Elan rejects the newest bid from Royalty and seeks to look at other unsolicited interested parties.
Industry
Indian companies buy Mozambique's Videocon Industries
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
McDonald's Sales Increase with "Aggressive" Menu
McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.
French water utility company buys Proactiva
Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.
Healthcare companies spearhead Swiss stocks advance
The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
Latest News
AstraZeneca purchases Pearl Therapeutics for US$1.15 billion, making it the second firm in Britain to rebuild products through deal making.
Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
A US Court dismisses the complaint of Bloomberg filed against the Commodity Futures Trading Commission.
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
French President Francois Hollande calls out European Union to resolve the row with China on importations.
CIC VP was quoted as saying that CIC's overseas investment portfolio grew in 2012. (Photo : Reuters)The image is CIC Chairman Lou Jiwei. China Investment Corp, the sovereign wealth fund of China, has reportedly said that it had increased its overseas investment returns by 11% in 2012 after reporting a loss back in 2011.
