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Deutsche Bahn invites fresh bids for €15bn logistics arm. (Financial Sponsors)
Carlyle mulls $10bn sale of StandardAero. (FS)
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强生公司 , a pharmaceutical, and medical technologies corporation, agreed to acquire Shockwave Medical , a provider of innovative intravascular lithotripsy technology for the treatment of calcified CAD and PAD, for $13.1bn.
"With our focus on Innovative Medicine and MedTech, Johnson & Johnson has a long history of tackling cardiovascular disease – the leading cause of death globally. The acquisition of Shockwave and its leading IVL technology provides a unique opportunity to accelerate our impact in cardiovascular intervention and drive greater value for patients, shareholders and health systems," Joaquin Duato, Johnson & Johnson Chairman and CEO.
Shockwave Medical is advised by Perella Weinberg Partners and Fenwick & West (led by Douglas Cogen , Bomi Lee , Ran Ben-Tzur and Jennifer Hitchcock ). Johnson & Johnson is advised by J.P. 摩根 and 富而德律师事务所 .
JBT Corporation , a technology solutions provider to the food & beverage industry, agreed to acquire Marel , a multi-national food processing company, for €3.4bn ($3.68bn).
"The execution of this transaction agreement represents a significant milestone in the process to combine JBT and Marel, creating a stronger business that will benefit shareholders, customers, and other stakeholders. The approval of the transaction agreement by the Board of Directors of both companies is the result of highly collaborative work between the JBT and Marel teams. We both completed confirmatory due diligence, which reaffirmed the compelling industrial logic of the combination and the value creation for shareholders. This process has reinforced our confidence in the potential revenue synergies and further value creation opportunity," Brian Deck, JBT President and CEO.
Marel is advised by J.P. 摩根 , BBA//Fjeldco , 贝克?麦坚时 (led by Dieter Schmitz ) and Osborne Clarke . JBT is advised by Arion banki , 高盛 , Kirkland & Ellis (led by David Klein , Carlo Zenkner and Daniel Wolf ) and LexLegal .?
Genmab , a biotechnology company, agreed to acquire ProfoundBio , a clinical-stage biotechnology company, for $1.8bn.
"The proposed acquisition of ProfoundBio firmly aligns with our long-term strategy and our ambitious 2030 vision, to impact the lives of patients through innovative antibody medicines. We believe that ProfoundBio's ADC candidates, proprietary technology platforms and talented team will be a great addition to Genmab and that, together, we will be able to accelerate the development of innovative, differentiated antibody therapies for cancer patients," Jan van de Winkel, Genmab President and Chief Executive Officer.
ProfoundBio is advised by 美国银行 , 摩根士丹利 , Cooley LLP (led by Rama Padmanabhan , Patrick Loofbourrow , Brenden Rowook?Park and Ruomu Li ), 君合律师事务所 and Travers Thorp Alberga . Genmab is advised by 高盛 , Kromann Reumert (led by Bart Creve ), Shearman & Sterling LLP ?(led by Clare O'Brien and Derrick Lott ) and Simmons & Simmons . 高盛 is advised by Sullivan & Cromwell LLP (led by Matthew Hurd ).
Deutsche Bahn invites fresh bids for €15bn logistics arm. (FS)
Deutsche Bahn is asking a select group of bidders to submit another round of non-binding offers for its 德铁信可 logistics unit, which could be valued at as much as €15bn ($16bn).
The state-owned railroad operator is requesting confirmatory bids by late next month from suitors including European logistics firms 得斯威国际货运有限公司 , AP Moeller-Maersk and MSC Mediterranean Shipping Company . It has also invited Saudi shipping company Bahri and Abu Dhabi sovereign fund ADQ - which owns AD Ports Group - to move forward, Bloomberg reported.
Carlyle mulls $10bn sale of StandardAero. (FS)
Private equity firm 凯雷投资集团 is weighing strategic options, including a sale, for StandardAero that could value the US aircraft maintenance services provider at about $10bn, including debt, Reuters reported.
Carlyle's deliberations come as the aviation sector recovers from the slump of the Covid-19 pandemic and as its peers capitalise on a rise in mergers and acquisitions to cash out on their investments.
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