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Array BioPharma sells Longmont facility to Minnesota firm

2015-06-02 15:07:13| Biotech - Topix.net

Boulder drug research company Array BioPharma Inc. said it's sold its chemistry, manufacturing and controls business in Longmont to Accuratus Lab Services of Minnesota for an undisclosed price. The 50,000-square-foot Longmont facility employs 33 former Array BioPharma workers and the location will now be known as Avista Pharma Solutions.

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K-Swiss buys skate apparel firm One-Distribution

2015-06-02 14:12:00| Daily apparel & textile news and comment - from just-style.com

US footwear maker K-Swiss Global Brands (KSGB) has acquired skate-inspired apparel and footwear manufacturer One-Distribution for an undisclosed sum.

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Caledonia Eyes Takeover Of Wealth Firm Seven

2015-06-02 14:11:47| Trucking - Topix.net

Wealth manager Seven Investment Management is in advanced talks about a takeover by one of the UK's oldest investment trusts in a deal that will continue a recent flurry of corporate activity in the sector. Sky News has learnt that Caledonia Investments, which traces its roots to the shipping empire established by Sir Charles Cayzer in 1878, is close to agreeing the purchase of a controlling stake in Seven IM.

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BAT agrees to buy cigarette firm TDR

2015-06-01 17:11:26| BBC News | Business | UK Edition

British American Tobacco agrees to buy cigarette firm TDR from Croatia's Adris Grupa.

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RIL overtakes ONGC to become India's most profitable firm

2015-05-31 21:14:09| Automakers - Topix.net

Reliance Industries has overtaken state-owned Oil and Natural Gas Corp to become the nation's most profitable company, posting a consolidated net profit of Rs 23,566 crore in the 2014-15 fiscal. ONGC, which posted a consolidated net profit of Rs 18,334 crore in 2014-15, slipped to number three, behind RIL and Tata Consultancy Services Ltd, India's largest IT firm, according to earning data of listed firms available on the BSE.

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