Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields (Photo : Reuters)Statoil announced plans to build new pipeline Statoil announced that they, along with four partners plan to build an oil pipeline that would connect the Ivar Aasen aand the Edvard Grieg oil pipeline to existing oil pipelines in the North Sea.
Deals
Apollo to Amass US$6.8 Billion in LBO Fund
Apollo Global Management LLC would raise US$6.8 billion in its first stage of assets raising for its leveraged-buyout fund.
Yangaroo Reveals Strategic Plan
Yangaroo revealed its strategic plan for the company's growth. (Photo : Reuters)The image shows the logo of Yangaroo, a leader in secure digital media management.
Can$180,000 Ends Round 1 of Big North's Private Offering
Round 1 of Big North's private oOffering closed at Can$180,000. (Photo : Reuters)The image shows a general view of the broadcast center of TSX Venture Exchange.
TPG Mulling Divesting Strauss Coffee Shares
Buyout firm TPG Capital is researching options for sale of Strauss Coffee shares. (Photo : Reuters)The image is the corporate logo of Strauss Coffee. The Strauss Group, the food maker and TPG Capital, the private equity firm, had undertaken reviews fo their options as to the possible sale of the 25% shareholdings of TPG in Strauss Coffee.
Latest News
Ben S. Bernanke's, Federal Reserve Chairman, statement continued to rattle markets. Investors pulled out around US$60 billion.
Maersk Line merged with its major rivals and expected to boost its profit as soon as this month. (Photo : Reuters)The photo shows Maersk Line Maersk Line consolidated with its two major rivals, Mediterranean Shipping Co.
Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.
James Packer’s Crown Ltd advanced on to the third stage of government approval process beating rival proposal from Echo Entertainment Group.
IHS Inc. was granted early termination of waiting period for its acquisition of RL Polk & Co under the Hart-Scott-Rodina Antitrust Improvements Act of 1976, subjected to the satisfaction of closing conditions.
Yardi announced today that it has acquired Pierce-Eislen, a supplier of property and market level research.
Dentsu Inc, a Japanese advertising company looked to raised as much as Y120.1 billion in a public share sale to pay its short term debt from the acquisition deal with Aegis Group Plc.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Samsung Electronics announced acquisition of Boxee Inc, a New York based startup firm with a top box product that can record TV broadcasts and stream online videos.
