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Biogen (BIIB) and Applied Genetic Technologies Corp. (AGTC) announced a collaboration and license agreement to develop gene-based therapies for multiple ophthalmic diseases. The lead development programs in the collaboration include a clinical candidate for X-linked Retinoschisis (XLRS) and a pre-clinical...

Bombardier Commercial Aircraft announced that SpiceJet of India, Polland's LOT Polish Airlines and Abu Dhabi-based Falcon Aviation Services have signed agreements to enroll in Bombardier's Smart Parts after-market support program to provide value-added dispatch availability and cost predictability for...

SunEdison Inc. (SUNE) announced that it has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy or GME. SunEdison said it will acquire a 70 percent interest in GME from Actis, a global pan-emerging market private equity investor focused on the energy sector, and a 30...

Technology giant International Business Machines Corp. (IBM) said it has signed a five-year IT services deal with Citizens Bank, N.A., a wholly-owned banking subsidiary of Citizens Financial Group, Inc. (CFG), to transition its back-end technology infrastructure to a managed services environment. Faced...

Tokio Marine Holdings, Inc. or TMHD and HCC Insurance Holdings, Inc. (HCC) announced that they have entered into a definitive agreement under which TMHD will acquire all outstanding shares of HCC for $78.00 in cash per share, through TMHD's wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance...

Panasonic Healthcare Holdings, Co., Ltd. Or PHCHD announced a groundbreaking agreement with Bayer Aktiengesellschaft under which PHCHD and Bayer Diabetes Care or BDC will partner to create a truly global diabetes care solutions business. The combined companies will be better equipped to respond to customers'...

The Japanese yen strengthened against the other major currencies in the Asian session on Monday amid rising aversion, as upbeat U.S. jobs data released on Friday raised concerns about the outlook for U.S. interest rates. Data from the Labor Department showed Friday that the non-farm payroll employment...

Tire manufacturer Goodyear Tire & Rubber Company (GT) announced that it has reached an agreement with Sumitomo Rubber Industries, Ltd. or SRI to dissolve the global alliance between the two companies. The global alliance was formed in 1999 and it primarily consists of four joint venture operating...

SoftBank Corp. (SFTBF.PK) and Coupang announced a definitive agreement under which a subsidiary of SoftBank will invest $1 billion in Coupang. The investment is expected to close at the beginning of July, 2015 and will bring the total amount of funding raised by Coupang over the past year to nearly...

Comcast (CMCSA, CMCSK) and Level 3 Communications (LVLT) announced they have reached a new multi-year, bilateral interconnection agreement as part of a multifaceted arrangement that will help both companies meet their customers' needs into the next decade and beyond. According to both the companies,...

The Boards of Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) and BG Group (BG.L, BRGYY.PK) announced they have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG. Under the terms, BG Shareholders will be entitled...

Cellcom Israel Ltd. (CEL) has entered a collective employment agreement with its employees' representatives and the Histadrut for a term of 3 years from 2015 to 2017. The deal applies to the company's and 013 Netvision Ltd.'s, the company's indirect wholly owned subsidiary, employees, excluding certain...

Anixter International Inc. (AXE) has agreed to sell its OEM Supply - Fasteners segment to American Industrial Partners or AIP for $380 million in cash, subject to certain post-closing adjustments. The transaction, which was approved by Anixter's board, is likely to close in the second quarter of 2015....

The Manitowoc Company, Inc. (MTW) announced it has reached an agreement with Carl C. Icahn pursuant to which the Manitowoc Board has committed to certain corporate governance provisions for Manitowoc and for the Foodservice entity. The company noted that the agreement with Carl Icahn also provides for,...

Tahoe Resources Inc. (THO.TO, TAHO) and Rio Alto Mining Ltd. (RIO.TO, RIOM) have agreed to combine their respective businesses and create a new, leading intermediate precious metals producer with several value-enhancing growth opportunities. The combined company offers shareholders significant low...

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