CANGENE TO BE ACQUIRED BY EMERGENT BIOSOLUTIONS FOR US$222 MILLION

CANGENE CORP CNJ.TO SAYS CREDIT SUISSE SECURITIES (CANADA), INC. IS ACTING AS FINANCIAL ADVISOR TO CANGENE


As Fed looms, Morgan Stanley sets sale of US oil terminal business

Morgan Stanley has launched a formal effort to sell its controlling stake in U.S. oil terminal and transport business TransMontaigne, four sources said on Wednesday, following other Wall Street powerhouses in yielding to intense regulatory pressure to get out of commodity investments.

Food services firm Aramark raises $725 mln in IPO - underwriter

Food services provider Aramark Holdings Corp raised $725 million from its initial public offering after its shares were priced at the low end of its planned $20 to $23 price range, an underwriter told Reuters.

EU negotiators reach deal on early losses for bank creditors

Bondholders and large depositors in a failing bank face taking losses from the start of 2016, European Union negotiators have agreed, a European Parliament lawmaker said on Wednesday.


Latest News

Snapchat, the mobile photo-sharing service beloved by teenagers and twenty-somethings, has raised another $50 million, according to a Securities and Exchange Commission filing made Wednesday.
Hilton Worldwide Inc, the world's largest hotel operator, raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.
Fortis Inc. announced today that it has entered into an agreement and plan of merger to acquire UNS Energy Corporation for US$60.25 per common share in cash
Talend Chief Executive Officer Mike Tuchen told TechCrunch that part of the $40 million it received from its recent funding round will go towards its plans to launch an initial public offering in the near future.
Enterprise cloud file storage hybrid Egnyte received $29.5 million in Series D funding to introduce itself to other international markets and to gain recognition in international markets like its rivals Box and Dropbox.
A group of financial tech startups are tapping into a niche market wherein 80 million people with low FICO credit scores could not obtain loans from banks and other financial institutions.
Yahoo has yet to address technical problems of its mail and small business services, which is causing frustration for many of its individual and small business customers, according to a TechCrunch report.
Should it relent to pressure to sell its television set-top box business, Cisco could have difficulty finding obvious buyers for the unit, said a Reuters report.
In a report by CNET, Ubuntu founder Mark Shuttleworth said that it had signed a deal with a major manufacturer to create and ship smartphones running on Ubuntu Touch OS.
The Luxembourg-based General Court declared on Wednesday that Cisco's antitrust concerns regarding Microsoft Corp's takeover of the largest Internet video and voice messaging provider Skype was unfounded.