Merck KGaA, a drug company based in Germany, said Monday it agreed to buy Sigma-Aldrich for about $17 billion to expand its business in North America and gain exposure in Asia.
NEW YORK (Reuters) - Sigma-Aldrich (SIAL.O) shares were surging on Monday, up 34.4 percent to $137.60 after German drugs and chemicals maker Merck KGaA (MRCG.
Stephen Heintz, left, with Valerie Rockefeller Wayne and Steven Rockefeller on Tuesday. Credit Hiroko Masuike/The New York Times. Continue reading the main story.
Come midday London�s Footsie was by the far worst performer in Europe following a profit warning from troubled food retailer Tesco and remarks from China�s finance minister which may have dashed hopes of further policy stimulus.
Gen Xers may be taking home bigger paychecks than their parents did at the same age, but they haven't been able to accumulate nearly as much wealth.