Weyerhaeuser added about 6.6 million acres of timberland to its ownership after buying Longview Timber.
Sectors
UPDATE: Lowe’s Steps In after Orchard Supply Files Chapter 11
Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
Cinven Seals Eur1 Billion from Banks to Finance Ceramtec Buyout
Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
Hilco Brands buys NY-based Portico Brand Group
Hilco Brands purchased two brands under Portico Brand Group. (Photo : Reuters)Home improvement and consumer goods are represented by the Portico Brand.
Bain, Altor Complicate Marine Harvest’s US$1.1 Billion Hostile Bid
With a US$1.1 billion offer for the Cermaq's fish feed unit, Bain Capital and Altor complicated Marine Harvest's plans of acquiring the entire firm with a US$1.7 billion deal.
Latest News
Contradicting statements from a Spanish newspaper, Telefonica said that it has not received any expressed interest from US based AT&T.
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
UK-based NVM Private Equity backed Cleveland Biotech buyout. (Photo : Reuters)The image is a biotechnology lab that is the subject of investments by Tullis Health Investors.
Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Amazon took over Webvan, an online grocery firm, twelve years after being shut down. (Photo : Reuters)The image is the logo of Amazon. com Webvan, an online grocery start up, may have been the single and most expensive flame out of the online era.
MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.
