Mergers And Acquisition

US regulators are making a point of going after corporations that invest in companies where there is a perceived competitive overlap.

AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.

Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.

Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.

Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.

Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.

Newly formed fund The Edgeof is set to acquire the $2bn SoftBank unit and expand its investment scope to cover the wider Asian region.

Shopify’s takeover of the logistics services provider will help close the gap with larger rivals like Amazon.

Coinbase’s acquisition of the Brazil-based cryptocurrency brokerage was stymied as negotiations fell through.

The audio streaming service is set to list with help from a PIPE deal featuring Orange, Access Industries, Warner Music, UMG and Media Participations.