Deals of the day-Mergers and acquisitions
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On June 18, several significant mergers and acquisitions were reported. Reliance Global Group is selling its Fortman Insurance Agency for $5 million. Keyera Corp is acquiring Plains' Canadian natural gas liquids business for C$5.15 billion. Eli Lilly will buy Verve Therapeutics for up to $1.3 billion. The U.S. government is extending the deadline for ByteDance to divest TikTok's U.S. assets. Additionally, Inszone Insurance Services has acquired Evers Insurance, and Millennium Management is negotiating a minority stake sale valuing it at $14 billion.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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