Deals of the day-Mergers and acquisitions

Terawulf

04/10/2024 10:40

Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported
by 0930 GMT on Friday:

    ** Italian pharma group Recordati  RECI.MI  said it would buy from Sanofi  SASY.PA  the
global rights to a drug used to treat cold agglutinin disease, a rare autoimmune disorder, for
$825 million, sending both stocks up in early trade.  urn:newsml:reuters.com:*:nL1N3LG05Q
    
    ** U.S. bank JPMorgan Chase & Co  JPM.N  has become a substantial shareholder in Star
Entertainment  SGR.AX , an exchange filing showed, as shares of the embattled Australian casino
operator have fallen sharply in last few years amid liquidity issues.  urn:newsml:reuters.com:*:nL4N3LG00T
    
    ** Private equity firm Apollo Global Management  APO.N  is in talks to acquire Barnes Group
 B.N , a manufacturer of aerospace components with a market value of about $2 billion, people
familiar with the matter said.  urn:newsml:reuters.com:*:nL4N3LF16P
    
    ** U.S. utility firm Talen Energy  TLN.O  said it has bought TeraWulf's  WULF.O  minority
stake in a 200-megawatt (MW) bitcoin mining facility in Pennsylvania.  urn:newsml:reuters.com:*:nL4N3LF1D7
    
    ** Thomson Reuters  TRI.TO ,  TRI.N  said it was selling its FindLaw business to Internet
Brands.  urn:newsml:reuters.com:*:nL4N3LF191

 (Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))