Northern Oil And Gas To Buy Williston Basin Bolt-on In $154 Mln Cash Deal; To Propose Dividend Hike

Northern Oil and Gas, Inc. (NOG) Thursday said it has entered into a definitive agreement to acquire Williston Basin Bolt-on for a purchase price of $154 million in cash. The deal includes non-operated interests across over 400 producing wellbores located primarily in Williams, McKenzie, Mountrail and Dunn Counties. The acquired assets include 65.9 net producing wells. The assets are operated […]

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‘India generating meaningful views for YouTube Shorts’

Number of channels earning ₹1 lakh rose 60%: Raghavan YouTube Shorts, which was introduced a year ago to compete with Instagram Reels and TikTok, is generating 15 billion views globally on a daily basis with a ‘meaningful part’ coming from India, said Satya Raghavan, director, YouTube Content Partnerships, India. Shorts, which are still in the beta phase, was first unveiled […]

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Hikma Pharma To Buy Generic Sterile Injectables Firm Custopharm For Up To $425 Mln

Hikma Pharmaceuticals Plc. (HIK.L), a supplier of generic injectable medicines in the US, announced Monday its agreement to buy Custopharm Inc. from Water Street Healthcare Partners. The company will pay an initial cash consideration of $375 million on a debt and cash-free basis, with a further $50 million in contingent consideration payable upon the achievement of certain commercial milestones. Custopharm, […]

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Goldman Sachs To Acquire GreenSky For Approximately $2.24 Bln In Stock – Quick Facts

Goldman Sachs Group, Inc. (GS) agreed Wednesday to acquire GreenSky, Inc. (GSKY), the largest fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately $2.24 billion. GreenSky’s differentiated lending capabilities and market-leading merchant and consumer ecosystem will help accelerate the efforts of Goldman Sachs to create the consumer banking platform of the future. The acquisition […]

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Microfinance loan portfolio rises 4.2% to ₹2,37,369 crore as of June-end: MFIN

The microfinance industry’s gross loan portfolio (GLP) rose 4.2% to ₹2,37,369 crore as of June 30, 2021, compared with ₹2,27,727 crore as of June 30, 2020, according to a report by Microfinance Institutions Network (MFIN). Microfinance loan disbursals during the first quarter of the financial year 2021-22 improved significantly to ₹25,503 crore, compared with ₹6,186 crore in the corresponding quarter […]

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Sanofi To Buy Rezurock Developer Kadmon In $1.9 Bln Cash Deal – Quick Facts

French drug major Sanofi (SNYNF,SNY) Wednesday said it has entered into a definitive merger agreement to buy Kadmon Holdings, Inc. (KDMN), the developer of Rezurock, a recently FDA-approved treatment for chronic graft-versus-host disease. In the deal, Kadmon shareholders will receive $9.50 per share in cash, which represents a total equity value of approximately $1.9 billion. The offer price represents a […]

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