Swiss firm Sika to acquire France's Parex for $2.5B

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Source: Dukascopy Bank SA
Swiss chemicals firm Sika AG agreed to acquire its French rival Parex for about $2.55B, in its largest acquisition deal, as the company seeks to accelerate consolidation in the market of building materials.
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Tue, 08 Jan 2019 08:38:52 GMT

Maurel & Prom plans $400M investment into Venezuela oil venture

France's Maurel & Prom is planning to invest $400M to purchase a 40% stake in the Venezuelan oil venture Petroregional del Lago, according to the President Manuel Quevedo.

Tue, 08 Jan 2019 05:47:25 GMT

Lilly invests billions in cancer drugs

Eli Lilly announced on Monday that the company will acquire Loxo Oncology for eight billion US Dollars. The company to be acquired concentrates on researching new cancer drugs.

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