Archive for April 2021

Ameriprise Inc. said it has agreed to acquire the Europe, Middle East and Africa asset management business from BMO Financial Group, the parent company of Bank of Montreal, in a deal worth about $845 million. Read More

Synthetic biology company Ginkgo Bioworks is toying with the idea of going public via a reverse merger with special-purpose acquisition company Soaring Eagle Acquisition Corp., Bloomberg has reported. The deal could value Ginkgo at more than $20 billion — more than five times what Ginkgo was valued at in late 2019, when it last raised…

Suffolk Technologies, the venture capital arm of the Boston-based construction giant, has hired Wan Li Zhu as its managing director. Read More

Four months after inking a $3.1 billion deal with Biogen to develop two drugs for depression and tremor diseases, Sage Therapeutics has released successful topline data from a Phase 2 study of one of those drugs — but questions remain as to its safety. Read More

A request for cake pops sparked the idea for a marijuana product database. Read More

A two-time business owner and startup founder of a foldable sink cover to add counter space for applying cosmetics landed a deal with Lori Greiner on ABC’s Shark Tank. Read More

The owner of nine Mass.-based hospitals had won an injunction against traveling nurse company Aya Healthcare Inc., forcing the temporary nurses to remain in the system’s hospitals for another month while the sides debate millions in charges that Steward has claimed are excessive. Read More

Hate those too-bright LED billboards? This Somerville startup has an answer, and it started with cuttlefish. Read More

Rougeau’s new appointment is historic, if not symbolic of Holy Cross’ ambitions, on several levels: He is not a Catholic priest, and he is Black — making him the first president of either distinction since the school’s founding in 1843. Read More

The deal price, which includes the assumption of Nuance’s debt, represents a 23% premium to the Burlington-based company’s market value as of last week. Read More