⛽ $7.4B Energy Corporation Merger. $275M+ VC Funding.
Daily Impact Deals #190 looks at major deals and M&A in impact industries and upcoming economic releases.
Barev 🏰
📈 Today's Global Economic Update: In September 2024, France's annual inflation rate fell to 1.2%, the lowest since July 2021, down from 1.8% in August. This decline was primarily driven by decreased energy prices, particularly petroleum products.
⛽ Deal of the Day: Chesapeake Energy and Southwestern Energy to merge in a $7.4B deal.
What's New?
🌍 Climate. Natural gas & autonomous vehicle technology
🩺 Health. Biotechnology & health data analytics
💻 Technology. Artificial Intelligence
📅 Economics. Euro area inflation, US employment, balance of trade data + more
🌍 Climate
⛽ Chesapeake Energy and Southwestern Energy, two private energy producers, to merge to form Expand Energy, continuing consolidation in the US shale industry.
🚗 Bot Auto, a Houston-based autonomous vehicle technology company, raised a $20M Seed to enhance product development.
🩺 Health
🧬 Convergent Therapeutics, a biotechnology company, raised a $40M Series A from Novo Holdings to support the development of Convergent’s radiopharmaceutical pipeline.
📊 Observe, a California-based SaaS observability company, raised a $145M Series B to expand operations and its development efforts.
💻 Technology
🤖 Prepared, a New York-based AI platform, raised a $27M Series B, The funds will be used towards expansion.
📅 Economic Calendar
Euro Area Inflation, US Employment, Balance of Trade Data + More
Friday, September 27th 2024
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
Monday, September 30th 2024
🇨🇳 China NBS Manufacturing PMI, September
🇨🇳 China Caixin Manufacturing PMI, September
🇮🇹 Italy Inflation Data (Preliminary), September
🇩🇪 Germany Inflation Data (Preliminary), September
Tuesday, October 01st 2024
🇯🇵 Japan Consumer Confidence Index, September
🇪🇺 Euro Area Inflation Data (Flash), September
🇺🇸 ISM Manufacturing PMI, September
🇺🇸 US JOLTs Job Openings, September
Wednesday, October 02nd 2024
🇦🇺 Australia Balance of Trade Data, August
Friday, October 04th 2024
🇨🇦 Canada Balance of Trade Data, August
🇺🇸 US Employment Data, September
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