Apache Corp Shaken Up Activist Investor Style

Apache Corp is undertaking corporate moves to improve its bottom line. Houston based natural gas and oil producer, Apache Corp will be undertaking major changes with its balance sheet.


Ibercaja to acquire Caja 3

Ibercaja has finalized an agreement to purchase Caja 3. Ibercaja, the mid sized Spanish financial institution, said on Thursday that it has settled an agreement to buy out Caja 3, a smaller Spanish bank.

Fidelity National and Thomas H. Lee Discussing Possible Acquisition of Lender Processing

Fidelity National and Thomas H. Lee discuss acquisition of Lender Processing for US$133 per share. According to a report from Reuters, a source knowledgeable of the matter related that Fidelity National Financial Inc and Thomas H.

GE Co. May Spin Off Financial Arm Through IPO

General Electric Co. is planning to spin off parts of GE Capital through an initial public offering as it pursues its aim to cut the size of the business, Jeffrey Immelt, company's chief executive, said.


Latest News

OneWind Australia is nearing the completion of the Glen Innes Plant in New South Wales which can generate 100 megawatts by 2015.
Arabtec is preparing to do a rights issue worth around US$650 million. Arabtec, the contractor based out of Dubai and partly owned by Aabar Investments of Abu Dhabi, is now preparing for a US$650 million rights issue scheduled on June 9.
Sinopec shares open on weak investor demand in the market. Sinopec Engineering, amidst all the hoopla, opened to a weak demand in its market debut Thurday.
VL Automotive, a venture between Former General Motors Co. executive Bob Lutz, China's Wanxiang Group and industrialist Gilbert Villarreal, is bidding to acquire Fisker Automotive through a prepackaged bankruptcy deal.
FF&P returns funds and dividends to is investors, a rare occurrence in Russian corporate life. Garber Hannam & Partners together with Fleming Family & Partners disclosed the final distribution of dividends its the stockholders of FF&P Russia Real Estate Limited (RREL).
Wanderful Media receives new US$9 million capital infusion. In an announcement by Wanderful Media today, it disclosed that it was able to secure an additional US$9 million capital from its current investors.
Spain is planning to sell 15 year syndicated debt in light of the low yields of previous issues. Spain, in a bid to increase its liquidity, is planning to issue a 15 year bond sale through chosen banks this year.
According to a Reuters report, Alinta is drafting a plan for a US$1 billion debt issue for its TLB debt.
BEH sets meeting for possible investors for its Eur250 million bond issue. Reuters reported that the biggest energy holdings firm of Bulgaria, BEH, will be sitting down with possible investors in its EUR250 million or US$321.
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.