Deals of the day-Mergers and acquisitions
07/04/2026 14:55
Adds Evotec, Gilead, Senior Plc; Updates Pershing Square April 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** German biotech company Evotecis to receive around $100 million upfront following the closing of the sale of private Germany-based Tubulis to Gilead, the company said on Tuesday. nTUCC9ZMB2 ** Gilead said on Tuesday it would acquire private Germany-based Tubulis GmbH for up to $5 billion, as the U.S. drugmaker looks to boost its pipeline with a lucrative class of experimental cancer drugs referred to as "guided missiles". nL4N40Q0UL ** Senior Plc on Tuesday said it had agreed to a takeover proposal from a consortium comprising investment firms Tinicum and Blackstone , valuing the British aerospace and defence supplier at 1.4 billion pounds ($1.85 billion). nL4N40Q0UP ** Bill Ackman's Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world's biggest music label's value with a listing in the United States. nL6N40Q0JZ ** Dutch lender ING said it had terminated the agreement to sell its Russian business to Moscow-based Global Development JSC, announced in January 2025. nL6N40Q0DC (Compiled by Rajarshi Roy and Pranav Mathur in Bengaluru) ((Rajarshi.Roy@thomsoreuters.com))