Australian Pharmaceutical Acquires New Price Retail
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Australian Pharmaceutical Industries Ltd., the nation&#39;s biggest drug wholesaler, agreed to buy New Price Retail for A$112.4 million ($78 million) in cash and stock, expanding its store network by two thirds.
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Johnson &amp; Johnson last night struck a deal to acquire Guidant, the US cardiac treatment group for $25.4bn, in a move that will give it access to one of the fastest growing areas in health care.
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German drugmaker Merck MRCG.DE on   Thursday agreed to buy a 64.5 percent stake in rival Serono   SEO.VX in a surprise deal valued over 10 billion Swiss francs   ($8.3 billion), creating a new force in European   pharmaceuticals.
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Sept. 30, 2004âReacting to calls from pharmaceutical retailers, distributors and manufacturers, EPCglobal has added a new action group to specifically study the pharmaceutical industry
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Ingram Micro Inc. (IM.N: Quote, Profile, Research) , the world&#39;s largest computer products distributor, on Monday said it would acquire Australia-based Tech Pacific for $493 million in cash, including debt.
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ABC Learning Centres Ltd., Australia&#39;s biggest day-care operator, plans to spend A$380 million ($264 million) buying rivals to cut costs and lift its share of the nation&#39;s market to a fifth.
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US pharmaceuticals company Abbott Laboratories has announced that it has entered into an agreement to acquire US nutrition company EAS.
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Australia&#39;s biggest retailer Coles Myer has joined the bidding war for pubs group Australian Leisure and Hospitality (ALH), offering Aust.
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US pharmaceutical company Perrigo expands its generic drug business with the purchase of Israel's Agis Industries.
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Australian retail giant Coles Myer launched a 1.18 billion dollar (861 million US) bid for pub and liquor store group ALH, trumping a lower offer by rival Woolworths.
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Australia's Healthscope Ltd.  launched a A$2.86 billion ($2.34 billion) takeover offer for larger rival Symbion Health Ltd.  on Tuesday, backed by private equity firms Ironbridge Capital and Archer Capital.
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The Centro Properties Group and Centro Retail Trust of Australia have agreed to buy New Plan Excel Realty Trust for about $3.4 billion in cash, accelerating Centroâs push into the United States.
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Roche is the latest firm to (over)pay for the hottest new drug technology.
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Teva Pharmaceuticals of Israel, the largest generic-drug maker in the world, announced yesterday that it was acquiring the Rockville biotechnology company CoGenesys for $400 million.
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Consolidation in Europe's drugs   sector gathered steam on Thursday as Germany's Merck unveiled a   $13.3-billion deal to buy Europe's top biotech firm Serono, and   Denmark's Nycomed won the drugs unit of Altana.
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Perrigo Co., a maker of over-the-counter drugs and supplements for the store-brand market, said Monday that it agreed to buy Israeli generic drug giant Agis Industries Ltd.
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AstraZeneca Plc, the UK&#39;s second biggest drugmaker, bought a 19.9 percent stake in Cambridge Antibody Technology Group Plc, an unprofitable biotechnology company, for 75 million pounds ($139 million).