Becton, Dickinson and Company ( BDX )  has agreed to combine its Biosciences & Diagnostic Solutions business with Waters Corporation ( WAT ) . The agreement is structured as a tax-efficient Reverse Morris Trust transaction valued at approximately $17.5 billion. The transaction is expected to close around the end of the first quarter of calendar year 2026. Biosciences segment offers immunology and...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

08:22 AM EDT, 07/14/2025 (MT Newswires) -- RTX's (RTX) Raytheon unit said Monday it was awarded a $74 million contract to produce RAM Guided Missile Launching Systems for the US Navy. Under the contract, Raytheon said it will provide several new launcher systems, refurbishments to current systems, and hardware required to support upgrades, as well as various spares. The majority...

08:21 AM EDT, 07/14/2025 (MT Newswires) -- Pagaya Technologies ( PGY ) will sell up to $2.5 billion of consumer loans to Castlelake, Bloomberg reported Monday, citing a statement from Castelake. Castlelake will buy the loans over a 16-month period through a so-called forward flow agreement, in which investors agree to purchase the loans before they are originated, Bloomberg reported,...