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Sartorius Stedim Biotech SA (SDMHF), a supplier for the pharma and biotech industries, Thursday said it acquired Germany -based Cellca GmbH last Wednesday. Cellca, founded in 2005, has around 30 employees and generated sales revenue of approximately 6 million euros in 2014. Cellca's major customers...

Technology outsourcing and consultancy company Accenture Plc. (ACN) announced a five-year contract extension with German lender Deutsche Bank AG (DB) to continue to provide procurement business process outsourcing (BPO) services globally to the bank. The extended agreement is designed to reduce operational...

ViiV Healthcare and Desano Pharmaceuticals announced a strategic manufacturing agreement to enable production in China of dolutegravir. Dolutegravir is an integrase strand transfer inhibitor for use in combination with other antiretroviral agents for the treatment of HIV. Based in Shanghai, Desano...

Frontline Ltd. (FRO, FRO.L) announced the company and Frontline 2012 Ltd. have entered into an agreement and plan of merger, with Frontline as the surviving legal entity and Frontline 2012 as a wholly-owned subsidiary. The combined company will retain the Frontline Ltd. name. Shareholders in Frontline...

Irish low-cost airline Ryanair Holdings plc. (RYA.L, RYAAY) announced that traffic for the month of June 2015 increased 14 percent to 9.5 million customers from 8.3 million customers in the same month of prior year. Load factor for the monthly also improved 5 percentage points to 93 percent from last...

Swedish biometric technology company Fingerprint Cards AB (FGRPF) announced it received a 268 million Swedish Krona or $32 million, order for its touch fingerprint sensors FPC1025, FPC1035, FPC1145 and FPC1155 from the distributor World Peace Industrial Group, part of Taiwan-based semiconductor distributor...

SunEdison Inc. (SUNE) and Gamesa announced that they have signed a Memorandum of Understanding to create a joint venture to develop up to 1 gigawatt (GW) of wind energy power plants globally by 2018. SunEdison and Gamesa will each own a 50 percent stake in the joint venture. As per the terms of the...

Scripps Networks Interactive Inc. (SNI) has closed on its agreement to acquire a 52.7 percent interest in Poland's multi-platform media company, TVN, from ITI and Canal+ Group for an all-cash consideration of 584 million euros. Scripps Networks will also assume 856 million euros of debt. Under Polish...

Norwegian shipping company Stolt-Nielsen Ltd. (SOIEF.OB, SNSAY.PK) reported that second-quarter net profit attributable to shareholders grew to $42.5 million or $0.76 per share from $30.8 million or $0.53 per share in the prior-year quarter. Operating profit in the quarter increased to $71.3 million...

Sanofi (SNYNF, SNY) Thursday said it has signed an agreement with French utility company Suez Environnement S.A. (SZEVF.PK, SZEVY.PK). The deal is aimed at optimizing the economic and environmental performance of Sanofi's manufacturing sites, in France and abroad, over a three-year period with the possibility...

Ambac Financial Group, Inc. (AMBC) commented on recent concerns and events in Puerto Rico. Responding to recent comments from Puerto Rico officials, Nader Tavakoli, Interim President and Chief Executive Officer, said that the company continues to believe the Commonwealth is far better served by meeting...

Japanese mobile network operator NTT Docomo, Inc. (DCM) has selected Dutch digital security firm Gemalto NV (GTOMY, GTOFF) to enable connectivity for Internet of Things (IoT) applications. Gemalto's Cinterion Machine Identification Module (MIM) complies with the most stringent industry standards and...

Korean steel producer POSCO (PIDD.L, PKX ) has signed a Share Purchase Agreement or SPA with the Public Investment Fund or PIF of Saudi Arabia for sale of POSCO E&C shares. The transaction brings in 1.24 trillion Korean won of foreign investment into Korea. On June 15, POSCO Chairman Kwon Oh-joon...

The U.S. Department of Justice said Wednesday that it has filed a civil antitrust lawsuit to block the $3.3 billion acquisition of General Electric Co.'s (GE) appliance business by Swedish home appliances company Electrolux AB (0MDT.L, ELUXY, ELUXF) and its subsidiary, Electrolux North America Inc. ...

Loblaw Companies Limited (L.TO) Thursday said it would continue to operate all nine stores affected by labor disruptions in Windsor, Leamington, Chatham, Kingsville and Sarnia. The nine stores, including five Real Canadian Superstores and four Zehrs Markets, will remain open with some modification...

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