Mergers & Acquisitions

Shire Acquires Privately Held Foresight Biotherapeutics Inc., Boosting Ophthalmics Portfolio with Late-Stage Asset

Shire Acquires Privately Held Foresight Biotherapeutics Inc., Boosting Ophthalmics Portfolio with Late-Stage Asset FST-100, if approved, would be the first to treat both bacterial and viral eye infections, transforming treatment of acute conjunctivitis PR Newswire LEXINGTON, Massachusetts, August 3, 2015 LEXINGTON, Massachusetts , August 3, 2015 /PRNewswire/ — Shire plc (LSE: SHP, NASDAQ: SHPG) announced today that it has acquired New York -based, privately held Foresight Biotherapeutics Inc. for $300 million . With the acquisition, Shire acquires the global rights to FST-100 (topical ophthalmic drops combining 0.6% povidone iodine (PVP-I) and 0.1% dexamethasone), a therapy in late-stage development for the treatment of infectious conjunctivitis, an ocular surface condition commonly referred to as pink eye. […]

Mergers & Acquisitions

Sears Holdings Provides Update On Anticipated Financial Performance; Announces Cash Tender Offer For Up To $1 Billion Principal Amount Of Its Outstanding 6 5/8% Senior Secured Notes Due 2018

Sears Holdings Provides Update On Anticipated Financial Performance; Announces Cash Tender Offer For Up To $1 Billion Principal Amount Of Its Outstanding 6 5/8% Senior Secured Notes Due 2018 PR Newswire HOFFMAN ESTATES, Ill., Aug. 3, 2015 HOFFMAN ESTATES, Ill. , Aug. […]

Mergers & Acquisitions

Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia

Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia PR Newswire LONDON, August 3, 2015 LONDON , August 3, 2015 /PRNewswire/ — Mandatory takeover offer for the remaining shares Dechra Pharmaceuticals PLC (“Dechra” or the “Company”) is pleased to announce the signing of a conditional share purchase agreement (“SPA”) with Mr. Marijan Han žeković to acquire his 63.3% holding (equivalent to 69% voting rights) in Genera d.d […]

Mergers & Acquisitions

NICE Announces Agreement to Sell its Physical Security Business Unit to Battery Ventures

NICE Announces Agreement to Sell its Physical Security Business Unit to Battery Ventures PR Newswire RA’ANANA, Israel, August 3, 2015 RA’ANANA, Israel , August 3, 2015 /PRNewswire/ — NICE Systems (NASDAQ: NICE) has entered into an agreement to sell its Physical Security business unit to Battery Ventures, a technology investment firm, for a total consideration of up to $100 million , comprising of $85 million in cash and up to additional $15 million based on future performance. NICE’s Physical Security business unit provides video surveillance technologies and capabilities to security-aware organizations. […]

Mergers & Acquisitions

AUDI AG, BMW Group and Daimler AG agree with Nokia Corporation on joint acquisition of HERE digital mapping business

AUDI AG, BMW Group and Daimler AG agree with Nokia Corporation on joint acquisition of HERE digital mapping business PR Newswire INGOLSTADT, MUNICH and STUTTGART, Germany, Aug. 3, 2015 INGOLSTADT, MUNICH and STUTTGART, Germany , Aug. 3, 2015 /PRNewswire/ — Acquisition will secure and strengthen HERE as an independent company serving customers from all industries Real-time maps and location based services will be the basis for the mobility of tomorrow Transaction expected to close in first quarter 2016 2015AUDI AG, the BMW Group and Daimler AG have agreed with Nokia Corporation that they will acquire its mapping and location services business HERE. […]