Novartis plans to spin off Alcon, buy back $5.0B in shares

Source: Dukascopy Bank SA
Novartis announced its plan on Friday to spin off its Alcon eye-care devices unit and to buy back abut $5.0B in shares, as the company targets to expand in prescription drugs area.
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Fri, 29 Jun 2018 06:50:24 GMT

Japan's Orix acquires American Peak Utility Services

According to the Nikkei newspaper, Orix Corp, the Japanese financial services company, has acquired the US-based infrastructure maintenance provider Peak Utility Services for an amount that was not disclosed.

Fri, 29 Jun 2018 06:36:59 GMT

Xiaomi price IPO in Hong Kong at its range bottom, lifts $4.72B

China's Xiaomi has priced its initial public offering in Hong Kong at the lowest level of the planned range, raising $4.72B in four years, sources familiar with the issue reported on Friday.

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