🌍 Sustainable Food Technology Acquisition. $100M Health Care Funding.
Daily Impact Deals #166 looks at major deals and M&A in impact industries and upcoming economic releases.
Hallo 🧀
📈 Today's Global Economic Update: Germany's IFO Business Climate Index fell for the fourth consecutive month to 86.6 in August, reflecting ongoing economic struggles and fading optimism from earlier. Despite challenges from a weaker global economy and rising insolvencies, there remains potential for recovery if industrial production improves and real wage gains boost consumer spending.
🏥 Deal of the Day: Openwater, a healthcare platform, raised $100M in funding to expand operations and its business reach.
What's New?
🌍 Climate. Biomass and aerospace
🩺 Health. Medical technology and healthcare provider
📅 Economics. Euro area inflation, balance of trade, GDP, employment data + more
🌍 Climate
🦠 Naplasol, a biomass fermentation company specializing in animal protein acquired Mycorena a Swedish sustainable food technology and waste management company.
✈️ Trelleborg, a Swedish company, acquired Magee Plastics, a Pennsylvania-based firm, to bolster its aerospace sector presence by adding thermoforming and vacuum-forming capabilities.
🩺 Health
🏥 Openwater, a CA-based healthcare platform, has raised $100M in funding to expand operations and its business reach.
🔬 Getinge, a Swedish medical technology company, is acquiring Paragonix Technologies, a US-based company that develops organ preservation technology.
📅 Economic Calendar
Euro Area Inflation, Balance of Trade, GDP, Employment Data + More
Monday, August 26th 2024
🇩🇪 Germany Ifo Business Climate, August
🇺🇸 US Durable Goods Orders Data, July
Tuesday, August 27th 2024
🇦🇺 Australia Monthly CPI Indicator, July
🇩🇪 Germany GfK Consumer Confidence, September
Thursday, August 29th 2024
🇩🇪 Germany Inflation Data (Preliminary), August
🇺🇸 US GDP Growth Data, Q2
🇯🇵 Japan Consumer Confidence Index, August
Friday, August 30th 2024
🇫🇷 France Inflation Data (Preliminary), August
🇪🇦 Euro Area Inflation Data Flash, August
🇮🇹 Italy Inflation Data (Preliminary), July
🇮🇳 India GDP Growth Data, Q2
🇨🇦 Canada Growth Data, Q2
🇺🇸 US Core PCE Price Index, July
🇺🇸 US Personal Income & Spending Data, July
🇨🇳 China NBS Manufacturing PMI, August
Tuesday, September 03rd 2024
🇺🇸 ISM Manufacturing PMI, August
🇦🇺 Australia GDP Growth Data, Q2
Wednesday, September 04th 2024
🇨🇦 Canada Balance of Trade Data, July
🇨🇦 Canada BoC Interest Rate Decision
🇺🇸 US JOLTs Job Openings, July
🇦🇺 Australia Balance of Trade Data, July
Thursday, September 05th 2024
🇺🇸 ISM Manufacturing PMI, August
Friday, September 06th 2024
🇩🇪 Germany Balance of Trade Data, July
🇨🇦 Canada Employment Data, August
🇺🇸 US Employment Data, August
🇨🇳 China Balance of Trade Data, August
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