Private equity firm to help biotech company become world's largest

Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.


Foreign exchange affects net return on foreign assets

Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.

Sale of planned takeover of drug-maker can potentially break records

The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.

Germany may sell Commerzbank shares after elections

The German government is contemplating on selling its stake in the loss-making bank after the conduct of the national elections on September.


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After expressing his anger over Spotify's business model, Radiohead's Thom Yorke pulled out all of his music from the streaming website.
Capital One Financial Corp. was negotiating with UBS regarding 250,000 square feet of offices on Park Avenue, Manhattan.
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AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
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Flow businesses, such as spot FX and equities, would be the next great business after the recent financial crisis.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
A Chinese flight attendant was fatally electrocuted after answering a call while charging the iPhone 5.
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.