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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
Brown-Forman looks to raise US$500m
2015-06-26 13:05:02| Daily beverage news and comment - from just-drinks.com
Brown-Forman has announced the terms of its latest debt offering as it looks to raise US$500m.
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brownforman
us500m
TriMet moves to raise payroll tax to expand regional service
2015-06-24 18:29:39| Footwear - Topix.net
The regional transit agency's Board of Directors was briefed Wednesday on a proposal to raise the tax on most employers by one-tenth of 1 percent over 10 years. The first public hearing is scheduled for August, and the board could approve the increase at its September meeting.
Tags: service
tax
regional
expand
Skokie Car Dealership's BBQ Will Raise Funds For USO Every Saturday in July
2015-06-22 22:45:07| Auto Dealers - Topix.net
"Barbecue for the Troops" will take place from 11 a.m. to 2 p.m. on July 4, 11, 18 and 25 at the 3340 Oakton St. dealership. Over the last two summers, Chicago-area automobile dealers raised $125,000 for the USO of Illinois by hosting a BBQs at numerous car dealerships around Chicagoland as part of a Chicago Automobile Trade Association initiative.
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