MILAN/BERLIN (Reuters) -Germany rejected UniCredit's latest Commerzbank stake increase as an uncoordinated and unfriendly approach on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank's biggest private investor in September, said it had raised its stake in Commerzbank to 28% using derivatives. Today's news is remarkable because UniCredit had previously publicly emphasised that it...

09:43 AM EST, 12/18/2024 (MT Newswires) -- Morgan Stanley's ( MS ) global private real estate investment management arm said Wednesday that it has partnered with Brightview Senior Living to acquire eight senior housing communities from Harrison Street. The 1,186-unit portfolio, which was originally developed by Brightview, spans Baltimore, Philadelphia, Providence, and Boston metropolitan areas. Brightview will continue operating the...

09:30 AM EST, 12/18/2024 (MT Newswires) -- Novo Holdings, the controlling shareholder of Novo Nordisk ( NVO ) , has completed its $16.5 billion, all-cash acquisition of contract development and manufacturing firm Catalent (CLCT), the companies said on Wednesday. Under terms of the transaction, Catalent shareholders received $63.50 in cash for each of their share, a premium of around 47.5%...

09:41 AM EST, 12/18/2024 (MT Newswires) -- Science Applications International ( SAIC ) said Wednesday it has been awarded a contract with an estimated value of $170.9 million from Texas' Department of Information Resources to provide cybersecurity services. SAIC said it will provide services to deploy security tools, monitor and manage security environments, and assess and mitigate risks, among other...