Hess Corp. Makes Sale of Russian Unit to LUKOIL

Hess Corp. has announced that it is selling its Russian unit, Samara-Nafta, to LUKOIL in a $2.05 billion deal as activist investors besiege the company for a business change


Visi Media Sees Shares Increase After Buyout Proposal

Shares in PT Visi Media Asia Tbk have increased dramatically following a buyout offer from Chairul Tanjung, the fifth richest man in Indonesia.

Deliv Preserves Seller-Buyer Relation with Same Day Service

Deliv, after a successful financing round, would provide same day services for consumers and retailers in major cities in the US.

Lynnwood Capital to Purchase Tantalex Corp

On a one to one share swap, Lynnwood Capital would purchase Tantalex Corp. In an announcement, Lynnwood Capital Inc of Canada had entered into an agreement to purchase Tantalex Corp.


Latest News

Horsburgh & Scott, the renowned gear manufacturer, has been acquired by private equity firm GenNx360.
Taylor Morrison to offer 23.8 million shares in its IPO and is expecting a return of nearly US$524 million.
Lear Corp has avoided a proxy fight with major private equity investor firms through an agreement increasing the rate of its share buyback program.
Toronto-based Dominion Diamond Corp. said regulators have approved its plan to buy BHP Billiton's Ekati diamond operations in Northwest Territories, Canada.
American Greetings is privatized by the Weiss family. The founders of American Greetings Corp have reached an agreement to purchase the gift card and party goods firm.
The auto parts maker has dodged a proxy war with investors Oskie Capital Management LLC and Marcato Capital Management LLC by deciding to increase its share buyback program.
With the lack of interested buyers, the financial future of Pan Ocean and the STX Group is in jeopardy.
Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.
GD Midea would be privatized according to recent plans of the Midea Group. GD Midea Holding Co had recently announced plans to purchase the listed company.
VeriFone's current conditions makes it ripe for takeover by private equity firm according to analysts.