•Sachem Capital and Industrial Realty Group announced a definitive agreement to merge, creating IRG Realty Trust with an implied enterprise value of $3.4 billion.
•The transaction values Sachem common shares at $2.00 per share, representing a 90% premium to the 30-day volume-weighted average price.
•The deal is expected to close by the end of 2026, with IRG shareholders owning approximately 94.1% of the combined company.
•Akamai Technologies announced a proposed offering of $1.3 billion in convertible senior notes due 2030 and another $1.3 billion due 2032.
•The company intends to use proceeds for Cloud Infrastructure Services capital expenditures and to repurchase approximately $350 million of its common stock.
•A revised housing bill in the House of Representatives includes less severe restrictions than anticipated on institutional investors buying homes for rent.
•Hansa Biopharma signed an exclusive licensing agreement with SERB for the development and commercialization of IDEFIRIX in Europe and the MENA region.
•The agreement is valued at €115 million, significantly enhancing Hansa's financial position and providing a path to profitability.