Deals of the day- Mergers and acquisitions

lunes 7 de marzo de 2016 10:31 GYT
 

(Adds T-Mobile, AbbVie, Intercontinental Hotels and others)

March 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:

** T-Mobile US said it could issue $2 billion in senior notes and sell them to its 65-percent shareholder Deutsche Telekom, giving a potential boost to its financial firepower ahead of an auction of low-frequency airwaves.

** Belgian chemicals group Tessenderlo said on Monday it had canceled a merger with its largest shareholder, industrial company Picanol Group, following pressure from other shareholders.

** U.S. drugmaker AbbVie has acquired marketing rights to a promising experimental psoriasis treatment from Germany's Boehringer Ingelheim for an initial upfront payment of $595 million. The deal covers the compound BI655066, which is being tested on humans in the third and last phase required for regulatory approval.

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