Boston Scientific To Acquire Axonics For About $3.7 Bln

Axonics had agreed to be bought for $71 a share. Boston Scientific said the deal gave Axonics an equity value of $3.7 billion and an enterprise value of $3.4 billion. 


 
Johnson & Johnson to Acquire Amrbx for $2B

Johnson & Johnson will acquire cancer-treatment developer Ambrx Biopharma in a $2 billion cash deal. 


 
The 737 MAX Blows Another Hole in Boeing's Reputation

Boeing's 737 MAX model just doesn't seem able to outfly bad publicity. Even if the latest problem is just with one specific plane, its manufacturers will pay the price of greater scrutiny. 


 
Merck to Buy Harpoon Therapeutics for $680 Million

Merck has struck a deal to buy clinical-stage immunotherapy company Harpoon Therapeutics for about $680 million. 


 
Shell Flags Impairment Hit of up to $4.5 Billion

Shell said its fourth-quarter earnings took a hit of up to $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. 


 
Spirit AeroSystems Stock Tanks as Wall Street Defends Boeing After MAX Issue

Spirit AeroSystems is the supplier of the 'door plug' that failed on the Boeing 737 MAX-9. 


 
Nord Stream Probe Hampered by Resistance From Poland

Investigators hope Warsaw's new government will help to shed light on the gas-pipeline attack after the previous administration failed to fully cooperate. 


 
Nvidia's New China Pickle: Customers Don't Want Its Downgraded Chips

The tech giant's Chinese buyers are pushing back against the lower-powered AI chips it hopes to sell to them in response to U.S. export curbs. 


 
The Cable Company That Wants to Take the Pain Out of Streaming

New subscribers to Charter's Spectrum will watch TV via a streaming app that lives alongside Netflix and Disney+. 


 
China Detains a Top Executive at Evergrande's Electric-Vehicle Unit

China Evergrande New Energy Vehicle said that Liu Yongzhuo was being held by authorities 'on suspicion of illegal crimes.'


(END) Dow Jones Newswires

01-08-24 0915ET