On Tuesday, Shares of Pfizer Inc. (NYSE:PFE), gained 0.06% to $35.52.
Pfizer declared that the Australian Competition and Consumer Commission (ACCC) has approved the company’s pending acquisition of Hospira, Inc. (HSP) and found no need for remedies.
Completion of the transaction remains subject to the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, governmental and regulatory approvals in certain other jurisdictions and other usual and customary closing conditions.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of Skyworks Solutions Inc. (NASDAQ:SWKS), declined -5.75% to $85.70, during its last trading session.
Skyworks Solutions declared that it is expanding production capacity in Japan to meet the growing demand for its filter technology. Skyworks is facilitizing a two-story, 405,000 square foot facility in Osaka that will house the design, development and manufacture of filter devices to complement its industry leading front-end solutions and world-class assembly, test and packaging capabilities. With the additional capacity, Skyworks is well positioned to offer differentiated architectures for the most demanding customer applications where high performance filter technology is required – addressing the stringent technical challenges associated with tighter band spacing and coexistence across low, mid and high band LTE frequencies. The facility will be fully operational by September.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide.
Finally, KKR & Co. L.P. (NYSE:KKR), ended its last trade with -1.31% loss, and closed at $21.90.
Mobile event technology and event performance company DoubleDutch recently declared a $45 million round of growth financing led by KKR, with participation from existing investors Bessemer Venture Partners, Index Ventures, and others. The company cites global expansion, sales and marketing, and targeted acquisitions as the primary use of proceeds.
“We are thrilled to team up with KKR to tackle this next stage of growth,” said DoubleDutch CEO Lawrence Coburn. “The $565 billion spent annually on events and conferences - the biggest marketing spend in the world - is running blind. We believe that DoubleDutch can assist.”
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments.
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