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Novartis selling nicotine patch to win U.S. nod for GlaxoSmithKline deal - FTC
2014-11-26 21:55:46| Biotech - Topix.net
Switzerland's Novartis AG has agreed to sell its nicotine patch, Habitrol, in order to win U.S. antitrust approval for a consumer healthcare joint venture with Britain's GlaxoSmithKline , the U.S. Federal Trade Commission said on Wednesday. The deal is part of a three-way transaction unveiled in April, which includes GSK buying Novartis' vaccines business, Novartis purchasing GSK's cancer drugs, and the two groups tying up in consumer healthcare.
Greene King gets nod for GBP773.6m Spirit Pub Co takeover
2014-11-04 11:30:00| Daily beverage news and comment - from just-drinks.com
Greene King, the UK brewer and pub operator, is set to acquire Spirit Pub Co for GBP773.6m (US$1.24bn) after the two firms finally struck a deal.
Schnitzer could get nod to pursue Centennial Mills redevelopment
2014-10-30 19:50:11| Steel - Topix.net
The Portland Development Commission board seems ready to strike a longterm development agreement with Jordan Schnitzer to collaborate in redeveloping the historic Centennial Mills waterfront site.
Tags: pursue
mills
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redevelopment
Wesfarmers gets nod for payout
2014-10-02 04:19:04| Agriculture - Topix.net
Most shareholders would face no immediate tax liability for the $1-a-share capital management initiative, according to an ATO ruling. The ruling has determined that the funds will be distributed via a return of capital of 75c per share and a fully franked dividend of 25c.
Tags: nod
payout
wesfarmers
Vijay Mallya gets shareholders' nod to continue as USL chairman
2014-10-01 13:28:05| Beverages - Topix.net
Summary Following a reduction in its shareholding in USL, United Breweries Ltd , promoted by Mallya, is no longer entitled... Liquor baron Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major. Following a reduction in its shareholding in USL, United Breweries Ltd , promoted by Mallya, is no longer entitled to recommend an independent director to the USL board, global spirits major Diageo said in a statement.
Tags: continue
chairman
shareholders
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