Ottawa Approves ExxonMobile's Acquisition of Celtic Exploration Ltd. in $3.1 Billion Deal

Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.


Forstmann Little to sell talent agency IMG in possible over $2 million sale

Private equity company decides sale of its sports and modeling talent agency IMG and is looking for an investment bank to lead the auction.

MGM Resorts claims being approached by potential buyers of Crystals luxury mall

MGM Resorts chair Jim Murren said Crystals luxury mall has potential buyers (Photo : Reuters) MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.

Boston Globe Up For Sale Again

The New York Times is putting up the Boston Globe group for sale for a second time (Photo : Reuters) For the second time, the prestigious Boston Globe has been put up for sale by its current owners, the New York Times Co.


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Essex Property purchases Fox Plaza property Essex Property Trust, Inc. , one of the foremost property developers in the West Coast has expanded in its property interests in San Francisco, California with the recent purchase of the Fox Plaza.
Forstmann Little is now deep into preparation for the sale of IMG, the sports and modelling agency. IMG, one of the most prominent talent agencies in the world who represents such names as Serbian tennis superstar Novak Djokovic as well as Brazilian supermodel Giselle Bundchen-Brady has recently been put up for sale.
Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.
Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.
Investors at Japan Tobacco has been selling their shares following the decision of Japan's government to sell its stake at the world's third-largest tobacco company.
Aeolus enters agreement with accredited investors on private placement financing worth of 3.2 million dollars
Leighton and Ontario Teachers' Pension Plan Reached Agreement on the sale of 70 percents of telecommunication assets.
Target has sold its credit card portfolio in the U.S. to TD Bank to pay debts. American retailing company Target Corp. announces its agreement on the sale of its existing credit card portfolio in the U.
TSYS widens its presence in prepaid card market through its plan to purchase debit card provider NetSpend Holdings Inc.
Capital One agrees to sell its buy card portfolio to Citigroup in 7 billion-dollar deal. Capital One Financial Corp. has revealed its plan to sell its buy card portfolio worth of $7 billion to Citigroup Inc.