Flame Acquisition Corp. gains stockholder approval for its merger with Sable Offshore Holdings and Sable Offshore Corp., facilitating the creation of Sable Offshore Corp. slated to debut on the NYSE as "SOC" and "SOC.WS" on February 15, 2024, with Flame reporting approximately $62.2 million in its trust account pre-merger.
HighRadius, a leader in Autonomous Finance software, acquired Cforia Software, a prominent provider of Billing and Collections automation, expanding resources and support for over 100 global customers.
The Federal Trade Commission is poised to assess Eli Lilly (LLY) and other drugmakers' ability to secure alternative suppliers amid Novo Nordisk's (NVO) acquisition of Catalent (CTLT) and its plants, potentially raising antitrust concerns if viable alternatives aren't found, as reported by CTFN and Reuters.
Adani Power clarifies submission of resolution plan for Lanco Amarkantak Power acquisition, awaiting communication from Resolution Professional, amidst emerging as winning bidder for Rs 4,101 crore amid Reliance Industries Ltd. and Power Finance Corp. consortium withdrawal from the auction.
