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Severstal Completes Sale of Steelmaking Assets

2014-10-02 01:06:32| Steel - Topix.net

Severstal has completed the sale of its Columbus and Dearborn facilities to Steel Dynamics and AK Steel. The move marks the exit of Russia's Severstal from North American steel production.

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Merck completes sale of consumer unit to Bayer

2014-10-01 22:56:52| Biotech - Topix.net

Drugmaker Merck said Wednesday that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Bayer AG agreed to buy the business in May. Merck, of Whitehouse Station, New Jersey, said it expects about $9 billion in proceeds after taxes.

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Merck completes sale of consumer unit to Bayer

2014-10-01 22:16:41| Chemicals - Topix.net

Drugmaker Merck said Wednesday that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Bayer AG agreed to buy the business in May. Merck, of Whitehouse Station, New Jersey, said it expects about $9 billion in proceeds after taxes.

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Glatfelter Completes Acquisition of Electrical Papers Producer

2014-10-01 21:09:17| Paper - Topix.net

SPO's plant is located near Frankfurt, Germany. Its primary electrical products and applications include highly technical papers for a wide range of capacitors used in consumer and industrial products; insulation papers for cables and transformers; and materials for industrial power inverters, electromagnetic current filters and electric rail traction.

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Merck Completes Sale of Consumer Care Business to Bayer AG for $14.2 Billion

2014-10-01 17:30:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. Worldwide Collaboration to Market and Develop Portfolio of Soluble Guanylate Cyclase (sGC) Modulators Commences WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, said today it has completed the previously announced sale of the Merck Consumer Care (MCC) business to Bayer AG. Language: English Contact: MerckMedia:Pamela Eisele, 267-305-3558Steve Cragle, 908-423-3461Investor:Joe Romanelli, 908-423-5185Justin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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