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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

November 25, 2016 by · Leave a Comment 

(Reuters) – U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion Ltd about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter. The report said that deliberations are still at an early stage following Johnson & Johnson's initial offer, and Actelion is working with an adviser to explore options. Johnson & Johnson Chief Executive Alex Gorsky said earlier this year that the company

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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

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Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

September 8, 2016 by · Leave a Comment 

Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative divisions, Bloomberg said, adding that the combined company has 140,000 employees. “As is common with deals of this size, there will be some overlaps we will need to manage and where some employee reduction will occur,” Dell spokesman Dave Farmer said.

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Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

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Honeywell, United Technologies held merger talks: CNBC

February 22, 2016 by · Leave a Comment 

(Reuters) – Aerospace component suppliers Honeywell International Inc and United Technologies Corp have held talks about a merger, CNBC reported on Monday, citing people familiar with the situation. United Tech's shares, part of the Dow Jones industrial average , jumped 6.6 percent to $93.90 in afternoon trading, while Honeywell's dipped 1.2 percent after earlier rising to…

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Honeywell, United Technologies held merger talks: CNBC