Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.
Industry
Kawasaki Heavy Fires President, Ends Merger Discussions
Kawasaki Heavy Industries fired its company's president Satoshi Hasegawa and announced ended talks for merger with Mitsui Engineering & Shipbuilding Co.
Gary Kenneth Toomey Sits As New Jet Airways CEO
Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.
Vodafone to Evaluate Purchase for Fastweb
Vodafone is evaluation possible acquisition of Fastweb, Italy's third biggest retail broadband operator.
Envision Files Registration Statement for Common Stock IPO
Envision Healthcare Holdings Inc. announced filing its proposed initial public offering with the US Securities and Exchange Commission today.
Latest News
Solar design company Circular Energy raised $2.7 million in funding mainly from Cypress Capital. Circular Energy, a solar design and full-service installation company, raised $2.
Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.
Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.
Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.
Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
