With the aim of rivaling cardiovascular medicines from Amgen Inc, Sanofi and Regeneron Pharmaceuticals, Swiss drugmaker Novartis has decided to acquire The Medicines Co , the owner of the heart drug prospect inclisiran, in a deal worth $9.7 billion hoping to take advantage of this medicine.  ...

The iconic United States based jeweler Tiffany is set to be acquired by the French luxury goods maker Louis Vuitton owner LVMH for $16.2 billion. This is the biggest takeover in the history of the French firm and it is hoping that it would be able to bring the US firm to its former glory.  ...

The stocks of Renault dropped by 8 per cent after Fiat Chrysler withdrew its earlier proposal of a merger with the French car maker. No decision about the merger was taken on Wednesday by the representative of the French on the board of Renault.   In order to convince its Japanese alliance...

The chip maker Cypress Semiconductor has been agreed to be bought by Infineon Technologies in a deal in which the chip maker would be valued at $10 billion.   In addition to continuing its dividend through closing, Infineon has decided to pay $23.85 per share in cash ($10 billion enterprise...

The third biggest automaker was proposed to be created by the merger of Fiat Chrysler and Renault on Modnay based on fairly equal terms that balanced the role and power of each party which would help both the companies to better address the challenges of development costs of new technologies and...

With the aim of shifting focus to its business units and products that are fast growing, Kellogg Co. has decided to divest its cookies and fruit snack brands – which would include Keebler and Famous Amos brands – to a Ferrero SpA in a deal worth for $1.3 billion.   The companies said Monday...

With the aim of boosting its government-backed healthcare business, the United States based health insurer Centene Corp has decided to acquire its smaller rival WellCare Health Plans in a cash-and-stock deal. The acquisition valued the smaller US company WellCare at $15.27 billion.   There...

The significant growth in the payments industry was reflected in the announcement of the largest deal; in the segment were in payment processor Worldpay would now be bought over by US fintech group Fidelity National Information Services Inc (FIS) for about $35 billion.   There has been a...

According to a report published in the Globe and Mail newspaper, a hostile bid for Newmont Mining Corp is set to be made by Canada's Barrick Gold Corp. The offer deal is expected to be about $19 billion and would include only stock. If this deal goes through it could be the largest ever till date...

The largest merger of banks in the US since the 2007-08 financial crisis took place this week and more such industry consolidation is likely in the near future according to analysts and investors.   The deal is the merger of BB&T Corp and rival SunTrust Banks Inc and would be worth about...

The deal that would have created one of the largest p[layers in the European rail industry was rejected by EU regulators on Wednesday striking a blow to the two companies - Siemens and Alstom. The cancellation of the deal has prompted a call for an overhaul of EU competition policy to better meet...