Russian billionaire Mikhail Fridman has teamed up with other investors to bid for German utility RWE's oil and gas unit DEA, three people familiar with the deal said
The following bids, mergers, acquisitions and disposals were reported on Tuesday including Nokia, IntercontinentalExchange Group, Goldman Sachs and others.
According to a Reuters report, the sale of Exxon Mobil Corp's controlling interests in utility and power firms Castle Peak Co Ltd and Hong Kong Pumped Storage Development Co would help the global oil firm return money to investors and focus more on its core businesses.
CLP Holdings said it will be purchasing stakes in Castle Peak Power Co and Hong Kong Pumped Storage Development Co for a price tag of USD 1.8 billion.
Schweitzer Mauduit International Inc announces conference call to discuss agreement to acquire Delstar, a leader in the filtration industry
Fusion Group has sold UK-based gas meters supplier Meter Provida Ltd to Total Capital Partners. The transaction was facilitated by Avondale but no financial terms were disclosed.
A wave of initial public offerings on the London Stock Exchange appeared to have made investors' appetite waning, which prompted stocks of companies who had launched or is in the process of launching an IPO drop to below offer prices.
Despite Daniel Loeb's assurance that he or his hedge fund Third Point LLC does not have any plans to ouster FedEx Corp founder, chairman and chief executive Fred Smith, an analyst said
California-based company Selligy raised USD2.8 million in a Series A round to fund the integration of its customer relationship management (CRM) app with iPad and Android devices.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.
Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.
A new CEO was recently installed for billionaire Eike Batista's OSX as it prepares itself for bankruptcy and other legal processes, according to its lawyers.
Viola Private Equity's 19.5% stake in filtration technology company Amiad Water Systems Ltd. had been put up for sale. The investment firm's stake in the company is now worth GBP12 million.
For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.