Canada-based High Liner Foods would be looking to acquire assets to increase its profit and be the largest frozen seafood company in North America.
Leveraged Buyouts
Mergers abroad cuts corporate taxes in US firms - report
American companies had been seen doing mergers abroad most likely because of the lower taxes available in their new homes.
EU regulators give Aegean Airlines approval to takeover Olympic Air
The European Union approved Aegean Airlines' takeover of Olympic Air. European Union regulators gave approval to Aegean Airlines to purchase Olympic Air.
Koch Bros forays into power market with Texas plant purchase
Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
Manila Electric Corp acquires 20% stake in Global Business Power Corp
Manila Electric Company (Meralco) said that its wholly owned arm would acquire a stake from GT Capital Holdings' power generation unit, according to a report from Reuters.
Latest News
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.
Abraaj Group would put an undetermined amount in AIS Group. The Abraaj Group had announced last Monday a decision to invest in one of its funds in the African Industrial Services Group.
Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.
A Techcrunch report talked about the necessity of top mobile gaming companies and rivals Gamevil and Com2uS consolidating into one gaming empire.
B&G Foods Inc announced today that it had acquired Rickland Orchards through a combination of cash and stock payment.
Today, Biomet Inc announced entering a definitive agreement to buy Lanx Inc. that would be subject to customary closing conditions.
As of 11 a.m. on Monday, the Indian Oil Corp was the only bidder left for the 31% stake of Haldia Petrochemicals, said sources.
