Grontmij divested its French unit to focus on engineering operations. Grontmij announced Tuesday that it had divested its French monitoring and testing business.
Corporations
APA Group to expand business by purchasing Envestra
APA group presented its offer to buy the rest of Envestra, which it already owns 33% of. APA Group offered to purchase the rest of Envestra Ltd. for about AUD1.
Salesforce.com loans US$300 million for ExactTarget acquisition
Salesforce.com loaned US$300 million for its ExactTarget acquisition. Salesforce. com loaned US$300 million to pay for its acquisition of ExactTarget. The loan was from the Bank of America.
IPO's of NZ-owned utility companies to be a hard task
Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.
Funeral Consumers Alliance protests against funeral home chain's acquisition of competitor
Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor. The Funeral Consumers Alliance (FCA) sent a letter to the Federal Trade Commission (FTC) on Thursday.
Latest News
EDAC Technologies Corporation increased its presence in the industry through a Parkway acquisition Parkway Products revealed that it has concluded the sale of Parkway Aerospace & Defense to EDAC Technologies Corporation.
BDC Venture Capital extended US$150,000 to 10 recent Launch36 graduates. BDC Venture Capital announced Monday that it was extending convertible notes to 10 recent graduates of the Launch36 accelerator program.
Loblaw Companies Ltd. has agreed to acquire Shoppers Drug Mart for CAD$12.4 billion. Two of Canada's largest retailers agreed to incorporate their operations together.
ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd, the largest the largest provider of commercial testing services in Australia set the transaction to acquire one of SCF Partners biggest portfolio.
Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless. Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless.
Greenfield Farms Food, Inc. announced the final amendment for the acquisition of Carmela's Pizzeria.
KRG Capital Partners, through its Vention Medical unit, acquired RiverTech Medical enhancing its presence in the healthcare industry.
Joe's Jeans announced that they have signed an agreement to purchase Hudson Clothing. Joe's Jeans Inc. announced that they have signed a definitive stock purchase agreement with Hudson Clothing Holdings, Inc.
Third Point Re announced that they plan raise US$250 million through an initial public offering of its common stock.
