Bloomberg

A consortium led by Indian billionaire Kumar Mangalam's Aditya Birla Group, The Times of India Group, David Blitzer's Bolt Ventures and Blackstone has bought the Royal Challengers Bengaluru, in a major deal for cricket. Bloomberg's Scarlet Fu reports on "Bloomberg Deals."

Ian Fujiyama, global head of aerospace, defense and government at Carlyle, joins Dani Burger on "Bloomberg Deals." They discuss defense tech investments and the Trump Administration as the Iran War reveals gaps in spending. The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin and RTX, according to the acting comptroller weapons that are in short supply as the war in Iran consumes vast amounts of the munitions.

Mark Marengo, global co-head of diversified industries investment banking at JPMorgan, joins Dani Burger on "Bloomberg Deals." They discuss defense tech investments and potential IPOs as the Iran War reveals gaps in spending. The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin and RTX, according to the acting comptroller weapons that are in short supply as the war in Iran consumes vast amounts of the munitions.

Erin Price-Wright, general partner at Andreessen Horowitz, Ian Fujiyama, global head of aerospace, defense and government at Carlyle, and Mark Marengo, global co-head of diversified industries investment banking at JPMorgan, join Dani Burger on "Bloomberg Deals."

Erin Price-Wright, general partner at Andreessen Horowitz, joins Dani Burger on "Bloomberg Deals." They discuss defense tech investments as the Iran War reveals gaps in spending. The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin and RTX, according to the acting comptroller weapons that are in short supply as the war in Iran consumes vast amounts of the munitions.

Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Merck agreed to buy Terns Pharmaceuticals for $6.7 billion, giving the multinational company access to a promising new leukemia treatment as it faces the patent expiration of its bestselling cancer drug.

Lande Spottswood, partner of M&A and capital markets at Vinson & Elkins, joins Dani Burger on "Bloomberg Deals." Saudi Arabia and Kuwait are attempting to press on with planned multibillion-dollar energy deals despite a widening conflict that's seen Iran target oil and gas infrastructure across the Middle East over the past three weeks.

Citadel Securities posted a record $12.2 billion in trading revenue last year, as the market-making arm of billionaire Ken Griffin's empire continues in its bid to compete with the largest trading desks globally. Katherine Doherty reports.

Shonnel Malani, Advent's global head of aerospace and defense, says the company plans to invest as much as $1 billion in defense tech because of increasing global geopolitical tensions. He speaks with Dani Burger on "Bloomberg Deals."

A jury says Meta must pay at least $2.1 million in damages, and Google must pay at least $900,000 to a 20-year-old woman who said their platforms caused her to suffer a mental health crisis. June Grasso reports on Bloomberg Television.