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Wed. Oct. 31, 2012 Veolia Energy signs lease for office space at Boston’s 53 State St. Veolia Energy North America, an energy services company, plans to relocate its US headquarters to larger space at 53 State St. in Boston, said a broker involved in the transaction. The broker is Jones Lang LaSalle, which represented Veolia Energy in lease negotiations. Veolia Energy North America is moving from its current location at 99 Summer St. The company’s energy consulting and engineering subsidiary, SourceOne Inc., will also relocate to the new headquarters from 132 Canal St.	Advertisement
Clean Harbor stock shares surge following its acquisition of Safety-Kleen Clean Harbors Inc. shares were up $8.11, or 16.4 percent, at midday Wednesday, in the first day investors could react to the Norwell company’s acquisition of Safety-Kleen Inc. Investors apparently liked the $1.25 billion cash deal announced by the environmental services company on Monday, sending the stock even higher earlier in the day. Stock markets have been closed for the past two days due to Hurricane Sandy.
Gary Smith is taking over as Polartec CEO Polartec LLC, a Lawrence-based provider of performance fabrics under the Polartec brand name, announced Wednesday the appointment of Gary Smith as chief executive, completing the management succession process announced in July. As part of that succession process, Joe Robinson is being appointed chief financial officer. Smith, 49, previously served as president of the Outdoor Group for the Timberland Co. and as a partner with McKinsey & Co.
Thermedical gets FDA clearance for ablation system Thermedical, a Waltham-based medical equipment company, said Wednesday that it has received Food & Drug Administration clearance to market its technology for the coagulation and ablation of soft tissue during certain surgical procedures. “Receiving FDA clearance is a significant milestone for Thermedical as it will facilitate our plans to carry out a series of clinical trials to evaluate the efficacy of our system for treating large, solid tumors, including liver cancer,” Thermedical president Michael G. Curley said.
Vantiv agrees to buy Lowell e-commerce firm Litle & Co. for $361 million Vantiv Inc., a Cincinnati-based provider of payment processing services for merchants and financial institutions, said Wednesday that it has agreed to buy Litle & Co. for $361 million as Vantiv looks to expand its e-commerce capabilities. Lowell-based Litle & Co. is an e-commerce payment processor for companies that sell goods and services to consumers over the Internet and through direct response marketing. Upon completion, Litle & Co. will become a subsidiary of Vantiv and maintain its location in Lowell.
Millennium, Takeda get conditional OK to market lymphoma drug in Europe Millennium: The Takeda Oncology Company and its Japanese parent company said Wednesday that European regulators have granted conditional marketing authorization for ADCETRIS, a drug for some forms of lymphoma, a general term for a group of cancers that originate in the lymphatic system. Takeda Pharmaceutical Co. Ltd. said it intends to launch ADCETRIS across Europe in the coming weeks. (Takeda Pharmaceutical bought Cambridge-based Millennium in 2008 for $8.8 billion.)
Charles River Laboratories buys 75 percent of Chinese drug discovery company Vital River Wilmington drug research company Charles River Laboratories International Inc. said Tuesday it has agreed to buy a 75 percent ownership stake in Vital River, a Chinese provider of pharmaceutical research models and related services, for about $27 million. Charles River said the acquisition would help it expand in the fast-growing Chinese market for drug discovery and development. The transaction is expected to be completed in the first quarter of 2013.
EMC buying California computer security firm EMC Corp. of Hopkinton is buying computer security firm Silver Tail Systems of Menlo Park, Calif. Financial terms of the transaction were not released. Silver Tail, a privately-held firm, will become part of RSA, EMC’s data security business. Silver Tail collects vast amounts of data passing through corporate networks, analyzing it to detect patterns that might indicate the presence of network intruders, or the use of illicit software that could steal or damage a company’s vital data
Boston Globe circulation rises nearly 12 percent, Boston Herald falls nearly 15 percent The Boston Globe’s daily circulation rose nearly 12 percent during the six-month period that ended Sept. 30, buoyed by the growth in digital subscriptions, according to an organization that tracks newspaper readership. The Globe’s circulation, which includes subscriptions to BostonGlobe.com, increased 11.9 percent to 230,351 compared with the same six months in 2011, according to the Audit Bureau of Circulations. The Globe’s Sunday circulation, including digital subscriptions, rose 3.4 percent to 372,541.
Hotel proposed for Hancock conference site in Back Bay One of Boston’s most prominent hoteliers on Tuesday unveiled plans for a 33-story hotel and residential complex near Copley Square that would add another high-rise to the Back Bay’s skyline. The tower is planned to rise on the site of the former John Hancock Hotel & Conference Center, on Stuart Street, across from the Hancock Tower.
Most banks reopen after Sandy; some will waive fees for customers affected by the storm Most banks across Massachusetts reopened Tuesday morning after the heavy winds from Hurricane Sandy subsided overnight. Citizens Bank, TD Bank, Sovereign Bank, Eastern Bank and Rockland Trust all said most or all of their branches were open Tuesday morning -- except in scattered areas hit especially hard by the storm. Bank of America, the largest bank in Massachusetts, said its branches remain closed Tuesday morning, but could re-open later in day.
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