ENGLAND > India’s Piramal Enterprises to acquire spasticity and pain management drugs business from Mallinckrodt for $171Mn

Pharmacovigilance-Jobs-In-Piramal-171009233200237 India based Piramal Enterprises to acquire spasticity and pain management drugs business from Mallinckrodt for Rs 1,160 crore ($171Mn). The deal consists of a clause for additional $32 million, depending on milestones met by Mallinckrodt over next three years. The portfolio of drugs acquired includes Gablofen and two pain management products, which are under development. The acquisition is expected to More …

ENGLAND > US Based Boeing to invest $24.35Mn to open first European factory in Sheffield, UK

Boeing_full_logo.svg USA based Boeing is set to invest £20Mn ($24.35Mn) in Sheffield, UK for its first European factory. The investment is expected to create 30 new jobs. The 25,000 sq. feet production facility will make actuators for Boeing which is expected to cut supply chain costs.   About Boeing The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites worldwide. The More …

ENGLAND > France’s IBA Molecular to acquire Nuclear Imaging business of Mallinckrodt for $690Mn

Mallinckrodt_logo France based IBA Molecular to acquire Nuclear Imaging business of Mallinckrodt for $690 million. The transaction is subject to customary closing conditions. With this deal more than 800 workforce’s as well as two manufacturing facilities will be in IBA Molecular’s hands from Mallinckrodt.   About IBA MolecularIBA Molecular is France based company that produces radioactive tracers used in molecular imaging More …

UK > India’s Piramal enterprises to acquire intrathecal therapy business of Mallinckrodt for around $203Mn

Pharmacovigilance-Jobs-In-Piramal-171009233200237 India based Piramal Enterprises to acquire intrathecal therapy business of Mallinckrodt for around $203 million. Piramal’s subsidiary Piramal Critical Care will control the intrathecal therapy business from Mallinckrodt after the acquisition. The deal is expected to close in the first quarter of 2017 when all the customary closing conditions are addressed. Intrathecal Therapy business of Mallinckrodt markets products for the More …

ENGLAND > Delek Group has acquired 13.18% stake in Faroe Petroleum from Dana Petroleum for $51.94Mn

delek_group Israel based Delek Group has acquired 13.18% stake in Faroe Petroleum from Dana Petroleum. The deal was possible as Dana Petroleum sold the shares it owned in Faroe Petroleum for £0.89 ($1.08) per share. Dana owned 48,055,825 ordinary shares in Faroe. So, the overall deal stands at £42.77Mn ($51.94Mn). Faroe is an oil and natural gas exploration and production company More …

ENGLAND > PE firm Onex to Acquire Parkdean Resorts for around $1.67Bn

onex_corporation-svg Canada based PE firm Onex has agreed to acquire Parkdean Resorts for £1.35bn($1.67Bn). The transaction is set to close in the first quarter of 2017. Parkdean Resorts currently sell more than 500,000 holidays and short breaks annually from their 73 holiday parks across England, Scotland and Wales employing over 6,000 staff during the peak holiday season.   About Parkdean Resorts More …

ENGLAND > AMC Theatres to Acquire Europe’s ODEON & UCI Cinemas in a $1.2B Deal

amc_theatres_logo-svg Kansas-USA based Cinema giant AMC Theatres (AMC Entertainment Holdings, Inc.) acquires London based ODEON & UCI Cinemas Group, from private equity firm Terra Firma in a transaction valued around $1.2 billion. The deal is 75 percent in cash and 25 percent in stock. In 2004 merger between ODEON and UCI Cinemas made them one the largest theater chain in Europe. With More …

ENGLAND > US based GoDaddy to buy Host Europe Group (HEG) for $1.80 billion

godaddy-svg U.S. based website domain name provider GoDaddy said it is in the process to buy Host Europe Group(HEG) for €1.69bn ($1.82 bn). The deal includes €605m ($643.39m) paid to the selling shareholders and €1.08bn ($1.15bn) in assumed net debt. HEG is currently owned by Cinven,a private equity firm based in London, which acquired the business in August 2013 for $666m. The deal More …