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Aurobindo Pharma set to acquire US nutritional supplements maker Natrol for $133

2014-11-12 11:23:44| Biotech - Topix.net

Aurobindo says the deal with Natrol, which sells vitamins and supplements as well as diet and weight management products, will help the company expand its OTC business in the US. Aurobindo Pharma is all set to acquire troubled US-based nutritional supplement maker, Natrol Inc for USD 132.5 million after emerging as the highest bidder for acquisition.

Tags: set maker acquire supplements

 

Candu Energy and CNNC form JV to set up Advanced Fuel CANDU Reactor (AFCR) projects in China

2014-11-12 01:00:00| Power Technology

Canadian nuclear energy firm Candu Energy has signed a framework Joint Venture (JV) with China National Nuclear Corporation (CNNC) to initiate Advanced Fuel CANDU Reactor (AFCR) projects in China.

Tags: set form advanced china

 
 

Deutsche Telekom to set up new USD 500 mln investment fund

2014-11-11 15:36:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom wants to set up an investment fund worth EUR 500 million for a five-year period, on top of its existing T-Venture investments. Deutsche Telekom's supervisory board has approved the setup of a specialist team of investment managers for the new Deutsche Telekom Capital Partners (DTCP), set to launch early next year. The plan doubles the group's commitment to investments in ventures and innovation. DTCP will be one of the largest investment funds in Europe, and will also advise Deutsche Telekom on existing investments in STRATO, Interactive Media, Scout, Deutsche Telekom Innovation Pool (TIP) and T-Venture. T-Venture, the venture capital fund established in 1998, will be closed to new investments but the team will remain on board and continue to manage the existing portfolio of around 100 companies. T-Venture will also retain responsibility for follow-up investments within this portfolio. New investments will be executed through DTCP. DTCP will support Deutsche Telekom's strategy as an external innovation engine through investments in venture capital, with a special focus on Germany's start-up scene. On top of that, DTCP will also expand its activities to include private equity investments in existing undertakings to foster operational cooperation between over-the-top companies and Deutsche Telekom.

Tags: set investment usd fund

 

South Carolina regulators set fare hearing for Uber

2014-11-10 07:39:50| Paper - Topix.net

The state panel that regulates taxicabs in South Carolina has set a date to check under the hood of the Uber controversy. At issue is whether the app service should be treated differently from conventional taxis.

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South Carolina regulators set fare hearing for Uber

2014-11-10 06:58:22| Industrial Machines - Topix.net

The state panel that regulates taxicabs in South Carolina has set a date to check under the hood of the Uber controversy. At issue is whether the app service should be treated differently from conventional taxis.

Tags: set south carolina hearing

 

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