Mergers and acquisitions
Pfizer to raise $31 billion in debt offering to fund Seagen acquisition, SEC filing shows
A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange, July 29, 2019. Brendan McDermid | Reuters Pfizer plans to raise $31 billion through a debt offering to fund its proposed acquisition of cancer drugmaker Seagen, for what would be its largest takeover since 2009, according to […]
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UBS expects $17 billion hit from Credit score Suisse rescue, flags hasty because of diligence
Swiss authorities brokered the controversial unexpected emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) in excess of the training course of a weekend in March. Fabrice Coffrini | AFP | Getty Photos UBS estimates a economic strike of close to $17 billion from its emergency takeover of Credit history […]
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Horizon Therapeutics stock plunges on report FTC is preparing to block Amgen deal
Robert Galbraith | Reuters Horizon Therapeutics‘ stock price plunged more than 17% in premarket trading Tuesday after a report that the Federal Trade Commission is preparing to file a lawsuit to block the biotech company’s $27.8 billion sale to Amgen. The FTC could sue to block the acquisition as soon as Tuesday, Bloomberg reported, citing […]
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EU approves Microsoft’s $69 billion acquisition of Activision Blizzard, clearing key hurdle
Microsoft emblem is witnessed on a smartphone put on displayed Activision Blizzard’s game titles character. Dado Ruvic | Reuters European Union regulators on Monday accredited Microsoft’s proposed $69 billion acquisition of gaming company Activision Blizzard, subject matter to therapies made available by the U.S. tech large. The European Fee, the EU’s govt arm, said that […]
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Vice Media data files for bankruptcy to help sale to loan companies including Soros and Fortress
Vice Media places of work screen the Vice logo in Venice, California. Mario Tama | Getty Illustrations or photos The moment a digital media darling, Vice Media Group on Monday filed for personal bankruptcy protection right after many years of monetary problems. A consortium of Vice’s loan companies which consists of Fortress Investment decision, Soros […]
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Vietnam EV maker VinFast to listing in U.S. by way of a SPAC
A VinFast EV car on exhibit at the New York Automobile Exhibit, April 13, 2022. Scott Mlyn | CNBC Vietnamese electrical automaker VinFast stated on Friday it will list in the United States via a merger with distinctive goal acquisition business (SPAC) Black Spade Acquisition Co. The transfer arrives right after the startup past thirty […]
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These are the 2023 CNBC Disruptor 50 companies
In the eleventh once-a-year Disruptor 50 record, CNBC highlights non-public organizations that are chasing some of the market’s major options, and escalating regardless of a tough cash marketplaces setting and slowing economic system. At the very least 35 are unicorns, with valuations of $1 billion or additional – 12 are valued at more than $10 […]
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UBS announces Credit history Suisse CEO Koerner to sign up for board after crisis rescue
Ulrich Koerner, main government officer of Credit history Suisse Team AG, in the course of a Bloomberg Television job interview in London, United kingdom, on Tuesday, March 14, 2023. Hollie Adams | Bloomberg | Getty Images UBS on Tuesday declared that Credit Suisse CEO Ulrich Koerner will be a part of the executive board of […]
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‘A very problematic market’: As Arm shuns London, tech buyers query Uk as an IPO desired destination
Vital Points British chip designer Arm not too long ago determined to listing in New York, main to anxieties that London will skip out on much more blockbuster tech IPOs. VCs have voiced frustrations with how the London market treats significant-advancement tech firms. They say the institutional traders that dominate the current market deficiency a […]
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7 stocks that in shape Warren Buffett’s purchasing standards in advance of Berkshire’s annual meeting
When Warren Buffett can take the stage at Berkshire Hathaway’s once-a-year meeting in Omaha on Saturday, he’ll have a large amount to converse about. The 92-year-outdated investor has experienced a chaotic year. He snapped up extra shares of one particular of his most loved vitality performs, Occidental Petroleum , on quite a few instances — […]
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