Shares in Spanish pharmaceutical company PharmaMar spiked over 20% on Tuesday after it cited a paper published by peer-reviewed journal Science that confirmed "potent preclinical efficacy" of its drug Aplidin against COVID-19.
By Reuters Staff
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FILE PHOTO: A scientist presents a silicon wafer during a media presentation in one of the low particle pollution nanofabrication clean rooms of the Swiss Federal Institute of Technology (EPFL) in Ecublens, near Lausanne May 16, 2011. REUTERS/Valentin Flauraud
BERLIN (Reuters) - Taiwan’s GlobalWafers made what it said was a final attempt to save a 4.35 billion euro ($5.3 billion) bid for Germany’s Siltronic on Monday by lowering the minimum acceptance threshold and extending its offer deadline.
The proposed deal would combine GlobalWafers, the number three player in the 300 millimetre wafers market and Siltronic, the fourth biggest, to create the world’s second-largest player behind Japan’s Shin-Etsu.
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(Reuters) - A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal valued at $7.3 billion, the companies said on Monday.
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid
Reuters was first to report on Sunday that special purpose acquisition company (SPAC) Foley Trasimene Acquisition Corp was nearing a deal with Alight.
Shares of Reliance Industries Ltd fell as much as 4.7% in early trade on Monday after the Indian conglomerate posted a sharp drop in quarterly revenue from its dominant oil-to-chemicals business.
Shares in MONETA Money Bank rose more than 11% on Monday after Czech billionaire Petr Kellner's PPF group renewed an attempt to gain majority control through an offer similar to a plan that failed two years ago.