Mergers & Acquisitions

AstraZeneca agrees to acquire Modella AI to speed oncology drug development

AstraZeneca agreed to acquire Boston-based Modella AI to integrate its AI models and agents into AstraZeneca’s oncology clinical development processes and speed drug development.

Nvidia licenses AI chip tech from Groq and hires its CEO amid $20B asset deal

Nvidia licensed AI chip tech from Groq, hired its CEO, and reportedly purchased assets worth $20 billion to enhance its AI chip capabilities.

Tata Steel acquires majority stake in Thriveni Pellets to enhance supply chain

Tata Steel will acquire majority control of Odisha-based Thriveni Pellets to fortify its raw material supply chain for steel production, forming a joint venture with Lloyds Metals & Energy.

Trump, Pfizer agree to lower U.S. drug prices, exempt company from pharma tariffs

President Trump has secured an agreement with Pfizer to lower drug prices for Medicaid patients, linking U.S. prices to those abroad.

Paramount Skydance is preparing a bid for Warner Bros. Discovery, sources say

Paramount Skydance is reportedly working with an investment bank to prepare a takeover bid for Warner Bros. Discovery, following a significant rise in WBD's stock. The bid could be an all-cash offer and may come as soon as next week. This potential merger would create a major media entity, combining extensive assets from both companies, including sports rights and film studios. The media industry is experiencing a transformation, prompting speculation about further consolidation.

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