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Shell to Acquire ARC Resources; CATL Plans $5 Billion Hong Kong Offering Amid Health-Care Merger Activity
A surge in mergers and acquisitions hit the health-care sector today. Shell agreed to take over ARC, while CATL announced plans to seek about $5 billion in a Hong Kong offering. These developments were reported by @business.
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A rush of mergers and acquisitions occurred in the health-care sector today, marking a notable uptick in deal activity. Shell agreed to take over ARC, expanding its presence in the energy sector through this acquisition. Separately, CATL seeks about $5 billion in a Hong Kong offering, aiming to raise significant capital for its operations.
All these events occurred today, as reported by @business.
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