Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Deals
Smithfield acquisition awaits shareholder approval after US clearance
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
Local and foreign oil firms in Iraq to cut exposure as Syrian strike retaliation looms
Local and foreign oil firms in Iraq would be keeping low profiles as tensions regarding a possible Syria strike retaliation looms over Iraq.
Malkin Holdings to proceed Empire State Building IPO
Malkin Holdings, who manages the Empire State Building and its investors, to proceed with an initial public offering (IPO) of the building into a real estate investment trust (REIT).
Onyx undervalued during buyout, according to its shareholders
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.
Latest News
CHAMP Marlin Holdings and SEA6 Limited offered a total of USD150 million takeover bid for the remaining 25% stake it does not own in Miclyn Express.
Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Protein Bar had reached late stages talks with private equity firm Catterton Partners over a deal priced USD22 million.
Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.
Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport. Mayor Rahm Emanuel of Chicago last Thursday cancelled a deal to lease the Midway Airport.
Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.
Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
