A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.
Deals
Provident-Sterling merger gets approval from US regulators
The New York State Department of Financial Services, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved the merger of US banks Provident New York Bancorp and Sterling Bancorp.
New Martha Stewart-JC Penney partnership leaves out former's home goods products due to Macy dispute
JC Penney Co Inc and Martha Stewart Living Omnimedia said that its partnership agreement would be leaving out Martha Stewart-branded cookware, bedding and bath products that had been exclusively designed for Macy's Inc.
Al Baraka unit plans private equity fund to focus on education
Itqan Capital and partner D3 Consultants unveiled plans to launch an education-focused private equity fund in the Gulf region.
Three major players partition auctioned spectrum in Austria
Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.
Latest News
In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
Green Highland Renewables receives a GBP9.3 million investment from Albion Ventures for the development of a hydroelectric project.
French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion. In a recent move, Lab21 had sold its blood bank screening unit to Trinity Biotech for USD7.
beRecruited, the top athletic recruitment social network, was sold off by Madison Parker Capital to the Raine Group.
BHP Billiton did not confirm the reason for such return of oil and gas stakes in India. BHP Billiton, the global mining firm, said last Monday that it had given up nine oil and gas exploration blocks located in India.
The Burman family and Healthcare At Home UK form joint venture for the Indian market. The promoter of Dabur India, the Burman family, is entering into the healthcare market through a joint venture with the founders of UK based 'Healthcare at Home'.
