Sean Lamb/Wikimedia XPO Logistics Inc. said it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million. The purchase will double XPO's expected annual revenue to $2 billion, the companies ...
Plains All American Pipeline, L.P. (NYSE: PAA) ("PAA") and PAA Natural Gas Storage, L.P. (NYSE: PNG) ("PNG") today jointly announced the completion of the merger of PNG with a wholly-owned subsidiary of PAA, with PNG surviving the merger as ...
Tags: Plains All American Pipeline, PAA Natural Gas Storage, merger
Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that it has received the appropriate Georgian governmental ...
Tags: Tethys, Iberia, Georgia, Uzbekistan
Olam International, a Singapore-based food ingredients supplier, has sold its 50% stake in Lansing Olam Canada in a $5.4m deal. Lansing Olam Canada is a joint venture between Olam and Lansing Trade Group. The transaction was completed ...
Tags: food ingredients, Olam
Sprague Resources LP(NYSE:SRLP)("Sprague")announced today that it has completed the acquisition of the Commercial Fuels business of Hess Corporation("Hess")outside of the New York City service area for the purchase of inventory valued at$30 ...
Tags: Sprague, acquisition, Commercial Fuels business, Hess
Royal Dutch Shell plc("Shell")(NYSE:RDS.A)(NYSE:RDS.B)today announces the successful completion of the acquisition of Repsol S.A.'s("Repsol")liquefied natural gas(LNG)portfolio outside North America for a headline cash consideration of$4.1 ...
Tags: Shell, Repsol, liquefied natural gas, LNG marketing business
ProAssurance Corporation (NYSE: PRA) announced today that its acquisition of Eastern Insurance Holdings, Inc. (Eastern) was completed effective January 1, 2014. Eastern's shareholders overwhelmingly approved the transaction at a special ...
Tags: ProAssurance Corporation, acquisition, Eastern Insurance Holdings
MEDNAX, Inc., (NYSE: MD) today announced the acquisition of Summit Anesthesia Associates, P.A., a physician group practice primarily based in Summit, New Jersey. The practice will become part of MEDNAX's American Anesthesiology division and ...
After winning a bidding war with Manitoulin Transport, TransForce is buying the Canadian assets of Vitran Corp, TransForce announced Monday. Alain Bédard, chairman, president and CEO of TransForce said: "We are delighted to have ...
Tags: transportation
Stryker has signed a definitive agreement to acquire surgical safety system maker Patient Safety Technologies for a total of $120m or $2.22 per common share in an all cash transaction. The acquisition is expected to be completed during ...
Tags: Stryker, Surgical Safety System
Biosign Technologies is pleased to announce the execution of a Share Purchase Agreement under which it has agreed to acquire 100% of the issued and outstanding shares of Saint John NB based IBL Internet Business Logic, a practice management ...
Tags: Internet Business Logic, Biosign
Italian car maker Fiat is set to purchase remaining 41.4% stake in American automaker Chrysler Group in an agreement with the US auto workers' pension fund VEBA Trust for $3.65bn. The move forms part of the company's plan to merge both ...
Tags: FIAT, Chrysler Group
Taiwanese Feng Hsin has announced to cut its rebar price by NT$200/MT for this week, deeply influencing the rebar market in Taiwan. It is said that some of southern Taiwan's rebar mills wish to set up its rebar base price by NT$17,300/MT, ...
Taiwanese Feng Hsin has announced to cut its rebar price by NT$200/ton in the beginning of this week. It is reported that some of southern Taiwan's rebar mills plan to cut is rebar base price to NT$17,200/ton to win more orders; however, ...
Anhui Province-based Chinese steelmaker Magang Group has stated that its subsidiary Maanshan Iron & Steel Co., Ltd (Masteel) plans to acquire 11 percent of shares in Maanshan Iron & Steel (Hong Kong) Co., Ltd from Magang Group. Magang Group ...
Tags: steel, metallurgy, Hong Kong