Scorpion’s drug candidate inhibits a mutation that is a major driver of breast, gynaecological and head and neck cancers
Purchase comes as US electricity system grapples with historic rise in power demand
Two people were killed in September shootings at headquarters of retailer co-founded by country’s richest woman
An IPO would probably have needed to price the shares at a discount to peers with longer histories as listed companies
Bucharest could mirror Spain’s recent decision to block a takeover on security grounds, says Sebastian Burduja
Why Meta tapped UFC’s chief for its board and corporates start the year with historic bond issuance
Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chain
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-Tard
Plus, European companies should prepare for activists and US banks confront whether they can underwrite blacklisted companies in Hong Kong
Italian cable company hopes manufacturing base in America will insulate it from Donald Trump’s tariffs
Alacrity’s restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman
Negotiations come amid demand surge linked to growth in artificial intelligence technologies
Billionaire in discussions over funding proposed deal to buy the British newspaper
IDRx tests treatment for digestive system cancer that affects 4,000 to 6,000 people a year in US
British presenter’s production company to acquire his ‘Uncensored’ show
Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-Cliffs
Plus, one tech investor thinks Europe still has a shot at the AI race and Blackstone gets in on the accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuations
Buyer of ExxonMobil’s assets in the west African country wants to double production within six months
Plus, Nippon sues the US over blocked steel deal and the pressure is on for new investment banker hires to deliver
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration
Public battle between private equity bidders for software company tests new ground in Japan
Donald Trump calls for American steel group to remain independent company
Boutiques counting on M&A rebound to support elevated valuations and star hires
Hedge fund’s founder and owner of the English club has had preliminary talks with at least one possible buyer