Press Release Financial Services, Healthcare, Marketing, Technology

PayPal and Other Major M&A Transactions Announced on February 23, 2026

Gilead Sciences Kinderhook Industries Affinius Capital PayPal Arcellx Enhabit Veris Residential Optimal’s Performance Marketing Business Crestview Honeywell L Squared Capital Partners
Press ReleaseFebruary 24, 2026
Gilead Sciences

On February 23, 2026, multiple significant mergers and acquisitions were reported, including PayPal's takeover interest and Gilead Sciences' acquisition of Arcellx for $7.8 billion. Other notable transactions included Kinderhook Industries' $1.1 billion take-private deal for Enhabit and Affinius Capital's $3.4 billion acquisition of Veris Residential.

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