Elan Corp pulls off deal for Theravance respiratory medication royalties from GlaxoSmithKline. Elan Corporation, the Irish pharmaceutical firm has entered into an agreement on royalties to alleviate concerns about its acquisition strategy as well as be able to blunt the takeover bid of Royalty Pharma.
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Mercator Bids Down to Two
Mercator, the largest retailer of food products in Slovenia has received two bids, one from regional rival Agrokor and investment firm Mid Europa Partners.
Avista Makes Cash Bid for Telular Shares
Avista offers cash bid for Telular shares at US$12.61 per share. In an announcement on Monday, Avista Capital Partners disclosed that the ACP Tower Meger Sub, Inc has pushed through with its earlier announcement regarding its cash bid for all the existing shares of common stock of Telular Corporation.
Vue Entertainment Acquires Poland's Multikino SA
Vue Entertainment purchases Poland's Multikino SA for an undisclosed amount. The joint vetnure of the ITI Group and AREA Property Partners, Vue Entertainment had announced today that it is acquiring Multikino SA, the leading multiplex operator in Poland.
Kleins to Sell Off Part of Shareholdings in Via Varejo SA
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
Latest News
Experian sells off its market research services unit to WPP. The global information services company, Experian Plc has announced Monday that it has agreed to sell off its market research services.
Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.
Patron Capital Partners is planning to spend nearly Eur1 billion for property purchases in Germany. Patron Capital Partners is a private equity company that does investments in a number of real estate projects throughout Europe.
The new president of Sharp Corp is to be announced together with its earnings report for the year ending March 31, 2013.
Danone purchases organic baby food maker Happy Family for an undisclosed amount. The Paris based owner of Evian water and Activia yogurt, Danone, has entered into an agreement to purchase Happy Family, an American manufacturer of organic baby food.
Coleman Cannon adds his expertise to the San Francisco office of Silicon Legal Strategy. Silicon Legal Strategy disclosed today the addition of Coleman Cannon as Senior Associate in its San Francisco headquarters.
Jeff Richard appointed EVP and CFO for Checkpoint Systems. In an announcement on Monday at 11:00am EST of Checkpoint Systems, it disclosed the appointment of Jeff Richard as the new Executive Vice President and Chief Financial Officer to take effect on the 28th of May 2013.
Glencore Xstrata decides on work stoppage to cut costs amidst falling demand and declining prices for coal in the world market.
Iceland's current dilemma is removal of capital controls but by increasing the money supply, it would present long term risks to its capital market.
