American Gene Technologies International announced that it is
spinning off it’s HIV-focused gene therapy company Addimmune in a SPAC deal that
values the enterprise at $500 million. Addimmune will be
publicly traded...
As electric vehicle adoption accelerates worldwide, Wolfspeed announced it will divest its radio frequency business to MACOM Technology Solutions Holdings for $75 million in order pave the way for...
Like an Arnold Schwarzenegger movie come to life, defense
contractor AeroVironment announced its $120 million acquisition of Tomahawk Robotics,
a leader in AI-enabled robotic control systems. AeroVironment plans to retain
all of...
Biotech
firm HDL Therapeutics announced that it will go
public via a SPAC acquisition that values the company at $480 million. According to the press release, “HDL Therapeutics
aims to be a...
Tapestry,
Inc., owner of brands including Coach, Kate Spade, and Stuart Weitzman,
announced its $8.5 billion acquisition of Capri
Holdings Limited, which owns Versace, Jimmy Choo, and Michael Kors. The merger unites
storied...
As the
banking crisis ebbs, Banc of California announced its takeover of PacWest Bancorp in a deal valued at $400 million. The all-stock merger
will create a combined bank with approximately $36.1...