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The GE-Electrolux deal is closing when? Depends who you ask

2015-05-06 20:08:33| Appliances - Topix.net

AB Electrolux President and CEO Keith McLoughlin said he's cautiously optimistic that his company will complete its acquisition of GE Appliances this year. Back in September, Sweden-based AB Electrolux announced plans to acquire GE Appliances , a Louisville-based division of General Electric Co.

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CEO says Scotts Miracle-Gro can help California deal with drought

2015-05-06 16:57:51| Chemicals - Topix.net

In fact, he said the Marysville-based lawn and garden giant sees an opportunity there, despite California Gov. Jerry Brown issuing mandatory water restrictions and proposing sizable fines for residents who use too much water in a bid to reduce water use in the state by 25 percent. The California water board includes only watering lawns "once a week or less" in its recommendations for what every resident should do to preserve water.

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The Wall Street Journal: Alexion to buy Synageva in $8.4 billion biotech deal

2015-05-06 13:59:13| Biotech - Topix.net

Alexion Pharmaceuticals Inc. has agreed to buy Synageva BioPharma Corp. in a cash-and-stock deal valued at $8.4 billion, a move that will strengthen Alexion's pipeline of rare-disease treatments. shareholder will receive $115 in cash and 0.6581 Alexion share, for a total consideration of about $225.92 a share based on Alexion's After the deal, Alexion will have eight treatments in clinical trials, including Synageva's experimental enzyme-replacement therapy for patients with mucopolysaccharidosis IIIB, a rare metabolic disease.

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Poundland invites scrutiny over deal

2015-05-06 10:23:11| BBC News | Business | UK Edition

Discount store Poundland has invited the competition authorities to move to a full review of its proposed tie-up with rival 99p Stores.

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EU Lawmakers Reach Deal to Advance Carbon Reform to 2019

2015-05-06 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union negotiators are endorsing an accelerated overhaul of the blocs carbon market after the price of emission rights fell to levels that fail to deter polluters. Representatives of EU governments, the European Parliament and the European Commission decided on Tuesday to back the 2019 start of a reserve to soak up a permit glut, two years earlier than proposed, according to Latvia, which holds the EU rotating presidency. Carbon futures for December rose 0.3 percent, adding to this months...

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