Royalty Pharma has offered to buy Elan for $6.7
billion, a bid Elan’s board rejected earlier in the week

European shares finished firmer yesterday, supported by signs of merger and acquisition activity in the region and by weak US economic data backing th(...)

While Royalty Pharma boosted its unsolicited offer to as much as $15.50 a share this month, at least five analysts covering Dublin-based Elan see the stock falling if that bid disappears

Elan shareholders risk losing $2 billion by listening to the company’s board and rejecting Royalty Pharma’s takeover bid, according to market analysts(...)

“What makes Ireland great, makes Ireland great for business,” according to a new television campaign for inward investment agency IDA Ireland creat(...)

Chancellor Angela Merkel said euro nations must follow Germany’s lead in tightening budgets and reshaping labour markets to return to growth as she se(...)

South Korea’s senior unification ministry official and head of working-level delegation Chun Hae-Sung (right) shakes hands with his North Korean counterpart Kim Song-Hye (left) during their meeting at Freedom House in Panmunjom, South Korea today. The sides  have agreed to hold working-level talks to prepare for a Cabinet-level meeting between the two divided countries. Photograph: South Korean Unification Miniatry via Getty Images

North and South Korea have agreed to hold a minister-level meeting on Wednesday as the two sides seek limited rapprochement following ratcheted-up (...)

Eddie O’Connor’s Mainstream Renewable Power has announced its involvement in the development of $1.4 billion of wind and solar projects in Chile. Photograph: Reuters.

Eddie O’Connor’s Mainstream Renewable Power has announced its involvement in the development of $1.4 billion of wind and solar projects in Chile. (...)

The Frankfurt stock exchange , where Springer Science shares will start trading before the summer break. Photograph: Janine Eggert/Reuters

German academic publisher Springer Science and Business Media says it plans to raise about €760 million in its initial public offering. Shares of Spr(...)

Italy’s jobless rate reached a 36- year high in April as companies did not hire staff amid pessimism about the outlook of an economy that’s probably i(...)

Dublin-based Jazz Pharmaceuticals is seeking $757.2 million in loans to refinance debt, according to a person with knowledge of the transaction. Barcl(...)

China is studying the possibility of investing a portion of its $3.4 trillion in foreign exchange reserves in US real estate, said two people w(...)

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