A huge exit on Israeli biomed: Gilead buys Kite Pharma for $11.9 billion in Cash
Gilead Sciences agreed on Monday to buy Kite Pharma for $11.9 billion in an all-cash deal. This acquisition is one of the biggest ever of a company whose products have not yet approved for marketing. Gilead More...
NYSE Resumes Trading on Two Markets After Hours-Long Halt
Shares started trading on the New York Stock Exchange, the biggest of the company’s platforms, and NYSE MKT, the third-largest, after 3 p.m. New York time, data compiled by Bloomberg showed. More...
Three Way Takeover Battle: Teva’s Mylan stake up to 4.3%
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) continues to accumulate shares in takeover target Mylan (MYL), even as Mylan’s largest shareholder, Abbott Labs (NYSE: ABT), announced More...
EndoChoice raises $96 million in NYSE IPO
US-Israeli medical equipment company EndoChoice Holdings Inc.(NYSE:GI) last Friday raised $96 million on the New York Stock Exchange at a company value of $366 million, after money. The offering was priced More...
Perrigo rejects Mylan’s $29 billion takeover bid
The board of directors of Perrigo Company (NYSE:PRGO; TASE:PRGO) has unanimously rejected the offer by Mylan NV to buy all its shares for $29 billion. Two weeks after receiving the offer, the pharmaceutical More...
Bill Ackman: Now is a better time than ever to short Herbalife’s stock
More than two years, Bill Ackman has been publicly campaigned against Herbalife, balming the company for being a multi-level marketer that sells weight loss shakes. Ackman believes Herbalife targets poor More...
Mylan Makes $29 Billion Bid for Perrigo
Generic-drug maker Mylan (NASDAQ:MYL) on Wednesday said was bidding $205 a share in cash and stock for Perrigo (NYSE:PRGO). Perrigo Company plc is an Irish international manufacturer of private label over-the-counter More...
MobilEye Hopes to Be Worth More Than $2.7 Billion After Its IPO
– Israel’s MobilEye is gearing up for its IPO in New York. – Israeli company MobilEye, which develops a collision warning system for automobiles, anticipates that it will have More...
Larry Ellison reported to be on the brink of acquiring Micros Systems for Oracle
– Ellison, is reportedly ready to pay around $5 billion for the Columbia, Maryland based software developer. – – Larry Ellison, founder and CEO of business software giant Oracle More...
Jeremy Stoppelman chooses Dublin for Yelp
– Stoppelman, co-founder and CEO of online city guide Yelp, intends to increase his foothold in Europe, with the launching pad to be based in Dublin, Southern Ireland. – – Jeremy More...