Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.
Research
Investors in Nigeria more confident - LCCI
According to the third quarter BCI Index, investors in Nigeria are becoming more confident. Business confidence levels in the Nigerian market is steadily improving, said the Lagos Chamber of Commerce and Industry, the premiere chamber of commerce in the African nation.
Nicaragua makes historic feat, doubles FDI in 2 years
According to ProNicaragua, the country's FDI were more than doubled in a span of two years. According to Nicaraguan investment promotion firm ProNicaragua, the country experienced a large boost in foreign direct investments last year, putting the South American nation in the international investment spotlight.
EU proposes US $22B research for various industries
The European Union plans to set aside US $22 billion to finance research for various industries. The European Union recommended a US $22 billion (Eur 17.
Vivus Inc signs erectile dysfunction drug deal worth Eur95 million
Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.
Latest News
In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Indian investments in the US have surpassed a record of US$11 billion according to a study by the US India Business Council.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
A research analyst said that investment banks are eyeing a launch of hedge funds targeting the retail sector.
A study conducted by S&P found that BBB- and higher investment grade companies own majority of debt.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
OGX and its billionaire owner Eike Batista is recognized as the world's worst performing stock.
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
