WASHINGTON (Reuters) – U.S. manufacturing activity accelerated to its highest level in nearly 1-1/2 years in July as orders increased despite a resurgence in new COVID-19 infections, which is raising fears about the sustainability of a budding economic recovery. Still,
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Siemens Healthineers in advanced talks to buy Varian for $15 billion: Bloomberg News
(Reuters) – German group Siemens Healthineers AG (SHLG.DE) is in advanced talks to purchase Varian Medical Systems Inc (VAR.N), a maker of devices and software for treating cancer, in a deal that will value the medical device maker at about
U.S. closes antitrust probe into London Stock Exchange Group acquisition of Refinitiv
WASHINGTON (Reuters) – The U.S. Justice Department has closed its antitrust investigation into the London Stock Exchange Group’s acquisition of financial markets data firm Refinitiv, saying it would not harm competition or American consumers, the bureau said in a statement
UK official advised minister of risks in buying OneWeb stake
LONDON (Reuters) – British officials voiced concerns about the government buying a $500 million stake in satellite company OneWeb this month, questioning whether it would deliver UK jobs and offer value for taxpayer’s money, according to a committee of lawmakers.
Torstar agrees to be acquired by NordStar at a price 17.5% higher
(Reuters) – Canadian media company Torstar Corp said on Saturday it reached an amended agreement to be acquired by NordStar Capital at a price of 74 cents per share, a 17.5% increase over NordStar’s previous bid. NordStar raised its bid
Solar energy company Sunrun to buy peer Vivint Solar for about $1.46 billion
(Reuters) – U.S. residential solar installer Sunrun Inc (RUN.O) said on Monday it will buy peer Vivint Solar (VSLR.N) for about $1.46 billion in an all-stock deal. Vivint Solar shareholders will receive 0.55 shares of Sunrun for each share held,
Britain and India's Bharti win auction for OneWeb satellite company
LONDON (Reuters) – Britain has joined forces with India’s Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to develop a constellation that could boost broadband and other services. Under the
Wirecard North America seeks buyer, distances itself from German company
(Reuters) – Wirecard North America Inc, a unit of German payments company Wirecard AG (WDIG.DE), on Monday said it has put itself up for sale, days after the troubled parent firm filed for insolvency. The U.S.-based unit, which was bought
Japan shoppers queue, crash website for Uniqlo's washable masks
TOKYO (Reuters) – Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand’s popular underwear, preparing for the coronavirus outbreak lasting through summer.
Intesa advances towards solving antitrust hurdle in UBI deal: source
MILAN (Reuters) – Italy’s Intesa Sanpaolo (ISP.MI) took a further step on Thursday towards resolving antitrust hurdles as it prepares to launch an exchange offer to take over rival UBI Banca (UBI.MI), a source familiar with the matter said. The