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MTN’s $8 bln Nigeria spat requires Goldilocks fixThe African phone giant is close to ending a row with the West African nation over dividends. A face-saving deal will repair ties in its biggest market. After protesting its innocence, a reported $800 mln settlement looks excessive. But too little will keep MTN in Abuja’s sights.
Source: Breakingviews - 🏆 470. / 51 Read more »
This quant says he's about to blow up Wall Street's $8 trillion bond monopolySuccess by Wave Labs would be a coup on Wall Street. Electronic trading has taken over everything from stocks to currencies, but the market for big corporate bonds has remained stubbornly human. Nice clickbait title. Below it... 'The global head of trading at Nordea Asset Management left that firm in October to launch a startup that he says COULD disrupt the corporate bond market.'
Source: CNBC - 🏆 12. / 72 Read more »
Eli Lilly to Buy Loxo Oncology in Deal It Values at About $8 BillionEli Lilly said it is buying Loxo Oncology for $235 a share—a 68% premium from Friday’s closing price—in cash, a deal that expands the biopharmaceutical company’s oncology-treatment portfolio. They got cash like that lying around? Cancer is a good business it seems. Can we get Universal Health Care please Wow.let's spread cancer to everyone Wonder how much the cost of insulin will soar to finance this gamble
Source: WSJ - 🏆 98. / 63 Read more »