The Board of Directors of Income Streams III Corporation announced the final regulatory approval for its merger into Dividend Split Corp which is set to take place on December 1, 2013.
Corporations
Barrick and Goldcorp seek sale of Nevada mine
Canadian large-scale gold mining companies Barrick Gold and Goldcorp have separately hired banks to explore the sale of their jointly owned Marigold mine in Nevada.
Three rivals compete to buy Rexam packaging unit
UK-based company Rexam received offers to buy its healthcare packaging unit from Silgan Holding Inc, Berry Plastics Group, and Gerresheimer for less than USD1 billion.
Fusion Group divests Meter Provida Ltd to Total Capital Partners
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.
Britain's WPP denies bid for IPG takeover
Britain-based advertising group WPP denied a report from The Daily Mail's that the company is planning a takeover bid for US-based marketing group Interpublic (IPG).
Latest News
Chilean drug maker CFR Pharmaceuticals issued a formal bid to acquire 100% of the issued share capital of South African pharmaceutical company Adcock Ingram Holdings Limited for USD1.26 billion.
Amphenol Corporation entered into a definitive agreement to acquire the Advanced Sensors business of GE for USD318 million, which will be subject to closing conditions and regulatory approvals.
UK healthcare facility investor Primary Health Properties would be consolidating with its rival Prime Public Partnerships in a GBP41 million agreement that will result to a combined portfolio of 257 properties valued at GBP942.3 million.
Construction group Murray & Roberts Holdings, Ltd announced that it had secured a material requirement to move forward with its buyout of Australian engineering company Clough Ltd.
Canadian dairy company Saputo Inc was one step ahead of clinching the win to take over Warrnambool Cheese and Butter Factory Co Holdings Ltd, when the former's revised bid received the recommendation of the latter's board of directors.
Siem Industries and Topcon Corporation raised the bid for Norwegian satellite positioning system firm Veripos. Siem and Topcon offered NOK30 in cash for each Veripos share.
Chicago-based marketing technology BrightTag secured USD27 million funding from Yahoo! Japan. The Japanese internet company's investment brought BrightTag's fund total its has raised so far to USD50 million.
Multinational telecommunications company CenturyLink Inc. said it will sell USD750 million in newly-issued unsecured senior notes due in 2023. Proceeds from the offering will be used to repurchase 2018 notes of its subsidiary Qwest Communications.
Atlanta, Georgia-based healthcare management solutions provider Streamline Health Solutions Inc announced its intention to acquire two companies to improve its existing solutions for patient care.
