9 result(s) displayed (1 - 9 of 9):

Big Pharma bulks up on biotech acquisitions (from Corporate Dealmaker)

Big Pharma companies have been racing to acquire smaller biotech companies to bulk up on technology as they face patent losses on top-selling drugs. Here are some of the latest deals: Sanofi-Aventis SA agreed to buy British vaccine maker Acambis plc for £276 million ($547.8 million) in order to secure...

Posted on July 25, 2008 4:49 PM

Walgreen continues its specialty pharma push (from Corporate Dealmaker)

Seeking to further expand its home infusion pharmacy division, Walgreen Co. will acquire Express Scripts Inc.'s CuraScript Infusion Pharmacy Inc. for an undisclosed amount. CuraScript provides IV treatments for immune deficiency, chemotherapy and pain management. Express Scripts divested CuraScript because it was a noncore business. CuraScript will be integrated into...

Posted on June 10, 2008 1:43 PM

Disney bulks up online holdings (from Corporate Dealmaker)

The Walt Disney Co. continues to build its portfolio of Internet businesses, and don't be surprised to see the buying continue. Disney is reportedly buying two companies: Fanlib and DigiSynd, paidContent is reporting. Fanlib is a fan fiction community site that raised about $3 million from HIG Ventures in 2006....

Posted on June 4, 2008 1:01 PM

Coach expands in Asia (from Corporate Dealmaker)

While most U.S. retailers are clutching their purses because of the credit crunch, luxury retailer Coach Inc. plans to expand aggressively in Asia. The New York-based company announced that it will acquire its own domestic retail businesses in Hong Kong, Macao and mainland China from its distributor, the ImagineX Group,...

Posted on May 29, 2008 3:41 PM

Eyes on Landmark as Weather Channel bids come in (from Corporate Dealmaker)

Speaking of divestitures:Thursday is the day that the latest round of bidding is reportedly supposed to close for Landmark Communication Inc.'s Weather Channel. Preliminary bids for the Weather Channel were due in March. An early report in The New York Times said potential suitors included NBC, CBS, the Walt Disney...

Posted on May 8, 2008 5:17 PM

Chi-town welcome mat for Warren Buffett (from Corporate Dealmaker)

Like denizens of other cities around the country, Chicagoans have been heard to express regrets as local landmark companies are bought up by out-of-town giants. As the Chicago Tribune points out, some of the company names that formerly defined the business scene in the Windy City are First Chicago, Amoco,...

Posted on April 29, 2008 5:26 PM

Deal climate favorable, Honeywell affirms (from Corporate Dealmaker)

Honeywell International Inc.could spend as much as $3 billion on acquisitions this year, Reuters is reporting. "You've seen the trading values of public companies come down and that is very helpful to us," CFO Dave Anderson said in a phone interview with Reuters.The $3 billion number is not a huge...

Posted on April 18, 2008 3:57 PM

Chinese M&A to roll on after Olympics, deal execs say (from Corporate Dealmaker)

Will the surging economic activity connected with the Beijing Olympics give way to a bust after the games are over? Not in the opinion of corporate development officers working in the country for multinational corporations. They see a strong market for transactions, including investment by Chinese companies, both during and...

Posted on April 14, 2008 1:47 PM

M&A: Industries to watch in the upcoming months (from Corporate Dealmaker)

The first quarter has been a challenging one for M&A, but consolidation hasn't completely fizzed out in some industries and in others we should see even more in the upcoming months. Wednesday morning, I spoke with Bob Filek, partner of PricewaterhouseCoopers Transaction Services, about his outlook for M&A and...

Posted on April 9, 2008 2:22 PM