Deals

Dealmakers Are in Last-Minute $70 Billion M&A Rush Before Holidays

  • Amgen, Thoma Bravo announce major deals as year-end nears
  • Late flurry of activity is rare bright spot in dismal 2022
Amgen Said to Agree to $26 Billion Purchase of Horizon
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Dealmakers racing to get transactions across the line before the holidays have finalized nearly $70 billion of mergers and acquisitions this week.

Biotech giant Amgen Inc. is leading the flurry of transactions, saying Monday it will buy Horizon Therapeutics Plc for $28 billion in the year’s biggest health-care deal to add drugs for rare disorders. Thoma Bravo announced a takeoverBloomberg Terminal of business-spend management platform Coupa Software Inc. for $8 billion including debt, confirming a Bloomberg News report.