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Longboard Pharmaceuticals Stock Price Jumps as Lundbeck A/S Acquires Controlling Stake for $60 per Share

Longboard Pharmaceuticals Stock Price Jumps as Lundbeck A/S Acquires Controlling Stake for $60 per Share

H. Lundbeck A/S, a prominent Danish pharmaceutical company, has announced its largest-ever acquisition, agreeing to buy U.S.-based Longboard Pharmaceuticals for $2.6 billion.

NIO shares images of first ET5 validation prototypes produced at Hefei plant

NIO shares images of first ET5 validation prototypes produced at Hefei plant

Chinese multinational electric vehicle (EV) manufacturer NIO Incorporated has just shared some images of production line verification prototypes of its upcoming ET5 electric sedan.

Playson signs slot partnership deal with Condor Gaming

Playson signs slot partnership deal with Condor Gaming

Cutting-edge and innovative slot gaming content developer Playson has announced a partnership deal with Condor Gaming Limited, in a move that will provide Condor brands with access to the developer

Godrej Industries sells its ‘Pesticide Biz’ to Denmark-based firm

Godrej IndustriesThe Godrej group has exited the pest control service business by selling its entire shareholding in Godrej HiCare to ISS a leading Denmark-based facility services company at a consideration of around Rs 100 crore.

Godrej group flagship, Godrej Industries, had a controlling stake of about 80% in Godrej HiCare, while the balance 20% being held by individuals like A Mahendran, director, Godrej HiCare.

Danish freighter repels pirates in Gulf of Aden

Danish freighter repels pirates in Gulf of Aden Copenhagen - The crew of a Danish-registered freighter Friday repelled a pirate attack in the Gulf of Aden, reports said.

The crew of the M/V Puma detected a small boat and tried to shake it off by tracking a zigzag course, Danish media reported.

The smaller boat however caught up with the freighter, and the crew deployed emergency flares to deter the attack while alerting international forces deployed to protect shipping lanes.

New Danish prime minister warns of lengthy financial crisis

New Danish prime minister warns of lengthy financial crisisCopenhagen - Denmark's new prime minister used his debut speech to parliament on Tuesday to warn that the global economic crisis "overshadows everything.""One task overshadows everything: the crisis," Lokke Rasmussen, 44, said in his speech, adding he "did not know how deep or long" the downturn would last.

Rasmussen, who took over from his namesake (but no relation) Anders Forgh Rasumussen after the latter left to become NATO secretary-general, insisted that Denmark could use its fiscal surplus to cope with the crisis.

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