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Toyota to invest in UK plant despite Brexit uncertainty

  Bloomberg Toyota says it will invest 240 million pounds ($294 million) in the UK despite the economic uncertainty surrounding the country’s departure from the European Union. The Japanese carmaker says that although the investment shows confidence in Britain, access to the European market that is “predictable and uncomplicated will be vital for future success.” Toyota will upgrade its plant ...

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MuleSoft eyes acquisitions after soaring in USA trading debut

  Bloomberg MuleSoft Inc., the San Francisco-based maker of cloud software, soared in its trading debut after pricing its initial public offering above the marketed share price range. The stock jumped 46 percent to $24.75 at the close in New York, valuing the company at about $3.1 billion. Mulesoft raised $221 million, according to a statement, pricing its shares at ...

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Germany’s Stada becomes ‘hottest drugmaker’ as private equity circles

  Bloomberg German drugmaker Stada Arzneimittel AG’s biggest problem — its insipid profitability — is making it one of the most hotly coveted assets in a bidding war that’s driven the price to 3.61 billion euros ($3.87 billion). Consortiums of private equity firms including Advent International Corp. and Permira, as well as Cinven Ltd. and Bain Capital, have made offers ...

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