Funding & Business
CapVest Nears €10 Billion Deal for Drugmaker Stada
CapVest Partners is nearing a deal to acquire Stada Arzneimittel AG for around €10 billion ($11.7 billion) including debt, potentially ending the long-running saga to sell the German drugmaker, according to people familiar with the matter.
The London-based buyout firm is finalizing terms of an agreement with Stada’s private equity owners Bain Capital and Cinven, the people said. They could announce a deal as soon as Monday if there aren’t any last-minute hiccups, according to the people, who asked not to be identified because the information is private.
Hong Kong’s short-term funding costs have come off their highs this week, with analysts saying local interest rates look to be peaking after they spiked higher last month.
Source link
Indonesia’s state-owned oil giant PT Pertamina is seeking a $2.5 billion short-term loan, according to people familiar with the matter, in what could be among the biggest dollar deals in the nation this year.
Source link
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s 15% lower than current levels, to help cushion the blow from President Donald Trump’s punitive tariffs.
Source link
-
Business6 days agoThe Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial
-
Tools & Platforms3 weeks ago
Building Trust in Military AI Starts with Opening the Black Box – War on the Rocks
-
Ethics & Policy1 month agoSDAIA Supports Saudi Arabia’s Leadership in Shaping Global AI Ethics, Policy, and Research – وكالة الأنباء السعودية
-
Events & Conferences4 months agoJourney to 1000 models: Scaling Instagram’s recommendation system
-
Jobs & Careers2 months agoMumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Education2 months agoVEX Robotics launches AI-powered classroom robotics system
-
Funding & Business2 months agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Podcasts & Talks2 months agoHappy 4th of July! 🎆 Made with Veo 3 in Gemini
-
Podcasts & Talks2 months agoOpenAI 🤝 @teamganassi
-
Education2 months agoAERDF highlights the latest PreK-12 discoveries and inventions