Acquisitions and take-private agreements
Penske Automotive agreed to a $16.3 billion go-private deal, while Labcorp and Eaton agreed to buy BioReference assets and COL Group.

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Penske Automotive agreed to a $16.3 billion go-private deal, while Labcorp and Eaton agreed to buy BioReference assets and COL Group.
Lululemon cut its fiscal 2026 earnings and revenue guidance, and UBS lowered its price target to $106 from $120.
A US appeals court ruled states can regulate Kalshi's sports contracts, and Coinbase and Kalshi sites were reported blocked in Taiwan.
Novartis said pelacarsen missed its primary phase III endpoint, Sanofi optioned a Recursion drug and Oppenheimer flagged Alnylam's zilebesiran.
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