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J&J buys Abiomed for $16.6 billion

U.S. Johnson & Johnson inked a deal Tuesday to buy heart pump company Abiomed Inc for $16.6 billion in cash, according to Reuters, as the company seeks to boost its medical device business following a planned spin-off of its over-the-counter drugs unit next year.

2 November 2022
Dogecoin soars amid hopes for Twitter integration

According to CoinTelegraph, the price of the cryptocurrency Dogecoin has changed significantly in the last week. After the acquisition of Twitter by Elon Musk, the price increased, thus, taking the eighth position in the world ranking of cryptocurrencies.

1 November 2022
Elon Musk begins Twitter ownership with firing top executives

On Thursday, last week, Elon Musk finally acquired Twitter. His first act as head of the company was to fire top executives, but along with this he also clarified how he sees the future of the company and the social network and what he plans to achieve.

31 October 2022
Altria starts cooperation with Japan Tobacco to develop the smoke-free products

On Thursday, the management of Altria Group Inc announced the start of cooperation with Japan Tobacco to increase the output of smoke-free products.

31 October 2022
Walmart to raise up to $3 billion for Flipkart

Flipkart, a subsidiary of Walmart, is planning an expansion in India to successfully stand up to competitors. It will need about $3 billion to increase its product offerings.

26 October 2022
Mobileye, an Intel unit, raised $861 million in IPO

Reuters reports that Mobileye Global Inc, the unit of chip maker Intel Corp, which develops self-driving systems, raised $861 million in an initial public offering (IPO) without fear of trading volatility.

26 October 2022
Philip Morris gets EU approval to buy Swedish Match

The European Commission said Tuesday that U.S. tobacco company Philip Morris has obtained permission from the European Union's antitrust agency to buy Swedish Match for $16 billion. The acquisition comes despite the giant's earlier statements on selling its logistics business.

26 October 2022
Musk plans to close the Twitter deal by Friday

According to Reuters, Elon Musk plans to close the deal of acquiring Twitter Inc by Friday, as he informed his co-investors, who provide funding of this purchase. The social network’s acquisition will cost Musk $44 billion.

26 October 2022
Tesla is considering investments in Mexico

The CEO of Tesla Inc. Elon Musk is eyeing potential funding in the Mexican state of Nuevo Leon, located in the north on the border with Texas. This is reported by insiders.

25 October 2022
Philip Morris to get EU approval for Swedish Match before November 4

Philip Morris is planning to receive approval from European Union competition authorities to acquire Swedish Match for $16 billion on condition that the logistics unit of the company will be sold.

25 October 2022