Elliott Management Started Buying Swedish Match Stock After Philip Morris $16B Bid – What’s Next
Philip Morris International Inc (NYSE: PM) may have to increase its Swedish Match AB’s (OTC: SWMAY) $16 billion bid to gain full ownership of the smokeless-tobacco maker, writes Wall Street Journal. Philip Morris wants to gain an edge over its competitors, including Altria Group Inc (NYSE: MO) and British American Tobacco PLC (NYSE: BTI), to dominate smoke-free tobacco products. According … Full story available on Benzinga.com […]
PetroChina Mulls Separate Listing For Its Energy Marketing Business: Report
PetroChina Company Limited (NYSE: PTR) is reportedly considering its marketing and trading business and seeking a separate listing. According to the annual report, the marketing division comprises refined products, including overseas, as well as crude oil, natural gas, and chemical products. It also includes some non-oil sales in PetroChina’s gas stations throughout the country, the report … Full […]
Optimi Health Given Green Light To Produce And Distribute MDMA In Canada, The Legal Landscape Ahead
Optimi Health Corp. (OTCQX: OPTHF) received permission from Health Canada to manufacture and distribute other psychedelic substances -most notably MDMA- under the amended terms outlined in its June 20, 2022 application to the institution. Optimi holds a license to produce natural psychedelic and functional mushrooms. The terms of the amendment became effective as of August 5, 2022. Production and […]
Is BioLife Sciences (OTCPK: BLFE) An OTC Company Primed For Growth?
HENDERSON, NV, Aug 10, 2022 – BioLife Sciences Inc. (BioLife), a commercialization accelerator, licensor and developer of technologies, has reportedly provided investors with a significant company update throughout the course of a two-year transformation. Over the course of the last two years, BioLife has gone through a number of changes evolving into a revamped corporate […]
Rich Americans & Celebs Are Tuning In But Not Dropping Out: Venture Capital Gets Spiritual With Ayahuasca And Other Psychedelics
After recent declarations by Aaron Rodgers on how his experience with ayahuasca and ‘shrooms helped with his career and improved his life on all levels possible, investors Suzie and David Stadnyk came out and shared their own experiment with the hallucinogenic. They were both typical businesspeople for all of their adult lives, but when they hit 60 they decided to take a trip, […]
Investors Ask Asian Crypto Exchange’s CEO To Step Down, Bankrupt Exchange In Potential Fundraising Talks
Bloomberg reported that Singapore’s High Court granted Asian crypto exchange Zipmex Pte, Zipmex more than three months of creditor protection until December 2. The company filed for bankruptcy protection in July and capped withdrawals last month after exposure to troubled crypto lender Babel Finance hurt its finances. Some shareholders and potential investors in Zipmex are urging CEO Marcus Lim […]
Trump’s Niece Points Finger At Jared Kushner For Tipping Off FBI: ‘It Sounds Like Somebody In Jared’s Position’
Following the Federal Bureau of Investigation raid of Donald Trump’s Florida residence, multiple reports are suggesting a close aide of the former president had a role in tipping off the agency about classified documents. When Mary Trump was asked during an interview as to whom she thinks could have been the “Mar-a-Lago mole,” she said, “We need to […]
Fox News Airs Morphed Photo Of Trump Search Warrant Judge With Ghislaine Maxwell
Fox News has been slammed for sharing a doctored photo of the federal judge who signed off on the recent FBI search of former President Donald Trump’s Mar-a-Lago property. In the news clip, Fox News aired a photo that replaced an old image of Jeffrey Epstein getting a foot massage from Ghislaine Maxwell with the body and […]
Elon Musk Posts ‘Sex Tape’ Online: ‘Best. Clickbait. Ever.’
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has taken Twitter by storm by sharing his “sex tape” tweet, sending his fans wild guesses. What Happened: Musk shared an image that he labeled as his “sex tape,” showing two tape dispensers placed in a way that formed the number 69. Then he joked in the caption, saying, […]
Catalent-Repligen Merger ‘Seems Unlikely,’ This Analyst Says
Yesterday, Catalent Inc (NYSE: CTLT) announced to acquire Metrics Contract Services for $475 million. Keybanc notes that the deal strengthens CTLT’s oral delivery portfolio and targets rapidly growing biologic applications. Metrics produces highly active pharmaceutical ingredients that are very difficult to produce but very potent in small doses. “After recent acquisitions and capacity expansion on the cell and gene […]