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The headquarters building of global pharmaceutical firm PPD changed Wilmington’s skyline when

Thermo Fisher Scientific will buy Wilmington-based PPD for $17.4 billion, the companies announced this morning.   Under the agreement, approved by both companies’ boards, Thermo Fisher will acquire PPD for $47.50 per share for the total cash prices as well as assume about $3.5 billion of net debt, according to a news release.   The transaction is expected to be completed by the end of this year but is subject to regulatory approvals, officials said.   After the deal closes, PPD woul...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Christopher Katsarov/(Christopher Katsarov/The Globe TouchBistro Inc. has hired a veteran financial services executive to replace founder Alex Barrotti as chief executive officer, making the Toronto restaurant software firm the la...

By Christina Haley ONeal, posted Apr 14, 2021 Molson Coors has invested in TRU Colors and will help distribute its new brew later this summer. (File photo) TRU Colors has partnered with national beverage company Molson Coors, which has made an equity investment in the local brewery to accelerate its growth, according to a news release. The amount of the investment from Chicago-based Molson Coors Beverage Co. was not disclosed. The partnership, however, will also involve the dis...

Communities and businesses continue to be impacted by two major events that largely defined 2020: CO

By Vicky Janowski, posted Apr 7, 2021 With North Carolina’s legislative session in full swing, this week’s WilmingtonBiz Talk is a check-in with local lawmakers. Members from the area’s legislative delegation talk about key bills, state budget priorities and the outlook on redistricting during which the GOP-led legislature will redraw political maps. They also fill us in on measures with area impacts, such as film grant incentives and local spending items. View the full conversa...

A vegan fine-dining restaurant is expected to open in a couple months on Military Cutoff Road. Laura Tiblier, who owns Ceviche’s with her husband, and Anastasia Worrell, of Slice of Life, have partnered on The Green House at 1427 Military Cutoff Road in the Progress Point commercial complex. The space was previously occupied by Moe’s Southwest Grill.  The Green House will have its own glass greenhouse outside containing pots of herbs and plants that will be used in the restaurant’s plant...

By Cece Nunn, posted Apr 7, 2021 New Hanover, Brunswick and Pender counties are eligible for the Hometown Revitalization Grant program, announced this week by the Duke Energy Foundation. According to a news release, $500,000 in funding is available "to help local businesses – from restaurants to retailers – pivot to accomodate the changing environment." Stephen De May, Duke Energys North Carolina president, said in the release, "These grants will help businesses and store...

New Hanover County has named David Howard as its public health director, according to a news release

By Johanna Cano, posted About 4 hours ago The county’s plan for how it will spend $45.4 million as part of the American Rescue Plan has been rubber-stamped. New Hanover County Commissioners on Monday afternoon approved a framework on how the federal funds will be spent, which includes $3.85 million for business, nonprofit and employment assistance. “New Hanover County has an important responsibility to care for our most vulnerable residents and assist our community as we re...