Keyword: Elaine Burridge

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Stada Boosts OTC Business with GSK Brands

05.03.2020 - German generics producer Stada is buying 15 over-the-counter (OTC) consumer healthcare brands from GlaxoSmithKline (GSK), marking its second acquisition of branded products from...

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Gilead Boosts Immuno-oncology with Forty Seven

04.03.2020 - Gilead Sciences has agreed to buy out immuno-oncology company Forty Seven for $4.9 billion. The deal, which has unanimous approval from both boards, is expected to close in the...

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Olin Appoints Sachem Nominees to Board

04.03.2020 - Olin has reached agreement with activist shareholder Sachem Head Capital Management and added two of the investor’s nominees to its board with immediate effect. The additional...

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Versalis Takes Stake in Finproject

03.03.2020 - Versalis has taken a 40% stake in Finproject, an Italian manufacturer of expandable PVC compounds and molds, marking the Eni subsidiary’s entry into the high-performance formulated...

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BP Quits US Trade Associations

02.03.2020 - BP had decided to quit three trade associations in the US, stating they are no longer aligned with its ambition to become a net zero carbon emissions company by 2050. The...

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UOP Provides Cumene/Phenol Units to PKN Orlen

28.02.2020 - Honeywell is licensing its UOP Q-Max and phenol 3G technologies to Poland’s PKN Orlen for a of 200,000 t/y phenol plant at Plock. Financial terms of the contract were not disclosed...

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Activist Investor Targets Olin

26.02.2020 - Activist investor Sachem Head Capital Management has revealed it owns a 9.4% stake in Olin and intends to nominate four directors to the US chemical company’s board at the annual...

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Valence Goes to Piper Sandler

26.02.2020 - Shareholders of The Valence Group have entered into a definite agreement to be acquired by Piper Sandler Companies. The transaction is expected to close in this year’s second...