Year: 2024

Devon Energy has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion.

The country’s auto market is rapidly electrifying, with help from state subsidies, and local electric-vehicle makers have grabbed a significant share of the market.

Eli Lilly has agreed to buy biopharmaceutical company Morphic Holding for $3.2 billion in a deal that bolsters the drugmaker’s immunology pipeline.

China has added Shanghai to a list of cities allowing the use of driverless robotaxis in which no safety supervisors are present, part of efforts to take the global lead in autonomous driving and commercialize the technology.

The Danish brewer agreed to buy London-listed soft drinks maker Britvic as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales.

Samsung said there were no immediate disruptions to production.

KKR & Co. is looking to revive the process to sell Goodpack, a Singapore-based global supply chain and logistics company, in a potentially multibillion-dollar deal.

The plane maker faces conviction and a $244 million fine for misleading air-safety regulators before two fatal crashes that killed 346 people.

David Ellison’s production company would buy Shari Redstone’s National Amusements, Paramount’s controlling shareholder, as part of the deal.

After years of delays, Europe is preparing to test launch a new rocket that officials hope will help reduce the region’s reliance on Elon Musk.