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Senin, 29 Januari 2018

FINANCE INSIDER: Keurig and Dr. Pepper join forces

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January 29, 2018

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

Dealmaking continues to move at a torrid pace in 2018.

Keurig Green Mountain and Dr. Pepper Snapple announced Monday they're planning to merge in a deal worth nearly $19 billion, sending the soda-maker's shares skyward. A secretive banker beloved by Warren Buffett played a role on the deal. 

Four years after going private, Dell is weighing a sale of its business to VMware, a massive and unusual deal that would allow Dell to go public by essentially selling itself to a company that it owns. Dell owns 80% of VMware, a publicly traded software virtualization company that Dell acquired when it purchased EMC for $67 billion in 2015. VMware stock slipped on the news.

Sanofi is buying another blood-disease biotech for $4.8 billion. Its purchase of Ablynx on Monday comes a week after buying Bioverativ for $11.6 billion

Fears over 9/11 lawsuits could stop Saudi Aramco bringing its $2 trillion IPO to New York.

In non-deals news, Wynn Resorts stock continues to fall after casino mogul Steve Wynn stepped down from the RNC amid sexual misconduct allegations.

Here's what else is happening today:

Apple stock dipped after reportedly telling suppliers to cut iPhone X production targets in the first three months of the year. The company also said it might launching a new cheap iPhone this year — and it feels like the iPhone 5C fiasco all over again.

Almost every major cryptocurrency is falling. Here's what else is going on in crypto-land:

Customers are freaking out after Panera Bread announced it would be recalling five varieties of its cream cheese sold in US locations because of a potential bacteria contamination. 

Lastly, thousands of people in Kenya are getting basic income for 12 years in an experiment that could redefine social welfare around the world.

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