Cipla acquired Cipla Medpro South Africa. Cipla Medpro South Africa was delisted from the Johannesburg Stock Exchange as of July 16, 2013. This was after Cipla completed its acquisition of the company for US$512 million.
Regions
Dexia and Intesa to receive US$47 million in Piedmont swaps lawsuit
Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
Home Run Derby gold mine for small scale businesses
To small businesses, Major League baseball is the perfect opportunity to boost their businesses. Yeonis Cespedes' name became known to almost everyone with a television or internet access.
Home Run Derby champ is Cespedes
Yeonis Cespedes of Oakland Athletics, backed by OA Investment Group, won the Home Run Derby today. Yoenis Cespedes triumphed at the All-Star Home Run Derby today against young Nationals superstar Bryce Harper, nine homers to eight.
Prudential decides to sell unit in Japan to SBI worth US$85 Million
Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million. UK's largest insurer by market value, Prudential Plc, decided to sell its life insurance firm in Japan.
Latest News
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
Source BioScience was reported to place an offer for Vindon. The board of Vindon has confirmed that talks with the board of Source BioScience are at an advanced stage.
Opus Bank gears up for the expansion of its Income Property Banking division with the creation of Commercial Real Estate Banking division.
A news report that showed 'racist' and fake names damaged the reputation of Asiana, the budget carrier said.
AT&T's acquisition of Leap puts pressure on smaller rivals to make mergers and purchases of their own.
PacTrust Bancorp's merger is “unique to Southern California,” according to Robert Franko, PacTrust Bank President and CEO.
According to Experian, telecom M&A are doing well in the UK. According to Experian, there was an increase in mergers and acquisitions for the telecoms section in the United Kingdom.
The South African mobile operator gets more than US $570 million in equity and loans. South Africa's Cell C announced that it will be given a cash injection amounting to US $350 million from Oger Telecom, its major shareholder.
According to a report from Calcalist, Apple was in talks to purchase Israel's 3D vision chip developer, PrimseSense, for US$280 million.
