Intellizence Business Signals of the Day

Sep 30
Sep 29
Sep 29

Cleveland-Cliffs Buys ArcelorMittal’s U.S. Assets for $1.4 Billion in Stock and Cash

Cleveland-Cliffs, the iron-ore mining company, has acquired the U.S. assets of ArcelorMittal,  the world’s largest steelmaker, for $1.4 billion in cash and stock. With this acquisition, Cleveland-Cliffs has become the largest flat-rolled steel manufacturers in the country and the largest producer of iron ore pellets. Cleveland-Cliffs would take on the... read more →
Sep 25
Sep 25
Sep 24
Sep 24
Sep 23
Sep 23
Sep 23

Illumina Buys Bill Gates and Jeff Bezos-Backed Cancer-Testing Firm Grail for $8 Billion

Illumina, the gene-sequencing company, is to buy cancer screening startup Grail, in a cash-and-stock deal worth $8 billion. Grail, which develops blood tests to identify early-stage cancers, is backed by Amazon.com founder Jeff Bezos and billionaire philanthropist Bill Gates. Founded by Illumina in 2016, GRAIL, a standalone company, is powered... read more →