✈️ Alaska Airlines Acquired Hawaiian Airlines For $1.9B. $120M+ VC Funding.
Daily Impact Deals #184 looks at major deals and M&A in impact industries and upcoming economic releases.
Sannu 🍁
📈 Today's Global Economic Update: The Federal Reserve cut the fed funds rate by 0.50% to 4.75%-5% in September 2024, the first rate reduction since March 2020. The move signals a shift toward easing monetary policy, with further rate cuts expected through 2026.
♻️ Deal of the Day: Air Company, a Brooklyn-based startup, raised a $69M Series B to increase production of sustainable aviation fuel made from carbon dioxide.
What's New?
📚 Education. Edtech
🌍 Climate. Alaska Airlines acquired Avfuel + more
🩺 Health. Merit Medical acquired Cook Medical
💻 Technology. Playtika acquired SuperPlay + more
📅 Economics. Japan BoJ interest, US GDP data, retail sales + more
📚 Education
📖 Farid, an Egyptian edtech startup, raised a $250K Pre-seed to fuel growth and expansion.
🌍 Climate
♻️ Air Company, a Brooklyn-based startup, raised a $69M Series B from Avfuel to scale up its production of sustainable aviation fuel made from carbon dioxide.
✈️ Alaska Airlines acquired Hawaiian Airlines for $1.9B, enhancing customer benefits and expanding travel options.
🩺 Health
💉 Merit Medical, a medical device company, is acquiring Cook Medical's lead management portfolio for $210M.
💻 Technology
🤖 Mercor, a California-based AI startup, has raised a $32M Series A, The funding will be used to expand operations.
🎮 Playtika, an Israeli-based mobile gaming company acquired the Israeli game development studio startup SuperPlay for $700M.
📅 Economic Calendar
Japan BoJ Interest, US GDP Data, Retail Sales+ More
Thursday, September 19th 2024
🇬🇧 UK BoE Interest Rate Decision
🇯🇵 Japan Inflation Data, August
Friday, September 20th 2024
🇯🇵 Japan BoJ Interest Rate Decision
🇬🇧 UK Retail Sales Data, August
Monday, September 23rd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), September
Tuesday, September 24th 2024
🇩🇪 Germany Ifo Business Climate
🇦🇺 Australia Monthly CPI Indicator, August
Thursday, September 26th 2024
🇩🇪 Germany GfK Consumer Confidence
🇺🇸 US Durable Goods Orders Data
🇺🇸 US GDP Growth Data, Q2
Friday, September 27th 2024
🇫🇷 France Inflation Data (Preliminary), September
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
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