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Entries tagged "GlaxoSmithKline"

GlaxoSmithKline to buy India's Shanta?

Acquisitive GlaxoSmithKline already snapped up South Africa's Aspen Pharmacare Holdings and Stiefel Laboratories in the last month, and now India's Shanta may be next.


For Icahn, Exelixis marks the biotech spot

When Carl Icahn gets involved in biotech companies, action often follows. He sold off ImClone Systems Inc. to Eli Lilly and Co., helped split Enzon Pharmaceuticals in two and unsuccessfully pushed for a sale of Biogen Idec Inc. ...


GSK in $2.7B deal for sleeping drug

GlaxoSmithKline plc agreed Monday to pay Actelion Ltd. as much as Sfr2.735 billion ($2.74 billion) including milestone fees for the rights to develop and market the Swiss biotechnology firm's experimental sleep disorder drug almorexant. ...


The Deal Calendar: May 19 - 23, 2008

Here's a preview of all of the dealmaking events you need to know about for the week of May 19th. The HSR Act expires for British drug company GlaxoSmithKline's $720 million purchase of Sirtis Pharmaceuticals; Draxis Health shareholders will vote on the proposed merger with drug maker Jubilant; and retailers Target, Home Depot, Limited Brands, Gap, and Talbots will report and discuss earnings. Suzanne Stevens, senior editor of Corporate Dealmaker, joins us this week with a closer look at Talbots' earnings. - The editors...


Just In: Advisers on GlaxoSmithKline's acquisition of Sirtris

Drug giant GlaxoSmithKline plc will buy clinical-stage biotech Sirtris Pharmaceuticals Inc. for $720 million. GlaxoSmithKline plc's legal counsel include Victor Lewkow, Arthur Kohn and Lillian Raben of Cleary Gottlieb Steen & Hamilton LLP. Sirtris turned to investment bankers Douglas Braunstein and Robbie Huffines of J.P. Morgan & Chase Co. For legal advice Sitris used Marc Rubenstein and Jonathan Grandon of Ropes & Gray LLP. ...



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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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