April 2009
Bristol-Myers eyes major acquisitions says James Cornelius!
With $9 billion in cash in hand, New York drug maker Bristol-Myers Squibb Co. is looking to do six or seven additional partnerships or acquisitions Chief Executive James Cornelius said. “There’s no urgency to put a ‘for sale’ si...
January 2009
How Porsche launches mandatory offer bid $3.9 billion for Scania!
Porsche Automobil Holding SE, Stuttgart, today announced its mandatory offer in Sweden for Scania AB, Södertälje, Sweden. The acceptance period for the offer to the outstanding Scania shareholders for the acquisition of their shares is thus expected ...
November 2008
Dana Holding Corporation Announced John M. Devine As A New Chairman And CEO, Gary L. Convis As Vice Chairman
Dana Holding Corporation (NYSE: DAN) today announced that its Board of Directors has appointed John Devine to the expanded role of chairman and CEO, and named Gary Convis vice chairman. The changes are effective January 1, 2009. The Board has also exte...
October 2008
Ciba Holding Investor requests More Time to consider BASF's Bid
Bestinver Gestion, the biggest shareholder in Ciba Holding AG, asked Swiss authorities to extend the deadline for BASF SE’s 3.45 billion-franc ($3.1 billion) bid because it may undervalue the Swiss dye maker. The offer will likely expire Oct. 28...
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