M&A
Novartis to split pharmaceuticals division into two business units
18 May 2016
Swiss drugmaker Novartis AG yesterday said that it is splitting its pharmaceuticals division into two business units, Novartis Pharmaceuticals and Novartis Oncology
Five SBI associates may merge into a new state bank
17 May 2016
The proposal, mooted by All India Bank Employees' Association (AIBEA), is reported to have the backing of union finance minister Arun Jaitley
Warren Buffett reveals more than $1 bn stake in Apple
17 May 2016
Apple’s stock, which has lost about a third of its value over the past year, rose by 4 per cent yesterday after Berkshire Hathaway revealed the stake
Pfizer to buy Anacor Pharmaceuticals for $5.2 bn
16 May 2016
Warren Buffett teams up with Dan Gilbert to bid for Yahoo
16 May 2016
The consortium has tabled a leading bid and is among the several suitors who have moved into the second round of bidding for Yahoo
Pfizer blocks sale of lethal injections for executions
14 May 2016
Pfizer Inc, the largest US pharmaceutical company, yesterday said that it will block its drugs being used in lethal injections, effectively cutting off supply of the drug used by states for executions
Sanofi prepares to replace Medivation's board
14 May 2016
French drug giant Sanofi SA is preparing to follow through with its threat to replace Medivation Inc's board of directors for refusal to engage in talks on its $9.3-billion unsolicited takeover offer
Bayer explores potential bid for Monsanto Co
13 May 2016
Nissan Motor buys controlling stake in embattled Mitsubishi Motors for $2.2 bn
13 May 2016
The lifeline thrown by Nissan comes on the same day that Mitsubishi revealed that its cheating on gas mileage ratings extends to more models than previously revealed
Apple invests $1 bn in Uber's China ride-hailing service rival Didi Chuxing
13 May 2016
Apple Inc yesterday said that it has invested $1-billion in Uber's China ride-hailing service rival Didi Chuxing in order to gain insight in the complex Chinese market