Investors
France's Aulnay plant closes shop
Like a death in the family, union members of PSA Peugeot Citroen factory located in Aulnay, France mourn the closure of the 40 year old plan.
DuPont to spin off high end chemicals unit
In a tax free spin off, DuPont would be able to spend just USD0.01 to USD0.02 per share. The largest chemicals maker in the United States in terms of value, Dupont Co.
Live Nation Entertainment buys Voodoo Music & Arts Experience for undisclosed sum
Live Nation Entertainment acquired Voodoo Music & Arts Experience. Entertainment firm Live Nation announced that it had bought Voodoo Music & Arts Experience.
Demand rises in Asia for independent asset managers- Taurus Wealth Advisors
Taurus Wealth Advisors said independent asset managers could see the assets they oversee in Asia rise.
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TD Commercial Banking provided USD 1 million in financing to Pliteq Inc. Toronto-based engineering firm Pliteq Inc was able to secure USD 1 million in financing from TD Commercial Banking.
The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.
Eneva SA, whose main shareholders EON SE and Eike Batista Brazilian utility firm Eneva SA, whose main shareholders are German EON SE and Brazilian mogul Eike Batista, is in discussion with banks and its partners on means to avoid the redemption of USD300 million worth of indebtedness owed by a natural gas company it owns with Batista.
Microinverter maker Sparq Systems Inc secured USD 2.75 million from MaRS Cleantech Fund and other venture capital firms.
Canada-based Saputo's bid of USD 432 million had so far bested all other offers for Warrnambool Cheese & Butter Factory Co.
The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
The procedures for the Nov 19 auction had been approved by a bankruptcy court. US supermarket chain Fresh and Easy Neighborhood Market Inc won approval in court of its scheduled Nov.
ICU Medical Inc sought to sell itself but recent negotiations had broken down with one prospect, GTCR LLC.
DIRTT filed for a USD 45 million initial public offering in Canada. Doing It Right This Time or DIRTT Environmental Solutions said it had filed for an IPO in Canada to raise gross proceeds of USD 45 million.
Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.