Mediwatch and Genesis Medical have agree to dissolve their joint venture after they did not agree on several commercial aspects during their negotiations.
Deals
India Cipla to Take Over South Africa Cipla
Cipla Ltd offers to take over Cipla Medpro South Africa. Two Ciplas from two continents would merge into one. Indian pharmaceutical company Cipla Ltd increased its offer by 17% to fully acquire South African drug company Cipla Medpro South Africa Ltd.
Ryanair Purchase Blocked
Ryanair's third attempt to purchase Aer Lingus refused by EU regulators. European Union regulators have refused to validate the third purchase attempt by Ryanair to acquire Aer Lingus.
Veolia to Consider Buying Out Some Joint Ventures
French water utility Veolia is now considering to buy out some minority investors but will not make acquisitions policy.
Mylan to Purchase Strides Injectables
Mylan increases market share with Stride purchase. The world's second largest stand alone generic drugs maker, Mylan Inc has agreed to purchase Stride Acroblab Ltd's injectable medicine unit.
Latest News
Allianz has been in the focus of its own growth in the German market. The business unit of Allianz in Germany has been considering merger opportunities in the Germany market as it focuses on increasing its business presence, according to Markus Riess, unit head.
Sorin Group and Enopace Biomedical have reached agreement in which the former is provided with the power to acquire the latter in the future.
Freeport reached an agreement to acquire Plains Exploration & Production Co. and McMoran Exploration Co. with proceeds to fund its move to enter oil and gas production market.
Bankia announced it expects to recover the money it requested to the government for bailout as it sees signs of recovery.
Clearwire gets money from Sprint yet still allows bid from Dish. Clearwire Corp announced it would draw on the debt money provided by Sprint Nextel Corp.
There is still no timetable agreed when to dispose the 82% stake of the government in Royal Bank of Scotland.
RBS has reported good earnings that it hopes to influence the government to sell its 82 percent stake in the company.
The EMEA GSPS business of Morgan Stanley has been sold to Compuetershare. In an announcement, Morgan Stanley had reached an agreement to sell the EMEA market of its Global Stock Plan Services .
Vivendi is said to put the sale of its Brazilian broadband internet company GVT on hold as it faces lower bids than the asking price.
