FILE PHOTO – A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. REUTERS/Nacho Doce SAO PAULO (Reuters) – Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a maj... More »
FILE PHOTO: The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in front of the Philadelphia skyline March 24, 2014. REUTERS/David M. Parrott/File Photo (Reuters) – Philadelphia Energy Solutions LLC, the owner of the lar... More »
(Reuters) – TMX Group’s (X.TO) head of equity capital markets, Nicholas Thadaney, is leaving Canada’s biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said. Thadaney’s role as president and CEO of cap... More »
FILE PHOTO: Cranes rise above Carillion’s Midland Metropolitan Hospital construction site in Smethwick, Britain January 11, 2018. REUTERS/Darren Staples/File Photo LONDON (Reuters) – Britain’s Carillion (CLLN.L) collapsed on Monday after its banks lost faith i... More »
FILE PHOTO: The reception of Noble Group is seen at its headquarters in Hong Kong March 23, 2015. REUTERS/Bobby Yip/File Photo LONDON (Reuters) – Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world’s l... More »
Sets of Lego bricks are seen at a toy store in Bonn, Germany, September 5, 2017. REUTERS/Wolfgang Rattay BEIJING/COPENHAGEN (Reuters) – Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd (0700.HK) to jointly develop online game... More »
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial ... More »
FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo (Reuters) – Viacom Inc (VIAB.O) and CBS Corp (CBS.N) are not in active merger discussions, although controlling shareholder Shari Redst... More »
FRANKFURT (Reuters) – German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in Germany, people close to the matter said. The company is worki... More »
FILE PHOTO: The company logo of China Oil and Foodstuffs Corporation (COFCO) is seen at its headquarters in Beijing, China, November 3, 2016. REUTERS/Thomas Peter/File Photo LONDON/PARIS/BEIJING (Reuters) – China’s COFCO International is in the throes of a sta... More »
DETROIT (Reuters) – General Motors Co (GM.N) is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said... More »
PARIS (Reuters) – The French government aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and artificial intelligence (‘AI’), the finance minister said on Friday. Br... More »
FILE PHOTO: Paypal co-founder Peter Thiel speaks at the Republican National Convention in Cleveland, Ohio, U.S. July 21, 2016. REUTERS/Jonathan Ernst/File Photo NEW YORK (Reuters) – Venture capitalist Peter Thiel has made an offer for Gawker, hoping to overcom... More »
FILE PHOTO: Apartment blocks are pictured in Beijing, China December 16, 2017. REUTERS/Jason Lee/File Photo HONG KONG (Reuters) – China’s large developers are tightening their hold on the country’s real estate market, capturing an ever-larger share even as sal... More »
FILE PHOTO: Visitors try Huawei’s devices during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc (T.N) to sell it... More »
The sign for Swiss bank Julius Baer is seen at a branch office in Luzern, Switzerland, November 23, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Swiss private bank Julius Baer said on Tuesday it bought the 20 percent in Italian wealth management firm Kairos ... More »
A tourist poses for a photo with Teva Pharmaceutical Industries employees protesting outside Jerusalem’s Old City December 24, 2017. REUTERS/Amir Cohen TEL AVIV (Reuters) – Israel’s largest pharmacy chain Super-Pharm (Israel) Ltd is in talks to acquire Teva Ph... More »
The Embraer Phenom 300 is displayed during the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas airport in Sao Paulo, Brazil August 15, 2017. REUTERS/Paulo Whitaker PARIS (Reuters) – Boeing Co (BA.N) is eyeing a broad partner... More »
FILE PHOTO – A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake (Reuters) – Qualcomm Inc on Friday reject... More »
FILE PHOTO: The logo of Swiss pharmaceutical company Roche is seen outside their headquarters in Basel, Switzerland, January 30, 2014. REUTERS/Ruben Sprich/File Photo (Reuters) – Swiss drugmaker Roche (ROG.S) will buy U.S. cancer drugmaker Ignyta Inc (RXDX.O) ... More »
An artist’s impression shows Boom’s 55-seat supersonic aircraft (below) and Boom’s XB-1 supersonic demonstrator in this undated handout obtained by Reuters December 4, 2017. REUTERS/Boom Supersonic Handout via REUTERS (Reuters) – Supersonic passenger travel, w... More »
(Reuters) – Ignyta Inc is in advanced talks to sell itself, people familiar with the matter said on Thursday, just three years after the U.S. cancer drugmaker became a public company focused on precision drugs and diagnostics. The deal would come as large phar... More »
SAN FRANCISCO (Reuters) – U.S. semiconductor testing company Xcerra Corp said on Thursday in a filing that it would resubmit its deal to be acquired by a Chinese state-backed semiconductor investment fund to give U.S. regulators more time to review the transac... More »
PARIS (Reuters) – ArianeGroup, the space-launchers joint-venture between Airbus and Safran, has passed an industrial milestone allowing it to move ahead with production of the first Ariane 6, Europe’s next-generation rocket, the company said on Monday. The fir... More »
FILE PHOTO — Governor of the Bank of France Francois Villeroy de Galhau attends a press conference after the Franco-German Financial Council meeting in Berlin, Germany, September 23, 2016. REUTERS/Axel Schmidt/File Photo PARIS (Reuters) – France’s central bank... More »
MILAN (Reuters) – European shares rose on Monday, with merger and acquisition activity in focus and investor sentiment buoyed by expectations that a U.S. tax bill could soon pass. Thales (TCFP.PA) rose 8.4 percent after the French aerospace and defense company... More »
FILE PHOTO: Sabeco’s Saigon beers are display for sale in a market in Hanoi, Vietnam April 17, 2017. Picture taken April 17, 2017. REUTERS/Kham/File Photo Ho CHI MINH CITY/SINGAPORE (Reuters) – Thai Beverage (TBEV.SI), through a local unit, won the rights to b... More »
Patrice Caine, Chairman and Chief Executive Officer of Aerospace and defence group Thales, and Philippe Vallee, Chief Executive Officer of chipmaker Gemalto, shake hands before a news conference in Paris, France, December 18, 2017. REUTERS/Philippe Wojazer PAR... More »
Bottles of Sabeco’s Saigon beer are seen at a restaurant bar in Hanoi, Vietnam December 18, 2017. REUTERS/Kham HO CHI MINH CITY (Reuters) – A unit of Thai Beverage (TBEV.SI) won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco SAB.HM in... More »
The logo of German real estate company Vonovia SE, a member of the German DAX-30 stock market index, is seen at a Vonovia building in Essen, western Germany May 10, 2016. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – Germany’s Vonovia (VNAn.DE) has ... More »
An app of the Chinese discount online retailer Vipshop Holdings Ltd is seen on a mobile phone in this illustration picture taken December 18, 2017. REUTERS/Florence Lo/Illustration BEIJING (Reuters) – Chinese internet giant Tencent Holdings Ltd (0700.HK) said ... More »
A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – The head of Japan’s Hitachi Ltd (6501.T) said the company wa... More »
A sign marks a building housing Oracle offices in Burlington, Massachusetts, U.S., June 21, 2017. REUTERS/Brian Snyder Sydney (Reuters) – Australia’s Aconex Ltd (ACX.AX) said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-shar... More »
Logos of CVS and Aetna are displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas Jackson NEW YORK (Reuters) – CVS Corp’s proposed purchase of Aetna Inc will affec... More »
(Reuters) – Canada Pension Plan Investment Board (CPPIB) and Brazil’s Votorantim Group’s energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said. The wind parks will have a combined ... More »
FILE PHOTO: A logo of Siemens is pictured on a building in Mexico City, Mexico, May 16, 2017. REUTERS/Edgard Garrido/File Photo FRANKFURT (Reuters) – Siemens said it has agreed to buy Luxembourg-based Fast Track Diagnostics to boost its molecular-testing offer... More »
The logo of German pharmaceuticals company Merck is seen in front of the company’s headquarters in Darmstadt, Germany, May 16, 2016. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Germany’s Merck KGaA (MRCG.DE) is reviving plans to bring an oral multiple sclero... More »
The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid/File photo (Reuters) – Walt Disney Co’s deal with Twenty-First Century Fox Inc gives the world’s best-known enter... More »
COPENHAGEN/LONDON (Reuters) – Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority stakes in both firms. “Primestone Capital owns more than 5 pe... More »
MANILA (Reuters) – State-run China Telecom Corp could become the Philippines’ third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services. Philipp... More »
ABU DHABI (Reuters) – Abu Dhabi’s state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi. Mubadala has committed $15... More »
NEW YORK (Reuters) – GGP Inc (GGP.N), one of the largest owners and operators of U.S. shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP (BPY.O), people familiar with the matter said on Sun... More »
NEW YORK (Reuters) – Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with t... More »
FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo TOKYO (Reuters) – Toshiba Corp (6502.T) and Western Digital Corp (WDC.O) have agreed in principle to ... More »
FILE PHOTO: An AT&T logo and communication equipment is shown on a building in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – The trial to determine if the U.S. Department of Justice can stop AT&T Inc’s ... More »
FILE PHOTO: French telecom operator Orange Chairman and Chief Executive Officer Stephane Richard attends a shareholders meeting in Paris, France, June 1, 2017. REUTERS/Charles Platiau/File Photo PARIS/LONDON (Reuters) – Orange’s boss Stephane Richard told inve... More »
LONDON (Reuters) – British car dealership Pendragon (PDG.L) is to sell its U.S Motor Group business after concluding a strategic review following a profit warning, it said on Monday. The firm, which warned on profit in October due to a fall in demand for new c... More »
Global miner Rio Tinto (RIO.AX)(RIO.L) signaled on Monday it will stick with its "value over volume" strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board. More »
FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Chipmak... More »
FILE PHOTO: A Infosys employee stands at the front desk of its headquarters in Bengaluru, India, April 15, 2016. REUTERS/Abhishek N. Chinnappa/File photo MUMBAI (Reuters) – After well over a decade with Capgemini, Salil Parekh is returning home to head unsettl... More »
FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo/File Photo MILAN (Reuters) – The board of Telecom Italia (TIM) will this week discuss options for its fixed-line networ... More »
Greek Finance Minister Euclid Tsakalotos arrives for a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas ATHENS/BRUSSELS (Reuters) – Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Ath... More »
(Reuters) – Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, according to people familiar with the matter. Elliott disclosed a 7 percent ... More »
An interior view shows the first Disney store opened on Friday in Moscow, Russia, December 1, 2017. REUTERS/Tatyana Makeyeva MOSCOW (Reuters) – Though too cold for a theme park, Russia’s underserved toy market makes it an attractive business prospect for Walt ... More »
FILE PHOTO: Genmab Chief Executive Jan van de Winkel poses for a photograph in London, Britain, October 13, 2016. REUTERS/Ben Hirschler/File Photo LONDON (Reuters) – Genmab (GEN.CO) was Europe’s second biggest biotech company, until its partner Johnson & Johns... More »
FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/Benoit Tessier/File Photo FRANKFURT (Reuters) – Apple is designing its own power-management chips for use in iPhones as early as 2018, ... More »
FILE PHOTO: Children pass by a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. on November 28, 2017. REUTERS/Elijah Nouvelage/File Photo SAN FRANCISCO/DETROIT (Reuters) – General Motor... More »
LONDON (Reuters) – European hedge funds Bodenholm Capital and Westray Capital Management revealed they had taken short selling positions on some media companies, bets that their stock prices will fall, on the back of changing consumer habits. Online services l... More »
Darren Woods, Chairman & CEO of Exxon Mobil Corporation speaks during a news conference at the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2017. REUTERS/Brendan McDermid HOUSTON (Reuters) – Exxon Mobil Corp Chief Executive Darren Woods is reorga... More »
Julius Baer (BAER.S) said CEO Boris Collardi unexpectedly resigned at the weekend to take a new role at rival Pictet Group, and appointed its top risk officer to replace him "for the foreseeable future". More »
FILE PHOTO: The logo of AstraZeneca is seen on medication packages in a pharmacy in London April 28, 2014. REUTERS/Stefan Wermuth/File Photo LONDON (Reuters) – Drugmaker AstraZeneca plans to turbo-charge its already substantial Chinese business through a new d... More »
FILE PHOTO: Cans of beer move along a production line at a factory of Saigon Beer Corporation (Sabeco) in Hanoi, Vietnam June 23, 2017. REUTERS/Kham/File Photo SINGAPORE (Reuters) – Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from pot... More »
FILE PHOTO: Uzbekistani Som banknotes are seen in this picture illustration taken May 4, 2017. REUTERS/Mukhammadsharif Mamatkulov/Illustration/File Photo TASHKENT/ALMATY (Reuters) – Sensing change in his native Uzbekistan, Hikmat Abdurahmonov plans to build a ... More »
FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc [UBER.UL] plans to move ahead with a deal to bring in Japanese technology co... More »
SYDNEY (Reuters) – Shareholders of struggling Australian retailer Myer Holdings Ltd (MYR.AX) voted down its executive pay proposals on Friday, in a revolt led by billionaire investor Solomon Lew that put the board on notice to start delivering on its turnaroun... More »
A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph, in London, Britain November 10, 2017. REUTERS/Simon Dawson (Reuters) – Uber Technologies Inc said on Thursday that it discussed a massive data breach with p... More »
FILE PHOTO: The logo of Opel is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 7, 2017. REUTERS/Arnd Wiegmann/File Photo PARIS (Reuters) – Peugeot-owner PSA (PEUP.PA) will use an existing Opel site in eastern Europe to as... More »
A logo of ThyssenKrupp AG is pictured outside the ThyssenKrupp headquarters in Essen, November 23, 2017. REUTERS/Thilo Schmuelgen ESSEN, Germany (Reuters) – Demand for next-generation lifts and car components enabled Thyssenkrupp (TKAG.DE) to report its highes... More »
LEVERKUSEN, Germany (Reuters) – Bayer is seeking to defend its pharmaceuticals business that will be diluted in importance by the takeover of Monsanto and faces a threat to revenues in 2024 when the blockbuster heart drug Xarelto loses its patent. The firm’s p... More »
German Chancellor Angela Merkel of the Christian Democratic Union (CDU) during the exploratory talks about forming a new coalition government in Berlin, Germany, November 19, 2017. REUTERS/Axel Schmidt BERLIN (Reuters) – Chancellor Angela Merkel said on Monday... More »
FILE PHOTO: Maria Contreras-Sweet listens to remarks during her ceremonial swearing-in as Administrator of the Small Business Administration at the White House in Washington April 7, 2014. REUTERS/Kevin Lamarque (Reuters) – Maria Contreras-Sweet, the former he... More »
(Reuters) – Chipmaker Marvell Technology Group Ltd (MRVL.O) has agreed to acquire smaller peer Cavium Inc (CAVM.O) for around $6 billion, as it seeks to expand in the networking equipment sector, people familiar with the matter said on Sunday. The deal will al... More »
The logo of French bank Natixis is seen outside of one of their offices in Paris, France, January 24, 2017. REUTERS/Jacky Naegelen PARIS (Reuters) – France’s fourth-biggest listed bank Natixis aims to grow revenue by five percent annually over the next three y... More »
FILE PHOTO: A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo BRUSSELS (Reuters) – U.S. smart... More »
FILE PHOTO – Denver Broncos fans react to a play while watching their team’s NFL Super Bowl XLVIII football game against the Seattle Seahawks at the View House bar in Denver, Colorado February 2, 2014. REUTERS/Marc Piscotty (Reuters) – Verizon Communications I... More »
BARCELONA/LONDON (Reuters) – Vivendi’s Universal Music Group (UMG) could be worth more than $40 billion, Chief Executive Arnaud de Puyfontaine said on Friday, helping to buoy shares in the French media group after third-quarter results in which UMG was a highl... More »
Barnes & Noble Inc (BKS.N) said on Thursday a deal proposed by an activist investor to take the bookstore chain private was not "bona fide" as its chairman and founder, Leonard Riggio, would not participate and raising the required funds was highly unlikely. More »
FILE PHOTO: Members of Christie’s staff pose for pictures next to Leonardo da Vinci’s “Salvator Mundi” painting which will be auctioned by Christie’s in New York in November, in London, Britain October 24, 2017. REUTERS/Peter Nicholls NEW YORK (Reuters) – Leon... More »
based in Hong Kong and Beijing.) More »
Japan's SoftBank Group Corp (9984.T) said on Tuesday it was considering investing in Uber Technologies Inc [UBER.UL] but there was no final agreement at this stage. More »
Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the matter said on Monday... More »
General Electric Co's (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the company's shares to a five-year low. More »
Restaurant chain Buffalo Wild Wings Inc (BWLD.O) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter. More »
Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd's $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles. More »
Finland's Terrafame nickel mine is planning to start producing material for electric vehicle batteries by 2020, the company said on Friday. More »
Billionaire Chinese actress Zhao Wei and her husband have been barred from trading in the mainland stock market for five years and fined by the securities regulator, which cited their disclosure irregularities relating to a takeover bid of a firm. More »
Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup. More »
Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, five people with knowledge of the matter said. More »
U.S. Commerce Secretary Wilbur Ross has kept investments in a shipping firm with significant business ties to Russian President Vladimir Putin's inner circle, U.S. media reported on Sunday, citing leaked documents from an offshore law firm. More »
Amazon.com Inc (AMZN.O) is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. More »
The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week. More »
Japan's Toyota Motor Corp is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July. More »
Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. More »
T-Mobile US (TMUS.O) will pursue a growth strategy in the United States after ending merger talks with Sprint Corp (S.N) on Saturday, majority owner Deutsche Telekom (DTEGn.DE) said. More »
Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company through the bigg... More »
CVS Health Corp’s planned US$66bn buy of Aetna Inc is poised to boost the healthcare sector’s share of US investment-grade mergers and acquisitions lending beyond its current one-third share of the US$122bn total as the sector remains a bright spot in an other... More »
Torrent Pharmaceuticals said on Friday it would buy more than 120 brands from Unichem Laboratories in India and Nepal, and its manufacturing plant at Sikkim. More »
Activist investor White Tale on Monday demanded three seats on Clariant's board and an independent strategic review of the Swiss speciality chemicals group after thwarting its plans to merge with U.S. peer Huntsman in a $20 billion deal. More »
As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. More »
The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion bet that insurers can drive down high U.S. drug prices by cutting out the middleman. More »
