The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.
Deals
IPIC pays off loan that purchased bank stake
A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital. The International Petroleum Investment Co,. the Abu Dhabi tate owned fund, had paid in full a USD2 billion loan its unit had taken out last 2011.
Dubai firm to put up LNG factory in the Philippines
Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth. It was recently reported that a Dubai based oil firm is negotiating a deal to develop a USD5 billion Energy City project located in the Philippines.
Jet Airways-Etihad deal to be completed by the end of 2013
Despite the recent quarterly loss report from Jet Airways, Etihad is still awaiting the completion of the deal.
Independent grocers see Loblaw Cos, Shoppers Drug Mart merger a threat
Independent grocers and convenience store operators see a mega-merger as big industry threat. Independent grocers in Canada feared they would go out of business with the upcoming merger of Loblaw Cos Ltd and Shoppers Drug Mart Corp.
Latest News
Like a death in the family, union members of PSA Peugeot Citroen factory located in Aulnay, France mourn the closure of the 40 year old plan.
Atlantic Grid had moved to connecting power for delivery to New Jersey state. The company that had plans to build an undersea power transmission line backed by Google, Atlantic Grid Development LLC, has refocused its efforts in moving electrical power across New Jersey instead of its original plan of interconnecting offshore wind farms.
In a tax free spin off, DuPont would be able to spend just USD0.01 to USD0.02 per share. The largest chemicals maker in the United States in terms of value, Dupont Co.
Live Nation Entertainment acquired Voodoo Music & Arts Experience. Entertainment firm Live Nation announced that it had bought Voodoo Music & Arts Experience.
Far East Orchard said it was thinking of listing a real estate investment trust to focus on the hospitality market in Australia.
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
TD Commercial Banking provided USD 1 million in financing to Pliteq Inc. Toronto-based engineering firm Pliteq Inc was able to secure USD 1 million in financing from TD Commercial Banking.
The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.
Eneva SA, whose main shareholders EON SE and Eike Batista Brazilian utility firm Eneva SA, whose main shareholders are German EON SE and Brazilian mogul Eike Batista, is in discussion with banks and its partners on means to avoid the redemption of USD300 million worth of indebtedness owed by a natural gas company it owns with Batista.
