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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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VW exits self-driving alliance with Aurora

Bloomberg Volkswagen AG ended a self-driving technology partnership with Silicon Valley startup Aurora Innovation Inc. as it draws closer to a broader collaboration on autonomous cars with Ford Motor Co. “The activities under our partnership have been concluded,” a VW spokesman said of its alliance with Aurora in a statement. The German manufacturer announced the tie-up with Aurora to develop ...

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