Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.
Corporations
Noodles & Co. Doubles in Debut After Pricing IPO
Noodles & Co increased above its price range during the first day of trading and sold 5.36 million shares valued at US$18 per share piece yesterday.
Tiger Airways invests on 'niche' Philippines
Tiger Airways will pioneer a new route in the Philippine budget airline market. (Photo : Reuters)The office of a Tiger Airways ticketing office. Due to the recent spotlight on the Philippines' tremendous economic growth, Asia's low cost airline carrier Tiger Airways takes the opportunity to invest into what it considers to be a 'niche market.
Canadian investors want protection from Pakistan
Canadian investors fear the lack of transparency and inappropriate conduct from Pakistani government.
Bankia sells Inversis stake to Banco de Madrid
Banco de Madrid gained Bankia's stake at Inversis. (Photo : REUTERS)Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash.
Latest News
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Today, Blue Wolf Capital Partners LLC announced acquisition of Suwannee Lumber Co through its affiliate Blue Wolf Capital Fund III LP.
Amgen announced an offered acquisition for biotech Onyx Pharmaceuticals at US$120 per share piece.
David Neeleman, founder of JetBlue Airways was reported to put together an investment fund amounting to US$3.2 billion to buy back JetBlue and gain control in TAP.
Copano Energy announced today that the company has reached settlement for the claims that have risen from the acquisition of KMP last May 1.
Time Warner Cable stated that it would rather go into acquisitions than be bought by billionaire John Malone.
Peugeot unions voiced concerns in the proposed deeper tie-up plans for the company and General Motors.
ABRA announced today its acquisition of Royal Auto Glass but did not disclose the terms of the deal.
Coca-Cola FEMSA announced an agreement to acquire Companhia Fluminense for US$448 million in cash. (Photo : Reuters )The image shows Coca-Cola Co soda products.
