Stocks to watch on the Australian stock exchange at noon on Friday:
CSL - CSL - up $2.22, or 2.30 per cent, at $98.57
Biotechnology giant CSL Limited has moved a step closer to acquiring Novartis' influenza business as part of a deal that will create the world's second biggest flu vaccine company.
FLT - FLIGHT CENTRE - down 34.00 cents, or 0.96 per cent, at $35.17
Flight Centre has won its appeal against the competition watchdog over a long-running price-fixing case.
OCG - OCEANAGOLD - down 42.00 cents, or 15.05 per cent, at $2.37
OceanaGold is taking over Toronto Stock Exchange-listed Romarco Minerals in a move expected to create the market's lowest-cost gold producer.
PRY - PRIMARY HEALTH CARE - down 4.5 cents, or 0.97 per cent, at $4.575
Listed medical services company Primary Health Care will sell $34 million worth of shares in Vision Eye Institute and use the proceeds to pay down debt.
RMD - RESMED INC - up 47.00 cents, or 6.25 per cent, at $7.99
Sleep disorder device supplier ResMed will expand its presence in China, after agreeing to acquire Curative Medical.