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US biotech viewed as lucrative target partly because of its promising pipeline of weight-loss drugsNovo Nordisk has launched a surprise $9bn (£6.9bn) offer for the US obesity-focused biotech firm Metsera that could gazump an existing bid from Pfizer as…
Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in postUS authorities had raised concerns about the boss of a China-owned chipmaker before it was taken over by the Dutch government this week, ac…
Currently part of private equity firm Godspeed Capital, SilverEdge recently announced a generative AI platform designed to handle TS/SCI national security data, which it says is already operational at multiple, unnamed agencies.
Modella Capital warns of ‘inevitable’ closures and job losses at accessories chain while administrators will run remaining storesBusiness live – latest updatesThe private equity firm which owns Hobbycraft has signed a deal to rescue half of the UK and …
Supermarket confirms it is no longer in discussions to sell the retail business it bought for £1.1bn in 2016Sainsbury’s hopes of offloading its retail business Argos to one of China’s biggest retailers have collapsed as talks ended on Sunday.The superm…
Workers sound alarm over proposed Union Pacific and Norfolk Southern deal and its risks to jobs, prices and powerA proposed mega-merger of two of the largest railroad companies in the US will hurt jobs, raise costs for consumers and increase the risk o…
Streaming platform known for subscription-based adult content reports $1.4bn revenue and rising usageThe owner of OnlyFans was paid $701m (£523m) in dividends last year as the streaming platform best known for offering adult content readies for a poten…
Jobs expected to go if competition watchdog approves takeover by Associated British FoodsBusiness live – latest updatesThe owner of Kingsmill has agreed to buy its rival Hovis in a deal worth an estimated £75m that could create the UK’s biggest bread b…
Hong Kong’s CKI among those lining up to acquire struggling company if it collapsesA Chinese firm is reportedly a leading contender to buy Thames Water if the heavily indebted company collapses in coming weeks.Hong Kong’s CKI, which invests in power an…
Letter from rights groups says RedBird Capital’s proposed takeover threatens media pluralism and transparencyA group of nine human rights and freedom of expression organisations have called on the culture secretary to halt RedBird Capital’s proposed £5…