Keyword: portfolio

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Evonik Establishes Independent Carbon Black Company

15.07.2010 - Evonik Industries is reorganizing its carbon black activities. On July 1, Evonik Carbon Black was founded as a legally independent management company under the umbrella of Evonik...

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Anil Ambani's Reliance Power, RNRL May Merge

05.07.2010 - Reliance Power and sister firm Reliance Natural Resources will consider a merger on Sunday, continuing a spree of activity in companies controlled by billionaire Anil Ambani since...

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Sanofi Declines Comment on U.S. Deal

05.07.2010 - Sanofi-Aventis declined to comment on Friday on a Bloomberg report that it was preparing an acquisition of $20 billion or more in the U.S. as shares in the French drugmaker fell...

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GSK Sells Italian Research Unit To Aptuit

02.07.2010 - GlaxoSmithKline has agreed to sell its research unit in Verona, Italy, to the drug research group Aptuit, a deal which will see the transfer of around 500 staff. The financial...

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BASF Merges Swiss Group Companies

01.07.2010 - BASF has announced the merger of its Swiss group companies BASF Orgamol Pharma Solutions, Evionnaz, and BASF Fine Chemicals Switzerland, Evionnaz, to a single organization. The...

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Sanofi Buys TargeGen to Boost Cancer Treatments

30.06.2010 - Sanofi-Aventis is to buy U.S. biotech TargeGen, which is developing treatments against blood diseases, for as much as $560 million as part of the French drugmaker's drive to boost...

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Saudi SABIC Signs $1.2 Billion Loan

30.06.2010 - Saudi Basic Industries Corp (SABIC) said it had signed credit facilities worth 4.5 billion riyals ($1.2 billion) as part of overall project funding at the world's biggest...

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Abbott Looks to Sell its Flu Vaccine Unit

30.06.2010 - Abbott Laboratories is exploring the sale of its flu vaccine unit acquired as part of its purchase of Solvay's drugs unit. "Abbott is exploring the option to potentially sell the...