Delta Air Lines is expected to buy a Pennsylvania oil refinery. With the deal to buy ConocoPhillips' Trainer, Pennsylvania, refinery expected to be confirmed imminently, some say that Delta, the country's No. 2 carrier, could have the last laugh.
Deals
Phoenix Energy Technologies Secures $5 Million Investment
Phoenix Energy Technologies has secured a $5 million joint investment from Five Peaks Capital Management and Bluff Point Associates.
NanoH2O Secures Over $60 Million in Equity and Debt Financing
BASF Venture Capital, Total Energy Ventures and Keytone Ventures Co-Lead $40 Million Equity Funding to Accelerate the Company’s Commercial Operations and Manufacturing Capabilities.
Hercules Technology Growth Capital Begins Trading on New York Stock Exchange
Hercules Technology Growth Capital's common stock continues to be listed under its historical ticker symbol “HTGC” on the NYSE.
Watsco Completes Acquisition of Carrier’s Canadian Distribution Business
Watsco, Inc. has completed the acquisition of 60% of Carrier’s heating, ventilation and air conditioning (HVAC) distribution network in Canada.
Latest News
Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash.
New banking venture NBNK has held talks with Middle Eastern sovereign wealth funds to bolster its bid for 632 Lloyds branches that are up for sale.
Cellphone maker Nokia is in advanced talks to sell its UK subsidiary Vertu toprivate equity group Permira, the Financial Times reported.
three funds advised by AWM Investment Company, Inc have acquired additional shares ("Shares") of Xebec Adsorption Inc. ("Xebec") in open market transactions.
Superior Capital Partners LLC has acquired KDM from CoActive Technologies as an add-on acquisition to its user-interface and product identification portfolio company, Nelson-Miller, Inc.
GDTK has executed a term sheet with WESTOR Capital Group, Inc., to arrange a $350,000 loan. GDT Tek, Inc. President Bo Linton announced today that GDTK has executed a term sheet with WESTOR Capital Group, Inc.
Coates International, Ltd. has received an irrevocable, non-recourse unconditional letter of credit for $30,000,000 USD which it intends to use as collateral for a new loan facility.
MICROS Systems, Inc. has signed an agreement to acquire the outstanding stock of Torex Retail Holdings, Ltd. from its private equity owners.
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