acquisitions

GSK Acquires Tesaro in a USD 5.1 Billion Deal

GSK Acquires Tesaro in a USD 5.1 Billion Deal

GlaxoSmithKline (NYSE: GSK) announced on Monday that it will acquire Tesaro (NASDAQ: TSRO) for USD 5.1 Billion.This marks the first big acquisition since Hal Barron, a pharma veteran and experienced scientist took on the role of chief scientific off..

A Gold Mining Behemoth Formed with Barrick Purchasing Rangold

A Gold Mining Behemoth Formed with Barrick Purchasing Rangold

Canada’s Barrick Gold Corporation (NYSE: ABX) has agreed to buy Randgold Resources Ltd. (NASDAQ: GOLD) for an estimated USD 5.4 Billion.This purchase is the biggest gold deal of the last three years, but this deal doesn’t come without it..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..