Angelini Pharma SpA will buy U.S. rival Catalyst Pharmaceuticals Inc. for $4.1 billion in cash, the companies said Thursday, a transaction that will give the Italian company access to therapeutics for rare diseases affecting the brain.
Angelini Pharma SpA will buy U.S. rival Catalyst Pharmaceuticals Inc. for $4.1 billion in cash, the companies said Thursday, a transaction that will give the Italian company access to therapeutics for rare diseases affecting the brain.
Aberdeen Investments said Thursday that it has agreed to a deal with activist investor Saba Capital Management to manage Herald Investment Trust PLC, as part of a compromise to secure the trust's long-term future.
UniCredit SpA said Thursday that it will take a hit of up to €3.3 billion ($3.9 billion) on its profits to sell part of its Russian subsidiary to an investor in the United Arab Emirates as the Italian lender moves to distance itself from sanctioned clients.
Atlantic Lithium said on Thursday that it has agreed to be sold to Chinese battery giant Huayou for approximately $210 million in an all-cash deal amid the global rise in the use of batteries to reduce global warming.
British Gas owner Centrica said Thursday that it has acquired a power station in South Wales for approximately £370 million ($504 million) in a deal guided by Slaughter and May and Freeths LLP.
Global funding for insurance technology companies remained steady at $1.63 billion in the first three months of this year, Gallagher Re said Thursday, while almost all of that investment went to companies focused on artificial intelligence.
The United Kingdom's antitrust authority determined Thursday that several of Welltower Inc.'s U.K. senior housing acquisitions create "a realistic prospect of a substantial lessening of competition."
The Iran war could cost the U.K. government up to £8 billion ($10.9 billion) a year through lost tax revenue and higher debt interest payments, a progressive think tank warned Thursday.
Shell PLC said Thursday that it will return $3 billion to shareholders in its latest share buyback program, as the energy giant announced strong results for the first three months of 2026, with the war in Iran boosting oil prices globally.
Linen supplier Johnson Service Group said Thursday that it will begin a share buyback program worth up to £55 million ($75 million) to extend its run of returning cash to investors through repurchases.
Lion Finance Group PLC said Thursday that it will soon launch a share buyback program worth up to 55 million Georgian lari ($20.5 million) to lower its share capital.
Moonpig Group PLC began a share repurchase program on Thursday to return up to £32.5 million ($44 million), the first part of its planned £65 million buyback as it looks to reward investors and reduce its share capital.
Schroders Capital Global Innovation Trust PLC said on Thursday that it has launched a share buyback worth up to £20 million ($27 million), minus costs, to reward shareholders as part of its ongoing managed wind-down.
Laka Ltd. has acquired the bike insurance business of U.K. specialist VeloLife in its fourth takeover since 2023, as the London-based mobility insurer steps up efforts to consolidate Europe's fragmented micromobility sector.
