Wednesday, January 2nd, 2019

Nuvo Pharmaceuticals Completes its Aralez Pharmaceuticals Deal
Nuvo Press Release
Aralez Press Release

The Candian-based globally focused pharmaceutical company announced that the completed acquisition will provide the company with 20 revenue-generating products, a significant expansion of revenue, and an ability to launch and commercialize additional products.

The deal was valued at $110 million.

Bakkt Announces New Funding
Blog Post

The cryptocurrency project which is supported by the Intercontinental Exchange announced that it has raised its first “round of funding of $182.5 million from 12 partners and investors”.

The deal looks to help support the company’s work in “driving institutional access for digital assets, along with merchant and consumer uses.”

Sears Reportedly Looks to Close More Locations

CNBC reports that the retailer is looking to close up to 80 Sears and Kmart locations across the United States by March of this year.

The move follows the announcement of 182 store closures since October of last year.