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Stock Market & Financial Investment News

News Breaks
April 8, 2013
10:16 EDTSAP, MDASMedAssets enters into strategic partnership with Ariba
MedAssets (MDAS) announced a multi-year strategic partnership with Ariba, an SAP (SAP) company. The partnership offers healthcare providers and suppliers a comprehensive electronic commerce platform, including requisition to purchase order transmission, shipment notification, invoice transmission and reconciliation workflow automation, expense posting, supplier payment and early-pay discount solutions.
News For MDAS;SAP From The Last 14 Days
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February 3, 2016
07:21 EDTSAPSAP to pay $3.9M settlement to SEC over Panama bribery charges, Reuters says
SAP will pay almost $3.9M to settle SEC charges related to a former executive's scheme to bribe Panama government officials in an effort to win technology contracts, Reuters reports. The SEC said that SAP's internal controls let Vicente Garcia, former vice president of global and strategic accounts responsible for Latin America sales, to pay $145,000 in bribes to a top Panamanian government official and offer bribes to two others in order to win contract orders, the report says. Reference Link
January 27, 2016
15:19 EDTSAPSAP to hold a capital markets day meeting
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10:31 EDTMDASPamplona Capital completes acquisition of MedAssets
Pamplona Capital Management has completed the acquisition of MedAssets. As a result of the transaction, MedAssets stock will stop trading at the close of business today. Pamplona purchased MedAssets for $31.35 per share, which represents a total enterprise value of approximately $2.7B. The transaction was overwhelmingly approved by stockholders on January 14, with 99.8% of total votes cast in favor. Separately, Pamplona has entered into an agreement with Vizient to divest MedAssets' Spend and Clinical Resource Management segment to Vizient. That transaction is expected to be completed in mid-February 2016.
January 26, 2016
18:18 EDTMDASS&P announces changes to S&P 500, S&P SmallCap 600 indices
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17:19 EDTMDASZELTIQ to replace MedAssets in S&P 600 as of 1/29 close
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09:03 EDTSAPSAP and Lenovo sign agreement to develop cloud solutions in China
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