Live Nation Entertainment acquired Voodoo Music & Arts Experience. Entertainment firm Live Nation announced that it had bought Voodoo Music & Arts Experience.
Investors
Independent grocers see Loblaw Cos, Shoppers Drug Mart merger a threat
Independent grocers and convenience store operators see a mega-merger as big industry threat. Independent grocers in Canada feared they would go out of business with the upcoming merger of Loblaw Cos Ltd and Shoppers Drug Mart Corp.
Bunge Ltd explores options in biofuels investments
Bunge Ltd CEO is seeking to sell off its 'crown jewels' as depressed prices and operating losses have made the business unprofitable.
Sinopec seeking to sell off shale acreage
In an unprecendented move, China's Sinopec is selling off shale gas acreages in Canada. An executive for the SInopec Group is seeking to sell half of its holdings in the two biggest shale gas acreages in Canada.
LinnCo's bid for Berry Petroleum under SEC review
The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.
Latest News
Taurus Wealth Advisors said independent asset managers could see the assets they oversee in Asia rise.
Far East Orchard said it was thinking of listing a real estate investment trust to focus on the hospitality market in Australia.
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
TD Commercial Banking provided USD 1 million in financing to Pliteq Inc. Toronto-based engineering firm Pliteq Inc was able to secure USD 1 million in financing from TD Commercial Banking.
The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.
Eneva SA, whose main shareholders EON SE and Eike Batista Brazilian utility firm Eneva SA, whose main shareholders are German EON SE and Brazilian mogul Eike Batista, is in discussion with banks and its partners on means to avoid the redemption of USD300 million worth of indebtedness owed by a natural gas company it owns with Batista.
Microinverter maker Sparq Systems Inc secured USD 2.75 million from MaRS Cleantech Fund and other venture capital firms.
Canada-based Saputo's bid of USD 432 million had so far bested all other offers for Warrnambool Cheese & Butter Factory Co.
The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
