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In Digital Health Push, Roche Buys Diabetes App Firm

Joining a growing crowd of companies expanding into app-based digital health services, Vienna-based diabetes management platform mySugr was bought for an undisclosed price by Roche, the Swiss drugmaker said on Friday.   Helping people track everything from their blood sugar, medications and...

Landmark $43 Billion Takeover Of Syngenta Clinched By ChemChina

ChemChina and Sygenta said that to clinch its $43 billion takeover of the Swiss pesticides and seeds group, ChemChina has won more than enough support from Syngenta shareholders.   China's desire to use Syngenta's portfolio of top-tier chemicals and patent-protected seeds to improve domestic...

To Put Their Best Foot Forward, Luxury Fashion Brand Jimmy Choo Invites Buyers

As part of a strategic review launched by the luxury fashion and accessories retailer on Monday, Britain's Jimmy Choo has invited potential buyers to step forward.   "The Board of Jimmy Choo announces today that it has decided to conduct a review of the various strategic options...

Just A Day After U.S. Clearance, EU Nod For Syngenta Deal Given To ChemChina

China’s largest foreign acquisition was brought closer to the finish line a day after the U.S. gave its blessing as China National Chemical Corp won European Union antitrust approval for its $43 billion takeover of Swiss pesticide maker Syngenta AG.   The European Commission said in an...

Deal To Buy Middle East Online Retailer Souq.Com Clinched By Amazon

A last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls EMAA.DU was thwarted by US based online retailer Amazon.com as the largest online retailer in the world agreed to buy Middle East online retailer Souq.com.   Deal adviser Goldman Sachs called the deal to be "the...

New Indian Market Leader To Be Created By Vodafone And Idea Cellular

With the aim to create India’s biggest telecoms business in a bid to contest a brutal price war sparked by new rival Reliance, Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations.   With an implied enterprise value of 828 billion rupees ($12.66...

Mead Johnson to be Bought by Reckitt for $16.6 billion

The British consumer goods company Reckitt Benckiser would stand to gain a new product line and expanding its presence in developing markets as it has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion.   Reckitt will pay $90 in cash for Mead Johnson shares, a 30...

Aon's Benefits Outsourcing Business to be Acquired by Blackstone for $4.8 Billion: Reuters

 The employee benefits outsourcing business belonging to insurance broker Aon Plc has been agreed to be acquired and taken over by private equity firm Blackstone Group LP. According to media reports quoting sources and people who have knowledge about the sale off, the deal  is worth a...

Takeover Approach for Macy's Being Made By Canada's Hudson's Bay: Media Reports

With the aim of push further into the U.S. market where it already owns the Lord & Taylor and Saks Fifth Avenue chains, Hudson's Bay Co has made a takeover approach for struggling retailer Macy's Inc, reported the media quoting people familiar with the matter.   The Toronto-based company...

With $4.6 Billion Booker Buy, Tesco’s Lewis Charts New Course

Gaining access to the fast-growing market to supply restaurants and hotels and pooling the U.K.’s biggest supermarket chain with the No. 1 food wholesaler, Tesco Plc agreed to buy Booker Group Plc for about 3.7 billion pounds ($4.6 billion).   Though the value of the offer quickly rose...

Actelion to be Bought by Johnson & Johnson for $30 Billion, Spin Off R&D Unit

In a $30 billion all-cash deal that includes spinning off Actelion's research and development pipeline, U.S. healthcare giant Johnson & Johnson will buy Swiss biotech company Actelion, the companies said on Thursday.   J&J will be helped in diversification of its drug portfolio as...

Eyewear Giant will be Created by 46 Billion Euro Merger of Luxottica and Essilor

To create a global powerhouse in the eyewear industry with annual revenue of more than 15 billion euros, Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger.    While Essilor is the world's leading manufacturer of ophthalmic lenses, Luxottica, the...
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