The WSJ report did not have a per-share price paid, but said the companies will release details of the deal on Monday. Extended Stay’s stock closed Friday at $16.94, giving the company a market capitalization of $3.01 billion.
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March 15 (Reuters) – Poland’s InPost aims to more double the size of its operations with a 565 million euro ($674 million) cash deal to buy French delivery platform Mondial Relay as it looks to expand its international presence amid a booming e-commerce …
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That includes lead program, BC101, which zeroes in on EGFR-expressing cancer cells and blocks TGFβ, a protein that normally suppresses tumor growth but can be co-opted by cancer cells to promote their growth.
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SEOUL (Reuters) – Volkswagen plans to gradually switch the type of battery used in its electric vehicles, three sources with knowledge of the matter said on Monday, leaving its supply deals with LG Energy Solution and SK Innovation in doubt.
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After launching multiple companies and signing some partners, ElevateBio is grabbing another $525 million to fuel its work in cell and gene therapy. The funds will bolster its technology and manufacturing capacity and bankroll more partnerships as it works …
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