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Grifols (GRFS) has reached an agreement with Tiancheng International Investment Ltd. to acquire 100% of the shares of Tiancheng (Germany) Pharmaceutical Holdings AG, German company owner of 89.88% of Biotest ordinary shares and 1.08% of Biotest preferred shares, for 1.1 billion euros. The deal values...

Stellantis N.V. (STLA), one of the world's leading automakers and a mobility provider, announced that the company's CEO Carlos Tavares has decided to step down from the Airbus (EADSF.PK, EADSY.PK) Board at the end of his second term in 2022. Stellantis said the personal decision should allow Carlos...

The U.K. Competition and Markets Authority said Friday that it is considering whether acquisition by Pennon Group of Bristol Water Holdings UK Limited could cause a substantial lessening of competition. The CMA is inviting comments from any interested party by October 1. In June 2021, Pennon Group...

Aegon said Friday that it will repurchase common shares for an amount of 96 million euros to neutralize the dilutive effect of its 2021 interim dividend paid in shares. The repurchase will commence on October 1, 2021 and is expected to be completed on or before October 26, 2021. The shares will...

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) and the Government of Western Australia will open the Tom Price COVID-19 vaccination clinic aimed at boosting vaccination rates in the Pilbara, Western Australia, the Anglo-Australian mining giant said in a statement. The clinic, set up in partnership with...

Invesco Ltd. (IVZ) is in talks to merge with State Street Corp.'s (STT ) asset-management business, the Wall Street Journal reported citing people familiar with the matter. A deal isn't imminent, and the discussions might not result in an agreement, the Journal reported. According to the Journal,...

bp (BP.L, BP_UN.TO, BP), ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs, bp said in a statement. As per the first agreement, the companies will collaborate...

Shanghai Junshi Biosciences Co., Ltd. and Coherus BioSciences Inc. (CHRS) said an interim results from Phase 3 clinical trial has provided strong evidence that addition of toripalimab to chemotherapy as a first-line treatment for advanced or metastatic esophageal squamous cell carcinoma patients has...

Novartis (NVS) announced positive health-related quality of life or HRQoL data from its Phase III VISION study evaluating 177Lu-PSMA-617, an investigational targeted radioligand therapy, plus standard of care for metastatic castration-resistant prostate cancer or mCRPC versus standard of care alone. Many...

Novavax Inc. (NVAX) said Thursday that it will participate in a newly expanded Phase 2 clinical trial called "Comparing COVID-19 Vaccine Schedule Combinations - Stage 3" or Com-COV3. The study will be led by the University of Oxford and funded by the UK Vaccines Taskforce or VTF and the National Institute...

Eli Lilly and Company (LLY) Thursday said that the U.S. Food and Drug Administration has expanded the Emergency Use Authorization for bamlanivimab and etesevimab administered together to include post-exposure prophylaxis in certain individuals for the prevention of SARS-CoV-2 infection. The neutralizing...

T-Mobile (TMUS) said it is upgrading 500 stores across the country to now include in-store device repairs by experts from Assurant. Starting November 1, the company's customers with Protection 360 can avail in-store same-day repairs through an online appointment. T-Mobile is also adding new Protection...

Tetra Tech, Inc. (TTEK), a provider of consulting and engineering services, announced Thursday that the U.S. Agency for International Development (USAID) awarded Tetra Tech a multiple-award contract to provide global infrastructure services with a shared capacity of $800 million. Tetra Tech has provided...

Modine Manufacturing Company (MOD) said the company is creating a separate business division to focus exclusively on thermal management systems for electric vehicles. The company noted that this marks an important step in accelerating electric vehicle strategy. Neil Brinker, CEO, said: "We plan to...

Zurich Insurance Group AG (ZURVY) is considering a sale of some of its general insurance assets in Australia, Bloomberg reported citing people familiar with the matter. According to the report, the Swiss firm is working with an adviser on the potential divestment of non-core commercial assets in Australia....

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