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Feb 8, 2011

Crucell CEO must deliver pipeline after J&J deal

AMSTERDAM, Feb 8 (Reuters) – With Dutch biotech Crucell
(CRCL.AS: Quote, Profile, Research, Stock Buzz) about to be gobbled up by U.S. giant Johnson & Johnson
(JNJ.N: Quote, Profile, Research, Stock Buzz), its chief executive Ronald Brus will need to deliver
new vaccines quickly to make a success of the acquisition.

The deal looks in the bag after Crucell shareholders voted
through changes to its statutes and approved the nomination of
mostly J&J employees to its advisory board earlier on Tuesday.
[ID:nLDE71707S]

Feb 8, 2011

Taylor’s lawyer storms out of war crimes court

LEIDSCHENDAM, Netherlands (Reuters) – The defence lawyer for former Liberian president Charles Taylor defied the Sierra Leone war crimes court on Tuesday, walking out in protest ahead of closing arguments in the case and calling it a farce.

Taylor, the first African ruler to stand trial for war crimes, is charged with instigating murder, rape, mutilation, sexual slavery and conscription of child soldiers during a brutal civil war in Sierra Leone. He denies the charges.

Feb 8, 2011

Charles Taylor lawyer walks out of court in protest

LEIDSCHENDAM, Netherlands (Reuters) – The defense lawyer for former Liberian President Charles Taylor walked out of a war crimes court on Tuesday protesting that his client’s rights to a fair trial were being abused.

Lawyer Courtenay Griffiths walked out after judges at the Special Court for Sierra Leone ruled on Monday against allowing the defense to file a final document because they had missed a January 14 deadline to submit it.

Feb 7, 2011

Is the M&A risk priced into Solvay shares?

AMSTERDAM, Feb 7 (Reuters) – Belgian chemicals and plastics
maker Solvay (SOLB.BR: Quote, Profile, Research, Stock Buzz) pocketed 4.5 billion euros ($6.1 billion)
in cash from the sale of its drugs unit last year and now faces
a dilemma over how to invest that money.

The company says it wants to invest in industrial assets,
yet last month a Danish newspaper said it was outbid by DuPont
(DD.N: Quote, Profile, Research, Stock Buzz) in an auction of Danish enzymes group Danisco (DCO.CO: Quote, Profile, Research, Stock Buzz).

Feb 7, 2011

Lebanon tribunal debates terrorism at first hearing

LEIDSCHENDAM, Netherlands (Reuters) – The U.N.-backed Lebanon tribunal opened its first session on Monday trying to settle legal points before it can issue arrest warrants in the assassination of former premier Rafik al-Hariri.

The hearing took place against the backdrop of a political crisis in Lebanon, where the militant Shi’ite Hezbollah movement and its allies toppled the government of Hariri’s son, Saad al-Hariri, over his refusal to cut links with the tribunal.

Feb 3, 2011

Dutch government seeks return of hanged woman’s body from Iran

AMSTERDAM (Reuters) – The Dutch government will do everything possible to determine whether a Dutch-Iranian woman who was executed in Iran was tortured, and to return her body to her family, the foreign minister told parliament on Thursday.

The Netherlands froze diplomatic contacts with Iran after Zahra Bahrami, a 45-year-old woman with dual Dutch-Iranian citizenship, was hanged on Saturday for drug smuggling, a charge that her family says was fabricated after she was arrested for participating in anti-government protests in 2009.

Jan 28, 2011

Dutch lawmakers approve Afghan training mission

AMSTERDAM (Reuters) – The minority Dutch government won parliamentary support on Friday for a small police training mission in Afghanistan, a year after the previous government fell over the question of whether to withdraw troops.

Losing the parliamentary vote would have been a blow for Prime Minister Mark Rutte’s minority Liberal-Christian Democrat government ahead of provincial elections in March. Those elections help determine the make-up of the Dutch Senate.

Jan 27, 2011

Dutch govt offers concessions on Afghan mission

AMSTERDAM (Reuters) – The minority Dutch government on Thursday amended the terms of its proposed new mission to Afghanistan in a last-minute bid to win wider parliamentary support for the deployment.

The previous government in the Netherlands fell a year ago over whether to pull troops out of Afghanistan, and within months the Dutch forces had been repatriated.

Jan 26, 2011

Carlyle bulks up with Dutch AlpInvest buy-out

AMSTERDAM (Reuters) – Private equity giant Carlyle Group has agreed to buy Dutch private equity fund of funds AlpInvest Partners, to bulk up its product menu and attract more money from investors.

The deal would catapult Carlyle Group to rank as the world’s largest private equity firm by assets under management, ahead of Blackstone <BX.N, and provide a springboard for AlpInvest to expand internationally. No financial details were disclosed.

Jan 26, 2011

Carlyle expands with Dutch AlpInvest buy-out

AMSTERDAM (Reuters) – Private equity giant Carlyle Group agreed to buy Dutch-based private equity fund-of-funds AlpInvest Partners to bulk up its product offering and attract more money from potential investors.

The deal could catapult Carlyle Group to rank as the world’s largest private equity firm by assets under management and would provide a springboard for AlpInvest to expand internationally. No financial details were disclosed.

    • About Aaron

      "Aaron specialises in the chemical and biotech sectors in the Netherlands alongside daily equities and general news reporting duties. He also covers the international criminal courts from The Hague. He began his career as a newspaper reporter and sub-editor in Australia in 1994. He has lived in the Netherlands since March 2000."
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