Kinder Morgan Canada Terminals has entered into long-term contracts to support construction of an additional 1.2 million barrels of merchant storage capacity at Trans Mountain Pipeline's Edmonton terminal in Alberta
Industrials
Larsen MacColl Sells Portfolio Company to Sansei Yusoki
Larsen MacColl has sold a majority stake in its portfolio company, S&S Worldwide to Sansei Yusoki Co. Ltd.
Russian Billionaire Prokhorov Nearing Deal to Sell Polyus Gold Stake - sources
Russian billionaire Mikhail Prokhorov's Onexim company is close to agreeing the sale of a stake in Polyus Gold
Starwood Property, Starwood Capital to buy LNR Property for $1 Bln
Starwood Property and Starwood Capital said they would buy LNR Property for $1.05 billion in cash Starwood Property Trust Inc and investment firm Starwood Capital Group said they would buy LNR Property LLC for $1.
Deals of the day — mergers and acquisitions
Bids, mergers, acquisitions and disposals reported on Wednesday The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:- Private equity firm Electra has hired Rothschild to explore a sale or a refinancing of electronic animal identification company Allflex, which is worth about $1 billion, four industry sources with knowledge of the plan said.
Latest News
Kuwait's parliament approved an amended draft law on Wednesday paving the way for the long-overdue privatisation of Kuwait Airways
Santacruz Silver Mining enters into C$30 Million bought deal common share financing Santacruz Silver Mining Ltd. (TSXV: SCZ) entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp.
Spirit Realty will merge with Cole Credit Property Trust II to create a commercial real estate firm with a combined value of $7.1 billion.
European Medgold acquired the Grasceta gold exploration licence, located in southern Tuscany Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, announced today that it acquired the Grasceta gold exploration licence, located in southern Tuscany, Italy.
One of hedge fund billionaire Steven A. Cohen's largest outside investors, private equity firm Blackstone Group LP, appears inclined to keep its money with his SAC Capital Advisors, even as the U.S. government scrutinizes the fund in its ongoing insider trading probe.
The U.S. economy grew faster than previously thought in the third quarter, helped by exports and government spending, but a sluggish world economy and belt-tightening by Washington looks set to put on the brakes again.
Thailand's Charoen Pokphand (CP) Group, controlled by the country's richest man Dhanin Chearavanont, has taken over global bank HSBC's 15.6 percent stake in China's Ping An Insurance, one of world's largest insurers.
McDonald's Corp's sales at established restaurants rose more than expected in November as a renewed emphasis on low-priced menu options, such as $1 Sausage McMuffins and coffee, helped the company bounce back from a rare decline in October, it said on Monday.
Mobile telecoms equipment maker Nokia Siemens Networks (NSN) decided to hive off its optical fiber networks unit to private equity firm Marlin Equity Partners in a bid to focus solely on mobile broadband.
