(Reuters) - Britain's competition regulator said on Friday it has initiated a probe into U.S. medical equipment maker Thermo Fisher Scientific's $3.1 billion deal to buy Swedish biotech firm Olink Holding AB.
The Competition and Markets Authority (CMA) has set a deadline of July 8 for its phase 1 decision.
(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)
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North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election. Oil majors such as Shell, Chevron and Exxon Mobil have long since pulled back from the ageing basin in pursuit of more profitable oilfields, divesting assets to smaller producers such as Harbour Energy, Ithaca Energy and Serica Energy. These independent oil and gas producers are now looking further afield and merging to cut costs and boost revenue.
The aim is to draw up an interim joint strategy through around 2035 when the economic ministers of Japan and ASEAN members meet as early as next September, Nikkei reported, without citing any source. The joint strategy is expected to entail cooperation in personnel training, decarbonization in production, mineral resource procurement, and investment in next-generation fields such as biofuels, Nikkei said.
Sensing election-year traction, coalition of 20 environmental groups also demand entrenchment of pause in gas-export licences
The European Union is investing heavily in Africa – pouring half of its global mega budget of €300 billion into projects on the continent. Renewable energy, internet access, transport, vaccines and education are several sectors benefiting from private and public EU funds – an effort that’s being supported by the European Investment Bank (EIB). RFI spoke to vice president Ambroise Fayolle about the bank’s strategy for Africa. RFI: Why is the EIB interested in investing in Africa? AF: Africa remai
Attendees at JPMorgan's annual investor day Monday will be listening for answers to some key questions. A top concern is how much longer Jamie Dimon plans to run the largest US bank.
Trump is alleged to have sought $1 billion from oil execs for his 2024 campaign in a deal worth $110 billion to energy giants, The Guardian reported.
"But I go back to the 2000s, I was bullish on oil then as I am on copper today."
A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany’s Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The order is in response to a lawsuit over the planned construction of a liquefied natural gas terminal in the Baltic Sea. The banks were among the guarantors in the contract for building a gas processing plant by a multinational construction firm, Renaissance Heavy Industries, and German company Linde.
When Marks & Spencer bosses decided to cut the sell-by date of its sandwiches from three days to two last year, there were some who questioned whether it was entirely necessary.
(Bloomberg) -- Impala Platinum Holdings Ltd. announced a 9 billion rand ($500 million) deal that will result in Black investors holding a 13% interest in the South African mining company and the Bafokeng business it acquired last year.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthOne of the Last Big Bears on Wall Street Turns Bullish on US
Shareholder investment in top 10 water and sewage firms has decreased by £5.5bn since privatisation. while dividend payments have increased to £72.8bn
Oleksandr Usyk is the new undisputed heavyweight champion of the world after beating Tyson Fury in Saudi Arabia - but will soon be stripped of the IBF title
Antiques Roadshow expert John Benjamin was left stunned over a "never seen before" item with a huge valuation that prompted gasps from the crowd…
The victim was grabbed by the throat and taken to the ground but refused to hand over his mobile
It's six years to the day that Prince Harry married Meghan Markle at Windsor Castle - in his memoir, Harry recalls the moment he asked his grandmother if he could marry Meghan
Motorists face a hefty £480 fee for using their petrol or diesel cars in four UK cities, with the low emission zones to be enforced from June 1
The announcement was said to have been made at a packed Barry Island
Manchester City clinched the Premier League title with a win over West Ham on Sunday
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