Chiesi Farmaceutici to wholly acquire Cornerstone for USD9.50 per share

Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.


RBS may face more lawsuits over 2008 share offer

The Royal Bank of Scotland Group could face more lawsuits stemming from the share offering it conducted in 2008 that caused investors to lose money.

Twitter IPO gets high interest in 'grey market'

The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.

Microsoft's Bing gets a facelift on logo,homepage

In a bid to close the market share gap with Google Inc, Microsoft Corp's search engine Bing released its updated logo and homepage on Monday.


Latest News

Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.
The Children's Investment Fund proposed to the European Aeronautic, Defence & Space Co to distribute its Dassault Aviaton stake to its shareholders.
A USD11 million Series B funding round was closed by PubNub with known technology investors. The only global Real-Time Network, PubNub recently announced it had closed a Series B funding round raising USD11 million.
Sun Capital Partners, headed by Marc Leder, was reportedly interested in placing a bid on The Jones Group's department stores.
A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.
Clean Harbors, a Massachusetts-based environmental services company, acquired Evergreen Oil in a USD60 million deal.
Belgium brewer Anheuser-Busch InBev would be selling bonds as yields fell in Europe. Anheuser-Busch InBev would be selling bonds as yields plunge to an all-time low in three weeks in the Europe.
An investment was recently completed by Element Partners, an industrial technology focused equity fund, in Hayward Gordon, an industrial manufacturer of fluid handling systems.
In a joint statement on Monday, Packaging Corp. of America (PCA) agreed to purchase Boise Inc. for an aggregate transaction value of USD1.995 billion.
Formal agreements were recently signed between Confie Seguros and Affirmative Insurance Holdings as to the acquisition of the retail distribution arm of AFFM.