Merger Monday Sees Health Care, Property, and Gambling Deals Total Over $20 Billion

Pfizer acquired obesity startup Metsera for $4.9 billion, while Patient Square Capital bought out health-services company Premier for $2.6 billion. Thoma Bravo acquired Pros Holdings for $1.4 billion, and Atlas bought ODP, owner of the Office Depot retail chain, for $1 billion. Compass purchased Anywhere Real Estate in a $1.5 billion all-stock deal, and Allwyn bought daily fantasy sports company PrizePicks for $1.6 billion up front, with an enterprise value of $2.5 billion.

In a series of significant acquisitions, several companies have made substantial moves in the healthcare and retail sectors. Pfizer, a leading pharmaceutical company, has expanded its obesity treatment portfolio by acquiring Metsera for $4.9 billion Pfizer (PFE) Expands into Obesity Market with $4.9B Metsera Acquisition^[1]. This acquisition includes Metsera's phase 2 GLP-1 receptor agonist, MET-097i, and phase 1 amylin analog, MET-233i, which are expected to bolster Pfizer's drug development pipeline.

Meanwhile, Patient Square Capital has announced a definitive agreement to acquire health-services company Premier for $2.6 billion Premier, Inc. Announces Definitive Agreement to Be Acquired by Patient Square Capital in Transaction Valued at $2.6 Billion^[2]. This transaction, which includes a cash dividend of $28.25 per share, is expected to close by the first quarter of 2026. The deal aims to enhance Premier's financial flexibility and provide additional resources for accelerating its product portfolio and innovation.

Thoma Bravo has acquired Pros Holdings for $1.4 billion, while Atlas has purchased ODP, the owner of the Office Depot retail chain, for $1 billion. Compass has completed a $1.5 billion all-stock deal to acquire Anywhere Real Estate, and Allwyn has bought daily fantasy sports company PrizePicks for $1.6 billion up front, with an enterprise value of $2.5 billion.

These acquisitions reflect the dynamic nature of the healthcare and retail sectors, where companies are seeking to expand their portfolios, enhance their market positions, and drive growth through strategic partnerships and acquisitions.