Illumina hit with record fine for closing Grail deal without EU regulatory approval
The European Commission last year blocked Illumina's $7.1 billion acquisition of Grail over concerns it would stifle innovation and consumer
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Mergers and acquisitions
Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says
Southeast Asia's initial public offering market is showing promising signs amid a global IPO slowdown in the first half of
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India’s HDFC Bank completes $40 billion takeover of the country’s largest mortgage lender. Here’s what it means
The HDFC-HDFC Bank merger took effect on July 1, following shareholder and regulatory approvals. Source link
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China’s Shein denies U.S. IPO rumors
Chinese fast fashion giant Shein denies a Reuters report that said it has filed for an initial public offering in
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Japan-backed fund to buy critical semiconductor firm JSR for $6.3 billion as chip tensions rise
The Japanese Investment Corporation, a fund backed by the country's government, proposed to buy JSR for around 903.9 billion yen
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Eli Lilly to acquire Dice Therapeutics for $2.4 billion in autoimmune treatment push
Dice is a biopharmaceutical company that uses a proprietary technology platform to develop new oral therapeutic drugs for autoimmune diseases.
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iRobot shares surge after UK regulator clears Amazon acquisition
The Competition and Markets Authority said it determined the deal would not result in "a substantial lessening of competition" in
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TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
GetYourGuide said it has raised $194 million of equity and debt financing from investors including UniCredit, Blue Pool Capital and
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Credit Suisse drops China bank plan to avoid regulatory conflict under UBS, sources tell Reuters
UBS, which is acquiring Credit Suisse as part of a government-orchestrated rescue, already has a locally incorporated bank in China, said the sources. Source link
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