GDF Suez acquires Balfour Beatty Workplace for under USD 295 million

GDF Suez announced that it will be buying Balfour Beatty Workplace by the end of the year for less than GBP 190 million.


Joint venture Ford Sollers reduces production in Vsevolozhsk plant

Ford Sollers said it will be reducing production of compact cars made in its Vsevolozhsk plant. Ford Sollers announced that it is slated to reduce production in its Vsevolozhsk plant located near St.

Carlos Slim's America Movil offers EUR 7.2 billion or USD 9.6 billion for KPN's E-Plus

America Movil offered to buy KPN's E-Plus for EUR 7.2 billion or USD 9.6 billion, a move that rivaled Spain Telefonica's bid made last month.

Martin Blessing says he will stay with Commerzbank until reorganization is complete

Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.


Latest News

TreeHouse Foods said it has forged an agreement with TorQuest Partners to buy Associated Brands GP Corporation.
SetPoint Medical scored USD 27 million in funding from new and current investors to expand its neuromodulation and bioelectronic treatment modalities for inflammatory diseases.
ConocoPhillips said it will be selling its leasehold in the Clyden oil sands for USD 720 million to Imperial Oil Ltd and ExxonMobil Corp's Canadian unit.
The Center for Innovative Technology (CIT)announced its investment in WealthForge Holdings Inc made through its private equity arm, CIT GAP Funds.
Colorado-based FitBionic raised USD 2.2 million to support the global launch of its first product. Colorado-based FitBionic raised USD 2. 2 million in support of the global launch of its first product.
Honda Motor Co announced its plans to build a new car plant in Brazil. Honda Motor Co announced its plans to build a car plant in Brazil. The investment will cost the Japanese car manufacturer USD 440.
State-owned China Railway Corporation announced that it will boost its investment in fixed assets this year to CNY 660 billion.
Sources told Reuters that Hong Kong-based Chong Hing Bank Ltd has received a potential merger and acquisition offer from a firm controlled by the Guangzhou city government.
A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc. A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc.
California-based cloud and mobile testing company Soasta Inc announced that it was able to raise a total of USD 30 million in growth-stage funds.
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