Unilever backs down on raising £50bn bid for GSK consumer health arm January 19, 2022 Unilever has announced it will not raise its £50bn bid for GlaxoSmithKline's consumer health arm after the pharma giant rebuffed its approach in December.
GSK science chief to depart as pharma giant looks to revamp drugs pipeline January 19, 2022 GlaxoSmithKline's chief scientific officer Hal Barron will leave the firm this year to join a Silicon Valley anti-ageing start up.
Personetics announces $85m funding injection to boost banking personalisation January 19, 2022 Personetics has announced an $85m funding injection as it looks to accelerate the roll-out of its banking personalisation solutions.
Bain Capital close to $2.27bn takeover of French IT firm Inetum January 19, 2022 Buyout giant Bain Capital is close to finalising a deal to buy French IT firm Inetum in a deal worth around $2.27bn, according to reports.
M&C Saatchi finance chief resigns as firm fights off hostile takeover January 19, 2022 M&C Saatchi has suffered a setback in its bid to fend off a hostile takeover after Chief Financial Officer Mickey Kalifa handed in his resignation.
Palihapitiya-backed Spac agrees merger amid Uyghur backlash January 19, 2022 A SPAC backed by billionaire Chamath Palihapitiya has agreed to merge with a healthcare firm amid backlash this week over comments on China’s Muslim Uyghur population.
Atempo Growth launches debt fund with $200m raise to tap into European tech January 19, 2022 Growth debt platform Atempo Growth has announced the launch of its debut fund in London with commitments of over $200m.
Zego eyes up European insurance market as it rolls out expansion plans January 19, 2022 Zego has announced plans to expand into the Netherlands and ramp up its operations in France as it looks to take on a bigger slice of the European insurance market.
Crypto.com boosts venture capital arm to $500m to back Web 3.0′ startups January 18, 2022 Crypto exchange Crypto.com has bolstered its venture capital arm’s fund size to $500m.
‘Stakeholder capitalism is not woke’ says BlackRock boss January 18, 2022 The boss of the world’s biggest asset manager BlackRock has called on businesses to deliver purpose as well as profit.
