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Sources: SEC Probes Alleged Misspending by Dow Chemical
2015-06-04 22:29:46| Chemicals - Topix.net
The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co , misused company funds for personal benefit, according to people familiar with the matter. It is not clear whether the SEC investigation is limited to the spending allegations or is broader in scope.
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Exclusive: Teva poised to raise its stake in Mylan - sources
2015-06-03 01:35:29| Biotech - Topix.net
The strategy is a sign of Teva's commitment to its $40 billion bid for Mylan, as the latter presses on with its own $34 billion hostile bid for over-the-counter drug company Perrigo Company Plc ( Teva last week disclosed a 1.8 percent stake in Mylan, which blasted the move as breaching U.S. antitrust laws because of the stake's size. U.S antitrust laws bar companies from acquiring stakes worth more than $76.3 million in rivals without first obtaining regulatory approval.
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ADM scaling back global sugar trading - sources
2015-05-26 08:45:51| Sugar Industry News
LONDON, May 22 (Reuters) - U.S. agribusiness Archer Daniels Midland Co is scaling back its modest-sized sugar trading operations and the London-based head of that business has left after less than four years, trade sources said, a sign of the sugar market's deepening woes.
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UPDATE 1-ADM scaling back global sugar trading - sources
2015-05-23 06:19:31| Agriculture - Topix.net
U.S. agribusiness Archer Daniels Midland Co is scaling back its modest-sized sugar trading operations and the London-based head of that business has left after less than four years, trade sources said, a sign of the sugar market's deepening woes. Alberto Peixoto joined as global head of the company's sugar desk 3-1/2 years ago, according to his LinkedIn profile.
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Exclusive: Altice eyes U.S. with TWC, Suddenlink buys - sources
2015-05-20 14:05:01| Telecom - Topix.net
French telecommunications group Altice SA has held talks to buy Time Warner Cable Inc, and is close to buying smaller peer Suddenlink, moving into the U.S cable market, according to people familiar with the matter. The negotiations with Suddenlink are more advanced and a transaction could be announced later this week, the people said.
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