Pfizer snaps up Anacor Pharmaceuticals. The purchase will give Pfizer control of crisaborole, an experimental treatment for eczema, a skin condition that affects as many as 25 million Americans. If approved by the U.S. Food and Drug Administration, the drug could reach annual sales of $2 billion, according to Pfizer. Palo Alto-based Anacor also holds the rights to Kerydin, a treatment for toenail fungus.
China’s Midea pursues a German robot maker. The appliance manufacturer’s bid for control of Kuka values the Augsburgbased company at more than $5 billion.
Range Resources acquires Memorial Resource Development. The all-stock deal gives the oil and gas producer properties in Louisiana and a better foothold in the U.S. gas-export market.
Finland’s Konecranes takes a piece of Terex. Abandoning plans for a full merger, the crane maker agreed to buy a liftinggear business from Westport, Conn.-based Terex.
Ikea slims its real estate portfolio. The Swedish furniture retailer plans to sell 27 of the 52 retail parks that surround some of its European stores.
Digital Realty Trust invests in European data centers. The owner of technology-related real estate will acquire eight data centers located in London, Amsterdam, and Frankfurt.
Eldorado Gold exits China. The Vancouver-based company will spin off its Chinese gold-production assets and use the proceeds to focus on developing mines in Europe.
A firearm record. The 1886 Winchester rifle that once belonged to the U.S. Army captain credited with capturing the Apache leader Geronimo was sold at auction.