In an all stock deal, Kinder Morgan Energy purchases Copano. The role shale oil production in the United States continues to drive the growth of the energy sector.
North America
World's Top Money Manager to Hire more Lawyers
BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.
Smith & Nephew to Conduct Share Buyback Programme
Smith & Nephew to conduct share buyback programme for its shareholders. Smith & Nephew, the medical devices manufacturer, is now conducting a cash return program to its shareholders through a US$300 million repurchase program.
Berkshire Hathaway Divests Moody's Shares
Berkshire Hathaway sells off around 1.75 million Moody's shares. Berkshire Hathaway Inc announced that it had sold off 6. 1% of its stake in Moody's Corp.
Cerberus Capital Completed US$2.61 Billion Fund Raiser
Cerberus Capital completes CIP V in the amount of US$2.61 billion. Cerberus Capital Management LP completed its fundraising activities for its latest private equity fund.
Latest News
3D Systems acquires RPDG for an undisclosed sum. 3D Systems, in a bid to expand its capacity to manufacture parts on demand, has acquired Rapid Product Development Group.
Goldman Sachs acquires Ebix, the insurance software provider for US$20 per share. Ebix, the insurance software provider based out of Atlanta, GA has accepted to a US$20 per share buyout offer from Goldman Sachs.
Dreamworks purchases AwesomenessTV for at least US$150 million. In a move to secure an online platform for its family oriented movies, DreamWorks Animation SKG has entered into an agreement to purchase the YouTube network AwesomenessTV.
Leap2 to introduce new search platform for IOS and Android systems. Leap2 obtained a US$1. 6 million financial infusion from corporate investors and individuals headed by Dundee Venture Capital.
Globespan Capital Partners leads Series C Financing round for VNTurbo. The leading provider of software-defined control programs for cloud and virtualized environments, VNTurbo disclosed in an announcement today that Globalspan Capital lead its Series C financial infusion round.
Texas Instruments sells debt bonds at 0.45% coupon in a two part offer to amount to US$1 billion. Texas Instruments is one of the companies that have sold a three year debt note with a record low 0.
Andreessen Horowitz heads fundraising for Dwolla worth US$16.5 million. According to Reuters, Venture Beat reported that Andreessen Horowitz, headed the third funding round for Dwolla.
Loblaw, even with the highly competitive market, announces profit earnings for the year. Loblaw Cos Ltd, the largest food retailer in Canada, has reported a 40% increase in its first quarter profit earnings.
Actavis purchases Valeant's antibiotic vaginal gel worth US$55 million. Actavis, the generic pharmaceutical firm, has purchased the global rights to Valeant Pharmaceuticals International's antibiotic vaginal gel.
