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Total (TTA.L,TOT) said that it entered into a partnership with Borealis and Nova to form a joint venture with the aim of building an ethane steam cracker and a new Borstar® polyethylene unit on the US Gulf Coast. Total is expected to hold a 50% interest in the new joint venture. The joint venture...

DST Systems Inc. (DST) said that it agreed to acquire State Street Corp.'s (STT) ownership interest in the Boston Financial Data Services, Inc. or "BFDS" joint venture and the International Financial Data Services Limited or "IFDS U.K." joint venture in the UK. BFDS provides innovative shareholder...

VIVUS, Inc. ( VVUS) announced Monday that it reached an agreement with French drug major Sanofi (SNY) to return the commercial rights for STENDRA in Africa, the Middle East, Turkey and the Commonwealth of Independent States, including Russia, to VIVUS. In pre-market activity on Nasdaq, VIVUS shares...

Synergy Pharmaceuticals Inc. (SGYP) announced Monday that the company has submitted a supplemental New Drug Application or sNDA for TRULANCE (plecanatide) for the treatment of adults with irritable bowel syndrome with constipation or IBS-C. The company said the application is based on data from two...

Delcath Systems Inc. (DCTH) said that it has reached a Special Protocol Assessment (SPA) agreement with the U.S. Food and Drug Administration (FDA) for the design of Delcath's pivotal trial of Melphalan Hydrochloride for Injection for use with the Delcath Hepatic Delivery System (Melphalan/HDS) to treat...

Allergan plc (AGN) and Paratek Pharmaceuticals Inc. (PRTK) announced that two Phase 3 trials of sarecycline for the treatment of moderate to severe acne met their 12 week primary efficacy endpoints. Sarecycline is a once-daily, oral, narrow spectrum tetracycline-derived antibiotic with anti-inflammatory...

Sealed Air Corp. (SEE) said Monday that it agreed to sell its Diversey Care division and the food hygiene and cleaning business within its Food Care division or "New Diversey" to Bain Capital Private Equity, a leading global private investment firm, for about $3.2 billion. New Diversey will be a hygiene...

Suncor Energy Inc. (SU.TO, SU) provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. The company said preliminary investigation indicated that the cause of the incident was a loss of containment on a line near one of the naphtha hydrotreating units. Damage...

DuPont (DD) announced Monday that the European Commission has granted conditional regulatory clearance in Europe of the company's proposed merger of equals with The Dow Chemical Co. (DOW). The regulatory milestone is a significant step toward closing the merger transaction, with the intention to subsequently...

Alexion Pharmaceuticals, Inc. (ALXN) said that it appointed Ludwig Hantson as Chief Executive Officer and member of the Board of Directors, effective immediately. Hantson most recently served as President and CEO of Baxalta, a successful spin-off as a public company from Baxter. He succeeds David...

Software AG (STWRY.PK) announced Monday the acquisition of Cumulocity GmbH, based in Dusseldorf, Germany. Financial details of the transaction were not disclosed. Cumulocity develops innovative solutions for the Internet of Things or IoT offering connectivity for networked digital devices and sensors...

Dr. Reddy's Laboratories Limited (RDY) and Integra LifeSciences Holdings Corp. (IART), a global medical technology company, announced an exclusive distribution agreement, under which Dr. Reddy's will market and distribute DuraGen Plus and Suturable DuraGen Dural Regeneration Matrices in India. Integra's...

Pfizer Inc. (PFE) announced Monday that the European Commission or EC has approved XELJANZ in combination with Methotrexate for moderate to severe active rheumatoid arthritis. XELJANZ (tofacitinib citrate) 5 mg twice daily (BID) oral tablets in combination with methotrexate or MTX is approved for...

Retailer Macy's, Inc. (M) announced Monday an agreement with G-III Apparel Group, Ltd., a manufacturer of apparel and accessories under licensed brands, owned brands and private label brands. Under the deal, Macy's will serve as the exclusive U.S. department store for sales of DKNY women's apparel and...

BT Group plc (BT_A.L, BT) on Monday acknowledged the findings of Ofcom's investigation into the historical use of 'Deemed Consent' by its Openreach business. The company said Openreach has agreed to compensate Communications Providers outside of BT in full and Ofcom has imposed a fine of 42 million...

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