Both investors are pushing Xerox to explore options vis-a-vis its joint venture with Fujifilm which includes renegotiation of terms of the JV or to walk away from it. Incidentally, 50% of Fujifilm Holdings Corp’s overall operating profit stem from this… Read More ›
Day: January 22, 2018
Wal-Mart exploring a major sale of its Brazilian operations: sources
Having incurred operating losses over several years in a row, Wal-Mart is looking to cash out but still maintain a foothold in Brazil. As per two sources with direct knowledge of the matter at hand, Wal-Mart Stores Inc is holding… Read More ›
Sanofi SA close to acquiring Bioverativ Inc for more than $11.5 billion
France-based pharmaceutical giant, Sanofi SA needs to clinch this deal.The MNC has also obtained the rights to develop and sell a new hemophilia drug in a strategic restructuring of its partnership with Alnylam Pharmaceuticals. As per a report by the… Read More ›