Edition:
India

Rebecca Spalding

Elliott and Veritas Capital submit offer for Cubic -sources

23 Sep 2020

Sept 22 Hedge fund Elliott Management and buyout firm Veritas Capital have made a joint bid for Cubic Corp following weeks of private talks with the defense and transportation technology firm, people familiar with the matter said on Tuesday.

Illumina to buy Jeff Bezos-backed cancer testing firm Grail in $8 billion deal

21 Sep 2020

Illumina Inc said on Monday it would buy cancer screening startup Grail Inc in a cash-and-stock deal worth $8 billion, buying out investors including Jeff Bezos and snatching back a business it spun out four years ago.

COVID-19 vaccine developer CureVac shares more than triple after U.S. debut

15 Aug 2020

Shares of German biotechnology firm CureVac BV soared as much as 222% after their Nasdaq debut on Friday, in the first stock market opening of a company developing a potential vaccine to combat the novel coronavirus.

Coronavirus vaccine developer CureVac raises $213 million in IPO: source

14 Aug 2020

NEW YORK CureVac BV raised $213 million in its initial public offering (IPO) in New York on Thursday, a person familiar with the matter said, setting the stage for the first stock market debut of a company developing a promising vaccine to combat the coronavirus.

Teladoc bets big on online medicine with $18.5 billion Livongo deal

06 Aug 2020

Remote medicine company Teladoc Health Inc has agreed to acquire chronic care provider Livongo Health Inc for $18.5 billion, seeking to expand its offerings amid a boom in virtual healthcare spurred by the coronavirus pandemic.

Electric bus maker Proterra considers deal to go public: sources

23 Jul 2020

U.S. electric bus manufacturer Proterra Inc is considering going public through a merger with a blank-check company, eschewing the traditional initial public offering that it explored last year, according to people familiar with the matter.

Hair loss treatment vendor Hims seeks deal to go public: sources

22 Jul 2020

Hims Inc, a U.S. online provider of mens' healthcare and consumer products ranging from hair loss treatments to Viagra, is exploring going public through a merger with a blank-check acquisition company that could value it at more than $1 billion, according to people familiar with the matter.

COVID floors aero suppliers after years of planemaker blows

21 Jul 2020

SEATTLE/NEW YORK Before the 737 MAX and COVID-19 crises rocked aviation, Boeing offered a major 737 supplier, Teledyne Controls, a take-it-or-leave-it deal.

FOCUS-COVID floors aero suppliers after years of planemaker blows

21 Jul 2020

* Planemakers offered record output in exchange for price cuts

Shares of online insurance broker GoHealth rise in Nasdaq debut

15 Jul 2020

Shares of GoHealth Inc jumped as much as 25% in their Nasdaq debut Wednesday as investors bet that more U.S. consumers will buy health insurance online in the future.

World News