Crédit Agricole Consumer Finance said the company is investing in Cosmobilis, the holding company of ByMyCAR, the French car distribution group in Europe. CA Consumer Finance will be subscribing to 100% of Cosmobilis' capital increase, for an amount of 100 million euros, with the help of IDIA Capital...
Pfizer Inc. (PFE) said that it will supply the United Kingdom an additional 2.5 million treatment courses of its investigational candidate PAXLOVID (nirmatrelvir [PF-07321332] tablets and ritonavir tablets).
It is in addition to the 250,000 treatment courses previously contracted by the UK Government,...
Specialty chemicals company Croda International Plc. (CRDA.L) said that it agreed to sell the majority of its Performance Technologies and Industrial Chemicals or "PTIC" businesses to Cargill Velocity Holdings Limited, a wholly owned subsidiary of Cargill Inc, for an enterprise value of 915 million euros...
Syncona Limited (SYNC.L) said it agreed to sell its portfolio company Gyroscope Therapeutics Holdings plc to Novartis (NVS) for up to $1.5 billion on a cash and debt free basis, with an upfront payment of $800 million and up to $700 million potentially due upon the achievement of certain customary milestones...
A.P. Møller - Mærsk A/S (AMKAF.PK, AMKBF.PK) has agreed to acquire 100% of the shares in LF Logistics Holdings Limited in an all-cash deal. The enterprise value of the deal is $3.6 billion including post-IFRS 16 lease liabilities. An earn-out with a total value of up to $160 million related to future...
Southwest Gas Holdings Inc. (SWX) said that the Delaware Court of Chancery issued a ruling from the bench denying the motion of Icahn Partners LP and Icahn Partners Master Fund LP for a temporary restraining order with respect to Southwest Gas' permanent financing for its acquisition of Dominion Energy...
BlackBerry Limited (BB, BB.TO) reported that its third-quarter net income was $74 million compared to a loss of $130 million in the prior year. On a per share basis, net loss narrowed to $0.05 from $0.23 in the previous year.
On a non-GAAP basis, results were break even per basic share compared to...
Gilead Sciences Inc. (GILD) said that the U.S. Food and Drug Administration has placed a clinical hold on the use of injectable lenacapavir in borosilicate vials in all ongoing clinical studies for HIV treatment and HIV pre-exposure prophylaxis.
The FDA's clinical hold is due to emerging concerns...
Novavax (NVAX) said Tuesday that the WHO Strategic Advisory Group of Experts on Immunization or SAGE has recommended primary two-dose vaccination series of its COVID-19 vaccine NVX-CoV2373 in persons aged 18 and older. The panel of experts also recommended additional third dose of NVX-CoV2373 administered...
Novavax Inc. (NVAX) announced initiation of PREVENT-19 COVID-19 vaccine phase 3 trial booster study.
The company noted that booster doses of NVX-CoV2373, the company's recombinant nanoparticle protein-based COVID-19 vaccine with Matrix-M adjuvant, have been administered in an extension of the company's...
Mastercard (MA) agreed to acquire McDonald's (MCD) state-of-the-art personalization platform and decision engine company, Dynamic Yield. Terms of the agreement were not disclosed.
The transaction is anticipated to close in the first half of 2022. Upon close, current chief technology officer Ori Bauer...
GE Digital said that it agreed to acquire Opus One Solutions Energy Corp., a software company that helps electric utilities optimize energy planning, operations, and market management. The terms of the deal were not disclosed.
The transaction is expected to close within 30 days.
In a separate press...
AT&T Inc. (T) on Tuesday agreed to sell its global programmatic advertising marketplace, Xandr Inc., to Microsoft Corp. (MSFT). The financial terms of the deal were not disclosed.
The agreement builds on a decade-long relationship between Xandr, including its predecessor companies, and Microsoft for...
Deciphera Pharmaceuticals, Inc. (DCPH) announced the UK Medicines and Healthcare products Regulatory Agency has granted marketing authorization for QINLOCK in the UK for the treatment of adult patients with advanced gastrointestinal stromal tumor who have received prior treatment with three or more kinase...
Rigel Pharmaceuticals, Inc. (RIGL) announced Tuesday that its collaboration partner, Kissei Pharmaceutical Co., Ltd., has released positive topline results from its Phase 3 clinical trial in Japan evaluating fostamatinib disodium hexahydrate for the treatment of adult chronic immune thrombocytopenia...