Montreal, Maine & Atlantic Railway Ltd. had hired Gordian Group LLC to sell the carrier, said a Bloomberg report.
Deals
Ex-Finam Global executives launch new USD300 million tech investment fund
In an announcement today, former executives of Finam Global launched Flint Capital, a USD30 million fund that is focused on placing investments in Internet and innovative hardware startups.
Thomas Cook sells off business interests in Egypt and Lebanon
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
Rivals Com2us, Gamevil consolidates in a USD65 million deal
A Techcrunch report talked about the necessity of top mobile gaming companies and rivals Gamevil and Com2uS consolidating into one gaming empire.
Whitestone REIT acquires Fountain Hills Plaza
Today, Whitestone REIT announced it acquisition of Fountain Hills Plaza paid through an all cash transaction.
Latest News
As of 11 a.m. on Monday, the Indian Oil Corp was the only bidder left for the 31% stake of Haldia Petrochemicals, said sources.
Japan and China, two of the biggest US foreign creditors, had expressed their concerns regarding the partial US shutdown, said a Bloomberg report.
Apollo Tyres and Cooper Tire & Rubber Co had been on a disagreement over a proposed decrease in price offered by Apollo to take over the US firm, reported Reuters.
China Resources, a state backed conglomerate, had been studying its options including a possible sale for its Hong Kong meat distribution unit, said a report from Bloomberg News.
Warrnambool Cheese and Butter Factory Company Holdings Ltd. had agreed on a takeover deal from Saputo Inc. to be paid in an all cash transaction, reported Reuters.
The shares of Talisman Energy Inc had moved forward following the announcement of Carl Icahn's acquisition of around 61 million shares in the company, said a Reuters report.
On Monday, Spain’s Santander said that it had agreed to buy a 51% stake in the largest consumer finance business from El Corte Ingles.
BlackBerry shares rose last Monday after reports of potential strategic buyers taking interest in the struggling smartphone maker, said a Reuters report.
Twitter Inc got a "buy" rating from a brokerage company even before the social media platform went public, said a Reuters report.
