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Utilities

LB Foster

L.B. Foster acquires Ball Winch Pipeline Services

Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.

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Kinderhook Industries

Rizzo Environmental Services acquires Royal Oak Recycling

Royal Oak Recycling is the business name of V&M Corporation and the firm was recently acquired by Rizzo Environmental Services Inc.

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Siemens

Top deals of the day - M&As

The following bids, mergers, acquisitions and disposals were reported on Wednesday

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RenoNorden AS

RenoNorden appoints Staffan Ebenfelt as Group CEO

RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.

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OSX Brasil SA

OSX Brazil bondholders to work with AlixPartners on OSX claim

Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.

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Etisalat

Top deals of the day - M&As

The following bids, mergers, acquisitions and disposals were reported on Tuesday.

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Berkshire Hathaway

Berkshire investments in utlitiies pays off

The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.

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Transpacific Industries Group Ltd

Warburg Pincus exits from its waste management investments in Australia

Warburg Pincus sells off its shares in Transapacific Industries Group.

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Essar Group

Essar Group plans bids for water infrastructure projects

Essar Group planned to bid for water projects in India.

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Li Ka-shing

Li eyes Europe for more buyouts

Hong Kong billionaire Li Ka-shing was reportedly amassing funds from divestment in preparation for strategic acquisitions in Europe.

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Fukushima Nuclear Plant

Authorities announce delay of Fukushima nuclear plant cleanup

Japanese authorities said the cleanup of the Fukushima nuclear plant would not be completed next year as originally scheduled.

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Electricite de France (EDF)

EDF partners with Areva, Chinese firms to build nuclear plant in UK

French utility company Electricite de France (EDF) would be joining forces with Areva and two Chinese nuclear firms to build a nuclear power plant in the UK.

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United States Postal Service (USPS)

US Postal Service IPO not a daft idea - observers

Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.

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Water Supply in India

India plans INR 110 billion investment to upgrade village water infrastructure

The Indian government would be investing INR 110 billion for the improvement of the water supply infrastructure in its villages.

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