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Thermo Fisher extends binge with $5.2 billion Patheon agreement

Bloomberg Thermo Fisher Scientific Inc. agreed to buy Dutch drug-ingredients maker Patheon NV for $5.2 billion, extending the acquisition binge that helped turn it into one of the world’s biggest manufacturers of diagnostic and testing equipment. Thermo Fisher will pay $35 a share in cash, 35 percent above Patheon’s closing price, before Bloomberg News reported that the companies were in ...

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RWE jumps to 10-month high as utility says targets on track

Bloomberg RWE AG jumped to the highest since July after Germany’s biggest power producer said profit is on target and it plans to pay a dividend for the first time in three years. The Essen-based utility’s efforts to boost plant efficiency and the contribution of energy trading is helping compensate for weak power prices, Markus Krebber, chief financial officer at ...

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AIG grants new CEO $12 million cash, 1.5 million stock options

Bloomberg American International Group Inc. will give Brian Duperreault $12 million in cash, 1.5 million stock options and an annual pay package valued at $16 million to turn around the company as its seventh chief executive officer since 2005. AIG will also pay Duperreault’s previous employer, Hamilton Insurance Group, as much as $40 million over two years to waive their ...

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