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Arm Holdings and SoftBank Group made an approach to acquire Cerebras Systems weeks before its expected initial public offering, which was rebuffed. Bailey Lipschultz has more on "Bloomberg Deals."

EBay turned down GameStop Chief Executive Officer Ryan Cohen's $56 billion takeover offer, describing the unsolicited bid as "neither credible nor attractive." Caroline Hyde reports on Bloomberg Television.

Commerzbank CEO Bettina Orlopp discusses the company's performance as the lender lifted its guidance for profit this year and outlined more job cuts. Orlopp also discusses the hostile takeover attempt by UniCredit, saying it would put a lot of revenue at risk. She speaks on Bloomberg Television.

GTCR Co-CEO and Managing Director Collin Roche reflects on the private equity landscape, emphasizing the importance of value creation over merely capitalizing on rising prices. Roche highlights GTCR's multibillion-dollar exit from Worldpay as a prime example of their strategy: backing executive teams to implement operational and strategic changes that improve business performance and justify higher exit multiples.

Bloomberg's Crystal Tse joins Scarlet Fu on "Bloomberg Deals." The value of M&A involving European companies has risen 39% to more than $455 billion this year.

Pfizer Inc. Chief Executive Officer Albert Bourla says President Donald Trump's nominee to lead the Centers for Disease Control and Prevention is a good choice. Bourla says Erica Schwartz is a "very credible scientist." Bourla also talks about earnings, their drug pipeline and doing business in China. He speaks to Bloomberg's David Westin.

JPMorgan Chase & Co.'s Anu Aiyengar, global head of advisory and M&A, speaks to Bloomberg's Dani Burger at the Milken Conference in Beverly Hills. She says dealmaking was "challenging" in April due to Iran war, but she says clients are still looking for big deals.

Italian cable maker Prysmian is scouting the market for a potential acquisition, Chief Executive Officer Massimo Battaini told Bloomberg TV on Tuesday. Potential targets could be similar in size to Encore Wire acquired in 2024 with an enterprise value of around 4 billion ($4.68 billion). Battaini spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.

Janus Henderson CEO Ali Dibadj says the firm is "energized" about the Trian deal, which will allow for investment in technology and AI to improve performance. He also talks about plans to launch US ETF products in the global market. He speaks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California.

Pershing Square founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.