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macy macon

Petronas Offers USD4.7 Billion for Acquiring Canada Shale Gas - 0 views

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    "Petronas, Malaysia's state oil company, has offered to acquire its Canadian joint- venture partner, Progress Energy Resources by making a friendly bid of C$4.8 billion ($4.7 billion), amounting to C$20.45 a share."
macy macon

Japan's All Nippon Airways to Issue New Shares Worth USD2.5 Billion - 0 views

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    "Japan's All Nippon Airways announced that it will issue new shares worth 200 billion yen ($2.5 billion) this month. It plans to use the proceeds to invest in strategic aircraft that have high economic efficiency, especially the state-of-the-art Boeing 787s. "
macy macon

Dentsu to Acquire Aegis for USD4.9 Billion - 0 views

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    "The Japanese advertising company, Dentsu is buying Britain's Aegis Group Plc for 3.16 billion pounds ($4.9 billion) in order to create a global media and marketing network. A company with 33,000 workers will be created as a result of this deal. "
macy macon

JPMorgan (JPM) Botched Trades May Ultimately Lead to USD7.5 Billion Loss - 0 views

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    "The trading losses suffered by JPMorgan Chase's CIO unit may ultimately climb to $7.5 billion in the worst-case scenario. The bank has so far lost $5.8 billion. "
macy macon

Bristol-Myers (BMY) Agrees to Buy Amylin Pharma (AMLN) for USD5.3 Billion - 0 views

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    "Bristol-Myers Squibb Co has agreed to acquire Amylin Pharmaceuticals Inc, a maker of diabetes therapies at a total cost of $5.3 billion as it is desperately trying to replace revenue that it is losing from the declining sales of its blood thinner that is facing generic competition."
macy macon

Glaxo (GSK) Settles Fraud Charges by Agreeing to Pay USD3 Billion in Fines - 0 views

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    "In the largest settlement involving a pharmaceutical company, the British drug maker, GlaxoSmithKline has agreed to plead guilty to criminal charges and pay $3 billion in fines for promoting its best selling antidepressants for unapproved uses and for failing to report safety data about a top diabetes drug. "
macy macon

Germany's Linde Agrees to Buy Lincare (LNCR) for USD4.6 billion - 0 views

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    "German industrial gas producer Linde AG announced Sunday that it will acquire Lincare Holdings Inc, a Florida-based provider of oxygen and respiratory therapy services to patients in the home, for $4.6 billion, to take advantage of the potential growth rate of 6 to 9 percent annually in the home care market."
macy macon

GAO Upholds Pentagon's USD20.5 Billion Contract Award to UnitedHealth (UNH) - 0 views

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    "The $20.5 billion contract awarded to UnitedHealth group Inc by the Pentagon has been upheld by the Government Accountability Office. TriWest Healthcare Alliance Corp's hopes of being able to persuade the Defense Department to reconsider its decision were dashed. "
macy macon

VW to Mop up Balance Stake in Porsche for USD5.6 Billion | ~~~Global News World~~~ - 0 views

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    "Volkswagen has acquired the 50.1 percent stake in Porsche that it does not own already, for $5.6 billion. It had to reach an agreement with the German tax authorities before it could proceed with the transaction."
macy macon

Qatar Holding Asks for Higher Xstrata Price From Glencore - 0 views

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    "Glencore International Plc's 16.9 billion pound ($26.4 billion) bid for the rest of Xstrata Plc was opposed by the Qatar Holding LLC, the second-largest shareholder in Xstrata asking for the bid to be increased by 16 percent."
macy macon

David Jones Confirms Withdrawal of Bid by UK Firm - 0 views

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    "A takeover bid of A$1.7 billion ($1.74 billion) by a virtually unknown UK-based private equity fund for acquiring David Jones, Australia's second largest department store chain, has been withdrawn. After surging 15 percent, its shares slipped back 8.5 percent. "
macy macon

Largest Ever Penalty of USD3.7 Billion Imposed on Enbridge for 2010 US Oil Spill - 0 views

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    "A fine of $3.7 million has been imposed on Enbridge Inc over a July 2010 crude oil spill, which contaminated stretches of the Kalamazoo River in Michigan. It was the largest penalty ever imposed by the US pipeline regulator."
india incorporated

Cisco submits $5 billion proposal - 0 views

American technology giant Cisco is betting big on India and has submitted a proposal to the government as part of the Make in India initiative.Cisco has proposed investing $5 billion over the next ...

investment

started by india incorporated on 28 Nov 14 no follow-up yet
india incorporated

Indian companies display global M&A appetite boost - 0 views

Indian companies displayed a robust appetite for global mergers and acquisitions (M&As) if the latest figures for 2015 are anything go by.According to News Corp's financial research platform VC...

Make in India FDI Niti Ayog

started by india incorporated on 16 Mar 16 no follow-up yet
macy macon

Las Vegas Airport Being Revamped to Boost Business | Sharewell Newswire - 0 views

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    "A project that started in 2008 for revamping the McCarran International Airport at Las Vegas will finally culminate this week with the opening of a $2.4 billion airport terminal that will help lift the economy of Nevada from the deep abyss of the Great Recession."
macy macon

Boeing (BA) Replaces Albaugh with Conner as Head of Commercial Plane Unit - 0 views

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    "Boeing has appointed Ray Conner to replace Jim Albaugh as the new head of its best known commercial plane unit in order to gain an upper hand in its battle against Airbus for the $100 billion-a-year aircraft market. "
macy macon

Madoffs Brother Decides to Plead guilty - 0 views

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    "Peter B. Madoff is expected to plead guilty to criminal charges on Friday in Federal District Court in Manhattan. He has agreed to a prison term of 10 years as part of his plea deal and to forfeit $143 billion. "
macy macon

Bankrupt Hawker Negotiating A USD1.8B Sale Plan with Chinese Company - 0 views

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    "Bankrupt aircraft maker Hawker Beechcraft Inc said it was in exclusive talks with a Chinese aerospace firm Superior Aviation Beijing over a sale of the company for $1.79 billion."
macy macon

Intel to Acquire 15 Percent Stake in ASML for USD4.1 Billion - 0 views

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    "Intel Corp has decided to invest $4.1 million to acquire 15 percent stake in Dutch chip-equipment maker ASML Holding NV with the intention of reducing the time needed to adopt new production techniques by two years."
macy macon

Global Slowdown Concern Apparent in Cummins' (CMI) Reduced Sales Outlook - 0 views

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    "Concerns regarding the global slowdown were heightened when Cummins lowered its full-year sales projections attributing it to weak demand for its heavy machinery. It expects sales to remain flat at last year's level of $18 billion."
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