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Switzerland: Nestle pays $1.4B to boost skincare portfolio (Competition Policy International)

by 21st Century Competition | May 28, 2014 | Global Blogs

Swiss food conglomerate Nestle is reportedly expanding its skincare portfolio after acquiring various injectable treatment patents in a $1.4 billion deal. Reports say Nestle acquired the rights for various wrinkle treatments from Valeant Pharmaceuticals. While the...

Japan: More bad luck for former top M&A advisor Nomura (Competition Policy International)

by 21st Century Competition | May 28, 2014 | Global Blogs

Once at the top of its game, advisor Nomura Holdings is now facing one of its biggest slumps as the merger deal that was supposed to be its largest of the year suddenly imploded. According to reports, Nomura, Japan’s largest securities firm, is set to have its...

US/Canada: Botox maker receives sweetened takeover bid (Competition Policy International)

by 21st Century Competition | May 28, 2014 | Global Blogs

Valeant Pharmaceuticals has reportedly upped its unsolicited offer to acquire the maker of Botox. Reports say Valeant increased its bid to $49.4 billion to acquire Canada-based Allergan in hopes of swaying approval from the firm and its shareholders. The original...

Italy: Health regs want $2B from pharma giants’ repeated antitrust violations (Competition Policy International)

by 21st Century Competition | May 28, 2014 | Global Blogs

Italy’s health regulator is reportedly seeking damages worth nearly$2 billion from three of the world’s largest pharmaceutical firms for their repeated antitrust violations and subsequent harm on the nation’s health industry. According to reports,...

EU: Why Facebook wants EC to probe WhatsApp buy (Competition Policy International)

by 21st Century Competition | May 28, 2014 | Global Blogs

Facebook has reportedly requested a full investigation into its proposed acquisition of messaging application WhatsApp by the European Commission, according to reports. The social media giant wants the Commission to review the $19 billion merger in hopes of bypassing...
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