Siemens Altair Acquisition News: Siemens to Acquire Altair in $10 Billion Deal

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According to Siemens Altair Acquisition News, Siemens has agreed to acquire Altair Engineering Inc., a leader in simulation, data science and artificial intelligence software, for $10 billion. Altair shareholders will receive $113 per share in cash, a 19% premium over Altair’s unaffected stock price as of October 21, 2024, when acquisition speculation began.

UK Budget News 2024: Rachel Reeves’ Budget Unveiled

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As of the UK Budget News 2024, Chancellor Rachel Reeves unveiled the 2024 Budget, bringing changes aimed at increasing taxes with National Insurance hikes among the announcements. This budget is one of the biggest tax-raising initiatives in a generation and it has triggered responses from businesses, workers, political parties and international organizations.