Philippines' largest company gets offers to purchase its shares in bank and power company. San Miguel Corporation (SMC) confirmed that it obtained offers to buy its shares in its electricity and banking businesses.
Deals
Doric Assets moves delivery A380 jets one year earlier over high demand
Doric Assets speeds up the acquisition of A380 jets to cater to the needs of its clients. Demand for more A380 airbuses from commercial carriers prompted Doric Assets Finance Ltd.
Enstar Group buys Torus Insurance
Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.
Russia to ramp up oil exports in Asia at Europe's expense
Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.
New jobs open in Ireland as Pfizer invests
Pfizer invests in two plants in Ireland. A company restructuring in Pfizer's two plants went underway as the pharmaceutical giant announced that a US$130 million investment is heading their way.
Latest News
Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.
NanoSatisfi received additional investment from Grishin Robotics. Grishin Robotics, a multinational investment firm, provided a US$300,000 investment to NanoSatisfi.
Petroleo Brasileiro SA's acquisition of Angolan LNG's first cargo was expected to lessen the shipping demand.
Griffin-American makes its first investment outside of the US by purchasing a UK portfolio for US $447.8 million.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
BackOps receives investment from Sherpa Ventures. Sherpa Ventures announced today that it will be investing for the first time in on-demand labor company BackOps.
Heat Biologics increased IPO target to US$33 million. Heat Biologics set a top target for its initial public offering. From US$24 million, the company now aimed to raise US$33 million.
Good Energy Group Plc would sell 3.1 million stocks to finance UK solar park developments. Britain's renewable power provider, Good Energy Group Plc, planned to raise GBP3.
Brookfield Canada Office Properties acquired Toronto's Bay Adelaide Centre East Development for Ca$602 million.
