Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
Corporations
Nokia follows Ericsson in networks focus
Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.
Trader pays USD5.2 million settlement for Smithfield insider trading case
A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.
Trial for Fiat's fight over Chrysler to start by 2015
According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.
Source: AT&T, Sawiris eye on Telecom Italia
After the Verizon-Vodafone USD130 billion deal, AT&T and Billionaire Tycoon Naguib Sawiris was reported to see Telecom Italia to be its next target.
Latest News
ATK announced today that a definitive agreement has been set with Bushnell Group Holdings Inc to acquire the latter for USD985 million.
In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.
Today, Parkway Properties Inc. announced that it had agreed to merge with Thomas Properties Group Inc. in a stock-for-stock transaction.
SDR Ventures announced the acquisition of Zeus and Company Pet Supply Distributors by Pet Food Experts.
Hyundai said it had reached a preliminary agreement with its union to help end the strike that had crippled their vehicle production.
TPG Capital-backed Surgical Care Affiliates filed for a USD 100 million US IPO. A regulatory filing revealed that Surgical Care Affiliates Inc filed for an initial public offering (IPO) in the US.
Philippine real estate developer Megaworld Corporation would be adding PHP10 billion to its PHP25 billion development fund for the 72-hectare Iloilo Business Park located in the Visayas region.
Qualcomm and Samsung offered to the public the Toq and Galaxy Gear as an alternative to the smartphone.
A source told Reuters that Naguib Sawiris, America Movil and AT&T made preliminary contact with the core investors in Telecom Italia who wanted to exit the company.
