday....

Questions were raised by investors of BHP Group and Woodside Petroleum about the value of the proposed $29 billion merger of the Perth-based oil and gas group Woodside with the petroleum arm of BHP resulting in share prices of both the companies being pulled down.   BHP shares dropped by 6...

French insurance firm Axa's Singapore assets are to be acquired by HSBC Holdings in a deal worth $575 million. This is argued to be a part of the business plan of HSBC of expanding its wealth management business in Asia and increasing revenue from fee income.   The business entity that would...

The resort company Apple Leisure Group will be acquired by Hyatt Hotels Corp. from the former’s private-equity owners in a deal potentially worth $2.7 billion.   The Apple Leisure Group is owned by KKR & Co. and travel-and-leisure specialist KSL Capital Partners LLC, and the deal was...

Zoom Video Communications Inc is set to acquire cloud-based call center operator Five9 Inc in an all-stock deal worth $14.7 billion which is the largest ever acquisition by the video conferencing company amid increasing competition in the videoconferencing sector, the core business area of Zoom....

According to a report published by the Wall Street Journal on Thursday quoting sources familiar with the matter, negotiations for acquiring semiconductor manufacturer GlobalFoundries Inc are being held by Intel Corp. The deal could be worth about $30 billion.   According to the report, a...

The proposed merger of the top two videogame streaming sites of China - Huya and DouYu, which was being pursued by the Chinese etch giant Tencent Holdings Ltd, has been stopped by the market regulator of China over antitrust concerns.    The announcement to merge Huya and DouYu was...

The owner of photo messaging app Snapchat will be able to set foot towards the future of social media where augmented reality could become pervasive by the acquisition of appropriate technology.   The company moved a step closer to that strategic direction as it announced its decision to...

An all-stock buyout of larger rival Crown Resorts Ltd was proposed by Australian casino operator Star Entertainment Group on Monday. This offer valued Crown Resorts at A$9 billion ($7 billion) as Star joined the competition of Crown Resorts which also included two private equity giants who are also...

Nestle SA will be acquiring The Bountiful Company in a deal worth $5.75 billion.   Brands like Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan's Pride are among the assets that the Swiss company will be purchasing through this deal, Nestle said on Friday.   The health and nutrition...

The United States based supply chain software company Blue Yonder will be acquired by the Japanese electronics firm Panasonic Corp in a deal worth $7.1 billion, the Japanese company said on Friday, This is the largest acquisition of the Japanese company in more than a decade.   Panasonic...