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Israel Chemicals Ltd. or ICL (ICL) Friday offered to acquire the 84 percent of Allana Potash Corp. (AAA.TO) it does not already own for C$0.50 per share or a total of about C$137 million. ICL currently holds 16.36 percent of Allana's shares which it acquired in 2014. The offer is supported by Allana's...

Electrolux (0MDT.L, 0GQ1.L, ELUXY.PK) Friday said Ronnie Leten was re-elected as Chairman of the Board, at the Annual General Meeting held on March 26. At the statutory Board meeting that followed the AGM, Torben Ballegaard Sørensen was re-elected Deputy Chairman of the Board. Lorna Davis, Petra...

Antofagasta Plc. (ANFGY.PK, ANTO.L) Friday said operations in Centinela, Antucoya and Michilla mines have been suspended due to heavy rains in the Atacama Desert in the north of Chile. Operations were suspended, primarily for the safety of employees and others who work at the mines, although some...

Sanne Group plc., a provider of outsourced corporate and fund administration services to alternative asset managers, financial institutions and corporates, announced the successful pricing of its initial public offering and the placing of 70.78 million ordinary shares at 200 pence per ordinary share...

Galapagos NV (GLPGF.PK, GLPYY.PK), a clinical stage biotechnology company, Friday reported a share capital increase arising from warrant exercises. Board members invest 2.1 million euros in Galapagos by exercising warrants. Since its inception in 1999, Galapagos has used warrant plans to incentivize...

Financial services company BHF Kleinwort Benson Friday said full-year profit stood at 71.6 million euros, compared to a loss of 66.4 million euros in the previous year. Operating income for the year climbed to 283.5 million euros from 105.5 million euros in the prior year. Looking ahead, the company...

Chevron Corp. (CVX) announced that its subsidiary Chevron Global Energy Inc. has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Limited. The company said these shares are expected to be sold to a broad range of Australian and global equity market...

American Apparel Inc.'s (APP) founder Dov Charney, who was ousted as its Chief Executive Officer last year, is seeking $40 million in damages owing to the termination, Bloomberg reported. It was in December 2014 that the Los Angeles, California-based retailer terminated Dov Charney, and appointed...

Google Inc. (GOOGL, GOOG) Thursday said in a regulatory filing that its newly appointed finance chief and Senior Vice President Ruth Porat would receive around $70 million in pay package. Porat's appointment is effective, May 26. Her base salary will be $650,000, and she will get a special one-time...

Hewlett-Packard Co. (HPQ) is nearing a deal to sell control of its data-networking business in China to Tsinghua Unigroup Ltd, the Wall Street Journal reported citing people familiar with the matter. Tsinghua Unigroup has emerged as the preferred bidder in an auction of 51% of the business, H3C Technologies...

Danish drug company Novo Nordisk (NVO) said that it has decided to submit the prespecified interim analysis of DEVOTE as part of a Class II Resubmission of the New Drug Applications (NDAs) of Tresiba and Ryzodeg to the US Food and Drug Administration or FDA. The resubmission is expected to take place within the next month.

MorphoSys AG (MPSYY.PK) announced that it has regained rights to MOR202 from Celgene Corp. (CELG). The companies have mutually agreed to terminate their co-development and co-promotion agreement for MOR202. Clinical development of MOR202, which currently involves a MorphoSys-sponsored phase 1/2a trial...

Yahoo! Inc. (YHOO) disclosed in a regulatory filing that its board approved an additional share repurchase program of $2.0 billion which will expire on March 31, 2018. The amount of shares of common stock authorized to be repurchased under the New Repurchase Program is in addition to the amount remaining...

Carnival Corporation & plc (CUK, CCL, CCL.L) said it signed two strategic memorandums of agreement that will add a total of nine new cruise ships to its fleet over a four-year period from 2019 - 2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are...

BlackRock, Inc. (BLK) and First Reserve reached a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos or "PEMEX", to acquire approximately forty-five percent equity interest in two natural gas pipelines, Los Ramones Phase II North and Los Ramones Phase II South. Upon...

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