Tests on the functions and ability of a robot which would take care of home deliveries is planned to be conducted by FedEx Corp this summer with a wide range of companies including the likes of Walmart Inc and Pizza… Read More ›
Day: February 28, 2019
German Firm Merck Puts In Bid For Acquisition Of Versum
The German pharma firm Merck is aiming to prevent Versum Materials Inc from merging with another semiconductor components making company and has placed an offer of $5.9 billion for an acquisition of Versum. A proposed merger between Tempe, Arizona-based Versum… Read More ›
Novartis faces shareholder ire at AGM over skyrocketing drug prices
Shareholders are scheduled to vote on Novartis’s planned spin-off of its Alcon eye care unit. On Thursday, at the annual general meeting of Swiss drugmaker Novartis, shareholders came in heavily at the drugmaker for the hike in drug prices. Novartis… Read More ›
Delayed Brexit adds to uncertainty: Aston Martin’s CEO
British lawmakers will be taking a vote on delaying Brexit on March 14 – just two weeks ahead of its scheduled departure. Following British Prime Minister Theresa May promise to lawmakers that she would provide them an opportunity to extend… Read More ›
Disney agrees to divest Fox Sports in Brazil for its $52.4 billion acquisition of 21st Century Fox
Disney has agreed to divest the local rights for the Fox Sports channel in Brazil to a buyer at no additional costs. In a significant development, Brazil’s antitrust regulator, CADE stated, Walt Disney Co has accepted its demand to sell… Read More ›
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