Canada's Valeant Pharmaceuticals International Inc. agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd. (SLXP.O) in an all-cash deal valued at about $10.1 billion, the two companies said on Sunday.
Deals
Petrobras hires JPMorgan for $3 billion in asset sales - sources
Petróleo Brasileiro SA (PETR4.SA) has hired JPMorgan Chase & Co to handle $3 billion in planned asset sales this year, as fallout from a corruption scandal has shut access to financing for Brazil's state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.
South Korea's Lotte proposes purchase of Italy's World Duty Free: report
South Korea's Lotte Group has submitted a proposal to acquire a controlling stake in Italy's World Duty Free SpA (WDF.MI) in a deal estimated at 3 trillion to 4 trillion won ($2.71 billion to$3.61 billion), Korean media reported on Tuesday.
AAR to sell cargo handling business to TransDigm for $725 million
AAR Corp (AIR.N) said it would sell its cargo handling business, Telair Cargo Group, to TransDigm Group Inc (TDG.N) for $725 million in cash to focus on its aviation services business.
Dubai Aerospace explores StandardAero sale - sources
Dubai Aerospace Enterprise Ltd, an aircraft leasing and maintenance company controlled by the government of Dubai, is looking to sell its aviation services unit, StandardAero, for more than $1.8 billion, according to people familiar with the matter.
Latest News
Spanish cable company Euskaltel has hired Rothschild as advisers to explore a potential partial listing on the stock exchange, business daily Expansion said on Saturday, citing sources close to the firm.
Airbus Helicopters said on Friday it is in talks with Indian companies including Mahindra and Mahindra (MAHM.NS), Reliance Industries (RELI.NS) and Tata Group to jointly make military helicopters, to comply with rules aimed at helping the local defense industry.
Sri Lanka is reconsidering the outright transfer of a parcel of land to China under a $1.5 billion port city deal signed by a previous government, the energy minister said, amid concerns it could be used for Chinese naval activity.
Internet and network security provider Check Point Software Technologies has bought Israeli start-up Hyperwise, saying it will help it compete in the fast growing cyber security market.
Billionaire Patrick Drahi is aiming to buy Vivendi's 20 percent stake in Numericable-SFR (NUME.PA) to strengthen his grip on France's No.2 telecoms group and prepare for a possible next round of industry consolidation.
Financial giant Japan Post Holdings Co Ltd launched its global expansion strategy with its largest ever deal on Wednesday, agreeing a A$6.5 billion ($5.1 billion) takeover of Australian freight and logistics firm Toll Holdings Ltd.
China's Anbang Insurance Group has agreed to pay 1.13 trillion won ($998 million) to take a controlling stake in South Korean's eighth-largest life insurer Tong Yang Life Insurance, Tong Yang said on Tuesday.
Spain's Caixabank said on Tuesday it would launch a full takeover bid for Portugal's BPI, paying 1.329 euros ($2) per share for the 55.9 percent of the lender it does not already own.
Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market.
