A multiple-sclerosis drug that was at the center of Sanofi SA's SAN.FR +1.12% $20 billion takeover battle for Genzyme Corp. three years ago was approved for sale in Europe on Tuesday, the drug's first regulatory approval world-wide. The ...
PolyNovo Biomaterials, a wholly-owned subsidiary of Calzanda, has filed 510(k) application with the US Food and Drug Administration (FDA) for an approval to market its NovoSorb wound dressing in topical negative pressure (TNP) wound ...
The Sherwin-Williams Company SHW has completed the acquisition of the U.S./Canada business of Consorcio Comex, S.A. de C.V. Sherwin-Williams will pay $90 million in cash and assume liabilities currently valued in the range of $75 million. ...
Tags: Sherwin-Williams, Construction
The number of countries producing cotton with biotech traits has grown to 15, and more are completing the processes associated with regulatory approval prior to adoption. The fees associated with biotechnology and the need for biosafety ...
Tags: Cotton, Biotech Traits
China Mobile, the country’s largest mobile carrier, will release its first voice-over-LTE phones next year as part of its plan to bring a full range of handsets to its upcoming 4G network. The carrier, with over 700 million ...
Tags: China Mobile, 4G Push
Assurant, a US-based provider of specialty insurance and insurance-related products and services, has agreed to acquire British mobile phone insurance provider Lifestyle Services in an all-cash deal of $160m from Phones 4u Finance. ...
Tags: Assurant, Mobile Phone Insurance
Brit Group Specialty, an Amsterdam-based global specialty insurance and reinsurance firm, is all set to expand its distribution network in Bermuda with the opening of new branch office. The new office, which is subject to regulatory ...
Tags: Brit Group, Distribution Network
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group
Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has signed a deal to purchase the Giles Group of Companies (Giles) of London for an undisclosed amount. Giles is an independent retail broker ...
Tags: Arthur J Gallagher, Giles Group
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber On The Planet, announced that it has executed a letter of intent ("LOI") to acquire a European fiber dyeing facility with more than thirty years ...
Tags: Fiber Dyeing, Textile
Symphony Environmental Technologies Plc, global specialists in advanced plastics and tyre recycling technologies, is pleased to announce that it has signed a five year supply and marketing agreement with Janssen Pharmaceutica, a division of ...
Manulife Financial has entered into business arrangements to reinsure the travel insurance coverage sold by Canada-based RBC Insurance through travel agencies. The companies, however, have not disclosed financial terms of the ...
Tags: Insurance
The Chinese Ministry of Commerce has approved the proposed acquisition of the Swedish dialysis equipment manufacturer Gambro by Baxter International for $4 bn. Under the terms of the conditional approval, the company is supposed to sell ...
Tags: Gambro Buyout, Baxter
US-based food company Pinnacle Foods has entered into an agreement to acquire Wish-Bone and Western dressings brands from Unilever for $580m in cash. The acquisition includes a broad range of liquid and dry-mix salad dressing flavors ...
Tags: Pinnacle Foods, Wish-Bone
Lisle, Illinois-based Suncoke Energy Partners, LP announced Tuesday that its wholly-owned subsidiary executed a definitive agreement to acquire 100 percent of the ownership interest in Kanawha River Terminals LLC (KRT) for $86 million. KRT ...
Tags: Suncoke Energy, Coal Terminal