Johnson & Johnson-backed Galapagos, already listed in Amsterdam and Brussels, has filed for an initial public offering in the US.

The e-commerce services company, in which Alibaba is the largest shareholder, will use the proceeds for sales and marketing, and to improve its warehousing and technology infrastructure.

IBM has agreed to acquire healthcare IT services provider Explorys for an undisclosed sum, enabling Cleveland Clinic to exit.

Legend Holdings, the largest shareholder in computer maker Lenovo and the parent company of Legend Capital, is set to raise between $2bn and $3bn when it goes public.

Daimler exited the ride sharing company after it was bought by BlaBlaCar alongside another competitor, Hungary-based Autohop.

Cidara, which issued a 7.7% stake to Seachaid Pharmaceuticals last year, floated at the top of its range, raising $76.8m in the process.

Yahoo has reportedly begun acquisition talks with the Microsoft and O'Reilly Media-backed location discovery service, which has raised almost $190m.

The Hubert Burda-backed craft marketplace will float at the top of its range in an initial public offering that values it at roughly $1.8bn.

Premium goods e-commerce company Luxa has been acquired by KDDI after securing venture funding from it in 2013 and 2014.

Existing shareholder Johnson & Johnson will buy $30m of stock in the cancer treatment developer as part of the offering.