Norway's Storebrand inks deal to buy Swedish life insurer SPP
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Oslo/Stockholm - Norwegian financial services group Storebrand said Monday it has inked a deal to buy life insurance and pensions provider SPP from Swedish banking group Handelsbanken. via Earth Times
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Consolidation in Europe's drugs   sector gathered steam on Thursday as Germany's Merck MRCG.DE   unveiled a $13.3-billion deal to buy Europe's top biotech firm   Serono SEO.VX, and Denmark's Nycomed won the drugs unit of   Altana ALTG.DE.
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Germany's MAN AG is preparing a more  attractive offer for Sweden's Scania (SCVb.ST), the Wall Street  Journal on Friday quoted MAN  Chief Executive Hakan  Samuelsson as saying.
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Private equity firm Fortress Investment Group LLC agreed to buy Stelmar Shipping Ltd. for $677 million only a few months after the oil tanker operator fended off a hostile bid from its rival OMI Corp.
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Pharmacy-benefits manager Medco Health Solutions Inc  said on Tuesday it agreed to buy PolyMedica Corp  for $1.2 billion, in a move to expand its diabetes care services.
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Software maker makes a grab for Norway's Fast Search &#38; Transfer, a leader at the high end of the business search market.
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Statoil said today that it had agreed to buy Norsk Hydro for about $28 billion in stock.
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Life insurer Resolution, which is hoping to merge with peer Friends Provident, said Thursday that it has received an informal takeover bid from rival Standard Life worth about 5.0 billion pounds.
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Microsoft Corp  has offered to buy Norwegian Internet-search software firm Fast Search & Transfer  for 19 crowns per share, valuing it at about $1.2 billion, the companies said on Tuesday.
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The Swedish government said on Thursday it had agreed to sell its 6.6-percent share in the Nordic and Baltic stock exchange operator OMX to Emirates-based Borse Dubai, and subsequently to Nasdaq.
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Microsoft offers to buy the Norwegian search software company Fast Search & Transfer for $1.2bn (Â£607m).
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Insurer Standard Life has agreed to buy rival Resolution for 4.9 billion pounds ($10.1 billion), topping a competing offer and breaking up Resolution's planned merger with Friends Provident.
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Smiths Group is to buy Medex, a US healthcare company, for $925m (Â£477m), including $300m of debt, in the biggest deal for the UK engineering conglomerate since the merger of Smiths and TI Group in 2000.
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Schering-Plough Corp. said Monday it will buy the pharmaceuticals division of Akzo Nobel NV for 11 billion euros ($14.5 billion) in cash, acquiring the Organon brand of birth control and strengthening its drug pipeline with an anti-schizophrenia medication.
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Resolution Life, the closed life assurance consolidator led by Clive Cowdery, completed its second acquisition yesterday with the Â£205m purchase of Swiss Life&#39;s closed UK business.
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Swedish engineering company Sandvik AB said Monday it would buy a subsidiary of Federal Signal Corp.
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The deal, which must be approved by regulators, will make the German group the number one generics company in Scandinavia, a growing market worth about 600m last year, according to Merck.