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.
Corporations
Media General gets approval from shareholders to consolidate with New Young Broadcasting
Media General Inc and New Young Broadcasting Holding Co would be waiting for regulatory approvals in order to complete the merger after obtaining positive shareholder vote from the Richmond-based broadcasting company.
Essilor International acquires sunglass maker Costa
Essilor International paid USD21.50 per share for Costa purchase. Essilor International would be purchasing sunglass maker Costa at the approximated price of USS270 million.
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.
Latest News
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.
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.
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.
Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
