Canadian private equity firm Onex’s buyout of UK safety and survival equipment maker Survitec will be backed with around 300 million pounds ($457 million) of leveraged loans, banking sources said on Wednesday.
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Big Pharma faces up to new price pressure from aggressive insurers
The world's biggest drugmakers face a new reality when it comes to U.S. pricing for their products as insurers use aggressive tactics to extract steep price discounts, even for the newest medications.
'The Amazing Spider-man 3' Release Date: Rumored Casting Call in Atlanta Suggests Third Installment Will be Out Sooner than 2018
Could the expecting fans for the Amazing Spiderman 3 release date watch their favorite superhero come back on the big screens before 2018? Rumors began to swirl online when the reported website for Bill Beckman’s castings claimed to be in-charge of the casting for the upcoming movie initiated a casting call for male and female extras aging 18 to 65 in Atlanta, Georgia.
New Android 5.1 Update For Nexus 5, Nexus 7 and More Release this February with Killer Bug Features, Silent Mode Absent
Google reportedly plans on releasing a new Android 5.1 OS update to address Android Lollipop problems and offer new features.
Asia shares rise after commodities rebound, dollar regains ground
Asian stocks mostly edged up on Thursday after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales.
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Qatar Petroleum and Shell RDSa.l said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in the Gulf state, the region's second big energy project to be shelved since oil prices began to plunge late last year.
Shanghai Jin Jiang International Hotels Development Co Ltd has agreed to acquire Europe's Groupe Du Louvre for up to 1.21 billion euros ($1.13-$1.43 billion) from U.S. investment firm Starwood Capital Group, as Chinese hoteliers expand their global footprint.
Changing their previous stance, two influential proxy advisory firms advised Family Dollar Stores Inc shareholders to vote for the retailer's acquisition by Dollar Tree Inc, saying the deal offered more certainty of closure.
Boeing Co (BA.N) on Wednesday said it was disappointed by the U.S. Air Force's decision to award Northrop Grumman Corp (NOC.N) a contract worth up to $963.5 million to maintain the nation's stockpile of nuclear missiles, and had asked for a briefing about the decision.
Airbus edged closer toward raising production of its best-selling model on Tuesday, declaring the supply chain stable and hinting at a decision to produce more of its A320 cash cow in coming months.
Senior executives at JPMorgan Chase & Co (JPM.N) are pressuring managers across the bank to cut costs, after disappointing revenue growth has hurt profits, a person familiar with the matter told Reuters on Wednesday.
Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co (NYT.N) after exercising warrants to double his stake in the publisher to 16.8 percent.
Growing damage from Russia's financial crisis on neighboring former Soviet states could bury President Vladimir Putin's dream of creating an economic union to rival the United States and European Union.
