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Ginkgo plans a $17.5 billion merger with SPAC that took DraftKings public


Ginkgo plans a $17.5 billion merger with SPAC that took DraftKings public
Jonathan Saltzman
© Scott Eisen
Jason Kelly, cofounder and chief executive of Ginkgo Bioworks.
Ginkgo Bioworks, one of the hottest biotech startups in Massachusetts, said Tuesday that it plans to go public through a $17.5 billion merger with a so-called blank check company backed by Harry Sloan and Jeff Sagansky, the veteran media industry executives who helped take the Boston sports-betting company DraftKings public last year.
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The deal values Ginkgo at $15 billion, making the merger one of the biggest of its kind. Ginkgo programs cells to produce new proteins, scents, antibiotics, cannabinoids, and other products for a growing array of industries. Launched in 2008 by five scientists from the Massachusetts Institute of Technology, it now employs about 500 people, most of them in Boston’s Seaport. ....

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Paint manufacturing plant in Rawang suspected of releasing prohibited effluent


PUTRAJAYA (Bernama): A paint manufacturing and sales factory at the Nautical Industrial Park in Rawang, Selangor, is suspected of releasing prohibited effluent into a sewage treatment plant owned by Indah Water Konsortium Sdn Bhd (IWK).
According to the National Water Services Commission (SPAN), they received a complaint from IWK regarding the release of the prohibited effluent on Sunday (Jan 17) and then made a surprise inspection of the plant.
The factory was suspected of illegal discharge of effluent, namely red paint manufacturing wastewater into the public sewerage system which then flowed into the Sewage Treatment Plant/ Pump Station (GBK 281) owned by IWK at Rawang Nautical Industrial Park, Selangor. ....

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New lease deal values Seaport's Innovation and Design Building at $710m


New lease deal values Seaport’s Innovation and Design Building at $710m
Development giant Related Cos. is taking a 50 percent stake in the massive complex.
By Tim Logan Globe Staff,Updated December 22, 2020, 4:26 p.m.
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The Innovation and Design Building in the Seaport District.David L Ryan/Globe Staff/file
The value of one of the biggest buildings in the Seaport District has skyrocketed, with a new investor planning more upgrades to a space that already has undergone about $200 million in renovations.
An arm of development giant Related Cos. will take a 50 percent stake in the Innovation and Design Building, a vast complex on the far edge of the Seaport that is rapidly becoming a hub for creative office space. The joint venture with Jamestown — another national developer that operates the city-owned building under a long-term lease with the Boston Planning & Development Agency — values the 1.4 million-square-foot complex at ....

United States , Marine Industrial Park , Raymondl Flynn , Davis Cos , Elkus Manfredi , Gingko Bioworks , Related Beal , Harbor Street , Falcon Ave , ஒன்றுபட்டது மாநிலங்களில் , கடல் தொழில்துறை பூங்கா , டேவிஸ் கோஸ் , தொடர்புடையது பீல் , துறைமுகம் தெரு , ஃபால்கன் அவே ,