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$TMO Acquisition Update: Thermo Fisher Scientific Inc announced it has signed a definitive agreement to acquire Alfa Aesar, for approx. $405MM in cash. Based in Heysham, U.K., Alfa Aesar has 480 employees and operates in key research hubs in the US, Germany, China, South Korea and India. The business generated sales of approx. $125MM in 2014.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.