Royalty Pharma Urged for Firm Offer for Elan

Ireland’s Takeover Panel is urging United State's Royalty Pharma to firm offer for Irish drugmaker Elan by May 10.


Brazil is Goldman Sach's New Growth Area

According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs. In a bid to increase its base of corporate clients in Brazil and neighboring countries, Goldman Sachs President and COO Gary Cohn said that it would respond to increased demand for corporate loans, advisory services and structure financing in the country.

Valeant Raises Buyout Offer for Obagi

Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.

RBS Directors to Stand Trial

According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.


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Samsung has entered into an agreement with Absolute Software to allow embedding of the technology into the Galaxy firmware.
Obagi's enterprise value increased as Valeant offered a higher share value price of US$24 per share.
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
Telefonica Deutschland would be selling off Euro denominated bonds. The German subsidiary of Spain's largest phone company, Telefonica Deutschland Holding AG is now preparing to offer for sale of Euro denominated bonds as early as this month.
The German construction firm Hochtief is pushing to become leaner in its process to divest assets for the long term.
PT Saratoga Investama Sedaya and PT Mitra Pinasthika Mustika would be listed for their individual IPOs in Indonesia's bourse this year.