BEVERLY HILLS, Calif. (Reuters) – An activist hedge fund on Tuesday nominated five directors and urged insurance company Argo Group International Holdings Ltd to cut $100 million in expenses, including corporate jets and housing for its chief executive. Voce C... More »
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent’s s... More »
A Go-Jek driver rides a motorcycle on a street in Jakarta, Indonesia, December 15, 2017. REUTERS/Beawiharta JAKARTA (Reuters) – Indonesian conglomerate Astra International said on Monday it will invest $150 million in Go-Jek, joining the likes of Alphabet Inc’... More »
Endo International Plc said two units filed a lawsuit on Thursday accusing the U.S. Food and Drug Administration of ignoring key components of a law passed after a deadly 2012 meningitis outbreak linked to a compounding pharmacy. More »
EFG International's Joachim Straehle is stepping down as chief executive after some 2-1/2 years, during which time the Swiss private bank acquired troubled BSI Bank from Brazil's BTG Pactual. More »
The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. REUTERS/Michael Buholzer Mondelez International Inc (MDLZ.O), the world’s second-largest confectionary company, said its second-quarter revenue growth would b... More »
Endo International Plc said on Thursday it agreed to withdraw its long-acting opioid painkiller Opana ER from the market after the U.S. Food and Drug Administration declared its benefit did not outweigh public health risks associated with opioid abuse. More »
A Moneygram logo is seen outside a bank in Vienna, Austria, June 28, 2016. REUTERS/Heinz-Peter Bader U.S. electronic payments company Euronet Worldwide Inc (EEFT.O) launched a $1 billion bid for rival MoneyGram International Inc (MGI.O) on Tuesday, arguing tha... More »
The benefits of Endo International Plc’s long-acting opioid painkiller no longer outweigh its risks, an independent panel to the U.S. Food and Drug Administration (FDA) concluded on Tuesday. More »
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, July 4, 2016. Picture taken on July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, mar... More »
Endo International Plc (ENDP.O) said Chief Executive Rajiv De Silva had stepped down and would be replaced by generics division head Paul Campanelli, as the drugmaker grapples with a large debt load and mounting pressure on some of its drug prices. More »
LONDON Swiss private bank EFG International (EFGN.S) now expects to pay 1.05 billion Swiss francs ($1.08 billion) to buy rival BSI from Grupo BTG Pactual SA (BBTG11.SA), almost 300 million francs less than previously announced. EFG hopes the BSI tie-up, origin... More »
FRANKFURT Chinese investment group Fosun has withdrawn its offer for wealth management group BHF Kleinwort Benson, the Belgian stock market regulator said on Friday. Fosun had offered 5.10 euros per share for BHF, but its bid was challenged by French private b... More »
