Shire now wants to pursue its goal to become a biotech powerhouse through acquisitions. Irish drugmaker Shire PLC announced Sunday it has agreed to pay $5.2bn (£3.4bn, €4.4bn) in cash to acquire New Jersey-based NPS Pharmaceuticals Inc., which specializes in drugs for uncommon conditions. Shire, best known for medications to fight hyperactivity, was founded in [...]
On Friday, two of the biggest fertilizers companies in the world, ended merger talks, after both the companies couldn’t mutually agree on terms. The deal is the latest to join the ranks of unsuccessful mergers that fell apart in the midst of precarious markets and inquiries concerning alleged inversion deals. CF Industries Holdings Inc., based [...]
Expectations concerning energy and science continue to build up as new discoveries and enterprises are unveiled during the first weeks of 2014. This year promises interesting energy and health solutions, which go from upgrades in wind powered renewable electricity to further understanding of what black matter is.
Researchers at University of Wisconsin-Madison have developed a procedure which uses a plant-derived chemical to create a concentrated stream of sugars that is ripe with possibility for drop-in biofuels.
Clariant AG, which is one of the world’s largest specialty chemicals companies, informed that it would sell textile chemicals, paper specialties and emulsions businesses to U.S. private equity firm SK Capital for as much as $550 million. The sale of its three businesses is aimed at improving Clariant AG’s profitability.
Reckitt Benckiser Group PLC, the England-based company, informed on the 22nd of November that it had signed a deal to acquire Schiff Nutrition International Inc. for $1.4 billion. The takeover of Schiff Nutrition International Inc. means that Reckitt Benckiser Group is going to enter the profitable vitamins and nutrition supplements market.