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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: El Al, CSN, Manara Minerals, Sanofi, KKR Oct 16 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1330 GMT on Wednesday: ** KKR & Co KKR.N is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and logistics services at around $1.8 billion, people with knowledge of the matter said.
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US FDA pauses Novavax's trial of combo flu shot on safety concerns

UPDATE 3-US FDA pauses Novavax's trial of combo COVID-flu shot on safety concerns Updates shares in paragraph 2 Oct 16 (Reuters) - The U.S. Food and Drug Administration has put Novavax's NVAX.O trial of an experimental COVID-flu vaccine combination on hold after one person who received the shot reported nerve damage, the company said on Wednesday.
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Exscientia Achieves Milestones For Two Programmes In Sanofi Collaboration

BRIEF-Exscientia Achieves Milestones For Two Programmes In Sanofi Collaboration Oct 16 (Reuters) - Exscientia PLC EXAI.O : EXSCIENTIA ACHIEVES MILESTONES FOR TWO PROGRAMMES IN SANOFI COLLABORATION Source text for Eikon: ID:nBw445cd0a Further company coverage: EXAI.O
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Sanofi workers in France to strike over sale of consumer health unit, union official says

UPDATE 2-Sanofi workers in France to strike over sale of consumer health unit, union official says Adds company statement in paragraphs 8-9, analyst note in paragraph 10 PARIS, Oct 16 (Reuters) - French unions have called on workers at Sanofi SASY.PA to strike from Thursday to protest a planned sale of the pharmaceutical group's consumer health arm, adding to complications around a deal estimated at about $16 billion.
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Workers at Sanofi to strike to protest consumer health unit sale, union official says

Workers at Sanofi to strike to protest consumer health unit sale, union official says PARIS, Oct 16 (Reuters) - France's CGT and CFDT unions have called on workers at pharma company Sanofi SASY.PA to strike from Thursday to show their protest against a planned sale of a controlling stake in the firm's consumer health arm, a union official said on Wednesday.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 16 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ASML ASML.AS In a video interview on Q3 earnings, group CFO said it expects China to come in at around 20% of the Dutch semiconductor equipment maker's total revenue in 2025. CREDIT AGRICOLE CAGR.PA French bank Credit Agricole said it is planning to buy a 50% stake in Chinese company GAC Finance L
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds EDP, Fertiglobe, Opella, Credit Agricole and Frontier Communications Oct 15 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 2 000 GMT on Tuesday: * * Some of Frontier Communications' FYBR.O largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications VZ.N , with its second-largest investor planning to vote against the deal, three sources familiar with the firm's plans said
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France considering stake in Sanofi's Opella, minister says

France considering stake in Sanofi's Opella, minister says PARIS, Oct 15 (Reuters) - France is considering taking a stake in Sanofi's SASY.PA Opella arm, said finance minister Antoine Armand, to allay concerns that the French drugmaker's plans to sell a 50% stake in Opella to a U.S. private equity firm could result in job cuts. Trade unions and opposition politicians have expressed unease over Sanofi's decision to sell a controlling 50% stake in Opella - whose brands include painkiller Doliprane
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CD&R $17 bln French deal may hinge on big retreat

BREAKINGVIEWS-CD&R $17 bln French deal may hinge on big retreat The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Oct 15 (Reuters Breakingviews) - In battle sometimes the best way forward is to retreat. Clayton Dubilier & Rice may have to follow that thinking as the buyout shop tries to clinch a 15 billion euro deal for Sanofi’s SASY.PA consumer unit amid rising concerns from French politicians.
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Amgen falls as Truist downgrades to 'hold' on competition for experimental skin disease drug

BUZZ-Amgen falls as Truist downgrades to 'hold' on competition for experimental skin disease drug ** Shares of drugmaker Amgen AMGN.O fall 1% to $324.95 ** Truist Securities downgrades stock to "hold" from "buy", citing "extremely competitive" landscape for an experimental drug to treat atopic dermatitis or eczema ** Brokerage also raises PT to $33
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France seeks job guarantees from Sanofi over Doliprane painkiller production

UPDATE 1-France seeks job guarantees from Sanofi over Doliprane painkiller production Adds quotes, details, background throughout PARIS, Oct 14 (Reuters) - The French government needs guarantees from drugmaker Sanofi SASY.PA that production of its popular Doliprane painkiller will stay in France to allow the sale of its consumer health branch to go ahead, Economy Minister Antoine Armand said on Monday.
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French government seeking job guarantees from Sanofi over Doliprane production sites

French government seeking job guarantees from Sanofi over Doliprane production sites PARIS, Oct 14 (Reuters) - The French government is seeking job guarantees from drugmaker Sanofi SASY.PA regarding its Doliprane production sites in the event of a sale of its consumer health branch, Economy Minister Antoine Armand said on Monday. On Friday, Sanofi said it had entered talks to sell a controlling 50% stake in its Opella business - whose brands include Doliprane - to U.S.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: CVS, Frasers Group, Tetragon, Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: * * CVS Health CVS.N is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesperson confirmed to Reuters on Friday.
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US FDA approves Pfizer's drug for rare bleeding disorder

UPDATE 2-US FDA approves Pfizer's drug for rare bleeding disorder Adds analyst estimates in paragraph 6, trial details in paragraph 8, and other treatments in paragraph 5, 10 and 11 By Sruthi Narasimha Chari and Christy Santhosh Oct 11 (Reuters) - The U.S. Food and Drug Administration approved Pfizer's PFE.N once-a-week injection for the two main types of a rare bleeding disorder called hemophilia, the company said on Friday.
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US FDA approves Pfizer's drug for rare bleeding disorder

US FDA approves Pfizer's drug for rare bleeding disorder Oct 11 (Reuters) - The U.S. Food and Drug Administration approved Pfizer's PFE.N once-a-week injection for the two main types of a rare bleeding disorder called hemophilia, the company said on Friday. Reporting by Sruthi Narasimha Chari and Christy Santhosh in Bengaluru; Editing by Vijay Kish
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates: Nippon Steel Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Nippon Steel 5401.T said it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal MT.LU , if the top Japanese steelmaker succeeds in a buyout bid for United States Steel X.N .
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Direct lenders’ golden moment is over

RPT-BREAKINGVIEWS-Direct lenders’ golden moment is over The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford and Neil Unmack NEW YORK, Oct 10 (Reuters Breakingviews) - The downside of having a “golden moment” is that things can only get worse. That’s what direct lenders, or the core of the private-credit world that focuses on buyout debt, are finding little more than a year after Blackstone BX.N President Jon Gray pronounced a heyday f
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Wegovy maker Novo Nordisk bets big on talent, AI partnerships in India

Wegovy maker Novo Nordisk bets big on talent, AI partnerships in India Novo to double global process leaders in India in 3-4 years Novo has partnered with 10 Indian AI start-ups for various tasks India centre to mirror Denmark HQ in handling R&D data, exec says Other drugmakers ramping up operations in India as well By Rishika Sadam and Haripriya Suresh BENGALURU, Oct 11 (Reuters) - Novo Nordisk NOVOb.CO , whose global profile has risen along with demand for its Wegovy weight-loss drug, is bolst
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Sanofi SASY.PA has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical group said.
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CD&R is a "serious" investment fund, says French finance ministry

CD&R is a "serious" investment fund, says French finance ministry PARIS, Oct 11 (Reuters) - France considers that U.S. private equity firm Clayton Dubilier & Rice (CD&R) is a "serious" investment fund with a positive outlook for the global development of Sanofi's SASY.PA consumer health business Opella and Opella's plants in France, said the country's finance ministry.
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