China: Volkswagen announces the sale of its operations in Xinjiang

China: Volkswagen announces the sale of its operations in Xinjiang

German automobile giant Volkswagen announced on Wednesday the sale of its operations located in the Xinjiang region of China, where Beijing is accused of massive human rights violations, including forced labor. The company will sell its factory in Xinjiang’s capital, Urumqi, as well as a test track in Turpan, to a Chinese company, a spokesperson … Read more

Sanofi in good shape, despite concerns linked to the sale of Doliprane

Sanofi in good shape, despite concerns linked to the sale of Doliprane

The French pharmaceutical group Sanofi, whose planned sale of its subsidiary producing Doliprane is controversial, posted a solid quarterly commercial and financial performance on Friday. Profitability and activity both increased by around 12% in the third quarter: net profit amounted to 2.844 billion euros on a turnover of 13.438 billion euros. This performance was supported … Read more

Doliprane: green light for the proposed sale of Sanofi to the American fund CD&R

Doliprane: green light for the proposed sale of Sanofi to the American fund CD&R

The Doliprane fixed on his fate: a « accord tripartite » was found between the State, Sanofi and the American investment fund CD&R in the proposed sale of the subsidiary of the pharmaceutical group Opella, which markets Doliprane, the State ensuring that it had obtained guarantees, particularly on employment. “We have reached the highest possible … Read more