Takeda offers €520m to acquire European cell therapy company TiGenix

Pharma acquisition news : Japanese pharma company Takeda Pharmaceutical proposes to acquire TiGenix, a cell therapy company in Belgium for €520 million to grow its late-stage gastroenterology portfolio along with its presence in the American specialty care market. Founded in 2000, TiGenix is an advanced biopharmaceutical company with a focus on utilizing the anti-inflammatory properties […]

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Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate Toshiba Corporation for $4.6 billion. As per the deal terms, the Bermuda-based asset management company will purchase almost all of Westinghouse Electric’s global business as well as […]

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Allergan job cuts 2018 : Irish pharma company to cut more than 1,000 jobs in cost-cutting move

Allergan job cuts 2018 : Allergan, the owner of Botox cosmetic injection, has notified its plans to slash more than 1,000 jobs across its group as part of a cost-cutting measure. Facing the axe in the Allergan layoffs 2018 will be employees presently working in the commercial and other functions associated with the global Irish […]

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