Serica said Monday that its £146 million ($197 million) offer for rival oil producer Pharos Energy is "final" and will not be increased, despite facing a higher competing bid.
Serica said Monday that its £146 million ($197 million) offer for rival oil producer Pharos Energy is "final" and will not be increased, despite facing a higher competing bid.
Vimto owner Nichols PLC said Monday it has acquired low-sugar vitamin drinks brand VitHit for €75 million ($87 million), adding another soft drinks sub-category to its portfolio.
Blank-check company Ashington Innovation PLC said Monday it has agreed to buy Singaporean recycling business World Metal Group Pte. Ltd. for about £160 million ($216 million), tapping into a growing global market.
French pharmaceutical company AB Science said Monday that it has raised approximately €14.2 million ($16.4 million) in equity from selected investors to fund its research and development programs and cover its working capital for more than a year.
Financial technology firm Plus500 said Monday it will roll out a new share buyback program worth up to $100 million as part of a broader plan to return $182.5 million to shareholders.
California Attorney General Rob Bonta pushed back Monday against Paramount Skydance Corp. CEO David Ellison's contention that a challenge of Paramount's Warner Bros. Discovery deal was politically motivated, saying the case is a "straight up antitrust enforcement case."
Latham & Watkins LLP said Monday that it has hired the general counsel at private equity firm Hg as it continues to recruit partners who specialize in technology for its office in London.
