Investing.com-- Grab Holdings Ltd (NASDAQ:GRAB) has started due diligence on Indonesia’s GoTo Group (JK:GOTO) as it moves forward with a potential takeover, Bloomberg News reported on Tuesday citing sources familiar with the matter.The Singapore-based ride-hailing and delivery firm is reviewing GoTo’s financials, contracts, and operations as part of ongoing discussions, the report said.Grab, ...
(Reuters) - Walgreens Boots Alliance (NASDAQ:WBA)’s executive chair Stefano Pessina will almost double his stake in the U.S. pharmacy group to about 30% as part of its $10 billion takeover by private equity group Sycamore, the Financial Times reported on Tuesday.Pessina, Walgreens’ top shareholder with a roughly 17% stake in the company he helped forge through the 2014 merger of Walgreens and ...
By Maggie FickLONDON (Reuters) -Drugmakers are urging the Trump administration and European Union officials to exclude medical goods from expanding tariff wars, hoping to avert price spikes on top-selling medicines made in Europe from Novo Nordisk (NYSE:NVO)’s Wegovy for weight loss to Merck (NSE:PROR)’s cancer immunotherapy Keytruda.In conversations with U.S. officials, the pharmaceutical i ...
SHANGHAI (Reuters) - China’s BYD (SZ:002594) has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race.Here are more details about the Chinese electric vehicle giant’s new technology and why the fast-charging space is attracting interest:WHY DOES FAST-CHARGING EV ...