Specialty Printing in the US has spun off its packaging and distribution business into a separate unit, which is expected to generate about $16m in revenue in its first year. The new entity will operate independently under the name ...
Tags: Specialty Packaging, labels, in-house packaging equipment
Investment AB Kinnevik has received regulatory approval for its previously announced agreement to sell its Korsnas packaging operations to Billerud for SEK2.7bn ($406m), to form a merged group called BillerudKorsnas. According to the ...
Tags: investment, paper machine, white kraft, sack paper
Bristol-Myers Squibb will acquire Amylin for $31.00 per share in cash, pursuant to a cash tender offer and second step merger, or a total buying price nearing $5.3bn. The acquisition value includes Amylin's debt proceeds and a contractual ...
Research-based pharmaceutical and healthcare company GlaxoSmithKline (GSK) has completed acquisition of Human Genome Sciences (HGS) for $3.6bn on an equity basis, or approximately $3 billion net of cash and debt. With the acquisition, all ...
Tags: GSK, GlaxoSmithKline, Human Genome Sciences
XL Group has named Eileen Whelley as executive vice president, chief human resources officer for the firm, who will replace Elizabeth L Reeves, after her retirement. Whelley will take charge from 18 June 2012, and report to XL chief ...
Tags: XL Group, Eileen Whelley, executive vice president, leadership team
TPG and Par Pharmaceutical have announced the completion of Par's purchase by certain TPG affiliates. According to the merger agreement, Par's stockholders are eligible to earn $50.00 in cash, without interest, less any applicable ...
Pfizer is considering buying NextWave Pharmaceuticals, a company that develops a liquid attention deficit hyperactivity disorder drug. In the second quarter of 2012, Pfizer signed an option and merger agreement with NextWave and made a ...
Tags: Pfizer, NextWave Pharmaceuticals, deficit hyperactivity disorder drug
Callisto Pharmaceuticals will merge with Synergy Pharmaceuticals following a definitive merger agreement between both the companies. As per the agreement, each outstanding share of Callisto common stock will be exchanged for 0.17 shares ...
Tags: Callisto Pharmaceuticals, Synergy Pharmaceuticals, Callisto common stock
Indian carmaker Maruti Suzuki (MSIL) has approved to merge the Suzuki Motor's (SMC) subsidiary, Suzuki Powertrain India (SPIL), with itself following a stock swap transaction with Japanese parent company Suzuki Motor. SPIL, the supplier ...
Tags: Maruti Suzuki, Suzuki Motor, diesel engine, diesel powered cars
CBIZ has acquired the assets of Georgia-based specialty property and casualty brokerage firm Trinity Risk Advisors, effective from 1 September 2012. Upon the completion, the agency will add five employees and approximately $1m to CBIZ ...
Tags: CBIZ, Georgia, casualty, specialty property, insurance
US based professional business service company CBIZ has purchased the employee benefit division of Leavitt Pacific Insurance Brokers (LPIB), of Campbell, California, effective from 1 November 2012. On completion of the transaction, the ...
Tags: CBIZ, LPIB, purchase, acquisition, insurance
Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition
Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, has acquired Security Insurance Services for an undisclosed amount. According to the underwriter, acquisition of Security Insurance Services will enable it to expand ...
Tags: MMA, Marsh, Security Insurance Services, acquisition, insurance
WellPoint and Amerigroup have inked a definitive agreement in accordance with which the first will acquire Amerigroup, which will enable the acquirer to effectively and efficiently serve the growing Medicaid population. WellPoint expects ...
Tags: WellPoint, Amerigroup, Medicaid population, insurance
US-based financial services company, CBIZ has completed acquisition of a Texas-based insurance broker Stoltz and Company, effective from 01 July 2012. The transaction is expected to amount to $3.2m in annualized revenue, along with 13 ...
Tags: CBIZ, acquisition, Stoltz and Company, transaction, insurance