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UPDATE 1-Samsung biopharma unit mulling NASDAQ listing to raise about $1.34 bln
2015-06-29 07:07:13| Semiconductors - Topix.net
Samsung Bioepis Co Ltd, a biopharmaceutical development unit of Samsung Group, is considering listing on the NASDAQ to raise about 1.5 trillion won to fund product development, a Bioepis spokeswoman said on Monday. Samsung Bioepis is 90 percent owned by Samsung Biologics, which is in turn 46 percent owned by Samsung Electronics Co Ltd , 46 percent by the group's de facto holding company Cheil Industries Inc and about 6 percent owned by builder and general trader Samsung C&T Corp Cheil Industries and Samsung C&T are in the midst of a proposed $8 billion merger that has been opposed by activist U.S. hedge fund Elliott Associates.
Tags: update
listing
unit
raise
UPDATE 1-Samsung biopharma unit mulling NASDAQ listing to raise about $1.34 bln
2015-06-29 04:51:11| Chemicals - Topix.net
Samsung Bioepis Co Ltd, a biopharmaceutical development unit of Samsung Group, is considering listing on the NASDAQ to raise about 1.5 trillion won to fund product development, a Bioepis spokeswoman said on Monday. Samsung Bioepis is 90 percent owned by Samsung Biologics, which is in turn 46 percent owned by Samsung Electronics Co Ltd , 46 percent by the group's de facto holding company Cheil Industries Inc and about 6 percent owned by builder and general trader Samsung C&T Corp Cheil Industries and Samsung C&T are in the midst of a proposed $8 billion merger that has been opposed by activist U.S. hedge fund Elliott Associates.
Tags: update
listing
unit
raise
Bayer plans to list plastics unit as early as October: report
2015-06-28 19:02:08| Canadian Plastics Headlines
German chemical maker Bayer AG plans to list its plastics division as early as October 2015 to take advantage of current rich stock market valuations, according to a Reuters news report. The report, which cites sources familiar with the deal,… The post Bayer plans to list plastics unit as early as October: report appeared first on Canadian Plastics.
Tags: list
report
october
early
Inertial Measurement Unit targets commercial market.
2015-06-25 14:31:06| Industrial Newsroom - All News for Today
Based on fiber-optic gyro technology, commercial-off-the-shelf Model LN-200C is suited for instrument stabilization, motion compensation, and navigation in commercial, aerospace, and industrial applications. Dual-use, tactical-grade, 6-degrees-of-freedom IMU features hermetic seal and has no moving parts, helping to ensure low noise and extended operational life.
Tags: market
commercial
unit
measurement
Thermtech Completes Construction of TCC Test Unit
2015-06-24 17:20:00| Offshore Technology
In June 2015, Thermtech has completed the construction of a small-scale TCC Test Unit, which is now available for test projects.
Tags: test
construction
unit
completes
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