Mars, which founded a $100 million venture fund to support startups that provide services for animals, signed a deal with Nordic Capital to purchase an AniCura veterinary clinic chain. The deal, which, according to Reuters, is estimated at between $1 billion180 million to $2 billion 360 million, is one of the largest in the sector. For Mars, this is the second deal in the last two weeks. Earlier, the company acquired the British veterinary company Linnaeus from the private equity fund Sovereign Capital Partners. AniCura chain covers 200 clinics in the Netherlands, Austria, Germany, Switzerland and Scandinavian countries.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...