financetom
Business
financetom
/
Business
/
BRIEF-23Andme Reaches Agreement For Sale Of Business To TTAM Research Institute
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-23Andme Reaches Agreement For Sale Of Business To TTAM Research Institute
Jun 13, 2025 1:38 PM

June 13 (Reuters) - 23andMe Holding Co ( MEHCQ ):

* 23ANDME REACHES AGREEMENT FOR SALE OF BUSINESS TO TTAM

RESEARCH

INSTITUTE FOLLOWING FINAL ROUND OF BIDDING IN COURT-APPROVED

SALE PROCESS

* 23ANDME HOLDING CO ( MEHCQ ) - TO SELL ASSETS TO TTAM FOR $305

MILLION

* 23ANDME HOLDING CO ( MEHCQ ) - TTAM SELECTED AS WINNING BIDDER OVER

REGENERON

* 23ANDME HOLDING CO ( MEHCQ ) - DEAL SUBJECT TO U.S. BANKRUPTCY COURT

APPROVAL

* 23ANDME HOLDING CO ( MEHCQ ) - COURT HEARING FOR DEAL APPROVAL

SCHEDULED

FOR JUNE 17, 2025

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: KKR Receives $335 Million Loan From Goldman Sachs, Blackstone to Fund Perpetual Purchase
Market Chatter: KKR Receives $335 Million Loan From Goldman Sachs, Blackstone to Fund Perpetual Purchase
Jun 12, 2024
10:09 AM EDT, 06/12/2024 (MT Newswires) -- KKR & Co. ( KKR ) has received a private credit loan of about AU$500 million ($335 million) from Goldman Sachs' ( GS ) asset management unit and Blackstone (BX) to help fund its purchase of Australia's Perpetual Ltd.'s wealth management and corporate trust businesses, Bloomberg reported. In May, KKR agreed to acquire...
Alexander Hamilton's bank is getting a new name: BNY
Alexander Hamilton's bank is getting a new name: BNY
Jun 12, 2024
NEW YORK (Reuters) -The oldest U.S. bank is getting a new name. Bank of New York Mellon is embracing BNY as its new moniker, it announced on Tuesday. The company also unveiled block-lettered signs with the three-letter name across its major offices. Since it was founded 240 years ago by Alexander Hamilton, a U.S. founding father further immortalized in a...
American Superconductor Insider Sold Shares Worth $693,750, According to a Recent SEC Filing
American Superconductor Insider Sold Shares Worth $693,750, According to a Recent SEC Filing
Jun 12, 2024
10:09 AM EDT, 06/12/2024 (MT Newswires) -- John W Kosiba Jr, Senior Vice President, CFO & Treasurer, on June 11, 2024, sold 32,000 shares in American Superconductor ( AMSC ) for $693,750. Following the Form 4 filing with the SEC, Kosiba has control over a total of 325,255 shares of the company, with 316,136 shares held directly and 9,119 controlled...
Blackstone to Buy 2 Luxury Stores in Paris From Mandarin Oriental
Blackstone to Buy 2 Luxury Stores in Paris From Mandarin Oriental
Jun 12, 2024
10:01 AM EDT, 06/12/2024 (MT Newswires) -- Blackstone (BX) will buy two luxury stores adjoining the Mandarin Oriental hotel in Paris for 148 million euros ($160.3 million), Mandarin Oriental International said Wednesday. The retail units will be sold to Lavender Propco, which is controlled by Blackstone Europe, according to Mandarin Oriental International. Proceeds from the sale, expected to close around...
Copyright 2023-2025 - www.financetom.com All Rights Reserved