Edition:
United States

Rebecca Spalding

Clover Health to go public via $3.7 billion deal with Social Capital

Oct 06 2020

U.S. insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III in a deal valued at $3.7 billion including debt, the company said on Tuesday.

Elliott and Veritas Capital submit offer for Cubic -sources

Sep 22 2020

Sept 22 Hedge fund Elliott Management and buyout firm Veritas Capital have made a joint bid for Cubic Corp following weeks of private talks with the defense and transportation technology firm, people familiar with the matter said on Tuesday.

Illumina to buy Jeff Bezos-backed cancer testing firm Grail in $8 billion deal

Sep 21 2020

Illumina Inc said on Monday it would buy cancer screening startup Grail Inc in a cash-and-stock deal worth $8 billion, buying out investors including Jeff Bezos and snatching back a business it spun out four years ago.

COVID-19 vaccine developer CureVac shares more than triple after U.S. debut

Aug 14 2020

Shares of German biotechnology firm CureVac BV soared as much as 222% after their Nasdaq debut on Friday, in the first stock market opening of a company developing a potential vaccine to combat the novel coronavirus.

Coronavirus vaccine developer CureVac raises $213 million in IPO: source

Aug 13 2020

NEW YORK CureVac BV raised $213 million in its initial public offering (IPO) in New York on Thursday, a person familiar with the matter said, setting the stage for the first stock market debut of a company developing a promising vaccine to combat the coronavirus.

UPDATE 4-Teladoc bets big on online medicine with $18.5 bln Livongo deal

Aug 05 2020

* Deal to create leader in online acute care and chronic care management

Electric bus maker Proterra considers deal to go public: sources

Jul 22 2020

U.S. electric bus manufacturer Proterra Inc is considering going public through a merger with a blank-check company, eschewing the traditional initial public offering that it explored last year, according to people familiar with the matter.

Hair loss treatment vendor Hims seeks deal to go public: sources

Jul 22 2020

Hims Inc, a U.S. online provider of mens' healthcare and consumer products ranging from hair loss treatments to Viagra, is exploring going public through a merger with a blank-check acquisition company that could value it at more than $1 billion, according to people familiar with the matter.

COVID floors aero suppliers after years of planemaker blows

Jul 21 2020

SEATTLE/NEW YORK Before the 737 MAX and COVID-19 crises rocked aviation, Boeing offered a major 737 supplier, Teledyne Controls, a take-it-or-leave-it deal.

World News