Berkshire buys stake in Sanofi

Article Abstract:

Berkshire Hathaway Inc. of the United States has bought 488,500 shares of pharmaceutical house Sanofi-Aventis S.A. of France. Share price for Sanofi-Aventis S.A. is down approximately 6.7 percent since March 31st to $43.42. Berkshire Hataway Inc. is a major American insurance company managed by Warren Buffett.

United States, France, Pharmaceutical preparations, Fire, marine, and casualty insurance, Pharmaceutical industry, Finance, Property and casualty insurance industry, Berkshire Hathaway Inc., BRK.A, Company financing, SNY, Sanofi-Aventis S.A.

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U.K. fund manager makes share offer for rival Edinburgh

Article Abstract:

Aberdeen Asset Management PLC has made an all-stock acquisition bid for Edinburgh Fund Managers Group. Such a deal is seen as a positive outcome for both firms.

United Kingdom, Acquisitions & mergers, Financial Services, Finance and Insurance, Mergers, acquisitions and divestments, Financial services industry, Company acquisition/merger, Aberdeen Asset Management PLC, Edinburgh Fund Managers PLC

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Asia bond funds lose some allure as stock climb

Article Abstract:

Foreign fund managers are increasingly choosing to chase Asia's rising stock markets. This reflects the decline in interest in AsiaEs bond funds.

Asia, Bond funds, Stock markets, Stock market

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