Perrigo Co is now in a waiting game as it waits for the decision regarding the acquisition of Elan Corp.
Europe
Perrigo to purchase Elan for US$8.6 billion
Perrigo Company announced today that it has signed a definitive acquisition agreement to acquire Irish drug firm Elan Corporation.
Orco Property Group raises EUR 15 million from stake sale
Orco Property Group announced that they were able to raise a total of EUR15 million from stake sale.
Hammerson property value soar as rental incomes climb
Hammerson Plc said that they are happy with the increase in revenue as rental income soar. Hammerson Plc announced that the value of its properties climbed as REIT's rental income soared.
Omnicom-Publicis targets Google advertising
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
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Perusa revealed that it sold its 85% stake in Kamman Maschinenbau to KBA. Perusa, a German private equity group, had exited its position in Kammann Maschinenbau.
Altana AG' Cinven Ltd acquired CeremTech from Rockwood for US$635 million. Rockwood Holding Inc announced that they are set to sell CeremTech to Altana AG's Cinven Ltd.
Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.
A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.
Peter Loescher, the first outsider to lead the company will be leaving Siemens soon. Peter Loescher, chief executive of Siemens and the first outsider to lead the company, will be leaving the company four years ahead of his end of contract.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.
