Fine and specialty chemicals group Syrgis (Cincinnati, OH) says 2009 was a "good" year financially with sales growth in 2009 set to continue in 2010. A key element in the group’s success during the past year has been its focus on...
Abbott Laboratories (Abbott Park, IL) says it has entered into a definitive agreement with biotechnology company Facet Biotech (Redwood City, CA), to acquire Facet Biotech for $27/share in cash, for a total transaction value of about $450 million. The...
Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...
Airgas will issue $300 million in new senior debt in a public offering, the company announced today. The will carry an interest rate of 2.85% and come due in 2013. It will go towards paying down the company's current revolving credit facility, which expires...
Ferro director Michael F. Mee resigned from the company's board following the company's February 26 board meeting, raising several concerns regarding the company's performance and governance, according to an SEC filing....
Unilever and biotech start-up Solazyme (South San Francisco, CA) say they have extended a collaboration to develop cost effective oils for personal care products derived from algae. The agreement follows the culmination of a year-long collaboration between...
Sanofi-Aventis (Paris) and Merck & Co., have announced that Sanofi-Aventis has exercised its option to combine its Merial unit with Intervet/Schering-Plough (Boxmeer, the Netherlands), Merck's animal health business, to create a global leader in animal...
Bayer MaterialScience (BMS) has acquired Artificial Muscle Inc., (AMI; Sunnyvale, CA), a leader in the field of electroactive polymers for the consumer electronics industry. Financial details were not disclosed. AMI polymers are used in the development...
The site's research will focus on breeding higher-yielding corn hybrids with greater resistance to disease and other stresses prevalent in the south....