Vietnam purchases 12 Russian fighters
A Russian news agency says that Vietnam has bought 12 Russian fighter jets in a deal worth $1 billion.
The Interfax news agency reported Wednesday that the Sukhoi Su-30MK2 jets will be delivered to Vietnam in 2011-2012 under a contract signed last week.
The reported deal comes amid tensions between Vietnam and China over the Spratly and Paracel islands in the South China Sea.
Interfax has reported previously that Vietnam has already ordered eight Sukhoi fighter jets last and also struck a $2 billion deal to buy six diesel-electric “Project 636” Varshavyanka submarines from Russia.
Vietnam is still using significant numbers of Soviet weapons supplied by Moscow during the Cold War. [Read the full article]
PepsiCo, Inc. (NYSE: PEP) announced today that The Pepsi Bottling Group, Inc. (NYSE: PBG) and PepsiAmericas, Inc. (NYSE: PAS) stockholders who wish to elect to receive cash for all or a portion of their shares of PBG or PAS stock in connection with the proposed acquisitions by PepsiCo of PBG and PAS must deliver a properly completed cash election form to Mellon Investor Services LLC by 5:00 p.m., New York City time, on February 18, 2010 (the “Election Deadline”). PBG and PAS stockholders who do not make a valid cash election will be deemed to have made an election to receive shares of PepsiCo common stock, subject to the proration procedures described below.
PBG and PAS stockholders who hold their shares in “street” name through a bank, broker or other nominee, in the form of unvested restricted stock awards or through a 401(k) plan may have an election deadline earlier than the Election Deadline. [Read the full article]
Expands IHS Alternative Energy Knowledge Base and Expertise, Bolsters Company Energy and Environment Solutions
ENGLEWOOD, Colo.–(BUSINESS WIRE)–IHS Inc. (NYSE: IHS – News), a leading global source of critical information and insight, today announced the acquisition of Emerging Energy Research, a leading advisory firm whose mission is to help clients understand, leverage and exploit the technological, regulatory and competitive trends in the global emerging energy sector. The purchase price is approximately $18 million.
“Emerging Energy Research is a high-growth insight leader whose products and services will significantly enhance the existing IHS energy and environment business offerings,” said IHS Chairman and Chief Executive Officer Jerre Stead. [Read the full article]
Research and Markets (http://www.researchandmarkets.com/research/e45ece/ribonucleic_acid) has announced the addition of the “Ribonucleic Acid (RNA) Therapeutics – Strong Potential to Address Unmet Needs in Pharma” report to their offering.
Ribonucleic Acid (RNA) Therapeutics – Strong Potential to Address Unmet Needs in Pharma provides insights into the unmet needs in the pharmaceutical and healthcare market and potential segments where RNA therapies can prove to be useful. This pharma report also delves deep into the market potential that RNA therapies hold in the future. Further, it provides insights into the R&D pipeline and the promising drugs. The study elucidates the current competitive landscape of the RNA therapeutics market. Finally, the report deals with key trend analysis on mergers and acquisitions, and licensing agreements involving RNA therapies. [Read the full article]