Johnson & Johnson to Acquire Actelion for $30 Billion With Spin-Out of New R&D Company

Johnson & Johnson (NYSE:JNJ), the world’s largest healthcare holding company, with total registered worldwide sales of $71.89bn in 2016, has unveiled its intention to acquire the Swiss drug-maker Actelion Ltd (SIX:ATLN) with a move that will cost $30bn to the US company. Johnson & Johnson Johnson & Johnson is an American multinational medical devices, pharmaceutical and consumer packagedContinue reading “Johnson & Johnson to Acquire Actelion for $30 Billion With Spin-Out of New R&D Company”

FIG Coverage – Americas

With the quarterly earnings season already passed away, Financial Services companies have demonstrated to be the real winners in these turbulent times. The majority of the big banks, with some “excellent” exceptions, have outpaced analysts’ estimates. Cost-cutting and business optimization have been the main drivers for the rump-up in profitability. Starting from Goldman Sachs, thisContinue reading “FIG Coverage – Americas”

Earthquake in German Finance – Banking Insider

The Annual General Meeting of Deutsche Bank AG, which took place on the 20th May 2015, shook up the top Management. Angry shareholders have appointed the CO-CEOs Anshu Jain and Jürgen Fitschen as the main responsible of the Bank’s underperformance. In the past years, the bank has suffered plunges in profitability largely due to the vastContinue reading “Earthquake in German Finance – Banking Insider”