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Finance & Markets

Lilly to Buy Merida for $2.88B in Autoimmune Push

Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Eli Lilly plans to buy Merida Biosciences Inc. for as much as $2.88 billion in cash to expand in autoimmune and allergic diseases, part of an effort to build beyond the weight-loss and diabetes markets that made it the largest pharmaceutical company in the world. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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LLCP acquires the Colt Group

The Colt Group represents Leichtman Capital Partners VII’s fifth platform investment. The post LLCP acquires the Colt Group appeared first on PE Hub .

U.S. Diesel Prices Close In on April War Peak

A diesel-price shock may be approaching Western economies. That's because the industrial fuel sits at the epicenter of freight, agriculture, construction, and heavy industry; soaring prices ripple…

  • U.S. diesel price nears April 2021 peak at $5.69 per gallon
  • Ongoing US-Iran conflict disrupts Strait of Hormuz, exacerbating situation
  • President Trump urges refineries to boost diesel production

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