Sanofi, Novartis and GSK in Race to Acquire Elder Pharma's Domestic Formulations Business

Sanofi, Novartis and GSK are in a race to buy Elder Pharma's formulations unit. (Photo : Reuters)The image is a billboard of Sanofi, the French drugmaker.


NanoString Prices Initial Public Offering

NanoString Technologies announced today the pricing of its initial public offering. (Photo : Reuters)The image is the lobby looking in for JP Morgan Chase & Co.

Las Vegas Sands Says CFO Leaving

The Chief Financial Officer of Las Vegas Sands, Kenneth Kay will step down from office effective July 31.

Goldman Sachs: Sony Increased Bond Risk

Goldman Sachs Group Inc and BNP Paribas SA recommended investors to look for profit as Sony Corp increased in bond risk after the latter announced consideration of Loeb's spin off proposal.


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Ad tech companies may face tough Wall Street audience with their IPO plans as investors find it difficult to identify if such companies are capable of real technological edge.
Former trader of Bank of America, Iftikhar Ali launched a his new hedge fund company according to sources which told Reuters.
Last Tuesday, Autonomy announced that it has sold its remaining stake in video search engine group Blinkx Plc.
First Manhattan Company stated undergoing advanced discussions to replace the current CEO of Vivus Inc. once it prevails to gain control in the company's board.
Bizo obtains US$12.5 million venture debt financing with City National Bank. (Photo : Reuters)The image is the corporate logo of Bizo. Bizo announced that it had obtained a venture debt financin deal worth US$12.
On Wednesday, Macau Legend relaunched its reduced Hong Kong IPO after postponing and restructuring the deal that was supposed to set price last June 21.
TPG bids with Blackstone as well as MEASAT for Optus' Australian satellite. (Photo : Reuters)The image is the corporate logo of SingTel. TPG Capital is currently participating in two separate bids for the Australian satellite unit of Singapore Telecommunications Ltd.
LifeLabs announced on Tuesday that it will acquire its rival CML Healthcare Inc. in a deal valued at C$965 million.
Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.
According to sources, Markit Group has appointed Goldman Sachs as the lead coordinator for its proposed initial public offering.