Big Business

Why Puma is pulling out of Kering?
Big Business Sports

Why Puma is pulling out of Kering?

As from today, Puma, the sportswear maker will no longer be a subsidiary of Kering. Kering is a luxury fashion holding company that is known for iconic brands such as. The separation is following the approval of the transaction by Kering shareholders at the Group’s General Meeting held on April […]

Polyphor price IPO at SFR38 per share
Big Business Global

Polyphor price IPO at SFR38 per share

Swiss biopharmaceutical company, Polyphor said it has set the offer price for its shares in the initial public offering, IPO, at CHF 38 per share. Polyphor said in a statement that the shares of the Company will commence trading on SIX Swiss Exchange today. The total placement volume, including Greenshoe […]

AXA raises funds to acquire XL Group
Big Business Global

AXA raises funds to acquire XL Group

French insurance giant said it has raised about $14.9 billion for the acquisition of XL Group. AXA said the acquisition not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA Equitable. The French insurer said overall proceeds from the initial public […]

Fujifilm merges with Toyama Chemicals
Big Business Global

Fujifilm merges with Toyama Chemicals

Just as Xerox quits merger acquisition with Fujifilm, the latter has just announced a merger with Toyama Chemicals to form Fujifilm Toyama. Toyama Chemical is a company that conducts the research, development, manufacture, and sales of small molecule pharmaceutical products, and FUJIFILM RI Pharma Co., Ltd. Fujifilm said in a […]