Bloomberg Business

US Shale Pumps More Cash into Aging Oil Fields, Rystad Says

US independent shale oil producers plowed money into output growth in the second quarter at the fastest rate in three years, a departure from the fiscal discipline that’s been the industry’s focus, according to a report from research firm Rystad Energy.

Danaher Wins Race to Acquire Abcam With $5.7 Billion Deal

Danaher Corp. said it will acquire Abcam Plc in a deal worth $5.7 billion, beating out rivals in a race to acquire the UK-based maker of supplies for the life-sciences industry whose technologies are used by thousands of researchers.