Emera Inc. announced that it had entered an agreement to acquire three combined electricity generating plants in New England for USD541 million.
Investors
US bank legal bills total USD103 billion
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
Endo Health to acquire private generic drugs firm for USD225 million
Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
Investec leads financing for South African power plants
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Wayra announces its second international “Demo Day”
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
Latest News
Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
LaSalle Hotel Properties announced its acquisition of Serrano Hotel for USD71.5 million. Today, LaSalle Hotel Properties had announced acquisition of San Francisco-based Serrano Hotel.
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Mergers and acquisition in the Middle East would be driven by regional transactions and sovereign wealth funds, aaccording to Barclays Vice Chairman of Investment Banking Makram Azar.
Holcim would pay Cemex to absorb some of its businesses in Europe. Holcim, the Swiss cement maker, is planing to exchange assets and combine others with Cemex, its Mexican competitor in Europe.
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.
Despite being next in line as chief executive of Infosys Ltd, Ashok Vemuri resigned from the company's board.
