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UK pledges net zero fossil fuel pollution in first for G-7

Bloomberg Britain is to become the first major economy to adopt laws that require a cut in fossil-fuel emissions to zero by 2050 to fight climate change. Prime Minister Theresa May said legislation to wipe out the UK’s net contribution to rising global temperatures will be put to members of Parliament, endorsing a report from advisers that laid out what ...

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KKR offers $7.7bn to buy out Axel Springer’s minority shareholders

Bloomberg KKR & Co. is seeking to buy out minority shareholders of Axel Springer SE in a deal that would value the German publisher at about 6.8 billion euros ($7.7 billion). KKR offered to pay 63 euros a share in cash — a 13 percent premium over close and about 40 percent more than the price before Bloomberg reported the ...

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Dassault to acquire Medidata in $5.7b health data push

Bloomberg Dassault Systemes SE, a maker of industrial design software, agreed to buy Medidata Solutions Inc. for $5.7 billion to gain a foothold in the fast-growing market for clinical trial technology. The deal pushes the French company further beyond its design roots into data processing and business analysis. Medidata’s software analyses pharmaceutical and biotech trials for some of the world’s ...

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