On Friday’s episode, our host David Kennedy kicked off the show with our main stories: Germany takes over a Russian-dominated refinery, Adobe Inc buys rival Figma for $20 billion, and Switzerland will buy Lockheed Martin F-35A Lightning II fighters for $5.5 billion.
Germany has taken control of the PCK Schwedt refinery in Brandenburg, in which Rosneft has a 54% stake. The Federal Network Agency has taken over Rosneft Deutschland, which is responsible for around 12% of Germany’s oil processing capacity.
Also on the program:
Photoshop giant Adobe has announced its acquisition of Figma, an interface design application, in a deal worth $20 billion. The half-cash, half-stock purchase is the largest takeover of a private software company to ever take place.
Among other topics:
On Thursday, the Swiss government officially announced the purchase of 36 Lockheed Martin F-35A Lightning II fighter jets in a $5.5 billion deal, Reuters reports.
The United States expanded its sanctions list on Thursday, adding new Russian individuals and companies.
The Romanian government has approved a bill prohibiting public institutions from using Kaspersky antivirus software or similar products from Russia.