Author: Raghuram Kadari
Hutchison Ports to expand network with $700m investment in Egyptian projects
Hutchison Ports, a Hong Kong-based logistics company, will invest approximately $700 million in two new terminal facilities in Egypt. The new investment takes the port ... Read More
Pfizer to acquire cancer drugmaker Seagen for $43bn in cash
American pharmaceutical and biotechnology company Pfizer has agreed to acquire cancer drugmaker Seagen (formerly Seattle Genetics) for $229 per share or $43 billion in cash, ... Read More
Silver Lake, CPP Investments to acquire XM platform Qualtrics for $12.5bn
Private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments) will acquire Qualtrics, a cloud-native experience management (XM) software provider, for $12.5 ... Read More
SSEN Transmission gets green light for Orkney transmission link in UK
SSEN Transmission, an arm of energy company SSE, has received green light from the UK’s energy regulator Ofgem for the Orkney transmission link, a subsea ... Read More
Vale commissions Gelado Project to reuse tailings for pellet production in Brazil
Brazilian mining company Vale has commissioned the $485 million Gelado Project in Carajás, Pará, with an aim to provide a sustainable destination for tailings. The ... Read More
Sustainable battery technology provider Sakuu to go public via SPAC merger deal
Sakuu Corporation, a sustainable battery technology provider, will become a publicly traded company, following a business combination agreement with Plum Acquisition Corp. I, a special ... Read More
Nutritional company Oats Overnight secures more than $20m in Series A
US-based nutritional company Oats Overnight has secured more than $20 million in a Series A funding round. Oats Overnight plans to use the proceeds from ... Read More
Essar Group to invest $3.6bn to accelerate energy transition in UK and India
Indian conglomerate Essar Group has launched a new entity called Essar Energy Transition (EET) to accelerate the energy transition in the UK and India. Essar ... Read More
DigitalReef merges with Gamers Club to create next-gen gaming platform Siprocal
DigitalReef, a mobile and connected TV operator, has merged with Gamers Club, a Latin American gaming community hub, to create a next-gen gaming distribution and ... Read More
Mercedes-Benz begins construction of new German battery recycling plant
Car manufacturer Mercedes-Benz has broken ground on its new battery recycling facility in Kuppenheim, Germany to strengthen the site and accelerate the company’s sustainable business ... Read More
