Mohammed Shamsi

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Articles

Nomura to buy Macquarie's US, European asset management units for $1.8 billion

3 days ago | today.westlaw.com | Anton Bridge |Aurora Ellis |Mohammed Shamsi |Roushni Nair

(Reuters) -Nomura is acquiring Macquarie Group's U.S. and European public asset management businesses for $1.8 billion, marking the Japanese investment bank's most ambitious expansion abroad since its failed purchase of Lehman Brothers' assets....
US FDA limits industry employees from roles in its advisory committees

1 week ago | today.westlaw.com | Patrick Wingrove |Mohammed Shamsi |Savyata Mishra |Kamal Choudhury

(Reuters) -U.S. Food and Drug Administration Commissioner Martin Makary announced on Thursday a policy to limit employees of companies regulated by the agency, such as pharmaceutical firms, from serving as official members on FDA's advisory...
KKR acquires German IT firm Datagroup for around $500 million

1 week ago | today.westlaw.com | Emma-Victoria Farr |Janaki Venugopalan |Mohammed Shamsi |Joe Bavier

FRANKFURT (Reuters) -U.S.-based private equity firm KKR has reached a deal with Frankfurt-listed Datagroup to buy the firm in an all-cash transaction that values it at about 450 million euros ($508 million), the IT services provider said on Tuesday....
Yahoo strikes deal to sell TechCrunch to investment firm

1 month ago | today.westlaw.com | Mohammed Shamsi |Harshita Mary Varghese

(Reuters) - Yahoo has signed a deal to sell its 20-year-old technology news website, TechCrunch, to media investment firm Regent, the companies said on Friday.
Altimmune to test obesity drug for alcohol use disorder and related health conditions

1 month ago | today.westlaw.com | Mohammed Shamsi |Sneha K

(Reuters) - Altimmune said on Thursday that it plans to test its lead experimental obesity drug, pemvidutide, to potentially treat alcohol use disorder and alcohol-associated liver disease. Pemvidutide belongs to the same class of...
Los Angeles County, Pasadena, sue Southern California Edison over wildfires

1 month ago | today.westlaw.com | POOJA MENON |Mohammed Shamsi |Seher Dareen

(Reuters) -The County of Los Angeles and City of Pasadena, along with other public entities, filed lawsuits against Edison International and its subsidiary Southern California Edison on Wednesday, alleging their role in igniting one of California's...
TD Bank sets new CEO's pay at $7.9 million, cuts US chief's salary

1 month ago | today.westlaw.com | Mohammed Shamsi |Nivedita Balu |Arasu Kannagi Basil

(Reuters) -Canada's TD Bank set CEO Raymond Chun's 2024 salary at C$11.4 million ($7.88 million) and cut U.S. retail banking head Leo Salom's pay amid the lender's anti-money laundering (AML) issues, regulatory filings on Tuesday showed.
Alaska Air flight attendants ratify labor contract

1 month ago | today.westlaw.com | Mohammed Shamsi |Utkarsh Shetti |Alan Barona

(Reuters) - Alaska Air flight attendants have ratified a new three-year labor contract, a union representing the workers said on Friday. The Association of Flight Attendants-CWA, the union representing the attendants at the Seattle-based carrier, said...
Celsius to buy energy drink brand Alani Nutrition in $1.8 billion deal

2 months ago | today.westlaw.com | Ananya Mariam Rajesh |Mohammed Shamsi

(Reuters) -Celsius Holdings said on Thursday it would buy health and wellness drinks brand Alani Nutrition in a $1.8 billion deal through a combination of cash and stock, boosting its portfolio to build on the growing demand for sports and energy...
California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say

2 months ago | today.westlaw.com | Niket Nishant |Manya Saini |Mohammed Shamsi |Krishna Eluri

(Reuters) - California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program has renewed focus on the challenges the industry faces in a market already losing appeal rapidly, analysts said....