M&A
Qualcomm to restructure with 15% lower workforce
23 Jul 2015
Lupin buys US generics drug maker Gavis for $880 mn
23 Jul 2015
The cash-free and debt-free acquisition creates the fifth-largest portfolio of new drug filings with the US FDA, addressing a $63.8-billion market
BlackBerry to acquire AtHoc
23 Jul 2015
HSBC close to selling Turkish unit to ING for $750 mn: report
23 Jul 2015
Analysts sayTurkey is a difficult market for foreign banks due to stiff competition with local lenders, and yet attractive by virtue of its young population and geographic location between Asia and Europe
US health insurer Anthem is close to inking a deal to buy Cigna for over $48 bn
23 Jul 2015
The proposed acquisition comes amidst consolidation among health insurers and health care companies in the US in order to cut costs due to President Barrack Obama's changed Affordable Care Act
UPS in talks to buy Coyote Logistics for $1.8 bn
23 Jul 2015
Home Depot to buy Interline Brands for $1.63 bn
23 Jul 2015
Thoratec Corp accepts US heart device maker St Jude Medical's $3.4-bn offer
22 Jul 2015
The deal will accelerate St. Jude Medical’s growth strategy by adding Thoratec’s complementary products and technologies to its own portfolio of heart failure products
Horizon Pharma raises offer to buy Depomed to $33 per share
22 Jul 2015
Irish biopharmaceutical company Horizon Pharma Plc yesterday raised its offer to buy smaller US rival Depomed Inc to $33 per share in abid to nearly double its drugs portfolio
Pearson explores sale of Financial Times daily newspaper
21 Jul 2015
Pearson was sounding out possible bidders for the Financial Times and a sale may value the 127 year-old newspaper at £1 billion
SunEdison to buy Vivint Solar for about $2.2 bn
21 Jul 2015
Lockheed Martin acquiring Sikorsky Aircraft from UTC for $9 bn
21 Jul 2015
Sikorsky is a natural fit for Lockheed Martin and complements its broad portfolio of aerospace and defence products and technologies
Lockheed to buy Sikorsky for over $8 bn: report
20 Jul 2015
If it passes regulatory approval, the Sikorsky deal would see Lockheed further strengthening its position as the world’s largest defence contractor
Yahoo to spin off its $32-bn Alibaba stake into 'Aabaco Holdings'
18 Jul 2015
Yahoo’s stake in Alibaba is currently worth over $32 billion, which would make Aabaco Holdings a sizable company