🍫 Mars Acquiring Kellanova For $36B. 500M+ VC Funding.
Daily Impact Deals #159 looks at major deals and M&A in impact industries, and upcoming economic releases.
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📈 Today's Global Economic Update: China's trade surplus grew to $84.65B in July 2024, below expectations. Exports rose 7.0% YoY, while imports surged 7.2%, the strongest since April. The trade surplus with the US narrowed slightly to $30.84B. For the first seven months of 2024, the surplus reached $518B.
📶 Deal of the Day: Kiteworks, a San Mateo-based company specializing in secure content communications, raised $456M to strengthen its market position.
What's New?
🌍 Climate. Mars acquiring Kellanova + more
💻 Technology. Communication
📅 Economics. GDP data, employment data, inflation data + more
🌍 Climate
⚛️ Aalo Atomics, a nuclear energy startup, raised a $27M Series A from 50Y and Valor Equity Partners to develop cleaner energy solutions.
👨💻 Element, an Israeli collaboration platform, acquired Autofleet for $110M to expand its sustainable fleet management solutions globally.
🍫 Mars, the confectionery giant, is acquiring Kellanova for nearly $36B, gaining control of brands like Cheez-It, Eggo, and Pop-Tarts.
💻 Technology
📶 Kiteworks, a San Mateo-based company specializing in secure content communications, raised $456M in funding to strengthen its market position.
📅 Economic Calendar
GDP Data, Employment Data, Inflation Data + More
Thursday, August 15th 2024
🇬🇧 UK GDP Data, June
🇺🇸 US Retail Sales Data, July
Friday, August 16th 2024
🇬🇧 UK Retail Sales Data, July
🇺🇸 US Building Permits Prel, July
🇺🇸 US Michigan Consumer Sentiment Prel, August
Monday, August 19th 2024
🇦🇺 Australia RBA Meeting Minutes
Tuesday, August 20th 2024
🇨🇦 Canada Inflation Data, July
🇯🇵 Japan Balance of Trade, July
Wednesday, August 21st 2024
Thursday, August 22nd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), August
🇯🇵 Japan Inflation Data, July
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