In a joint statement on Monday, Packaging Corp. of America (PCA) agreed to purchase Boise Inc. for an aggregate transaction value of USD1.995 billion.
Sectors
PubNub announces Series B funding round closure
A USD11 million Series B funding round was closed by PubNub with known technology investors. The only global Real-Time Network, PubNub recently announced it had closed a Series B funding round raising USD11 million.
Sun capital eyes Jones Group's department stores - report
Sun Capital Partners, headed by Marc Leder, was reportedly interested in placing a bid on The Jones Group's department stores.
Australia's Bell Group saga ends with a settlement
A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.
Clean Harbors acquires Evergreen Oil for USD60 million
Clean Harbors, a Massachusetts-based environmental services company, acquired Evergreen Oil in a USD60 million deal.
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Formal agreements were recently signed between Confie Seguros and Affirmative Insurance Holdings as to the acquisition of the retail distribution arm of AFFM.
Prime Minister Norovyn Altankhuyag of Mongolia announced his government's plans to buy a strategic stake in Areva Mongol's uranium venture.
Philips announced plans to return EUR 1.5 billion back to its shareholders. Netherlands-based electronics firm Philips said it had plans of returning EUR 1.
French investor Perceva would take over Monceau Fleurs Group through recapitalization. Independent turnaround investor based in France Perceva had announced it would be taking over the Monceau Fleurs Group.
Amazon UK said it was already looking into why some customers received copies of Grand Theft Auto 5 a few days earlier than its official launch date.
The publisher of Penthouse magazine, FriendFinder Networks, filed for Chapter 11 bankruptcy. FriendFinder Networks filed for bankruptcy under Chapter 11.
Morgan Creek Capital Management opened a new class of fund called Morgan Creek Tactical Allocation to allow retail investors access to exclusive investment portfolios.
In an interview with Reuters, Maurel & Prom CEO Jean-Francois Henin said his company was mulling a secondary listing in London.
Sharp planned to issue 450 million new shares in a USD 1.7 billion fundraising plan. Sources told Reuters that Sharp Corp would be issuing 450 million new shares to raise funds.
