Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.
Industry
Follett Corp funds ed-tech pool
Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
Mengniu Dairy Adds another Deal for Carlyle’s Yashili
A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.
Johnson Controls to sell its automotive electric unit
Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.
Lloyds: No Political Pressure for Branches Sale to Co-op
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
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Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Starboard's activist image is strengthened as it battles against China's Shuanghui International over its Smithfield Foods Inc. acquisition.
Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
Johnson Controls Inc. is discussing with private equity firms about selling its automotive electronics arm priced at US$1 billion.
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
China Cinda Asset Management Corp. planned its initial public offering with Bank of America Merrill Lynch, Goldman Sachs, UBS and Credit Suisse formally set to work.
