ChemChina acquires Pirelli

ChemChina acquires Pirelli

China National Chemical Corporation (commonly called ChemChina) agreed on Sunday to buy Pirelli, Italian tire maker, in € 7.1 Billion ($ 7.7 Billion ) deal. The deal is the latest acquisition by Chinese goverment.  Italy is for China the second-biggest market in Europe and fifth-largest  worldwide with completed ten deals in 2014.  At first China…

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AbbVie acquires Pharmacyclics for $ 21 Billion

AbbVie acquires Pharmacyclics for $ 21 Billion

AbbVie announced on Wednesday to buy Pharmacyclics, eventually best selling cancer treatment drug, for about $ 21 Billion although the main bidder was contemplated Johnson & Johnson.  Under the terms of the deal, AbbVie will pay $261.25 per share in cash and stock deal. It is a 13 percent premium to closing price on Wednesday….

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HP acquires Aruba Networks

HP acquires Aruba Networks

Hewlett-Packard announced on Monday to acquire Aruba Networks, Wi-Fi access equpipment for businesses maker, for about $ 3 Billion. It’s biggest deal of HP during in last three years and first major transaction after split of company.  Under the terms of deal, HP will pay $24.67 in cash. It’s 34 percent premium to Aruba’s closing…

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Asahi Kasei acquires Polypore

Asahi Kasei acquires Polypore

Asahi Kasei Corporation, a Japanese fiber and chemicals maker, agreed to buy Polypore International Inc.  Asahi Kasei will pay $60.50 for each Charlotte share. The offer is with 14 percent premium above Friday closing price. Polypore rose up 13 percent to $59.55. in NYSE.  This acquisition is the latest stream of investments in overseas by…

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