A trio of private equity heavyweights lined up a $34 billion takeover of Medline Industries. Less than two weeks ago, Canadian Pacific Railway won a bidding war to buy Kansas City Southern for $27 billion. Elsewhere in the healthcare sector, AstraZeneca closed a $39 billion takeover of Alexion Pharmaceuticals in July. Varian Medical Systems, DuPont Nutrition & Health and Change Healthcare have also all been the subject of deals worth more than $10 billion so far this year. As the talks around these potential deals develop, the next few weeks could forever change the futures of DraftKings, Entain and Athenahealth.

Source: Forbes September 26, 2021 10:52 UTC