Utilities

WP Carey to expand its property holding through acquisition of CPA 16

WP Carey announced that they are set to acquire Corporate Property Associates 16-Global Inc. W. P Carey Inc. said that they have agreed to acquire one of the companies that they manage as part of the expansion of its property holdings.


CBS set to buyback US$5.1 billion worth of stocks

Media leader, CBS Corp, said that they are set to buyback US$5.1 billion worth of shares CBS Corp announced that that its board of directors approved the repurchase of US$5.

United Petroleum opens doors for possible sale

United Petroleum announced that they are considering offers for possible acquisition or joint venture deals.

Time Warner and CBS to continue negotiations

CBS Broadcast Network and Time Warner Cable Inc announced that they will continue their negotiations for broadcast fees.


Latest News

The Alaska Permanent Fund Corporation committed to invest in funds managed by the Carlyle Group. The Alaska Permanent Fund Corporation agreed to invest US$750 million in funds handled by the Carlyle Group.
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
Puerto Rico's PREPA announced that they are set to announce the pricing for their mid-August bond deal.
ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
Threshold Power Trust announced that to raise funds for further investments, they will be taking the company public.
I Squared Capital opened a US$2 billion fund which will be used to invest in energy, utilities and transportation.
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.
Aston Capital forms financing to help consumers invest in LED projects. A private equity firm will provide financing solutions for Revolution Lighting Technologies customers who want to switch to LED lighting but lack the money to do so.
After interviews were held last week, Gulf Keystone's board of directors would advise the shareholders not to vote for the M&G nominees.
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