NorthStar Realty Finance Corp. and Griffin-American Healthcare REIT II, Inc. announced that the boards of both companies have unanimously approved a definitive merger agreement under which NorthStar Realty will acquire all of the outstanding shares of Griffin-American in a stock and cash transaction valued at $4 billion.
Cerner Corporation and Siemens AG signed a definitive agreement for Cerner to acquire the assets of Siemens' health information technology business unit, Siemens Health Services, for $1.3 billion in cash.
Royal Philips and Accenture have developed proof of concept software connecting a wearable display to Emotiv Insight Brainware that could ultimately give more independence to patients with amyotrophic lateral sclerosis (ALS) and other neurodegenerative diseases.
Meyer Werft joined forces with the STX Finland shipyard in Turku. Following weeks of negotiations the Finnish Government and Meyer Werft signed a share purchase agreement with the current owner STX Europe.
The country's state owned mining company Codelco of Chile will receive a $4 billion investment over the next five years, the government announced, following the board's unanimous vote to appoint Nelson Pizarro as the new head of the company.