Medivation snubs Sanofi’s takeover bid
Medivation has rejected Sanofi’s $9.3 billion offer, saying it seriously undervalues the company. Sanofi’s offer came in at $52.50 per share, which was almost $4 less than Medivation’s share price as at Friday 29th...
Sir Richard Branson to take massive cut from Virgin America Sale
Though he claims not to be happy about it, but as Alaska Air prepares to acquire Virgin America, Sir Richard Branson is set to gain roughly $800 million from the deal. Virgin America...
Schlumberger Finalises Cameron Acquisition
The merger of Schlumberger and Cameron International has finally been concluded. Schlumberger has acquired the oil and gas equipment maker in a cash and stock deal valued at $14.8 billion. Schlumberger is the...
Comcast to buy DreamWorks animation for $3.8b
Comcast division NBCUniversal has made an offer to acquire DreamWorks Animation studio for $3.8 billion. The price offering of $41 per share is a 50 percent premium on the stock’s trading price before...
Hotel Industry M&As Roaring to Life
The merger between hotel operator Marriott International and Starwood Hotels & Resorts is still in progress according to the companies involved. Marriott recently revised its initial offer which valued Starwood at USD 13.6...
AI and ML were the core highlights of Google I/O conference
With AI, Google is catering an array of advanced offerings that will boost how healthcare, news, appointments and emails are doneThe 2018 Google I/O conference, an annual developer event conducted by Google channelised its focus on...
BMW beats Mercedes in US sales for first time since 2015
Mercedes was meanwhile hamstrung by supplier bottlenecksBMW AG outsold Daimler AG’s Mercedes-Benz in the US for the first time in four years after blowing out its rival in the final month of 2019.BMW sold...
Oil giants BP, Eni announce gas field discovery in Egypt
Oil giants such as Italy’s Eni and UK-based BP has announced the discovery of a new gas field in Egypt, the media reported.The discovery has been made in...
HSBC Launches Multi-Currency Wallet for Simplified International Payments
HSBC USA today announces the launch of a multi-currency digital wallet that enables businesses to make international payments simply and securely.HSBC Global Wallet is the first multi-currency offering by...
MultiTech Simplifies Path for Developing and Deploying New Connected Solutions with Launch of LoRaWAN...
MultiTech Reveal™ Sensors Seamlessly Integrate with the MultiTech Portfolio of LoRaWAN Gateways to Accelerate New Customer InnovationsMulti-Tech Systems, Inc., a leading global supplier of Internet of Things (IoT)...
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