GSK Buys Asthma-Focused Aiolos
GSK said it has bought Aiolos Bio for an upfront consideration of $1 billion, with the potential for an additional $400 million.
Tinder Owner Match Draws Elliott Investment
The activist has a roughly $1 billion stake and intends to meet with Match to discuss ways to improve the online dating company’s performance.
Hewlett Packard Enterprise Near Deal to Buy Juniper Networks
The deal could be unveiled this week, valuing Juniper at roughly $13 billion.
PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
A grocery-prices dispute escalated as PepsiCo and Carrefour each claimed to have started the fight.
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
The airlines are inspecting the aircraft grounded by Federal Aviation Administration after a door-plug blowout on an Alaska Airlines flight.
Samsung Forecasts Weaker Fourth-Quarter Operating Profit
The South Korean tech giant expects fourth-quarter operating profit to fall 35%, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business.
Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal
The Indian company’s shares fell sharply after news reports that Japan’s Sony Group may call off a merger of its India operations with the former.
ByteDance in Talks With Potential Buyers to Sell Game Titles
TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers.
China Tourism Group Duty Free Shares Rise on Strong Earnings
Shares of China Tourism Group Duty Free jumped on strong preliminary 2023 earnings, as growth in international travel gains momentum after China’s postpandemic reopening.
Vulcan Rocket Launches, but Moon Lander Runs Into Trouble
United Launch Alliance’s Vulcan Centaur powered a lander called Peregrine into space, but that vehicle’s propulsion system failed.
Source: Dow Jones Newswires