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ConocoPhillips hits snag in Senegal deepwater stake sale to Woodside

August 23, 2016

ConocoPhillips’ plan to sell its stake in an oil find off Senegal to Woodside Petroleum hit a speed-bump on Tuesday as a junior partner attempted to buy time to pre-empt the deal at the same time it announced an increase in the size of the..

Albemarle acquires lithium salts production assets in Asia

August 23, 2016

Albemarle Corporation, a leader in the global specialty chemicals industry, announced today that it has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by Jiangxi Jiangli New Materials Science and Technology Co. Ltd….

AZ, Roche and Pfizer push emerging markets growth in Q2

August 23, 2016

Big Pharma’s emerging markets sales growth plunged to a new low last quarter. But within the group’s overall average, some companies–such as AstraZeneca and Pfizer–chalked up decent gains. As Bernstein analysts pointed out in a Tuesday report on second-quarter trends, multinational pharmas put up only..

All bets are on for biotech deals after $14B Medivation bonanza

August 23, 2016

As the dust settles on the eye-watering $14 billion buyout from Pfizer for the one-marketed-drug biotech Medivation, other mid-cap companies are now sitting pretty and increasingly hopeful they will see suitors lining up to also bet big on biotech. Everyone knew that Medivation would be..