KKR & Co. Inc. ( KKR )  announced the signing of definitive agreements to acquire Healthium Medtech Ltd. from an affiliate of Funds advised by Apax Partners LLP. Financial details were not disclosed. Based in India, Healthium is a medical devices company that develops, manufactures, and sells a broad range of surgical products worldwide. Akshay Tanna, Partner and Head of India Private Equity at KKR, said: “Under the...

07:43 AM EDT, 05/06/2024 (MT Newswires) -- Redhill Biopharma ( RDHL ) said Monday it was awarded a new patent in China for investigational drug opaganib as a therapy to inhibit single-stranded RNA virus replication, notably Ebola virus disease. The patent, issued by the Chinese National Intellectual Property Administration, is valid through 2035, according to Redhill. The company said opaganib...

May 6 (Reuters) - ALLETE Inc ( ALE ): * ALLETE ENTERS AGREEMENT TO BE ACQUIRED BY A PARTNERSHIP LED BY CANADA PENSION PLAN INVESTMENT BOARD AND GLOBAL INFRASTRUCTURE PARTNERS TO ADVANCE 'SUSTAINABILITY-IN-ACTION' STRATEGY * ALLETE INC ( ALE ): SHAREHOLDERS TO RECEIVE $67.00 PER SHARE IN CASH * ALLETE INC ( ALE ): PROPOSED DEAL FOR $6.2 BILLION *...

May 6 (Reuters) - Spirit Airlines ( SAVE ) forecast weak second-quarter revenue on Monday due to sluggish improvement in domestic demand and grounding of dozens of its aircraft. The airline is among the most heavily impacted by issues with RTX's Pratt & Whitney Geared Turbofan engines, which have forced it to ground multiple aircraft and resulted in high labor...