Northern Indiana Public Service Company LLC, a subsidiary of NiSource Inc. (NI), Wednesday shared that it has received a federal order for continued operation of R.M. Schahfer Generating Station, an operating power station, beyond its scheduled retirement date of December 31, 2025. The company added...
Secure Trust Bank PLC (STB.L), Wednesday announced an agreement to sell its Consumer Vehicle Finance business to funds managed by LCM Partners, an European Alternative Investment Fund Manager, for an estimated price of 458.6 million pounds. The move is in line with the company's strategic plan to...
Foresee Pharmaceuticals (6576.TWO) announced positive topline results from Phase 3 Casppian trial evaluating the efficacy and safety of FP-001 42 mg, an investigational, sustained-release GnRH agonist, administered every six months in children with Central Precocious Puberty. The company said the proportion...
LG Energy Solution, Limited (373220.KS), a South Korean battery maker, said on Wednesday that it has decided to sell assets of L-H Battery Company Inc., in Ohio to Honda Development and Manufacturing of America, LLC of Honda Motor Co. Limited (HMC, 7267.T). Excluding land and equipment, the proposed...
The board of Luye Pharma Group Ltd. (2186.HK) announced that certain subsidiaries of the Group have entered into an agreement with Jiangsu Nhwa Hexin Pharmaceutical Marketing Co., a subsidiary of Jiangsu Nhwa Pharmaceutical Co. (002262.SZ), granting Jiangsu Nhwa Pharmaceutical the exclusive rights to...
Accenture (ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian technology company that provides specialized core banking and IT managed services to mid-size financial institutions. The company said the acquisition will enhance the managed services portfolio...
Global investment firm KKR & Co. Inc. (KKR) on Wednesday said that it has successfully completed its tender offer for the common shares and share options of Forum Engineering Inc. The tender offer was conducted through KJ003 Co., Ltd., an entity, which is owned by funds managed by KKR. The company...
Li-FT Power Ltd. (LIFFF, LIFT.V), on Monday, announced that it has entered into a definitive project acquisition agreement with Azimut Exploration Inc. (AZMTF, AZM.V) to acquire Azimut's 50% interest in the Galinée lithium property in Québec. The consideration includes 2 million Li-FT common shares,...
British Oil and gas major bp plc (BP, BP.L, BP_UN.TO) announced Wednesday its agreement to sell a 65% shareholding in lubricants maker Castrol to alternative investment firm Stonepeak at an enterprise value of $10 billion. The implied total equity value of Castrol is $8.0 billion excluding JV minority...
PAG, an Asian alternative investment firm, KKR & Co. Inc. (KKR), and Sapporo Holdings Limited (SBW.F, 2501.T), a Japanese alcoholic beverages company, announced on Wednesday that the funds managed by PAG and KKR have inked deals to acquire Sapporo Real Estate Co., Ltd. from Sapporo Holdings. The...
Organogenesis Holdings Inc. (ORGO) ,a regenerative medicine company announced that it has initiated the submission of a Biologics License Application or BLA to the US Food and Drug Administration or FDA for its lead amniotic suspension allograft, ReNu, for the management of symptomatic knee arthritis. The...
Sanofi (SNY, SAN.PA) has entered into an agreement to acquire Dynavax Technologies, a publicly traded vaccines company with a marketed adult hepatitis B vaccine and differentiated shingles vaccine candidate. Sanofi will commence a cash tender offer to acquire all outstanding shares of Dynavax for $15.50...
Sanofi (SNY, SAN.PA) announced that the U.S. Food and Drug Administration has issued a complete response letter (CRL) for the new drug application of tolebrutinib to treat non-relapsing secondary progressive multiple sclerosis (nrSPMS) in adult patients. "We are very disappointed by the FDA's action....
Wayon Energy Technology Co., Ltd., a non-wholly-owned subsidiary of Wasion Holdings Limited, entered into a capital increase agreement with Boyu Capital Investment Limited. Under the agreement, Boyu Capital will subscribe for about 48.81 million new shares in Wayon Energy, representing approximately...
Mitsui Chemicals (4183.T), Idemitsu Kosan (I7B.F, 5019.T), and Sumitomo Chemical (4005.T) previously have entered into a Memorandum of Understanding regarding the integration of the polyolefin business operated by Prime Polymer, a joint venture between Mitsui and Idemitsu, with Sumitomo Chemical's polypropylene...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.