Reuters – Sanofi-Aventis is to buy U.S. consumer healthcare group Chattem Inc for around $1.9 billion, in a deal which will give the French drugmaker over-the-counter presence in the huge United States market.
Read More Sanofi to buy US group Chattem for 19 billion
Reuters
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Reuters – Terex Corp , the world’s No. 3 maker of heavy earth-moving equipment, is to sell its mining business for $1.3 billion cash to mining equipment maker Bucyrus International Inc , the companies said on Sunday. Read More Bucyrus to buy Terex mining unit for 13 billion
Reuters
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Car production in the UK has risen for the first time in more than a year,
boosting hopes that the UK will emerge from recession in the final quarter
of 2009.
Read More UK car production rises for first time in over a year
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Gold prices are positioning to follow silver lower with the cheaper precious metal showing signs of a major bearish reversal, while crude oil prices look to the US dollar to set directio heading into the end of the trading week.
Read More Gold to Follow Silver Lower, Oil Looks to Dollar For Direction
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