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Fosun agrees to buy KKR-backed Gland Pharma for $1.4 billion, source says
Reuters

Fosun agrees to buy KKR-backed Gland Pharma for $1.4 billion, ...

HONG KONG (Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy Gland Pharma - backed by KKR & Co LP - for about $1.4 billion, a person with direct knowledge of the matter said, in India's largest inbound acquisition this Business Standard, 1 hour ago

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WKRB News, 2 hours ago
SleekMoney, 17 minutes ago
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Ticker Report, 4 hours ago
American Banking News - Earnings, 6 hours ago
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American Banking News - Forex, 8 hours ago
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Deccan Chronicle, 9 hours ago
Tech2

Samsung Electronics posts highest profit since 2014, ships 30 million more phones than Apple

South Korean tech giant Samsung Electronics Co Ltd said on Thursday it expects solid earnings to continue in the second half of 2016 The post Samsung Electronics posts highest profit since 2014, ships 30 million more phones than Apple appeared first on Tech2 .
 Tech26 minutes ago Samsung Electronics tips 'solid' second-quarter profit on components pickup  Reuters4 hours ago
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First Post.com

India signs contract with Boeing for four maritime spy planes

India signed a contract on Wednesday to buy four maritime spy planes from Boeing Co for about $1 billion, defence and industry sources said, aiming to bolster the navy as it tries to check China's presence in the Indian Ocean. The post India signs contract ...
 First Post.com16 hours ago India orders four spy planes from Boeing  Money Today17 hours ago Government places $ 1-billion order for spy planes from Boeing  Sify17 hours ago India orders 4 more maritime spy planes from Boeing worth $1 bln  Sify18 hours ago
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Virar train gang beats up short-distance passenger

An engineering student with asthma was beaten up in the ladies compartment of a Virar-Churchgate local by four co-passengers who objected to her ‘short’ journey till Vasai. While bullying on local tra...
 The Hindu5 hours ago
The Hindu

Will defend our rights on Mahanadi, vows Patnaik

'The Chhattisgarh CM's statement violated "the cardinal doctrine of inter-State river water sharing between co-basin States and our federal governance". Even as Opposition parties continued to blame Chief Minister Naveen Patnaik for raising the Mahanadi water ...
 The Hindu9 hours ago Mahanadi river issue: Chhattisgarh CM Raman Singh's statements 'unfortunate', says Odisha CM Patnaik  DNA17 hours ago

Pokemon Go craze befuddles analysts

Pokemon Go's stunning surge in popularity is leaving few more befuddled than the analysts who cover Nintendo Co. for the world's biggest investment banks
 Business Standard11 hours ago

Coca-Cola's revenue misses on weak China, LatAm markets

REUTERS - Coca-Cola Co reported lower-than-expected quarterly revenue due to weakness in China and certain Latin American economies, and the company warned of no improvement in those markets for the rest of the year.
 Business Standard13 hours ago Coke's sales fall short of expectations on flat volume  Asian Age15 hours ago
Sify

Boeing posts 2nd-quarter loss, cushioned by defense profit

By Alwyn Scott NEW YORK (Reuters) - Boeing Co on Wednesday reported its first quarterly loss in nearly seven years, hit by charges related to the 787, 747 and KC-46 tanker aircraft programs. The world's largest jetliner maker reported a net loss of $234 ...
 Sify16 hours ago Boeing reports first quarterly loss in nearly 7 years  Asian Age15 hours ago CORRECTED - Boeing posts 2nd-quarter loss, cushioned by defense profit  Sify15 hours ago
Money Control

Japanese firm invests $101 mn in Columbia hospital

Japanese trading firm Mitsui & Co invested $101 million (Rs 679 crore) in the city-based corporate hospital Columbia Asia, its US-based healthcare promoter announced on Wednesday."We will use Mitsui investment to expand our hospital network across Asia, fund ...
 Prokerala16 hours ago Columbia Asia receives USD 101-mn funding from Mitsui Co  Money Control19 hours ago Skrilo raises USD 1.5 mn in seed funding  Business Standard5 days ago
Money Today

China's Fosun to enter into $1.4 billion acquisition deal with Gland Pharma

Shanghai Fosun had made a non-binding proposal to buy Gland Pharma, which is backed by KKR & Co The post China’s Fosun to enter into $1.4 billion acquisition deal with Gland Pharma appeared first on Firstpost .
 First Post.com21 hours ago China's Fosun to ink deal for $1.4 billion Gland Pharma buy  Money Today20 hours ago
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