Endo gains strength with new CEO. The share values of the maker of the popular Percocet, Endo Health Solutions Inc increased after a month in the doldrums after the announcement of the appointment of its new CEO.
North America
MetroPCS Sees 65% Drop in Quarterly Net Profit
The U.S. wireless service provider has reported a decline by 65% in its quarter net profit as it tries to close its merger deal with T-Mobile USA.
BH Media Group Acquires Lorton Family's Tulsa World
BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.
Retail M&A Activity Will Continue to Rebound in 2013 - Survey
According to a new survey from BDO USA, LLP, nearly all retail CFOs expect merger and acquisition activity will increase or remain steady in 2013.
CNOOC's Acquisition of Nexen Inc. Closes at $15.1 BIllion
CNOOC agrees to pay $15.1 billion to purchase Canadian gas and oil company Nexen Inc. Calgar, Alberta-based oil and gas company Nexen Inc. announced that it was acquired by China's CNOOC Ltd.
Latest News
Wells Fargo takes hit on Heinz purchase. According to Moody's Investors Service Inc, Wells Fargo's credit profile took a hit for itsparticipation in the financing of the HJ Heinz Co purchase.
Carestream up for bids. Medical imaging and healthcare technology solutions provider Carestream Health Inc is now in the process of searching for a buyer for its assets.
US Airways and American Airlines name transition committee merger heads. The merger of US Airways Group Inc and American Airlines would create the world's biggest air carrier.
Verizon Awaiting its first LTE Roaming Partner. Verizon Wireless, the North American wireless carrier, is now seeking to sign its first international roaming agreement.
Northstar alleges collusion by Chesapeake and Encana for oil and gas rights. A Michigan landowner is suing both Chesapeake Energy Corp and Encana Corp for antitrust violations alleging collusion between the two energy firms to rig the results of a bidding process for oil and gas rights held back in 2010.
The contentious $15.1 billion takeover of Canadian oil and gas company Nexen Inc by Chinese state-owned entity CNOOC Ltd closed on Monday
Private equity firm Carlyle Group LP is preparing to sell aerospace and defense company Arinc Inc Private equity firm Carlyle Group LP is preparing to sell aerospace and defense company Arinc Inc and HAD hired JPMorgan Chase and Evercore Partners Inc to advise on the process, people familiar with the matter said.
Whitworth's Relational Investors expands industrial stake portfolio. Relational Investors LLC, the flagship firm of Ralph Whitworth, recently disclosed its stake at SPX Corp.
Sinopec purchases 850,000 acres for US$1.02 billion. Half of Chesapeake Energy Corp's assets has just been purchased by China Petroleum and Chemical Corp or Sinopec.
