Bombardier agrees to sell for up to 42 new C-series jets to Ilyushin Finance Co in possible $3.42 billion deal
North America
Deals of The Day — Mergers and Acquisitions
Bids, mergers, acquisitions and disposals were reported on Thursday The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:- Ferrovial is to buy British utility services company Enterprise Plc for 385 million pounds ($589 million) from 3i Group, the Spanish infrastructure group's first major purchase after a long debt-cutting drive.
Wells Fargo Increases Equity within Volcker Rule
Wells Fargo continues private equity investment activity despite Volcker Rule. Wells Fargo and Co CEO Dick Kovacevich initially had reservations about banks dabbling in private equity investments.
Sigma Announces Release of Photo Pro 5.5
Sigma Corporation improves software capabilities with Photo Pro 5.5. (Photo : Reuters) Sigma Corporation of America, the manufacturer and developer of the most impressive lenses, cameras and flashes has recently unveiled the Sigma Photo Pro 5.
Ottawa Approves ExxonMobile's Acquisition of Celtic Exploration Ltd. in $3.1 Billion Deal
Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.
Latest News
MGM Resorts chair Jim Murren said Crystals luxury mall has potential buyers (Photo : Reuters) MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.
The New York Times is putting up the Boston Globe group for sale for a second time (Photo : Reuters) For the second time, the prestigious Boston Globe has been put up for sale by its current owners, the New York Times Co.
ExxonMobil purchases Celtic Exploration (Photo : Reuters) In compliance with the Investment Canada Act, the Canadian Minister of Industry has recently announced the approval of the acquisition by ExxonMobil Canada Ltd of Celtic Exploration Ltd.
Essex Property purchases Fox Plaza property Essex Property Trust, Inc. , one of the foremost property developers in the West Coast has expanded in its property interests in San Francisco, California with the recent purchase of the Fox Plaza.
Forstmann Little is now deep into preparation for the sale of IMG, the sports and modelling agency. IMG, one of the most prominent talent agencies in the world who represents such names as Serbian tennis superstar Novak Djokovic as well as Brazilian supermodel Giselle Bundchen-Brady has recently been put up for sale.
Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.
Aeolus enters agreement with accredited investors on private placement financing worth of 3.2 million dollars
Standard Chartered has announced the appointment of Tom Emmet to lead merger and acquisition activities in the Middle East and North America.
Target has sold its credit card portfolio in the U.S. to TD Bank to pay debts. American retailing company Target Corp. announces its agreement on the sale of its existing credit card portfolio in the U.
