European Markets Gain on M&A, Pharma News; Japan Forms Coalition
Key TakeawaysA consortium led by Advent International and FedEx (FDX) has agreed to acquire Polish parcel-delivery firm InPost (INPST) for €7.8 billion ($9.22 billion), representing a 50% premium per share.Novo Nordisk (NVO) shares surged 8.6% after Hims & Hers Health Inc. (HIMS) scrapped plans for a copycat version of its popular weight-loss drug, Wegovy, following regulatory and legal pressures.UniCredit (UCG) announced plans to return €50 billion to investors over five years, sending its shares up 3.9%.J ...