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Valeant secures financing for potential Salix bid: Bloomberg

2015-02-12 23:37:52| Biotech - Topix.net

Valeant Pharmaceuticals International Inc has arranged financing for a potential bid for bowel-drug maker Salix Pharmaceuticals Ltd , Bloomberg reported, citing people familiar with the matter. The acquisitive Canadian drugmaker will likely bid more than $150 per share for the company, Bloomberg said, quoting one of those people.

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Irish government still open to Aer Lingus bid from BA-owner IAG...

2015-02-12 21:23:15| Airlines - Topix.net

International Airlines Group boss Willie Walsh is 'nowhere near' walking away from his bid for Aer Lingus and believes the Irish government is still open to the deal despite mounting political opposition. Walsh has also dismissed talk of mass job cuts at Aer Lingus if IAG - formed by a merger of British Airways and Iberia - successfully wins its A 1billion bid for the carrier.

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Goodman Fielder profits flat as bid deadline nears

2015-02-11 09:05:14| Food - Topix.net

While earnings fell 54 per cent in baking and 13 per cent in grocery products, EBIT from the New Zealand dairy operations soared 74 per cent and Asia Pacific profits rose 12 per cent. Photo: Peter Morris Bread giant Goodman Fielder will slash prices across a range of its loaves in a bid to avoid deep discounting by supermarkets.

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Japan's Canon to launch $2.8 bn bid to buy Sweden's Axis

2015-02-10 11:15:44| Appliances - Topix.net

Japan's Canon said Tuesday it would launch a tender offer to buy all outstanding shares in Axis AB, a Swedish network video solutions company, for about $2.8 billion next month. The Japanese camera and copier maker said in a statement that funds required for the purchase would reach 23.6 billion Swedish krona, or about 333.7 billion yen .

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Election-nervous politicians shout down IAG's Aer Lingus bid

2015-02-08 18:37:54| Airlines - Topix.net

The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year. Aer Lingus' board recommended the 1.36 billion euro offer from International Consolidated Airlines Group last month, subject to the agreement of the Irish state to sell its 25 percent holding.

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