Mergers and acquisitions – Page 18
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Business
OM Group to exit cobalt business
Deal worth up to $435 million includes downstream activities, in particular cobalt refining in Kokkola, Finland
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Business
Illumina investment push
$450 million deal for privately owned US firm Verinata Health, which makes chromosomal tests
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Business
Clariant sells business bundle for CHF500m
Textile, paper and emulsion businesses to go to US investment firm
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Business2012 pharma industry roundup
What were the bigger stories? And how did the industry fare overall?
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Business
Gilead buys YM for $510m
Deal gives Gilead access to Janus kinase inhibitor CYT387 for the treatment of myelofibrosis
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Business
AkzoNobel sells $1bn chunk of paints business
North American decorative paints business was responsible for 7% of total AkzoNobel sales in 2011, amounting to $1.5 billion
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Business
Baxter to pay $4bn for dialysis firm
Gambro makes products for hemodialysis and continuous renal replacement therapy
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Business
GSK expands in India and Nigeria
Company has struck deals to increase ownership of subsidiaries
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Business
Schiff seals deal with Reckitt
Boards approves $1.4 billion Reckitt offer as Bayer pulls out of running
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Business
BASF bids €664m for omega-3 company
Pronova BioPharma makes pharmaceutical ingredients as well as nutritional supplements based in omega-3 fatty acids
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Business
Reckitt steps into Schiff deal
Higher bid could sink Bayer’s $1.2bn attempt to buy vitamins and nutritional supplements company
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Business
DSM buys food ingredients firm
$634 million deal for Fortitech will expand ‘value chain presence’
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Business
Takeda buys Envoy for $140m
The small US biotech will boost Takeda’s drug discovery efforts
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Business
Bankruptcy for US Li ion battery maker
Johnson Controls to buy the automotive business of A123 Systems for $125 million
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Business
Pfizer to pay $700m for Ritalin re-formulated
Pfizer to buy a company with a liquid formulation of historic ADHD drug methylphenidate
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Business
$2.2bn speciality chemicals acquisition
Family-owned US speciality chemical company Champion Technologies is to be bought by Ecolab