by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
In order to expand its current ultrasound platform, the U.S. conglomerate General Electric buys BK Medical for $1.45 billion cash consideration. The target company is based in Boston and Copenhagen. A leader in advanced surgical visualization and intra-operative...
by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
The U.S. automotive company General Motors invests $300 million in Momenta to push forward the development of next-generation self-driving technologies for future GM vehicles in China. Momenta has pioneered a unique scalable path toward full autonomous driving by...
by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
The energy company Shell has reached an agreement for the sale of its Permian business to ConocoPhillips. The Permian Basin is a light tight oil (LTO) play in west Texas, which is North America’s premier shale play. The purchase price is $9.5 billion in cash and shall...
by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
The Swiss medicines company Novartis has acquired the start-up Arctos Medical, expanding optogenetics portfolio to bring gene therapies to patients with severe vision loss. The Arctos technology was based on discoveries by its scientific co-founders Drs. Sonja...
by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
Universal Music Group (UMG), the world leader in music-based entertainment, has successfully completed its listing on Euronext Amsterdam. The IPO follows the earlier announced intention by the major shareholder Vivendi to distribute 60 per cent of UMG stocks to its...
by Digitorney Team | Sep 26, 2021 | Global Transaction Report, GTR 39-2021
The German car manufacturer Mercedes-Benz is taking an equity stake of 33% in the European battery cell manufacturer Automotive Cells Company (ACC) together with Stellantis and TotalEnergies. At the same time, Mercedes-Benz provides technology and production know-how...
