Nasdaq is abandoning its 797 million pound ($1.58 billion) stake in the London Stock Exchange, five months after its takeover bid failed, as it focuses on buying Nordic exchange operator OMX. Nasdaq Stock Market Inc, which needs overseas acquisitions to gain an international foothold, is locked in a $4 billion bidding war with Borse Dubai for OMX.
Like many central bankers, Eyjolfur Gudmundsson spends his days fretting about inflation, making sure monetary growth is reasonable and trying to collect data about the economy.
Mylan Laboratories Inc. (NYSE: MYL) won over rival bids to agree to buy Merck KGaA’s (NYSE: MRK) generic drug division on Sunday for 4.9 billion euros in cash ($6.7 billion).
Sarah Kugelman once suffered so much work-related stress that her doctor told her to change her lifestyle or risk dying before the age of 40.
Confectionery to DVDs retailer Woolworths Group Plc could be broken up under a takeover plan devised by Icelandic investor Baugur
