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Airspan Networks Inc., a 5G technology company, on Monday entered into a definitive business combination agreement with and into New Beginnings Acquisition Corp. or NBA, a special purpose acquisition company (SPAC). The combination is expected to have an enterprise value of nearly $822 million. Upon...

Coherent, Inc. (COHR) said its board has unanimously determined that a revised acquisition proposal received from II-VI Incorporated (IIVI) constitutes a Superior Proposal under pending merger agreement with Lumentum Holdings Inc. (LITE). Under the revised proposal, each share of Coherent common stock...

Responding to Sky News' article regarding the company, Telecom company BT Group plc (BT_A.L, BT) said that there has been no misalignment between the board and executive management over the company's strategy. The company announced on 1 March the intention of Jan du Plessis to retire as Chairman in...

CRH plc (CRH, CRH.L) has entered into arrangements with Societe Generale to repurchase ordinary shares on CRH's behalf for a maximum consideration of $300 million. The buyback will commence on 8 March 2021, and will end no later than 24 June 2021. The ordinary shares will be repurchased on Euronext Dublin....

Dutch brewer Heineken NV (HKHHF.PK) announced Monday that the Supervisory Board will nominate Harold van den Broek to be appointed as member of the Executive Board and Chief Financial Officer at the company's Annual General Meeting of Shareholders on April 22, for a period of four years. Broek will...

Pearson PLC (PSO, PSON.L) reported profit before tax of 354 million pounds for the year ended 31 December 2020 compared to 232 million pounds, prior year. Earnings per share was 41.0 pence compared to 34.0 pence. Adjusted operating profit declined to 313 million pounds from 581 million pounds. Excluding...

Valneva SE announced Monday that the specialty vaccine company and Pfizer Inc. (PFE) have initiated Phase 2 VLA15-221 study for Lyme Disease vaccine candidate. Lyme disease is a systemic infection caused by Borrelia bacteria burgdorferi sensu lato transmitted to humans by infected Ixodes ticks VLA15-221...

Domino's Pizza Group plc has agreed to sell its entire shareholding in PPS Foods AB (Domino's Sweden) to Eyja fjárfestingafélag III EHF, a unit of Eyja fjárfestingafélag EHF, a company controlled by Birgir Bieltvedt. Domino's Sweden is the master franchisee of Domino's Pizza in Sweden. Domino's Pizza...

Genentech, a member of the Roche Group (RHHBY), said Monday that it will voluntarily withdraw the U.S. indication for Tecentriq or atezolizumab in prior-platinum treated metastatic urothelial carcinoma or mUC, bladder cancer. The company said it has taken the decision as part of an industry-wide review...

Moderna, Inc. (MRNA) announced that it has supply agreement with the Government of The Philippines for 13 million doses of the COVID-19 Vaccine Moderna. As per the terms of deal, deliveries would begin in mid-2021. The COVID-19 Vaccine Moderna is not currently approved for use in the Philippines....

Arco Platform Ltd (ARCE) announced that it has agreed with Pearson Education do Brasil Ltda. to acquire COC and Dom Bosco, two important K-12 learning systems in Brazil, for R$920 million in cash. Pursuant to the deal terms, 80% of the purchase price payable at the time of closing, and the remaining...

The Securities and Exchange Commission have charged AT&T with repeatedly violating Regulation FD, and three mid-level investor relations employees with aiding and abetting AT&T's violations, by selectively disclosing material nonpublic information to research analysts, allowing the company to avoid falling...

Shares of Nurix Therapeutics Inc. (NRIX) are gaining over 8% on Friday morning. The biopharmaceutical company announced pricing of upsized public offering, raising $139.5 million. NRIX is currently trading at $35.35, up $2.86 or 8.80%, on the Nasdaq. Nurix Therapeutics priced its offering of 4.5...

Abbott (ABT) said that it has received emergency use authorization from the U.S. Food and Drug Administration for the company's Alinity m Resp-4-Plex molecular assay to detect and differentiate SARS-CoV-2, influenza A, influenza B and respiratory syncytial virus or RSV in one test. It is an important...

Volkswagen (VKW.L, VLKAF.PK, VOW.BE) said Friday that it plans to rapidly accelerate the global e-campaign once again. By 2030, the brand will increase its market share to over 70 percent of deliveries of all-electric cars in Europe - double the previous planning target of 35 percent. In the United...

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