Smiths buys Medex to enter &#39;big league&#39;
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Smiths, the aerospace and defence group, is to snap up one of the world&#39;s leading medical device companies in a $925 million (Â£476 million) deal, it confirmed today.
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The generic drugmaker buys an Indian firm to strengthen its long-term prospects.
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SAN FRANCISCO -- Billionaire investor Carl C. Icahn was given clearance by US antitrust regulators to purchase shares in Biogen Idec Inc., the world's biggest maker of drugs for multiple sclerosis.
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Xstrata Plc, the world&#39;s biggest exporter of coal for power plants, offered to buy WMC Resources Ltd. for A$7.4 billion ($5.5 billion) in cash to add nickel and copper mines as China&#39;s demand for metals grows.
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The company is ready to handle competition from generics.
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Aug. 18 (Bloomberg) -- Barclays Plc, the UK&#39;s third-biggest lender by assets, agreed to buy the US credit card business of Canadian Imperial Bank of Commerce for $293 million to expand into the world&#39;s biggest credit card market.
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FRANKFURT/ZURICH  - German drugmaker Merck KGaA   MRCG.DE unveiled a surprise 16.6-billion-Swiss franc ($13.3   billion) deal to buy Swiss biotech firm Serono on Thursday,   creating a new force in European pharmaceuticals.
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MUMBAI, NOVEMBER 1: India Inc is stepping up acquisitions abroad. In its latest shopping abroad, Tata group firm Videsh Sanchar Nigam Ltd (VSNL) has signed an agreement to buy Bermuda-based Tyco Global Network
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Pharmacy-benefits manager Medco  Health Solutions Inc.  said on Tuesday it agreed to buy  PolyMedica Corp.  for $1.2 billion, in a move to expand  its diabetes care services.
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Citigroup agreed to buy Egg Banking, a British online bank, for $1.13 billion, the latest in a series of small deals to expand its retail presence abroad.
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The world's leading sports management and marketing firm is to be bought by a New York  investment firm for an undisclosed fee.
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The move comes just months after Jon Symonds completed the $15.2 billion purchase of MedImmune, which some investors considered too expensive.
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Europe's biggest medical device maker, Smith & Nephew Plc (S&N) , is close to making a formal bid for U.S. rival Biomet Inc. , British newspapers reported on Sunday.
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Buyout firm Forstmann Little &amp; Co. Thursday said it would buy International Management Group, a leading talent agency that represents major sports and entertainment stars.
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ZURICH/FRANKFURT  - German drugmaker Merck KGaA   MRCG.DE on Thursday unveiled a surprise 16.6-billion-Swiss   franc ($13.26-billion) deal to buy Swiss biotech firm Serono,   creating a new force in European pharmaceuticals.
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Biomet, a major manufacturer of artificial hips and knees, said Monday that it had agreed to be acquired by a private investment consortium.
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Medco Health Solutions, the biggest American manager of drug benefits, has agreed to buy PolyMedica, the largest supplier of glucose-testing supplies for patients with diabetes.