United States

Shire Plc purchases ViroPharma

The USD4.2 billion purchase by Shire Plc of ViroPharma Inc is the highest purchase on EBITDA rates for a biotechnology firm in history, as the price is 58 times EBITDA.


Photos: Veterans Day ceremony

Veterans Day is an official United States holiday that honors people who have served in armed service, also known as veterans.

Bitcasa raises USD11 million in venture round

Bitcasa Inc., a cloud storage company based in California, raised USD11 million in its venture round funding. Bitcasa has raised USD19.5 million since it's launch in September 2011.

Toll Brothers postpones boost on investment-grade rating, offers debt to buy Shapell

Toll Brothers Inc would be seeking to acquire the amount needed to finance its USD1.6 billion acquisition of Shapell Industries Inc and refinance its 4.95 notes due next year.


Latest News

For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.
Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.
Sydney, Australia-based DesignCrowd claimed that its crowdsourcing marketplace was more fair and transparent to freeland designers, and intended to expand its business in the US.
The USD25 million funding Jessica Alba's The Honest Company had raised would go towards implementing its growth plans, including a potential expansion in the Canadian market.
Democrats urged Republicans to limit tax breaks, executive stock options and other tax preferences enjoyed by hedge fund managers and private equity advisers.
Analyst Andrew Temming of US-based investment firm Renaissance Investment Management said the firm had yet to find a stock on the Philippine Stock Exchange that they'd like to invest on.
Wood Group said it would be buying Elkhorn Holdings Inc for an undisclosed amount. International energy services company Wood Group said it would be purchasing Wyoming-based Elkhorn Holdings Inc.
London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.
Transocean Ltd announced on Monday its plans to appoint new members of its board of directors in Switzerland, an initial public offering of a Master Limited Partnership, and an equity payout of USD3 dividend.
Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.
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