Tag Archives: surge

GE shares surge after Danaher agrees to buy biopharma business for $21.4 billion

GE sells biopharma unit to Danaher for $21.4B  7:24 AM ET Mon, 25 Feb 2019 | 00:45 Danaher will buy the biopharmaceutical business of General Electricin a $21.4 billion deal, the companies announced Monday. The deal will see Danaher pay $21 billion in cash, as well as assume certain GE pension liabilities. The GE Life Sciences unit will join Danaher’s Life… Read More »

Saudi remarks on oil surge test prospects for output freeze

Saudi Arabia’s top oil official, Deputy Crown Prince Mohammed bin Salman, said Riyadh could boost output immediately and almost double it long term, in comments that could threaten the signing of a global production freeze deal planned for Sunday. The second in line to the throne of the world’s largest crude exporter added in remarks to Bloomberg that… Read More »