Bloomberg Galenica AG, the owner of Switzerland’s biggest pharmacy network, agreed to buy Relypsa Inc. for about $1.53 billion to gain a new medicine and a commercial network in the U.S. The Swiss company will pay $32 per share in cash for Redwood City, California-based Relypsa, it said in a statement on Thursday. That’s 59 percent above yesterday’s closing ...

  Bloomberg Exxon Mobil Corp. has a clear path to expanding its reach in Papua New Guinea after its rivals said they wouldn’t counter a $2.5 billion bid for gas explorer InterOil Corp. Oil Search Ltd. and Total SA had offered to buy InterOil in May in a deal that valued the company at $2.2 billion. Exxon topped it with ...

  Ankara / AFP Turkish authorities on Thursday imposed a three-month state of emergency, strengthening powers to round up suspects accused of staging the failed military coup despite global alarm over a widening purge. President Recep Tayyip Erdogan declared the state of emergency, Turkey’s first in 14 years, shortly before midnight after a marathon meeting of his national security council, ...