Deals
Vornado sells 866 UN Plaza for USD200 million
Vornado Realty Trust announced its intention to sell its Manhattan office building for USD200 million.
L.B. Foster acquires Ball Winch Pipeline Services
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Roozt launches equity investment round at Crowfunder
Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
Artiman Ventures to open fifth formal investment fund
Artiman Ventures unusual investment strategy has been successful as it provides seed investment fund for firms.
Latest News
Royal Oak Recycling is the business name of V&M Corporation and the firm was recently acquired by Rizzo Environmental Services Inc.
Media General Inc and New Young Broadcasting Holding Co would be waiting for regulatory approvals in order to complete the merger after obtaining positive shareholder vote from the Richmond-based broadcasting company.
Essilor International paid USD21.50 per share for Costa purchase. Essilor International would be purchasing sunglass maker Costa at the approximated price of USS270 million.
Investment banks reportedly been courting Siemens AG to spin off its healthcare business. According to a Bloomberg report, Siemens AG Joe Kaeser may be able to obtain USD7 billion in value should he break off the company's healthcare business.
Field specific information would be received by farmers from DuPont Pioneer The agricultural seed unit of DuPont, DuPont Pioneer, announced last Friday it had aligned with Deere & Co, the farm machinery company to compete against rival Monsanto in providing enhanced 'precision agriculture' analysis with the goal of maximizing crop production.
Preliminary plans obtained by the San Francisco Chronicle revealed that one of Google's floating barges would be an interactive showroom for about a thousand visitors daily.
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
Progress Energy Canada, the Canadian unit of Malaysia's state owned oil firm Petronas, purchases stake in Montney field.
Building Robotics, an Oakland, Ca.-based company, creates intelligent software systems for offices. Intelligent software systems maker Building Robotics recently acquired USD1.
An announcement made last Thursday of a realignment in priority drug research projects prompted Citi analyst to advise shareholders of a possible interest divestment in diabetes drug joint venture between Bristol-Myers Squibb and AstraZeneca.