Actavis to acquire Warner Chilcott in $5bn pharmaceutical deal

Actavis to acquire Warner Chilcott in $5bn pharmaceutical deal

Financial Times 20 May 2013 Actavis sought to fend off takeover threats by purchasing Dublin-based rival Warner Chilcott in a $5bn deal designed to turn it into the world’s third-largest generic drug company by sales. The agreed all-stock deal, worth $8.5bn including...

Takeda to Acquire Inviragen

Takeda Obtains Promising Vaccine Candidates Against Dengue and Hand, Foot and Mouth Disease, Advancing Takeda’s Commitment to Vaccines and Global Health Osaka, Japan, May 8, 2013, Deerfield, IL and Fort Collins, CO, U.S.A., May 7, 2013 – Takeda Pharmaceutical...
Bayer acquires herbal medicine maker Steigerwald Arzneimittelwerk

Bayer acquires herbal medicine maker Steigerwald Arzneimittelwerk

PharmaIntellect 16 May 2013 Bayer signed an agreement Thursday to acquire 100% of the shares of Steigerwald Arzneimittelwerk GmbH, Darmstadt, Germany, a privately held pharmaceutical company specializing in pharmacy-only herbal medicines. Steigerwald generated sales...
Caterpillar Lowers Cost Of Chinese Acquisition

Caterpillar Lowers Cost Of Chinese Acquisition

The Wall Street Journal 16 May 2013 Caterpillar Inc. CAT +1.12% said Thursday that it has reduced the cost of its purchase of a Chinese mining equipment firm that prompted the U.S. machinery giant to take a big write-down following alleged accounting...

Sinopec Engineering Said to Raise $1.8 Billion in IPO

Bloomberg 16 May 2013 Sinopec Engineering Group Co. (2386), a unit of China’s biggest refiner, raised $1.8 billion in Hong Kong’s largest initial public offering this year. The Beijing-based unit of China Petrochemical Corp. sold 1.33 billion shares at HK$10.50 each,...