RE/MAX $RMAX rose about 22% after The Real Brokerage $REAX agreed to buy the company in a cash-and-stock transaction valuing it at about $880M. The combined group says it would have generated roughly $2.3B of 2025 revenue and $157M of adjusted EBITDA before synergies.
Organon $OGN rose about 31% before the bell after Sun Pharma $SUNPHARMA agreed to pay $14 a share in cash, valuing the target at $11.75B including debt. Sun said the combination would create a $12.4B-revenue pharma group with a larger women’s-health and biosimilars footprint.
Shell $SHEL agreed to buy ARC Resources $ARX for $16.4B, adding about 370,000 boe/d and roughly 2 billion boe of reserves. The cash-and-stock deal is set to lift Shell's production CAGR through 2030 to 4% and add about $250M of annualized synergies within a year of closing.
A high-scoring r/StockMarket post surfaced Amazon $AMZN's expanded Anthropic deal: $5B immediately, up to $20B more, and more than $100B of AWS commitments over 10 years.
A federal judge blocked Nexstar Media Group $NXST from further integrating Tegna $TGNA while an antitrust case proceeds. The $6.2B deal would combine 228 stations reaching 80% of U.S. TV households, according to court filings and state attorneys general.
Schroders $SDR shareholders approved Nuveen's £9.9B acquisition with 99.92% of Scheme Shares voted for the Court Meeting resolution and 99.93% support at the General Meeting. The deal still needs court sanction and remaining conditions before the expected Q4 2026 close.
Intertek $ITRK rose 12.6% in London after confirming it rejected EQT's indicative £51.50-a-share cash proposal. The UK testing group said the offer fundamentally undervalued the company, while EQT faces a May 14 UK takeover deadline.
Globalstar $GSAT rose more than 9% in premarket trading after Amazon agreed to acquire the satellite operator for about $11.57 billion. The deal values Globalstar at $90 a share, or 0.3210 shares of $AMZN stock, and folds its spectrum assets into Amazon Leo.