Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the central nervous system.
Deals
Citigroup planning to sell Prime Re - Bloomberg
Citigroup Inc (C.N) is planning to sell Prime Reinsurance Co, a unit created five years ago when the bank spun off its life insurance business, Primerica Inc (PRI.N), Bloomberg reported.
All offers must be considered for Dailymotion: Macron
France's Orange (ORAN.PA) should look at all offers for its Dailymotion video-sharing site, French Economy Minister Emmanuel Macron said on Thursday, adding that France was seeking to promote a strong European digital sector.
GoDaddy shares soar in debut as investors buy into revamp
GoDaddy Inc's shares rose as much as 34 percent in their debut on Wednesday following a $460 million initial public offering, as investors spotted a bargain in a company making a shift from Internet domains to small-business services.
GoDaddy IPO values company at $4.5 billion
Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, above its previously indicated $17 to $19 per share range, valuing it at around $4.5 billion, including debt, according to underwriting sources.
Latest News
Japan's Fujifilm Holdings Corp (4901.T) said on Monday it has agreed to acquire U.S. biotechnology firm Cellular Dynamics International Inc (CDI) (ICEL.O) for $307 million.
China's Guangdong Rising Assets Management [GDRAM.UL] launched a fresh $850 million bid to buy copper and gold miner PanAust Ltd (PNA.AX), but priced its offer at a quarter less than 10 months ago, underscoring the rout in mineral commodities.
Germany's BMG music rights company said on Monday it had signed a music digital distribution deal with China's Alibaba Group Holding Ltd, as the world's largest e-commerce firm firms up its bid to become a digital media empire.
Dufry AG (DUFN.S) has fleshed out plans for its takeover of Italy's World Duty Free SpA (WDF) (WDF.MI), as the Swiss company seeks to consolidate its position as the biggest player in the fast-growing airport retail sector.
The chairman of China National Chemical Corp (ChemChina) said on Sunday he hopes to re-list Italy's Pirelli (PECI.MI) on the Italian stock exchange after his firm agreed earlier this month to acquire the world's fifth-largest tire maker.
Russian businessman Filaret Galchev, who owns a 10.8 percent stake in Switzerland's Holcim (HOLN.VX) via Eurocement Holding AG, has rejected the takeover offer that France's Lafarge (LAFP.PA) has made for Holcim, a Swiss newspaper reported on Sunday.
Dow Chemical Co (DOW.N) will separate a portion of its century-old chlorine business and sell it to Olin Corp (OLN.N) in a tax-efficient deal worth $5 billion as part of efforts to shed low-margin assets.
Mexico's telecom regulator will not necessarily impose tougher rules against billionaire Carlos Slim's America Movil if it does not go ahead with a plan to sell off assets, the head of the regulatory agency said in an interview on Friday.
Creditors of Puerto Rico's power authority, PREPA, have offered it $2 billion in financing, including $1.2 billion to fund a new natural gas operation, in exchange for assurances that it would repay its debt, two people close to the matter told Reuters on Saturday.
