Johnson & Johnson to acquire Abiomed, a company that helps your heart pump blood
This will be the largest MedTech and BioTech transaction of 2022. Johnson & Johnson (J&J), one of the world’s largest producers of medical devices, announced it will acquire Abiomed Inc. for around $17.3 billion in cash and will pay $380 for each Abiomed share, a 50.7 per cent premium over its closing price of $252.08, […]
Potential consolidation in the instant-delivery market: What’s next for Q-Commerce?
Speedy grocery unicorn Getir is in advanced talks to acquire competitor Gorillas in a cash and equity deal What is Q-commerce? This refers to an on-demand service which emphasises deliveries typically under an hour. This sector came into prominence during the Covid-19 pandemic in 2020 when established brick-and-mortar grocers could not keep pace with soaring […]
JP Morgan agrees to acquire payments fintech Renovite.
This deal supports JP Morgan’s mission to expand its payments business and to help hold off threats from fintech firms Stripe and Block that are growing quickly in the space. The COVID-19-induced digital transformation has continued to grow in strength and with digital payment demands from consumers growing in an accelerated manner, this puts increasing […]
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