Archive for July 16th, 2012
GSK reaches a deal worth $3.6bn to acquire HGS
British drugmaker GlaxoSmithKline Plc (LON:GSK) reached on Monday a USD3.6bn (EUR2.9bn) deal to buy Human Genome Sciences (NASDAQ:HGSI), or HGS, after it raised its offer for the US biopharmaceutical firm to USD14.25 a share, from UD13.00 a share, the parties …
Many Scottish shops and hotels at risk of going under, R3 report claims
Hundreds of retailers and hoteliers in Scotland are at risk of going out of business in the next 12 months, a new report claimed today. Business recovery organisation R3
UK economy predicted to grow in second half
The UK economy is set for an "Indian summer", with growth returning in the second half of the year, a leading forecaster predicted today. The latest quarterly forecast from
Bargain hunting British travellers widen horizons in search of deals
Spain is still the UK's most popular overseas tourist destination, but with bargain hunting Brits keen to find the best deals, UK travellers are widening their palette of options, according to data
UK’s Hospedia acquires ExtraMed in deal that could save £150m for NHS
British point of care systems provider Hospedia Ltd said on Monday it had acquired local patient flow and bed management software specialist ExtraMed Ltd for an undisclosed sum. Hospedia's
The ten most influential financial lobbyists in the UK — TBIJ
The following list details the ten most powerful financial lobbyists in the UK, selected by The Bureau of Investigative Journalism. The list follows an earlier report
Facebook acquires mobile bookmarking start-up Spool
US-headquartered social network major Facebook Inc (NASDAQ:FB) had acquired mobile bookmarking startup Spool for an undisclosed sum, the latter said in a blog post. The target, with a staff
Universal to sell Virgin Records to clear EU hurdles for EMI deal
Universal Music Group Inc, the record company owned by French media and telecommunications conglomerate Vivendi SA (EPA:VIV), may sell Virgin Records in a bid to get its GBP1.2bn
British drugs giant GSK could announce a deal for HGS today
British drugmaker GlaxoSmithKline Plc (LON:GSK) is seen to increase to some USD14.00 (EUR11.43) a share, or around USD2.8bn in total, from USD13.00 per share, its bid to buy
Private equity firms in talks to acquire RBS’ Direct Line
Royal Bank of Scotland Group Plc (LON:RBS) may not get to list its unit Direct Line Insurance Plc as two consortia made up of leading private equity groups
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