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Mergers & Acquisitions

Newrez delivers, but Rithm halts spinoff plan

A Newrez spinoff is temporarily off the table, as its parent company focuses on maximizing the mortgage lender's value to support the overall business, Rithm Capital leaders said in its latest earnings call. After reproposing the idea of a…

AI governance and data sovereignty are reshaping tech M&A

After years of explosive growth, the tech mergers and acquisitions (M&A) market has cooled – but not in the way many expected. The slowdown hasn’t solely been driven by macro headwinds or interest rates; it’s structural. Governance and…

Lilly Acquires Verve Therapeutics | Contract Pharma

Eli Lilly and Company has acquired Verve Therapeutics Inc., a Boston-based clinical-stage company developing genetic medicines for cardiovascular disease. Verve’s lead program (VERVE-102) is a potential first-in-class in vivo gene…

ACWA Power Completes $1.9 Billion Rights Issue

Saudi Arabia's ACWA Power, the world’s largest private water desalination company, announced on Sunday the successful completion of its 7.125 billion Saudi riyal ($1.9 billion) rights issue, marking one of the largest…

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