The US Federal Trade Commission has joined two US states to seek an injunction blocking the merger of Edinburgh spinout FanDuel with DraftKings.

The updated deal values Touchstone Innovations at $590m and extends an offer to two of Touchstone's non-executive directors to join IP Group as non-executive directors.

TCR, a joint venture involving Imperial Innovations and UCL Business, has been acquired by Cell Medica, itself backed by Touchstone Innovations.

Recruit has acqured Ganske Verlagsgruppe and HP Autonomy-backed consumer feedback platform TrustYou for an undisclosed amount.

Coppel and Nordstrom-backed Bonobos has become the latest online retailer to be bought as part of Walmart's e-commerce growth strategy, in what could be a hugely-sized acqui-hire.

OwnLocal has acquired Wanderful Media, an advertising technology developer that had raised a total of more than $50m from 12 media companies.

SoftBank has exited field management app developer FieldLens after WeWork paid an undisclosed sum to acquire the company.

PharmaCell, a spinout of Brightlands Maastricht Health Campus, has been acquired by Lonza.

Grail, the Illumina spinout backed by Bristol-Myers Squibb, Celgene, Merck & Co, Johnson & Johnson, Varian, McKesson, Amazon and Tencent, has agreed to merge with Cirina.