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e Group holding companies were under pressure (CR Power -9.6%, CR Ent -4.2, CR Cement -4.1%) following r

close). And now Novartis & GSK have announced a major series of transactions: creating new consumer-health venture (GSK 63.5% controlling interest), Novartis agrees to buy GSK's oncology unit for as much as $16B, Novartis to sell vaccines unit to Glaxo for $7.1B, Novartis to sell Animal Health unit to El

et WSJ • Barclays, Traders Hit for Manipulating Power Prices WSJ • China's Zhu Changhong Helps Steer

margins below, tweaking FY sales higher (trading +1.8%) • Electrolux June AHAM6 +9%, overall good but freezer and aircon below (trading +0.30%) • Novartis O2 net income/revs/core EPS inline, raises FY sales and profit outlook (trading -1.5%) • Handelsbanken Q2 broadly inline, net income ahead, fee inc

t Management (Jenny Craig) and Sports Nutrition (Power Bar and Musashi) businesses. Kurt joined Nestle i

rved as Kurt brings deep experience in consumer products with decades of leadership experience in the United States and overseas at Kraft. Wrigley, Novartis and Nestle. At Nestle, Kurt was responsible for their S8 billion global Health & Wellness Division and he was a member of Nestle's Executive Committ

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Marley Natural, Irisa, Goodship, Grail, and Dutchy. TLRY has been active on the M&A front, with previously announced acquisitions / partnerships with Novartis, Authentic Brands and AB-Inbev, among others. Most recently, the company announced a C$419 mm acquisition of Manitoba Harvest, the global leader in h