Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.
Deals
Koelstra acquires Little Company to create baby products giant
Switzerland-based company Koelstra announced that Dutch company Little Company had agreed to the former's acquisition offer at an undisclosed amount.
Line sees no pressing need for IPO- report
Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.
Shire to acquire ViroPharma for USD4.2 billion
London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.
Transocean, Icahn resolve proxy battle
Transocean Ltd announced on Monday its plans to appoint new members of its board of directors in Switzerland, an initial public offering of a Master Limited Partnership, and an equity payout of USD3 dividend.
Latest News
The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.
Dubai would be host to Eman Mansour's latest investment banking endeavor. Veteran Gulf Arab banker Emad Mansour had laid out plans to establish a new investment bank located in the tax free financial zone of Dubai.
A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.
Vox Media bought the Curbed network for USD20 million to USD30 million using a combination of stock and cash.
Transurban Group Ltd said it would buy the USD465 million debt of Cross City Tunnel from the Royal Bank of Scotland.
New Zealand healthcare company Bupa became the top operator in the region after it acquired three rest-homes in Dunedin, Gore and Riverton.
Law firm Slater & Gordon Ltd said it would make more acquisitions in the UK using funds raised through share sale this year.
The Czech regulator intended to open the bidding of a frequency tender starting today. The Czech Telecommunications Office planned to conduct the bidding of a mobile spectrum tender today.
Two unnamed sources said India would be selling 10% of its stake in Indian Oil Corp. India planned to sell 10% of its stake in Indian Oil Corp. That would amount to USD800 million, two sources familiar with the matter said.
