BlackBerry Ltd's board does not believe a break-up of the Canadian smartphone maker is currently in its best interests, even though Microsoft Corp, Apple Inc and Lenovo Group Ltd, among others, have expressed interest in acquiring parts of the company, according to people familiar with the discussions.
Salix Pharmaceuticals Ltd will buy Santarus Inc for about $2.6 billion, gaining two new gastroenterology drugs to strengthen its leading presence in that market.
South African lender Standard Bank SBKJ.J confirmed it was in talks to sell a controlling stake in its London-based global markets business, a deal sources have told Reuters would be worth over $500 million.
Germany's Boehringer Ingelheim, the world's largest unlisted drugmaker, is looking to expand its animal health business and is set to make an offer for poultry vaccine and feed additives maker Lohmann, two people familiar with the matter said.The bid will value the company, which is owned by PHW Group, Germany's biggest poultry farmer and owner of the Wiesenhof food brand, at about 400 million euros ($535 million), or 16 times its expected operating earnings, the sources said.
Essilor International said it would buy Costa Inc, a maker of premium sport sunglasses, in a $270 million deal that would help the French company tap into the growing prescription sun lens market.
Luxury goods group Richemont has decided not to sell underperforming businesses such as leather goods maker Lancel in part because it couldn't get a good enough price, disappointing analysts' hopes for a quick solution.
Italian private equity fund Clessidra said on Friday it has a strong interest in fashion house Versace, which is currently looking to sell a stake of between 15 and 20 percent.