US-based Medtronic has reportedly inked a deal with Ireland-based Covidien, a move that will lead to Medtronic to move its medical device manufacturing operations overseas.
Reports say Medtronic will acquire Covidien for $42.9 billion and move its executive base to Ireland. It’s part of a strategy by the US firm to …read more
Italian bank Mediobanca has announced plans to exit investment vehicle Telco, the holding company that owns a 22.4 percent stake in Telecom Italia, reports say.
Mediobanca released a statement Monday to announce that it has “exercised its right to request the demerger of Telco permitted under the terms of the shareholder …read more
Former Baseball Hall of Famer and seven-term congressman Jim Bunning is speaking out the recent sale of the Chicago Cubs team as one that exemplifies the harm of baseball’s continued antitrust exemption, according to reports.
Bunning, who served two terms as a senator, lead multiple challenges to the century-old antitrust exemption …read more
Danish pharmaceutical conglomerate Novo Nordisk is breaking the trend of recent consolidation in the world’s pharmaceutical industry, reports say, as the company instead is focusing on expanding its research and development staff.
According to reports, the firm holds a dominant market position in the diabetes treatment industry and has cash to …read more