Former Honeywell CEO in talks to buy Vertiv for over $5B

GS Acquisition, led by former Honeywell CEO David Cote, is in discussions to buy US backup power equipment company Vertiv, sources told Reuters. The price could reach more than $5 billion, including debt. GS Acquisition raised $690 million in an initial public offering in 2018 to make an acquisition but it did not let investors […]

Japan’s Astellas to pay $3B for US Audentes

Japanese pharmaceutical company Astellas Pharma agreed to acquire US peer Audentes Therapeutics for about $3 billion in cash. Audentes shareholders will receive $60 for each share they own. The transaction price represents a 110% premium to Audentes closing price on Monday. The deal was approved by both boards and recommended shareholders to do the same. […]