Biz/Tech
Zurich Acquires Rural Community Insurance Services, Expands Its Existing Portfolio Of Products And Services
China Southern Airlines To Buy Airplanes from Boeing To Facilitate Optimization Of Company's Fleet Structure
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
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Valeant Announces Fulfillment Agreement With Walgreens, Boosts Credibility With Investors And Sends Shares Up
Valeant Pharmaceuticals International Inc. has announced in a press release that it has new fulfillment agreements with Walgreens Boots Alliance Inc., the largest drugstore chain in the U.S.
Halliburton And Baker Hughes Extend Merger Deadline, U.S. Regulators Seek More Concessions To Approve Deal
The Halliburton Company has announced in a press release that they and Baker Hughes Incorporated is extending the time period for closing the transaction to no later than April 30, 2016.
Newell Rubbermaid To Acquire Jarden Corporation, Would Create $16 Billion Consumer Goods Company With Portfolio Of Leading Brands
Newell Rubbermaid has announced in a press release that it will be acquiring Jarden Corporation in a cash and stock transaction.
Hudson's Bay Close To Buying Gilt For About $250 Million, Plans To Pair Fashion Retailer With Its Saks Off 5th Brand
The Hudson’s Bay Co., which owns Saks Fifth Avenue, is nearing a deal to buy Gilt Groupe Inc. for about $250 million, people familiar with the matter told reports.
Sanofi And Boehringer Ingelheim In Talks Over Asset Swap, Animal-Health Business To Be Swaped For Consumer Healthcare Business
Sanofi SA has announced in a press release that it has entered into exclusive negotiations with Boehringer Ingelheim GmbH to swap businesses.
UBM Reportedly Hoping To Sell PR Newswire to Cision for $841 Million As Part Of 'Events First' Strategy
UBM plc, one of the world’s leading B2B events organizers, has announced in a press release that it will be selling PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million.
Chinese Regulators Clear Shell's Proposed Takeover of BG
Royal Dutch Shell plc has announced in a press release that it has received unconditional merger clearance from the Chinese Ministry of Commerce (MOFCOM) regarding its combination with BG Group.
Micron to Acquire Remaining Shares of Inotera Memories, to Utilize Company's Full Financial, Operational Benefits
Micron Technology, Inc. has announced in a press release that it will acquire the remaining shares of Inotera Memories for approximately $3.2 billion, net of cash and debt at Inotera.
Elon Musk Launches OpenAI To Investigate Artificial Intelligence Without The Need To Turn A Profit
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
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