Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.
Sectors
Kutt included into Hunton & Williams' finance team
Nathan J. Kutt is hired as member of Hunton & Williams' financial section. Hunton & Williams LLP, a legal services provider to financial institutions, large scale companies, governments and personal aid, hired Nathan J.
Johnson Controls to sell its automotive electric unit
Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.
Lloyds: No Political Pressure for Branches Sale to Co-op
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
Springer Science Sale to BC Partners Still an Option
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Latest News
Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Starboard's activist image is strengthened as it battles against China's Shuanghui International over its Smithfield Foods Inc. acquisition.
Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
Johnson Controls Inc. is discussing with private equity firms about selling its automotive electronics arm priced at US$1 billion.
Sprint Nextel sued Dish on Monday after stating that its rival company violated the Delaware law. (Photo : REUTERS/Keith Bedford)People talk on their cell phones as passers-by walk past a Sprint store in New York.
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.
