AGP Executive Report
Last update: 8 hours agoM&A in pharma: Curium has agreed to merge with Lantheus in a deal valued up to $8bn, combining radiopharmaceutical manufacturing and portfolios across 70+ countries. UK manufacturing pulse: The UK manufacturing PMI stayed in expansion in July, with output and new orders rising as export demand strengthened, even as confidence and hiring cooled. Market nerves over mega-merger: AstraZeneca shares slid after reports it is in talks to buy Bristol Myers Squibb, with analysts questioning the strategic logic and timing. Shipbuilding jobs: Navantia UK is recruiting 28 skilled roles at Harland & Wolff in Belfast for Royal Fleet Auxiliary support ships, alongside further hiring planned for September. Energy & industry execution: A Saudi power project delivered a 1,179MW Rabigh reinforcement plant faster than typical schedules, highlighting how logistics and contracting choices can de-risk delivery. Industrial supply chain: X-energy and SGL Carbon will double European capacity for nuclear-grade graphite billets in France to support Xe-100 reactor buildout. Logistics electrification: DHL Freight took delivery of the first European-built SuperPanther eTopas 600 electric truck for trials ahead of Netherlands deployment. EU manufacturing context: Eurozone factory activity improved in July, but demand remained weak, with the Middle East conflict still weighing on costs and orders.
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