Highlights: June 7, 2021 - June 11, 2021
Christian Fernsby ▼ | June 14, 2021
Events of the last week.Article continues below
Primavera Capital Group announces that it has signed a definitive agreement with Reckitt Benckiser Group to acquire the Greater China business of the Mead Johnson Nutrition Company, an infant formula and nutrition company owned by Reckitt for an implied enterprise value of $2.2 billion....
The year 2020 was a year of shock, volatility and change, both within Europe and beyond: a global pandemic, a new US President, a trade deal between the EU and the UK, double-digit GDP declines, more than 12 million European job losses and a massive and unprecedented stimulus package to rescue Europe's economy....
Following referrals from News Corp, Le Figaro group and the Rossel La Voix group, the Autorite de la concurrence issues today a decision sanctioning Google, up to 220 million euros, for having abused its dominant position in the advertising server market for website and mobile applications publishers....
Soliant will further expand their Gwinnett County operations, creating 200 new jobs in Peachtree Corners, Georgia....
Amazon will hire 3,000 new permanent employees in Italy this year as part of its Italy Plan to increase its investments in the country....
Enbridge Inc. has entered into a definitive agreement to sell its 38.9% non-operating minority ownership interest in Noverco Inc. to Trencap L.P. for $1.14 billion in cash, net of Noverco non-recourse debt assumed by Trencap L.P....
Volkswagen is participating, with a contribution of US$620 million (about 500 million euros), in a financing round of its Swedish battery partner Northvolt AB with a total volume of US$2.75 billion....
Amazon plans to hire 1,800 new corporate and technology employees at its Canadian offices in 2021, including its Vancouver and Toronto Tech Hubs....
First Solar announced that it will invest $680 million to expand America's domestic photovoltaic (PV) solar manufacturing capacity by 3.3 gigawatts (GW)DC annually, representing an implied capital expenditure of approximately $0.20 per watt....
ExxonMobil Baton Rouge Refinery Manager David Oldreive announced the company's final investment decision for more than $240 million in capital improvements at the ExxonMobil Baton Rouge Refinery, Louisiana....
Tourmaline Oil announced that it has entered into a definitive agreement to acquire privately owned Black Swan Energy for a total consideration of approximately $1.1 billion Cdn, consisting of 26 million Tourmaline common shares and the assumption of net debt up to a maximum of $350 million, including all transaction costs.... ■ What to read next
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Latest Baker Hughes: U.S. oil rig count down by 6 to 432
Malaysia introduces new rules prohibiting all plastic waste imports from U.S.
Kazakh-German JV Skyhansa to build $500 mln airport near Chinese border
Ukrainian poultry products gained access to Oman market
U.S.: Severe thunderstorms in the Northern Plains and Upper Midwest
Former U.S. senator Bob Menendez begins serving 11-year bribery sentence
Russian-linked tanker crew accused in Finland-Estonia undersea cable sabotage probe
Croatia: Former minister sentenced to two years of imprisonment for abuse of office and authority
U.S.: Widespread showers across the eastern half, severe thunderstorms in Montana into the Plains
Vietnam encourages private businesses to invest in railway sector
Baker Hughes: U.S. oil rig count down by 1 to 438
AfDB to provide $184.1 million for Africa’s largest solar energy and battery storage project
EIB supports Bay of Biscay electricity interconnection between Spain and France
U.S., UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
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Cuban President begins official visit to Belarus
EU adopts new tariffs on Russian and Belarusian agricultural goods and fertilisers
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Human cases of anthrax reported in western Mongolia
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