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ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash
2015-11-24 11:31:07| Industrial Newsroom - All News for Today
Acquisition to create a global leader in the power semiconductor market Key Transaction Highlights: Creates a leader in the power semiconductor market with a broad and deep product portfolio Highly complementary product lines offering the full spectrum of high, medium and low voltage products Strengthens...
Volkswagen to cut spending by $1.07 billion in 2016
2015-11-23 21:55:12| Canadian Plastics Headlines
The German automaker will "strictly prioritize" investments in bid to deal with the recent emission scandal. The post Volkswagen to cut spending by $1.07 billion in 2016 appeared first on Canadian Plastics.
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Avago secures unconditional EU approval for $37 billion Broadcom buy
2015-11-23 21:31:54| Semiconductors - Topix.net
European antitrust regulators cleared on Monday Avago Technologies Ltd's planned $37 billion takeover of rival chipmaker Broadcom Corp without conditions. Spurred by demand for cheaper chips and new products to power Internet-connected gadgets as well as the need to cut costs, the global semi-conductor industry has seen a wave of consolidation this year, with the Avago, Broadcom deal among the biggest.
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Viagra + Botox = $160 Billion New Drug Deal
2015-11-23 21:31:53| Semiconductors - Topix.net
Pfizer is acquiring Allergan in a deal valued at about $160 billion. Allergan holders get 11.3 PFE shares.
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Pfizer, Allergan form world's largest drugmaker in $160 billion deal
2015-11-23 21:31:43| Biotech - Topix.net
Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker. It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.
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