MILAN (Reuters) – U.S. private equity firm Carlyle Group has asked investors to submit bids for Irca in a deal valuing the Italian food ingredients maker at more than 1 billion euros ($1.1 billion), two sources close to the matter said. Carlyle, which owns 97% of the group based north west of Milan, has sent…
(Reuters) – Alnylam Pharmaceuticals Inc on Thursday filed lawsuits in Delaware federal court against Pfizer Inc and Moderna Inc, claiming their multibillion-dollar mRNA COVID-19 vaccines infringe one its patents. Alnylam said it was seeking damages over the use of lipid nanoparticle (LNP) technology used in the Pfizer/BioNTech and Moderna vaccines to carry and deliver genetic…
By Scott Murdoch and Valentina Za SYDNEY/MILAN (Reuters) -Italian luxury yacht maker Ferretti Group is expected to kick off on Monday the process to list its shares in Hong Kong, aiming for a valuation of around $1 billion as it sells a 25% stake, two sources close to the matter said. Ferretti, controlled by Chinese…
WASHINGTON (Reuters) – The federal judge hearing the Justice Department’s fight to block UnitedHealth Group’s $8 billion deal to buy Change Healthcare said on Thursday that the trial would start on August 1. The Justice Department filed a lawsuit to ask a judge to stop the deal in February, saying it would give the largest…
WASHINGTON (Reuters) -Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy MGM, combining the fabled movie maker behind “Rocky” and “James Bond” with the online retailing giant as it looks to draw consumers through more streaming video. In a blog post, Amazon said it would welcome all MGM employees to…
By Devik Jain and Susan Mathew (Reuters) -U.S. stock indexes were set to open lower on Thursday as investors assessed the Federal Reserve’s hawkish stance in the face of surging inflation, while keeping a wary eye on developments around the Ukraine crisis. Signs of progress in talks to end what Russia calls “a special military…
(Reuters) -The Russian rouble firmed in Moscow on Thursday and saw volatile trade offshore but stayed weaker than 100 to the U.S. dollar in both markets, with investors watching Russia-Ukraine talks and foreign currency coupon payments on Russia’s sovereign debt. Russia said it had made debt payments that were due this week but the announcement…
By Julia Payne LONDON (Reuters) – A $40 a barrel rise and fall in oil prices in March pushed many investors to exit the volatile trade and created the conditions for more wild price swings in the weeks ahead, traders, bankers and analysts said. The Russian invasion of Ukraine has driven many commodity prices to…
By Simon Jessop LONDON (Reuters) – Swiss Re, the world’s second biggest reinsurer, said it would increase the number of oil and gas producers for which it refuses cover, following mounting pressure on big business to help the drive to curb a global temperature rise. In its annual sustainability report on Thursday, Swiss Re said…
PARIS (Reuters) – U.S. tech giant Microsoft is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs said on Thursday. The complaint, filed with the European Union’s competition watchdog months ago, alleges that Microsoft’s contractual and business practices make it costly and difficult for users of…
