On Monday, Elan shareholders approved a share buyback and put itself up for sale on Friday. (Photo : Reuters)The image is the logo of Elan Pharmaceuticals.
Industry
Sources: Talisman Considers Sale of Eagle Ford Assets
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Verizon Communications Eyeing Canadian Market
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
Italian Government Seeks Removal of Cap on Voting Rights for Monte dei Paschi
A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.
Eutelsat, KKR to Place Bids for SingTel’s Australia Unit
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
Latest News
Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
With a US$1.1 billion offer for the Cermaq's fish feed unit, Bain Capital and Altor complicated Marine Harvest's plans of acquiring the entire firm with a US$1.7 billion deal.
Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
