Mergers & Acquisitions
McKesson sweetens bid for Celesio, ups offer to €23.50 per share
McKesson Corporation has sweeten its offer for German counterpart Celesio AG in a bid to win over hedge fund Elliott Management Corporation. McKesson has lifted its bid from €23 per Celesio share to €23.50 apiece.
Rolls-Royce in talks to acquire Finnish Wartsila's marine division
Rolls-Royce Motor Cars Ltd., the world's second largest aircraft engine maker, is reportedly negotiating to buy the marine propulsion division of Finalnd-based power plant and ship engine maker Wartsila. Wartsila has previously refused other approaches for its marine unit.
Indegene buys Total Therapeutics Management to expand US presence
India-based global marketing solutions company Indegene acquired Atlanta, US-based outcomes research firm Total Therapeutic Management (TTM) for an undisclosed sum to expand its presence in the US.
Omni buys Montelucia resort in Arizona
Irving, Texas-based luxury hotel company Omni Hotels & Resorts has bought the iconic Montelucia Resort & Spa in Scottsdale, Arizona for an undisclosed amount, to be renamed as the Omni Scottsdale Resort & Spa at Montelucia.