The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Energy
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.
Talisman Energy sells shareholdings to Progress Energy Canada
Progress Energy Canada, the Canadian unit of Malaysia's state owned oil firm Petronas, purchases stake in Montney field.
NewWorld Capital Group makes strategic investment in Astrum Solar
NewWorld Capital made a strategic investment in Astrum Solar together with CCM US and Constellation.
Brookfield Renewable Energy Partners agrees on stake purchase of hydroelectric assets
Brookfield Renewable Energy Partners said it would buy hydroelectric assets in Maine and California from ArcLight Capital Partners.
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Petronas Chemicals Group Bhd would be selling a 93.1% ownership stake in Phu My Plastics and Chemical Company Ltd (PMPC) to Asahi Glass Co Ltd and Mitsubishi Corporation.
Power transmission product maker inked a definitive deal to acquire Danish energy company Svendborg for EUR80.1 million.
A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
Propane supplier NGL Energy Partners LP acquires Gavilon LLC for its midstream supply business. NGL Energy Partners LP, the propane gas supplier, announced it would purchase Gavilon LLC, a pipeline company.
John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
