Payments to be split 50-50 between Mechelen, Belgium-based Galapagos and Planegg, Germany-based MorphoSys.
Kongsberg to Buy Marine Unit From Rolls-Royce for $660 Million
There is little growth in U.K. or France, so Tesco & Carrefour are trying to eke out every bit of saving they can.
Richemont’s Baume line offers customization and (relatively) low prices aimed at younger buyers
Baghera plans a sale of Burgundy two years after it pulled bottles from an auction, due to authenticity concerns.
Leica Puts Fancy Watches in Focus -- for $12,000 and Up
Casino to Sell $1.8 Billion in Assets in Move to Reduce Debt
Gucci Aims to Rival Louis Vuitton With New Financial Targets
JAB to Buy Sandwich Chain Pret A Manger From Bridgepoint
Nestle to Cut 500 Jobs as CEO Schneider Targets Home Country
Dixons Carphone Forecasts Earnings Slump in Tough Market
Mothercare's Former CEO Returns as Baby-Goods Chain Raises Cash
Ocado Cracks U.S. Online Grocery Market as Kroger Buys Stake
AB InBev Profit Gains on European, Chinese Beer Demand
Nestle agreed to enter a partnership with Starbucks to market the coffee chain’s products globally.
Carlsberg Loses Market Share in Russia on Beer Turmoil
French Grocers Auchan, Casino in Talks for Purchasing Alliance
Breitling Puts Go-Go Days Behind as Watchmakers Buckle Down
Hermes Reports Near-Record Profitability by Expanding Online
LVMH Tests Its Luck Pushing Prices of Smartwatches Higher
Zara Owner Reports Slowdown in Sales, Weaker Profitability