Cytec pays $1.85bn for UCB unit
10567
Cytec Industries Inc. is buying the chemicals division of Belgian drugs company UCB in a 1.5 billion euro ($1.85 billion) cash and stock deal, the US specialty chemical firm said on Friday.
493537
Business & money: Oil giant agrees to withhold Â£1.5m owed to former chief executive while a court case is resolved.
749529
A consortium led by Australia&#39;s Macquarie group will pay Â£1.27 billion ($2.5 billion) for the broadcast infrastructure business of Britain&#39;s NTL Group.
458096
A university which opposed top-up fees will charge the full rate - but offer bursaries of Â£1,000 a year.
96174
Women's healthcare specialist Warner Chilcott says it has received a bid approach which could value it at more than Â£1.5bn.
760552
Insurance firm Norwich Union is fined Â£1.26m for exposing some of its customers to identity fraud
221563
UCB, a Belgian drug maker, said it had agreed to buy Schwarz Pharma of Germany for 4.4 billion euros ($5.6 billion) to gain experimental medicines for ParkinsonÂs disease, epilepsy and bladder control. Schwarz investors will get 91.10 euros a share in cash and stock, 20 percent more than the closing price on Friday, UCB said. The Schwarz-Schuette family, which owns 60 percent of the company, backed the offer. Schwarz, based in Monheim, Germany, is the third European family-owned drug maker to sell in less than a week as the cost of developing new products rises. UCB, which faces patent expirations on its top sellers starting next year, will get three drugs that may provide more than 2 billion euros in annual revenue.
590868
Women&#39;s healthcare specialist Warner Chilcott has received a bid approach which would value the firm at more than Â£1.5bn ($2.
738422
Life insurer Prudential sells its internet bank Egg to US banking giant Citigroup for Â£575m.
738955
The European headquarters of US banking giant Citigroup in London's Canary Wharf is sold for Â£1bn.
320595
Belgian biopharmaceutical group UCB has announced a friendly takeover bid of 4.4 billion euros (5.6 billion dollars) for German company Schwarz Pharma, aimed at strengthening its position in the neurology sector.
343515
The insurance industry says claims relating to the floods which hit parts of the UK in June will total Â£1.5bn.
478481
Warner Chilcott, the speciality women's healthcare group, said that it had agreed to a 1.62-billion-pound (2.33 billion euros, 2.98 billion dollars) takeover bid from private equity funds run by JP Morgan and Credit Suisse First Boston.
405270
London hospitals will get more than $1.5 million to fix their buildings as part of a $60-million announcement yesterday by the province.
639687
Internet firm Pipex Communications put itself up for sale yesterday in a move that could value the firm at more than pounds 500 million. It has appointed adviser UBS to review strategic options for the group, which "could include" a sale.
743609
Australian building products group, James Hardie, agrees to pay $1.1bn to sufferers of asbestos-related diseases.
570567
Univerzita Pardubice (Czech Republic), university, is building a new faculty and a sports hall worth CEK 950 mil. The university will pay CEK 50 mil of the sum and the rest will be covered by the Ministry of Education.