Deals du Jour

September 3, 2009

A Qualicaps employee handles pills during a demonstration of the company's Visual Inspection Machine, which examines tablets for cracks and defects, at the 21st Interphex Japan pharmaceutical exhibition in Tokyo July 2, 2008. REUTERS/Michael Caronna (JAPAN)Japanese firm Dainippon Sumitomo Pharma Co Ltd (4506.T) agrees a $2.7 billion to buy Sepracor Inc (SEPR.O). Dainippon will acquire a 1,000-strong sales force and drugs to treat insomnia and epilepsy from U.S.-based Sepracor.

Thermo Fisher Scientific (TMO.N) has agreed a 330 million euro purchase of German firm Brahms, a manufacturer of disease diagnosis tests. Thermo Fisher, which makes scientific instruments, said the deal would open up promising opportunities for commercialising new patents.

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And here’s a round-up of deal-related stories from Thursday’s press:

* French IT services group Atos Origin (ATOS.PA) is in advanced talks to buy Italian electronic payment company SIA-SSB, La Tribune reported.

* The UK market regulator, the FSA, is stress-testing plans by banking group Lloyds (LLOY.L) to raise 10 billion pounds ($16.17 billion) and reduce its dependence on a state-backed toxic debt insurance scheme, the Daily Telegraph reported.

* Major shareholders of insurer RSA (RSA.L) would back plans by the company’s chief executive to raise $1 billion via a rights issue, the Daily Telegraph reported, citing some of the insurer’s largest institutional investors.

* Pfizer (PFE.N), the world’s largest drug company, may pay up to 1 billion reais ($525 million) to buy Brazilian generic drugmaker Neo Quimica, stepping up smaller acquisitions in fast-growing emerging markets, newspaper O Estado de S. Paulo said.

* Second-round bids for a majority stake in the Travel Channel have come in substantially ahead of early expectations with unforeseen private equity interest adding to demand from media companies, the Financial Times reported.

* General Motors Co expects the governments of Spain, Britain and Poland will provide it with 1 billion euros ($1.43 billion) in aid for its European Opel unit, the Wall Street Journal reported.

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