Amgen was looking into buying more small-sized but profitable firms after its successful bid with Onyx Pharmaceuticals.
Sectors
The Microsoft Corp and Google's Motorola Mobility saga continues
The second part of the trial on patent infringement between Microsoft and Google's Motorola will continue this week.
IILM Corp issues dollar denominated sukuk
IILM Corp's debut sukuk was oversubscribed according to reports. The International Islamic Liquidity Management Corp, which is based out of Malaysia, announced on Monday that it had auctioned USD490 milion in sukuk bonds.
SABB set to issue riyal denominated sukuk bonds
SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.
Pritzker Family and TMS reach USD1 billion deal
Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.
Latest News
CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
A Bain & Co. study showed Swedish banks outperform peers, but Europe's financial sector poised to catch up.
Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.
Responding to "Hunger Games" star Liam Hemsworth's burger claim, White Castle, through its representative, proposed a USD20,000 challenge for charity.
Fresh from her highly-criticised MTV VMA performance on Sunday, a new Miley Cyrus single topped iTunes' most downloaded digital singles.
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
