billion – Page 12 – Freedom 96.9

Eli Lilly to acquire Ajax Therapeutics for up to $2.3 billion

Monday, April 27 by SRN News

April 27 (Reuters) - Eli Lilly said on Monday it would buy privately-held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in cash. (Reporting by Christy Santhosh in Bengaluru; Editing by Maju Samuel) Brought to you by www.srnnews.com

Budget airlines pitch US government aid under $2.5 billion relief plan, WSJ reports

Monday, April 27 by SRN News

April 26 (Reuters) - A group of U.S. budget airlines, including Frontier and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could be converted into equity stakes, the Wall Street Journal reported on Sunday. Chief executives of several low-cost... Read More.

US Space Force taps 12 firms for $3.2 billion Golden Dome missile defense contracts

Friday, April 24 by SRN News

April 24 - The U.S. Space Force has awarded contracts worth up to $3.2 billion to 12 companies to develop space-based missile defense interceptor systems, advancing U.S. President Donald Trump's Golden Dome plan. Golden Dome, expected to cost $185 billion, envisions expanding ground-based defenses such... Read More.

Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

Friday, April 24 by SRN News

April 24 (Reuters) - X-Energy shares surged 30.9% in their Nasdaq debut on Friday, giving the company a valuation of $11.9 billion and signaling strong interest in the developers of carbon-free energy that has the potential to fuel the unprecedented boom in artificial intelligence.... Read More.

Amazon-backed X-Energy raises over $1 billion in IPO

Thursday, April 23 by SRN News

April 23 (Reuters) - Nuclear reactor developer X-Energy, which is backed by Amazon, said on Thursday it had raised $1.02 billion in its initial public offering in the United States. The Rockville, Maryland-based company sold 44.3 million shares in its upsized offering at $23 apiece,... Read More.

Suncorp buys $1.7 billion reinsurance cover, expects 3% premium growth for FY26

Thursday, April 23 by SRN News

April 24 (Reuters) - Australian general insurer Suncorp said on Friday it had secured a reinsurance protection of up to A$2.4 billion ($1.71 billion) over five years and projected a gross written premium growth of 3% for fiscal 2026. The protection, set to start on... Read More.

Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops

Thursday, April 23 by SRN News

By Kanjyik Ghosh and Greta Rosen Fondahn April 23 (Reuters) - Swedish appliance maker Electrolux said on Thursday it would launch a 9 billion Swedish crown ($976.34 million) rights issue and unveiled a tie-up with rival Chinese Midea Group in North America to form three... Read More.

Milan tech firm Bending Spoons picks banks for $20 billion US listing, sources say

Thursday, April 23 by SRN News

By Elvira Pollina and Echo Wang MILAN/NEW YORK, April 23(Reuters) - Bending Spoons, a European tech firm whose business model is based on reviving companies, has picked banks to organise a potential $20 billion U.S. initial public offering this year, two people close to the... Read More.

Warner Bros shareholders back $110 billion merger with Paramount Skydance

Thursday, April 23 by SRN News

April 23 (Reuters) - Warner Bros Discovery shareholders on Thursday backed the company's proposed $110 billion merger with Paramount Skydance, but cast an advisory vote against executive compensation plans tied to the deal. Under the pay packages proposed to executives, CEO David Zaslav could... Read More.

Warner Bros shareholders to vote on Paramount’s $81 billion takeover of the Hollywood giant

Wednesday, April 22 by SRN News

NEW YORK (AP) - Warner Bros. Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and the wider media landscape. Paramount wants to buy all of Warner. That... Read More.

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