Johnson & Johnson (JNJ) has completed its acquisition of V-Wave, a medical device manufacturer, in a deal valued at up to $1.7 billion. The acquisition includes an upfront payment of $600 million. Amer Sports (AS) is experiencing a surge in stock value following the release of quarterly results that exceeded expectations, driven by strong demand for its high-end outdoor apparel brand, Arc’teryx. In other news, Alaska Airlines (ALK) and Hawaiian Airlines (HA) have successfully passed the US Department of Justice’s (DOJ) review of their merger agreement. The airlines are now seeking approval from the US Department of Transportation to move forward with the merger.
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This article was authored by Angel Smith.
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