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EU says Johnson & Johnson's deal for Takeda patch may harm competition

EU antitrust regulators have opened a full investigation into Johnson & Johnson's acquisition of Takeda Pharmaceutical's surgical patch product TachoSil, concerned that the deal could lead to reduced choice and higher prices for customers.

Telecom Italia's CEO says network solid as Elliott cuts stake

福利网站Telecom Italia's (TIM) network can cope with the surge in traffic driven by the coronavirus crisis, CEO Luigi Gubitosi was quoted as saying on Wednesday, as U.S. activist hedge fund Elliott Management cut its stake in the group.

Japan's Mitsubishi, Chubu Elec completes $4.5 billion purchase of Eneco

福利网站Japanese trading house Mitsubishi Corp and Chubu Electric Power said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24.

EU to decide on EssilorLuxottica-GrandVision deal by July 24

福利网站EU antitrust regulators have set a new deadline of July 24 to decide whether to clear Ray-Ban maker EssilorLuxottica's 7.2-billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision .

Spain approves Swiss exchange SIX's purchase of BME bourse

Spain's government has authorized a bid by Swiss exchange SIX to buy the Madrid stock market operator BME , the Spanish Economy Ministry said in statement on Tuesday.

Toyota, NTT team up on developing smart city platforms

福利网站Toyota Motor Corp and Nippon Telegraph and Telephone Corp have agreed to work together on developing smart cities and will invest 200 billion yen ($1.8 billion) in each other to cement the relationship, the two companies said on Tuesday.

Nestle continuously monitors strategic options L’Oreal stake

Food giant Nestle said in its annual report published on Tuesday it was continuously monitoring returns and strategic options for its stake in French cosmetics firm L'Oreal .

Carlyle raises $2.3 billion for its biggest Japan fund to date

Carlyle Group said it has raised 258 billion yen ($2.3 billion) for its biggest Japan fund to date, aiming to pick up businesses shed by conglomerates as well as companies where elderly owners have no obvious successors.

First Quantum eyes stake sale in Panama mine - sources

Miner First Quantum Minerals is considering selling a minority stake in its flagship Cobre Panama copper mine to reduce debt, two banking sources familiar with the discussions said.

Daily Mail publisher's acquisition of 'i' cleared by UK minister

Britain's Media Secretary Oliver Dowden on Tuesday said the Daily Mail publisher's acquisition of "i" would likely not lessen competition nor reduce the range of views in newspapers, therefore he would not to refer the deal to an in-depth probe.

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