Globalization

UPS’ TNT takeover bid fizzles out

UPS’ TNT takeover bid fizzles out

By Gareth Macdonald

United Parcel Service (UPS) has abandoned its bid to buy Holland-based logistics firm TNT Express after the European Commission said it would block the deal.

Exela expands North Carolina facility

Exela expands North Carolina facility

Exela Pharma Sciences will invest $8.5million in its research and manufacturing plant in North Carolina. The venture, to be spread over the next three years, will provide 38 new jobs almost doubling its present workforce. 

Parexel buys Liquent

Parexel buys Liquent for $72m

By Gareth Macdonald

Parexel has acquired niche regulatory information management software firm Liquent and raised its guidance for 2013.

Wuxi and PRA team in China

Wuxi and PRA team in China

By Gareth Macdonald

Local knowledge and global experience should be enough to see PRA and Wuxi PharmaTech buck the trend of failed China JVs, says analyst.

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