Rona Inc, in a bid to be more competitive, is further cutting back on overheads and salaries. (Photo : Reuters)The image is the corporate logo of Rona Inc.
Sectors
Adobe Acquires Neolane for US$600 Million
Adobe Systems Incorporated announced its acquisition of Neolane, a privately held software platform for a deal priced at US$600 million in cash.
UPDATE: Empire State Building Owners Receive Third Acquisition Offer
Empire State Building owners received its third unsolicited offer for the iconic skyscraper. (Photo : Reuters)The image is the Empire State Building in the twilight.
Malone Looks Options for Charter Communications
John Malone, chairman of Liberty Media took a look at different options for the acquisition of its bigger rival, Charter Communications.
Rumors Untrue according to Lukoil Head
Speculation of a takeover bid from Rosneft, Lukoil's head squashed said rumors. (Photo : Reuters)The image is the corporate logo of Lukoil. According to Lukoil CEO, the company did not receive any takeover offers nor do they expect any other firm to make one for the company.
Latest News
TD Bank entered into an agreement with Aeroplan under Aimia's management. (Photo : Reuters)The image is a TD Canada Trust Bank branch on a busy sidewalk.
Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Last Wednesday, Religare announced the investment of US based bank, Customers Bancorp Inc valued at US$51 billion.
Itau Unibanco bought 99.99% of BMG Seguradora. (Photo : Reuters)The image is an Itau Unibanco branch, the top global debt manager. The largest private sector bank in Brazil, Itau Unibanco Holding SA, had entered into an agreement to purchase insurance firm BMG Seguradora SA for the price of 85 million reais or US$39 million.
Duke Street bought 35 percent of Paris-based Tikehau. (Photo : Reuters)This is a region in France where Tikahau Group holds headquarters. Duke Street agreed to partner with Tikehau Group, a private investment company based in Paris, France.
Silverback announced its acquisition of Noetix Corporation. (Photo : Reuters)Oracle E-Business Suite is a service offered by Noetix. Silverback Enterprise Group announced on Thursday that it has successfully bought Noetix Corporation, a software products provider based in Redmond, Washington.
Panzura received backing from SanDisk Ventures, a SanDisk Corp. subsidiary. (Photo : Reuters)This is the logo of Sandisk. SanDisk Ventures, a venture unit of SanDisk Corp.
Jim Douglass was announced as Fulcrum's new partner. (Photo : Reuters)This is the logo of Fulcrum Equity Partners. Fulcrum Equity Partners announced today that Jim Douglass as its new partner.
Expera Specialty Solutions acquired Wausau Paper (Photo : Reuters)This is the logo of Wausau Paper. Towel and tissue products producer and distributor Wausau Paper agreed to a deal with Expera Specialty solutions which includes the sale of its specialty paper business.
