Category: Deal
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Labour’s New Deal for Working People explained
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After several months of speculation, we now know the date of the general election: July 4, 2024. Political party manifestos have not yet been published. However, we know Labour’s proposals in relation to employment law because they are set out in Labour’s plan to make work pay: delivering a new…
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Europe Election Will Show What Voters Really Think of Green Deal
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Breadcrumb links PMN works The upcoming parliamentary elections will show how the world’s most ambitious climate plan affects voters five years after its launch. Article writer: Bloomberg News Ewa Krukowska, Sami Adgerne, and Petra Sorg Published on June 1, 2024 • 6 minute read You can save this article by…
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Dame Kate Bingham Celebrates ‘Astonishing’ $3bn Deal for EyeBio
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In a landmark deal for the biotech industry, US pharmaceutical giant Merck, known as MSD in the UK, has acquired EyeBio, a London-based startup co-founded by Dame Kate Bingham, for up to $3bn (£2.36bn). . . This acquisition is expected to revolutionize blindness treatments. Merck has committed to making an…
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Israeli defense co Roboteam wins US Marines deal
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Israeli Unmanned Ground Vehicles Company Robot teamThe company, which develops and manufactures robots for military and security missions, announced the receipt of an initial purchase order to provide more than 130 Mini Tactical Ground Robots (MTGR) to the US Marine Corps. This order is part of a larger follow-on order…
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Southeast Asia hit with dealmaking slump, with 39% drop in PE deal value in 2023
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Private equity investments It is being reduced Around the world, as “higher for longer” interest rates and uncertain global growth have dampened investors’ appetite for risk, Southeast Asia, which just a few years ago was seen as an emerging hotspot for the digital economy, is no exception. A new report…
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Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say By Reuters
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Written by Fu Yunqi and Elvira Pollina BRUSSELS/MILAN (Reuters) – U.S. investment firm KKR is expected to receive unconditional European Union antitrust approval for the purchase. Telecom Italia (BIT:) Fixed Line Network (TIM) after agreeing to maintain commercial agreements with TIM’s rivals, people with direct knowledge of the matter said.…
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Charter brings Paramount+ to Spectrum TV customers in new carriage deal By Reuters
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(Reuters) – Paramount Global has signed a new multi-year content distribution agreement with Paramount Global. Charter Communications (NASDAQ:) for its entire portfolio of linear cable networks, the companies said Thursday. The two companies did not disclose financial terms of the deal, in which ad-supported versions of Paramount’s direct-to-consumer services, Paramount+…
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WestJet’s Sunwing deal adds more flights to Latin America, Caribbean
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Article content Canadian travel company WestJet Airlines Ltd. plans to… To increase its presence in Latin America and the Caribbean and offer aircraft with larger seats after purchasing a competitor. WestJet, owned by private equity firm Onex Corp., completed the acquisition last year of low-cost carrier Sunwing Airlines and Sunwing…
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OpenAI, News Corp sign content sharing deal; shares surge By Investing.com
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Investing.com — Artificial intelligence major OpenAI and News Corp (NASDAQ:) said Wednesday they have signed an agreement under which OpenAI will be given access to some of the biggest news publications under the media powerhouse. News of the deal saw News Corp shares rise in after-hours trading, with its Class…
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IBM to roll out more open-source AI models, strikes deal with Saudi Arabia By Investing.com
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International Business Machines (NYSE:) announced on Tuesday that it will release a set of AI models as open source software and will help Saudi Arabia train its AI system in Arabic. Unlike competitors like Microsoft (NASDAQ:), IBM It adopts an open-access approach similar to Meta Platforms (NASDAQ:), making its “Granite”…
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Minnesota lawmakers approve minimum pay deal for Uber, Lyft drivers (NASDAQ:LYFT)
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Hispanic/E+ via Getty Images Minnesota lawmakers have reportedly struck a deal with Uber (New York Stock Exchange: Uber) and Lyft (Nasdaq: Lyft) to set minimum wage standards for drivers, which is expected to prevent ride-sharing companies from leaving the market. Uber (UBER) and Lyft (LYFT) have threatened to do so…
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Why McDonald’s may be willing to lose money on its $5 meal deal
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McDonald’s diners made no effort to express how they felt about the burger giant raising prices to $8 for a chicken sandwich and $18 for a Big Mac, a phenomenon they reluctantly dubbed “McFlation.” “It’s $25.39 for a 40-count nugget and two large fries. Can’t you even throw a sprite?”…
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Tilray stock gains on debt-for-equity deal (NASDAQ:TLRY)
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Torsten Asmus/iStock via Getty Images Canadian cannabis player Tilray Brands (Nasdaq:TLRYIt announced on Tuesday that it will issue up to 13.1 million shares of the company’s stock as part of a debt-for-equity swap deal it entered into with an unrelated party. Shares will be issued in exchange for The convertible…
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Alternative investment platform TheCarCrowd target global expansion after £1M deal
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Innovative automotive investment platform TheCarCrowd has just completed its two-tranche seed round, securing a total investment of over £1m. The investment from a group of experienced angels – as well as recurring investment from Notion Capital – indicates confidence in TheCarCrowd’s ambitious global strategy, its growing list of partners, and…
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Squarespace to go private in $6.9B all-cash deal with Permira, shares climb (NYSE:SQSP)
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square area (New York Stock Exchange: SKXP) said Monday it has entered into a definitive agreement with private equity firm Permira, going private in an all-cash deal valued at about $6.9 billion, building out the website and hosting company. Shares rise 13% In early trade. Under conditions Agreement, Squarespace (SQSP)…
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McDonalds is preparing a $5 deal meal promotion
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McDonald’s is running a $5 meal promotion. Needless to say, the cost of food is rising and there are no deals at fast food restaurants either. Are consumers starting to show their discomfort with rising prices by voting with their wallets? Looking at annual U.S. food costs from the St.…
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McDonalds is preparing a $5 deal meal promotion
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McDonald’s is running a $5 meal promotion. Needless to say, the cost of food is rising and there are no deals at fast food restaurants either. Are consumers starting to show their discomfort with rising prices by voting with their wallets? Looking at annual U.S. food costs from the St.…