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Earlier this month, the FTC agreed to end its legal challenge of the deal as part of a proposed settlement with Amgen, paving the way for the company's acquisition of Horizon to close as soon as next month. Florida-based Pentwater stands to be a large winner from the FTC's recent failed bid to block the Amgen-Horizon deal. Keywords: wsjfinance-eur; photo-illo; kwexclusive; Biotechnology Services; Pharmaceuticals; Computers/Consumer Electronics; Software; Applications Software; Toys/Games; Trusts/Funds/Financial Vehicles EN wsjfinance-eur photo-illo kwexclusive Biotechnology Services Pharmaceuticals Computers/Consumer Electronics Software Applications Software Toys/Games Trusts/Funds/Financial Vehicles N.PAG N.PAG 1 09/26/23 20230925 NES 230925 Pentwater Capital predicted that FTC attempts to block big deals would fail The efforts by Federal Trade Commission Chair Lina Khan to protect Main Street are inadvertently enriching some on Wall Street, generating outsize profits for Pentwater Capital Management and other large hedge funds that bet on merger deals. [Extracted from the article]

Keywords: wsjcorp; Semiconductors; Industrial Electronics; Industrial Goods; Technology; Corporate/Industrial News; SYND; WSJ-PRO-WSJ.com; CRH; CRG.DB EN wsjcorp Semiconductors Industrial Electronics Industrial Goods Technology Corporate/Industrial News SYND WSJ-PRO-WSJ.com CRH CRG.DB N.PAG N.PAG 1 03/08/23 20230304 NES 230304 British chip designer Arm spurns the U.K., attracted by the scale and robust liquidity of U.S. markets Graph: SoftBank CEO Masayoshi Son has been talking up Arm. The U.K. government and the LSE have proposed changes to listing rules and other measures it hopes will reinvigorate investor interest in U.K. markets. Arm also will continue to house its material intellectual property in the U.K. Mr. Haas said Arm would also consider a subsequent secondary listing in the U.K. "We will continue to invest and play a significant role in the British tech ecosystem", he said. [Extracted from the article]

In October, Amgen completed a $3.7 billion deal for ChemoCentryx and its drug to treat a rare immune-system disease. U.S. biotechnology company will pay $116.50 for each Horizon share Graph: Horizon develops medicines to treat rare autoimmune and severe inflammatory diseases. [Extracted from the article]

They said the scale would help the companies work with carriers to create new insurance-industry products, particularly for emerging markets, cybercrime and climate change. Also, the brokerages aren't required by regulators to hold big capital cushions, as are insurance companies themselves, so less private-equity money gets tied up in brokerage deals than in those involving insurance carriers. Keywords: Retail/Wholesale; Motor Vehicle Dealing; Specialty Retailing; Insurance; Risk Management Services; Insurance Brokering; Accounting/Consulting; Business/Consumer Services; Business Consultancy; Financial Services EN Retail/Wholesale Motor Vehicle Dealing Specialty Retailing Insurance Risk Management Services Insurance Brokering Accounting/Consulting Business/Consumer Services Business Consultancy Financial Services N.PAG N.PAG 1 07/28/21 20210727 NES 210727 Justice Department alleged the combination of insurance brokers would eliminate competition The Justice Department had alleged the tie-up of insurance brokers would lead to higher prices and reduced innovation for U.S. businesses. [Extracted from the article]

Keywords: Trusts/Funds/Financial Vehicles; Investment Trusts; Alternative Investments; Business/Consumer Services; Financial Services; Hedge Funds; Investing/Securities; Shell Company; Regulation/Government Policy; Ownership Changes EN Trusts/Funds/Financial Vehicles Investment Trusts Alternative Investments Business/Consumer Services Financial Services Hedge Funds Investing/Securities Shell Company Regulation/Government Policy Ownership Changes N.PAG N.PAG 1 07/21/21 20210720 NES 210720 Activist investor's Pershing Square investment firm will instead take a stake in the world's largest music company The U-turn is a setback for the hedge-fund billionaire, who crafted a first-of-its-kind pact that set it apart from a wave of other deals orchestrated recently by special-purpose acquisition companies. Mr. Ackman said his investment firm, Pershing Square Holdings Ltd., would instead take a stake in Universal and become a long-term investor in the company. [Extracted from the article]

Retail/Wholesale, Motor Vehicle Dealing, Specialty Retailing, Insurance, Non-life Insurance, Risk Management Services, Insurance Brokering, Accounting/Consulting, Business/Consumer Services, Property/Casualty Insurance Keywords: Retail/Wholesale; Motor Vehicle Dealing; Specialty Retailing; Insurance; Non-life Insurance; Risk Management Services; Insurance Brokering; Accounting/Consulting; Business/Consumer Services; Property/Casualty Insurance EN Retail/Wholesale Motor Vehicle Dealing Specialty Retailing Insurance Non-life Insurance Risk Management Services Insurance Brokering Accounting/Consulting Business/Consumer Services Property/Casualty Insurance N.PAG N.PAG 1 06/18/21 20210617 NES 210617 Government antitrust lawsuit alleges merger of insurance brokers will suppress competition An antitrust lawsuit alleges insurance broker Aon's proposed $35 billion acquisition of rival Willis Towers Watson would lead to higher prices and stifle innovation. [Extracted from the article]

Kwexclusive, Telecommunication Services, Wireless Telecommunications Services, Mobile Telecommunications, Banking, Credit Types/Services, Real Estate Transactions, Building Construction, Business/Consumer Services, Office Real Estate Keywords: kwexclusive; Building Construction; Telecommunication Services; Wireless Telecommunications Services; Mobile Telecommunications; Banking; Credit Types/Services; Real Estate Transactions; Office Real Estate; Business/Consumer Services EN kwexclusive Building Construction Telecommunication Services Wireless Telecommunications Services Mobile Telecommunications Banking Credit Types/Services Real Estate Transactions Office Real Estate Business/Consumer Services N.PAG N.PAG 1 03/11/21 20210310 NES 210310 The injection of funds deepens the potential losses the giant tech fund will take from Greensill's failure The injection of funds deepens the potential losses the giant tech fund will take from Greensill's failure. [Extracted from the article]