The high-profile billionaire, who graduated from Indiana University’s Kelley School of Business, will keep a 27% stake in the NBA franchise and maintain control of basketball operations.
RayzeBio is building a large factory on the northwest side of Indianapolis to make radioisotopes for cancer treatment.
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Indianapolis-based Windsor Wealth Management had 14 employees and $1.9 billion in assets under management when Corient acquired the firm.
The city’s largest advertising agency said the eight-figure acquisition will expand its its client roster in health care, finance and energy.
A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget.
Carmel-based OpenLane announced Monday that it plans to acquire Manheim Canada from Atlanta-based Cox Automotive in a $95 million deal that’s expected to close within 30 days.
The company, Carmot Therapeutics, has numerous drugs under development. Its lead asset is a once-a-week injection that is in mid-stage development for the treatment of obesity.
Rales, a businessman and film producer, will increase his stake in the team from 5% to 20% with the acquisition, which is pending approval of the NBA.
The extension comes amid pushback from several investors, including Point’s largest institutional stock holder.
Point has a pipeline of clinical and preclinical-stage compounds in development for the treatment of cancer using radiopharmaceutical isotopes that hold the promise of delivering targeted treatments to cancer patients.
The acquisition is the second in central Indiana this year for Versiti, a not-for-profit specializing in blood-health services.
Column Capital Advisors, an 18-year-old Indianapolis firm, is the second Hoosier firm to be acquired by Captrust Financial Advisors.
The acquisition includes 22 CapStar banking centers in 13 Tennessee counties, including seven branches in the Nashville area, and one banking center in Asheville, North Carolina.
Roche has come under pressure to improve its pipeline with medicines it can commercialize soon as a windfall of revenue from products used in the COVID-19 pandemic comes to an end.
The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion.
Top executives and directors of Indianapolis-based Point Biopharma Global Inc. could rake in an eye-popping $212 million from their deal to sell the company to drugmaker Eli Lilly and Co.
The deal gives Greenwich, Connecticut-based Atlas Holdings ownership of the Herff Jones Graduation Business, which includes Herff Jones’ Scholastic and Collegiate brand portfolios and related manufacturing and distribution operations.
Overfuel, which launched last year, recently acquired a Washington-state-based competitor, 321 Ignition. Both companies offer a platform on which independent auto dealers can build their websites.
Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their $25 billion merger.
