M&A
Strides Arcolab buys back divested Brazillian facility from Aspen for $75 million
By Ravi Kunder | 05 Mar 2010
Strides Arcolabs had sold its 51-per cent stake in Strides Latina to Aspen for $152 million in 2007, and is now reacquiring it at half the price, reports Ravi Kunder
Nortel gets court nod to sell internet telephony business to Genband
04 Mar 2010
Nortel Networks Corporation (Nortel), once North America’s largest telecom equipment maker is now divesting most of its Carrier VoIP and Application Solutions (CVAS) global assets
Pfizer in bid to snap up Germany’s Ratiopharm
04 Mar 2010
The acqusuition, estimated at about $4.1 billion, will be the biggest generic company buyout since Teva bought Barr Pharmaceuticals for $7.4 billion in July 2008
Elliott Associates makes $2 billion unsolicited bid for Novell
03 Mar 2010
The offer sent Novell’s share price up by more than 26 per cent after hours trading yesterday to $6.15, above Elliott’s offer of $5.75, indicating that shareholders anticipate a higher rival bid
Dow sells Styron division to Bain Capital for $1.63 billion
03 Mar 2010
Dow Chemical Company yesterday entered into a deal with private equity firm Bain Capital to sell its specialised plastics unit Styron for $1.63 billion
Astellas launches $3.5-billion hostile bid for OSI Pharmaceuticals
02 Mar 2010
Astellas Pharma said that it will now take its offer directly to OSI shareholders and commence a tender offer today to acquire all the outstanding common stock of OSI for $52 per share
MSCI to acquire RiskMetrics for $1.55 billion
02 Mar 2010
Merck KGaA beats Thermo Fisher to acquire Millipore for $7.2 billion
02 Mar 2010
German pharmaceutical giant Merck KGaA will acquire biotech purifiers and filters maker Millipore Corporation for $7.2 billion, including debt, in order to expand into the life science sector
Citigroup to offload Egg unit, say reports
02 Mar 2010
AIG sells Asian assets to Prudential for $35.5 billion
02 Mar 2010
AIG intends to repay a part of the bailout money it received from New York Federal Reserve bank
RR Donnelley to acquire Bowne for $481 million
26 Feb 2010
Bharti in talks with SBI for Zain deal
24 Feb 2010
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