HR Software Firm Dayforce In Talks To Go Private
Private equity firm Thoma Bravo is reportedly in talks to acquire Dayforce Inc. (NASDAQ:DAY). Dayforce, formerly Ceridian, which offers human resources software and services. The company has a market value of approximately $8.4 billion, according to data from Benzinga Pro. Sources said that the buyout firm is preparing to take the Minneapolis-based company private, with […]
Gold Mine Visible From Space Set For An IPO
Navoi Mining & Metallurgical Company (NMMC), Uzbekistan’s state-owned mining giant, is preparing for an initial public offering that would make it the world’s fourth-largest publicly listed gold miner. Uzbekistan, a landlocked Central Asian nation bordering Kazakhstan, Turkmenistan, and Afghanistan, has been rapidly modernizing its mining sector under President Shavkat Mirziyoyev‘s economic reforms. NMMC has taken […]
Gold Revaluation: Nuclear Option America Might Pull Again
The U.S. is sitting on an enormous pile of gold, and pretending it’s worth $11 billion. As America’s debt explodes and credibility cracks, a century-old trick might be back on the table: reprice the gold, fix the balance sheet, and pray the world buys it. Why Would The US Revalue Its Gold? The U.S. gold […]
Astronomer CEO Andy Byron Placed On Leave After Viral Coldplay Concert Video
Astronomer CEO Andy Byron has been placed on leave following a controversial video that surfaced during a Coldplay concert. The video, which seemed to show Byron embracing the company’s HR head, has sparked an online frenzy. What Happened: According to the Business Insider report, Byron, the CEO of the tech company, has been put on […]
Joby Aviation Stock Goes Vertical As Secret, Massive Drone Achieves 9-Hour Flight
Joby Aviation, Inc. (NYSE:JOBY) shares have gained nearly 30% over the past month and a new report from Hunterbrook Media released Friday suggests the company can really “go the distance.” What To Know: Hunterbrook Media claims that Joby has quietly started testing a new, long-range hydrogen-powered unmanned aerial vehicle (UAV) called the JAI 30. Benzinga […]
AstraZeneca In $15B Talks For Drug That Could Upend Lung Cancer Treatment
In a high-stakes maneuver that could reshape the oncology landscape, AstraZeneca Plc (NASDAQ:AZN) is reportedly in talks with Summit Therapeutics Inc. (NASDAQ:SMMT) about a partnership worth up to $15 billion. What Does This Mean? The deal would give AstraZeneca the rights to a lung cancer drug called ivonescimab. Bloomberg reported that the discussions are private, […]
UnitedHealth Eyes Retreat From Latin America After $8.3 Billion Loss
UnitedHealth Group Inc (NYSE:UNH) is reportedly weighing multiple offers for its Latin American business as it scrambles to recover from a string of corporate stumbles, including a leadership shakeup and a reported federal investigation. The potential sale, involving its Banmedica unit, comes as the company seeks to restore shareholder confidence and streamline operations under new […]
Anglo Nears De Beers Sale As Three Potential Buyers Emerge
Anglo American (OTCQX:AAUKD) is nearing the start of a formal sales process for its diamond unit, De Beers. The firm has owned the brand since 2011, but a comprehensive restructuring following a failed $49 billion bid from BHP last year has led the firm to focus on other commodities. According to Bloomberg, three interested bidders […]
Merck’s Dealmaking Intensifies With MoonLake Bid As Keytruda Patent Cliff Nears: Report
US drug giant Merck & Co Inc (NYSE:MRK) reportedly approached Swiss biotech MoonLake Immunotherapeutics (NASDAQ:MLTX) with a bid exceeding $3 billion. While MoonLake turned down the initial offer, talks may be revived. The potential deal signals renewed dealmaking activity as investor pressure has mounted on Merck to secure new assets, especially as its blockbuster cancer […]
Glencore’s Restructuring Sets Stage For Mining Mega-Merger
Glencore (OTCPK: GLCNF) has shifted nearly $22 billion in foreign assets into its Australian subsidiary, Glencore Investment Pty Ltd, effectively doubling its holdings to $42 billion. With this move, management consolidated key assets, including coal mines in Canada, South Africa, and Colombia; the MARA copper project in Argentina; and South African manganese, chrome, and vanadium […]