China Grand Enterprise raises interest in UK Sinclair Pharma

Source: Dukascopy Bank SA
On Thursday, Britain's Sinclair Pharma stated it had received takeover interest from the privately-held China Grand Enterprise and its subsidiary Huadong Medicine, boosting its shares up by nearly 30%.
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Fri, 06 Jul 2018 15:27:59 GMT

Generali to attract about €1.9B in German subsidiary sale

Italy's Generali agreed on selling its 89.9% majority stake in Generali Leben, the company's life insurance unit in Germany to the private equity firm Viridium for about €1.9B.

Fri, 06 Jul 2018 14:34:37 GMT

Sonos files for initial public offering on Friday

The wireless speaker maker Sonos has filed for the initial public offering this Friday; a decision made amid a rising popularity of the streaming music on the connected audio systems via smartphone apps.

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