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DoorDash to acquire Square’s food ordering platform Caviar for $410m

DoorDash to acquire Square’s food ordering platform Caviar for $410m

DoorDash acquisition of Caviar : DoorDash, a San Francisco-based on-demand food delivery service, has agreed to acquire food ordering platform Caviar from mobile payment company Square for $410 million in a cash-cum-stock deal. Founded in 2012, Caviar was acquired by Square about two years later. The food ordering platform, which operates in hundreds of cities in […]

Bayer, Orion secures Darolutamide FDA approval for prostate cancer

Bayer, Orion secures Darolutamide FDA approval for prostate cancer

Darolutamide FDA approval : German pharma giant Bayer and Finnish pharma company Orion have secured approval from the US Food and Drug Administration (FDA) for their non-steroidal androgen receptor inhibitor (ARi) Nubeqa (darolutamide) for the treatment of men having non-metastatic castration-resistant prostate cancer (nmCRPC). The FDA approval of darolutamide was driven on the findings of […]

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PlanetArt acquires Illinois-based Personal Creations from FTD

PlanetArt acquires Illinois-based Personal Creations from FTD

PlanetArt, a technology platform in the personalized products industry, has wrapped up the acquisition of Personal Creations from floral and gifting company FTD Companies for $18.1 million plus certain additional payments, as part of the latter’s court-supervised restructuring. Based in Illinois, Personal Creations is said to bring a new gifts dimension to PlanetArt’s platform of […]

Hornea 2 wind farm contract: Subsea 7 bags cables installation contract

Hornea 2 wind farm contract: Subsea 7 bags cables installation contract

Hornea 2 wind farm contract : Danish wind power company Ørsted has selected UK-based subsea EPC company Subsea 7’s Seaway 7 for the installation of the entire inner array cables for the 1,386MW Hornea 2 wind farm in the UK North Sea as per the latest offshore wind industry news. Optimus, a subsidiary of Ørsted […]

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Food acquisition news : Campbell Soup Company has agreed to sell its Australian biscuit brand Arnott’s and some of its international operations to global investment firm KKR for $2.2 billion. Along with the previously announced sale of Kelsen Group, Campbell has announced the sale of its entire Campbell International division for a total price of […]

Alliance Resource Partners buys Midland Basin assets from Wing Resources

Alliance Resource Partners buys Midland Basin assets from Wing Resources

Energy acquisition news : Alliance Resource Partners (ARLP), an Oklahoma-based natural resource company, has completed a previously announced $145 million acquisition of oil and gas mineral interests from Wing Resources and Wing Resources II (collectively, Wing Resources) in the US Midland Basin. The acquisition expands the footprint of Alliance Resource Partners in the Permian Basin […]