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Activist Elliott makes inroads at Catalent to build value. Here’s what could happen next

Rows of glass vials in a biologics laboratory in Sweden. Photographer: Mikael Sjoberg/Bloomberg Bloomberg Artistic | Bloomberg Artistic Images | Getty Photographs Firm: Catalent (CTLT) Enterprise: Catalent develops and manufactures options for medication, protein-based biologics, cell and gene therapies, and shopper well being merchandise worldwide. The corporate operates by way of 4 segments. First, there’s…

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Stellantis offers raises, inflation protection measures to UAW as strikes continue

Demonstrators throughout a United Auto Employees (UAW) apply picket outdoors the Stellantis Mack Meeting Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Photos Stellantis stated Saturday that its most up-to-date proposal to the United Auto Employees contains raises of almost 21% over the course of the contract,…

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Trump lashes out at bid for partial gag order in election case: 'They want to silence me'

Former U.S. President and Republican presidential candidate Donald Trump speaks at a South Dakota Republican get together rally in Speedy Metropolis, South Dakota, U.S. September 8, 2023.  Jonathan Ernst | Reuters WASHINGTON — Donald Trump on Friday attacked particular counsel Jack Smith as a “deranged” prosecutor after his workplace sought restrictions on what the previous…

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Sequoia, Andreessen to take massive hit on 2021 Instacart investment after 75% plunge in valuation

Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile enterprise corporations, are poised to take an enormous hit on their final funding in grocery supply firm Instacart, a deal that closed in 2021 as tech shares had been hovering. In its newest IPO prospectus replace, filed Friday, Instacart stated it plans to promote…

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