The Independent

Saturday, November 21 2009

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Bristol-Myers Squibb Company

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Elan chief executive Kelly Martin has been under pressure by investors in recent years to maximise shareholder value from its operations

Elan valued at $5.4bn as J&J buys 18.4pc stake

Friday July 03 2009

The investment of $1bn in drugmaker Elan by US giant Johnson & Johnson (J&J) for an 18.4pc stake in the company values the Irish firm at about $5.4bn.

Elan hopes dissident board members will strengthen company

Saturday June 13 2009

Drugmaker Elan has nominated two dissidents to its 15-member board, including a major shareholder who has called for the ouster of the Irish drugmaker's chief executive.

Elan closer to finding a strategic partner

Friday June 12 2009

Drugmaker Elan, which is seeking to sell a stake in itself, is nearing the end of its strategic review and expects to reach an agreement within the next year, chief executive Officer Kelly Martin said.

Pfizer is linked to bid for Elan

Sunday June 07 2009

PFIZER is the latest major drug company to be linked with a bid for Elan, the €2.7bn-valued firm led by Kelly Martin (above).

Shares rise on takeover rumours

Friday June 05 2009

Irish shares rose for the fourth session in a row yesterday as takeover speculation swirled around Elan and Dragon Oil.

Drugs firm denies talks about deal with Elan

Tuesday June 02 2009

Bristol-Myers Squibb is not in talks to buy a stake in Irish drug maker Elan Corporation, analysts at UBS said yesterday.

US job losses help push price of crude down to $39

Friday December 19 2008

Oil continued its downward march yesterday as mass layoffs pushed the US economy deeper into recession, signalling a drastic pullback on energy spending.

In brief: Lufthansa / TUI merger talks fail

Thursday October 23 2008

Talks between Europe's second-largest airline, Lufthansa, and TUI about a possible merger of their low-cost units have failed.

In brief: H&M posts 2pc fall in retail sales

Thursday October 16 2008

Swedish fashion retailer H&M, which has seven stores in Ireland, posted a 2pc year-on-year fall in sales last month.

Bristol-Myers bid for ImClone raised

Wednesday September 24 2008

TAKEOVERS

In brief: New position for Dynamics' Kelly

Tuesday August 05 2008

Financial Dynamics executive Declan Kelly has been appointed executive vice president and chief integration officer at FTI Consulting, the US business advisory firm. In his new position, he will take responsibility for the global integration of FTI's existing businesses and acquisitions.