Industry M&A Weekly

Industry M&A Weekly: Lilly's $7B Cancer Bet, Uber's €11.5B Delivery Hero Bid, and Three More Deals

Five verified deals from the week ending May 28, 2026 — Eli Lilly acquires Kelonia Therapeutics for up to $7B, Blackstone locks in $1.3B royalty deal with Apogee, Uber tables €11.5B bid for Delivery Hero, Snowflake commits $6B to AWS infrastructure, and I Squared buys a Cogent data center for $225M.