The share price of
Samsung and affliates went up on Monday
after the death of Chairman Lee Kun-hee. The Demise of the chariman increase
the hopes for stake sales, higher dividend and long awaited restructuring of
the company.
LEE family has to Pay $8.9 Biilion in inheritancetaxes and
how...
Aileron
Therapeutics, Inc. (ALRN) signed a common share purchase agreement with Lincoln
Park Capital Fund (LPC).
The Purchase
agreement signed by clinical-stage bio-pharmaceutical company that is
discovering and developing novel medicines to improve the outcomes and the
quality of life of cancer patients with Chicago-based institutional
investor and also its current shareholder...
Arch
Resources, Inc. (ARCH) early last week shunned the idea of making a joint
venture with Peabody around thermal assets.
The
decision came after a ruling by the U.S. District Court ordering blockage of
the transaction. Moving forward in an
aggressive way through its strategic pivot to excel in...
Twist
Bioscience Corporation (TWST) came collaborating with Netflix to store its
latest original series in DNA. The move makes the scientific thriller BIOHACKERS
first ever series that has been stored on a synthetic DNA.
Currently
there have been many documents, videos and music encoded and stored in DNA....
NN,
Inc. (NNBR) recently came to an agreement of selling its Life Sciences division
to American Securities LLC’ affiliated company.
The
divestment deal is worth $825 million which is likely to be completed before
end of this year subject to the fulfillment of customary closing conditions.
Nam
Tai Property Inc. (NTP) last week announced the grand opening of Nam Tai Inno
Park. The company used its brand launching event of Technology and Industry
Development Summit held on September 10, 2020. The event with a motto of "Tech
Empowerment • Greater Bay Area" was held at Guangming
Community Sports Center.
Business
partners...
Regulus
Therapeutics Inc. (RGLS) recently announced restructuring of a term loan
by Oxford LLC. With a condition to pay $10 million against loan principal
before April 30, 2021, company will have to pay only the interest for up to
seven months. The Principal Paydown Event is subject to be adjusted through
proceeds from...
Molina
Healthcare, Inc. (MOH) spiked 3.83% in yesterday trading. Announced on Tuesday,
the company recently concluded transaction acquiring some assets from Passport
Health Plan, Inc. The assets acquired by Molina include assets linked with
Passport’s Medicaid business. Medicaid was in contract with Commonwealth of
Kentucky. The said contract will be renewed to...