An announcement made last Thursday of a realignment in priority drug research projects prompted Citi analyst to advise shareholders of a possible interest divestment in diabetes drug joint venture between Bristol-Myers Squibb and AstraZeneca.
Sectors
Ballmer appears at Microsoft Accelerator in Berlin
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
DuPont Pioneer and Deere & Co join forces to provide precision agriculture to farmers
Field specific information would be received by farmers from DuPont Pioneer The agricultural seed unit of DuPont, DuPont Pioneer, announced last Friday it had aligned with Deere & Co, the farm machinery company to compete against rival Monsanto in providing enhanced 'precision agriculture' analysis with the goal of maximizing crop production.
One of Google's floating barges will be a dimesonial portal of new technology - documents
Preliminary plans obtained by the San Francisco Chronicle revealed that one of Google's floating barges would be an interactive showroom for about a thousand visitors daily.
Cinda to do IPO
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
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Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.
E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.
The credit card business unit of Dubai Group was acquired by First Gulf Bank. CORRECTION: Corrections made on acquisition parties. First Gulf Bank, which is based in Abu Dhabi, announced the finalization of its acquisition of Dubai First.
Merlin Entertainments's successful initial public offering had put the company's valuation at GBP3.5 billion or USD5.6 billion.
Numericable experienced a significant and record increase in share prices on its first day on the stock exchange.
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
Fosun International raised USD500 million from selling convertible bonds. Fosun International, the largest privately-owned conglomerate in China, managed to raise HKD3.
The assets it owns in Argentina as well as towers in Italy and Brazil are but some of the assets seeking Telecom Italia seeks to unload.
By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
