PetroChina has received Chinese and Australian federal government approval to acquire from ConocoPhillips a 29% stake, valued at around A$32 million ($29 million), in a shale gas joint venture in Western Australia's Southern Canning Basin, ...
Tags: Chemicals, Metallurgy, Mineral, Energy, oil
Heavy-duty transit bus manufacturer New Flyer has completed the acquisition of the North American Bus Industries (NABI) from an affiliate of Cerberus Capital Management for a cash transaction of $80m. The acquisition includes a bus ...
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
Benjamin Cox says that sourcing a line of accessories from Taiwanese, Chinese and Vietnamese manufacturers for his single-location store is a big investment of capital and time. He's personally had to learn all the tricks of the trade ...
Tags: bike, taiwan, Transportation
US-based frozen food manufacturer Bellisio Foods has agreed to acquire Overhill Farms in an all-cash merger deal valued at approximately $80.9m. Overhill Farms is a supplier of custom prepared frozen foods for branded retail, private ...
Tags: Bellisio Foods, Frozen Foods
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market. India's largest outsourcer said in a filing Tuesday to the Bombay Stock Exchange that it has signed ...
Tags: Computer Products, software
US veterinary medical insurer, Pethealth has inked an asset purchase agreement to acquire certain assets of PurinaCare Insurance Services' pet insurance operations. The agreement was signed between Pethealth's subsidiary PTZ Insurance ...
Tags: pet insurance, insurance, medical insurer
Dell on Monday said it had signed a confidentiality agreement with investor Carl Icahn, who has vocally opposed the company's proposed plan to be acquired for $24.4 billion in a leveraged buyout. In a brief statement, Icahn Enterprises ...
The parent company of Alltel, a mobile telephone network serving rural customers in six states, has agreed to sell the business to AT&T for about $780 million, Atlantic Tele-Network announced Tuesday. The all-cash transaction will give ...
Tags: Alltel, mobile telephone network, Atlantic Tele-Network
US based automotive aftermarket retailer, Advance Auto Parts (AAP) has completed the acquisition of 124 stores of BWP distributors through an all-cash transaction. The transaction also includes the rights to distribute to 92 locations, ...
Tags: automotive aftermarket retailer, AAP, BWP distributors, GPI
Press Trust of India reported that Rashtriya Ispat Nigam Limited has decided to initiate a slew of financial restructuring measures and merge a subsidiary with itself for better valuation during disinvestment. Indian steel minister Mr ...
Tags: steel, financial restructuring, financial, reserves
IntercontinentalExchange's planned acquisition of NYSE Euronext, announced Thursday, will expand opportunities for trading between energy and equity products as well as give control of successful agricultural products to the Atlanta-based ...
Tags: IntercontinentalExchange, energy, equity products, agricultural products
Brocade yesterday announced that it will acquire privately held Vyatta in an all-cash transaction. Vyatta is based in Belmont, Calif. and is a networking industry innovator through its software-based network operating system that is ...
Tags: Brocade, Vyatta, acquisition, networking
Intermec,a leading provider of data capture and information management solutions,today announced a definitive agreement under which Honeywell International will acquire Intermec for$10.00 per share in an all-cash transaction valued at ...
Tags: Intermec, data capture, information management solutions, Honeywell
The Sherwin-Williams Company announced it has signed a definitive agreement to acquire Consorcio Comex, S.A. de C.V., a leader in the paint and coatings market in Mexico with headquarters in Mexico City. Sherwin-Williams will pay ...
Tags: Sherwin-Williams, Comex