New On The Block

Evolent Health Inc(NYSE:EVH) is reportedly up for sale. The Arlington, Virginia-based software provide initiated an auction process after receiving takeover inquiries. Among the potential suitors areTPG Inc(NASDAQ:TPG),Clayton, Dubilier & Rice, andKKR & Co. Inc.(NYSE:KKR). Reuters reported that health insurerElevance HealthInc(NYSE:ELV) may join forces with a private equity partner to pursue a deal.

Kronos Bio Inc (NASDAQ:KRON), a company focused on developing therapies for cancer, is exploring "strategic alternatives," including an acquisition or merger.The San Mateo, Califonia-based company reported $124.9 million in cash...