INDUSTRY
08 September 13:17
California regulators are seeking fines of up to $9.9 billion from a unit of health insurer UnitedHealth Group Inc, citing mismanaged medical claims, failure to pay doctors and other lapses...
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08 September 06:45
Shanghai Pharmaceuticals Holding Co Ltd, the Chinese partner of Roche Holding AG, said it plans to raise at least 8 billion yuan ($1.2 billion) through a public share offering in...
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08 September 01:00
Continuing a string of healthcare M&A deals, Healthspring Inc recently announced it has entered into a $545 million merger agreement to acquire all the...
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07 September 00:30
Cancer treatment and its underlying technology just took a noteworthy step forward, via a JV between Accuray, the U.S. radiosurgery company, and Siemens, the German engineering group. The deal is notable...
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06 September 03:34
AstraZeneca stepped up its drive into emerging markets by striking another licensing and supply deal with an Indian generic drugmaker, this time Aurobindo Pharma...
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05 September 12:42
French drugmaker Sanofi-Aventis would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person familiar with the matter...
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01 September 13:41
Eli Lilly & Co won a patent battle protecting its osteoporosis drug Evista, as an appeals court declined to toss out a permanent injunction preventing production of a generic copy of the medicine...
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01 September 12:45
Medical professional liability insurer ProAssurance Corp said it would buy smaller rival American Physicians Service Group for $233 million in cash to expand in...
Reuters News
01 September 12:40
Allergan Inc has agreed to plead guilty and pay $600 million to resolve a federal probe of its marketing practices for the injectable wrinkle smoother Botox, the company and...
Reuters News
31 August 09:45
Health insurer Cigna Corp said it acquired a privately held Belgian medical insurance and employee benefits provider to expand its expatriate benefits business in Europe...
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31 August 02:00
A string of healthcare acquisitions by Kindred Healthcare shows that healthcare M&A is expanding beyond the bounds of the pharmaceutical industry…finally...
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30 August 08:00
Genzyme Corp rejected an $18.5 billion takeover offer from French drugmaker Sanofi-Aventis, saying it dramatically undervalues the company...
Reuters News
30 August 01:30
Express Scripts, a leading U.S. pharmacy benefits management company, has benefitted from a shiny new $750 million credit facility of its own...
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29 August 21:49
France's Sanofi-Aventis publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks...
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25 August 00:30
M&A financing remains in short supply around the world, and with the financial cupboard bare, UK companies are looking to an older form of trade to do business – trading assets instead of money…
Precedent Watch
23 August 00:15
Frantic activity in the pharmaceutical industry shows no sign of slowing, with two additional pharma deals announced this week…
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20 August 03:00
Healthcare deals appear to be built on strong real estate, but it may turn out to be on surprisingly thin ice, given the heat of regulation. Recent deals by…
Precedent Watch
20 August 00:30
The pharma industry must be taking activity-boosting drugs, to judge from the quickened deal pace over the last week. The spate of recent deals includes two mergers, a PIPE, a private placement, and an IPO...
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19 August 18:00
The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check...
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19 August 00:05
An FDA grant of “orphan drug” status could help bring an experimental cancer drug to market for Israel’s BioCancell Therapeutics…
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18 August 07:33
Swiss drugmaker Novartis is seeking to use Swiss merger law to push through its buy of a minority stake in U.S. eyecare group Alcon, which would give it full control of the group...
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16 August 14:08
Union members at AstraZeneca have voted to strike over the proposed closure of the pharmaceutical giant's final salary pension scheme, the GMB union said...
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16 August 09:35
Pacific Biosciences of California Inc filed with U.S. regulators to raise up to $200 million in an initial public offering of common stock...
Reuters News
16 August 08:23
Medco Health Solutions Inc said it would acquire privately held United BioSource Corp for about $730 million to boost its safety-monitoring capabilities for medicines and...
Reuters News
16 August 01:30
The contract is inked, the funds are dispersed, and the deal closed – now who is bearing the post-closing risks? The importance of this risk-allocation has grown, thanks to...
Precedent Watch
16 August 01:00
Despite the PRC State Council’s reaffirmation of its continued support for foreign direct investment, the terms of a recent FCPA settlement between the SEC and General Electric has some U.S. investors pausing to cross their legal Ts and dot their due diligence Is…
Precedent Watch
13 August 16:00
ExamWorks Group Inc filed with U.S. regulators to raise up to $172.5 million in an initial public offering of its common stock...
Reuters News
13 August 01:30
EU competition issues can slow down many an EU merger but with companies sweet talking the European Competition Commission into accepting their own divestiture plans even mega-takeover deals are getting an EU seal of approval…
Precedent Watch
13 August 00:15
Israel’s D.Medical, an as-yet-unprofitable insulin therapy company, has called in some high-end legal talent to help launch its American IPO...
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10 August 07:30
Richmond Honan Medical Properties Inc filed with U.S. regulators to raise up to $257.6 million in an initial public offering of common stock...
Reuters News
09 August 13:45
Swiss drugmaker Novartis received approval from European Union regulators to buy a stake in Alcon, making it easier for it to take full control of...
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09 August 03:57
AstraZeneca has agreed to pay $198 million (124 million pounds) to settle some 17,500 U.S. personal injury claims related to its schizophrenia and bipolar disorder drug Seroquel...
Reuters News
06 August 01:00
Bangalore-incorporated Biocon, an emerging pharmaceutical leader in India, has entered into a rarely seen English law manufacturing and supply agreement with…
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05 August 09:47
Two weeks after it emerged that French drugmaker Sanofi-Aventis had its eye on U.S. biotech Genzyme, staff and investors are still left guessing as the companies remain tight-lipped...
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04 August 10:30
Health insurer UnitedHealth Group Inc is buying a medical compliance company, Executive Health Resources, the companies said...
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03 August 07:11
Sanofi-Aventis sent a takeover proposal valued at about $18.4 billion, or $69 per share, to biotechnology company Genzyme Corp and the two sides are discussing the offer...
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02 August 10:43
A U.S. judge refused to dismiss the state of Virginia's challenge to President Barack Obama's landmark healthcare law, a setback that will force his administration...
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28 July 12:30
HealthGrades Inc, which provides ratings and profiles on hospitals, nursing homes and physicians, agreed to be acquired by Vestar Capital Partners, a private equity firm...
Reuters News
27 July 15:15
Private equity firms Clayton, Dubilier & Rice and Goldman Sachs' unit GS Capital Partners are to buy medical products provider HGI Holdings from another buyout firm...
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27 July 15:00
The SEC announced that it has reached a settlement agreement with Sunrise Senior Living and two former officers over charges of financial reporting fraud...
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27 July 08:45
Merck & Co said it struck a deal with Sinopharm Group Co Ltd to market the U.S. drugmaker's cervical cancer vaccine and other vaccines in China...
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27 July 06:30
Health insurer Centene Corp posted second-quarter earnings that beat Wall Street estimates, helped by membership growth in each of its states, and raised its...
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26 July 10:21
Malaysian state investor Khazanah trumped India's Fortis Healthcare in a takeover battle for Singapore's Parkway with an offer that values Asia's biggest listed hospital operator at $3.3 billion...
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19 July 17:30
Private equity fund Carlyle Group said it had agreed to buy Brazilian health services provider Grupo Qualicorp, seeking to tap into demand from the country's growing middle class...
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15 July 09:42
U.S. nutritional supplements maker NBTY Inc said it agreed to be bought by Carlyle Group for $3.8 billion in one of the biggest private equity deals so far this year...
Reuters News
15 July 08:11
GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the "substantial majority" of claims relating to its controversial diabetes pill Avandia...
Reuters News
14 July 02:30
Major pharmaceutical deals, like those involving Teva and Pfizer, are unfolding under the twin pressures of healthcare reform in the U.S. and downward price pressure on...
Precedent Watch
14 July 01:08
Israeli drug development company BioLineRx is planning a share offering on U.S. exchange NASDAQ...
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13 July 17:30
Under China’s Anti-Monopoly Law and the Filing Thresholds Regulations, the State Council has delegated to MOFCOM the right to investigate…
Precedent Watch - Guest Author
13 July 02:05
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Tuesday...
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12 July 08:56
Johnson & Johnson will buy Micrus Endovascular Corp for about $480 million to expand its portfolio of medical devices that treat stroke...
Reuters News
11 July 01:00
Taking public companies private ascribes new meaning to the Latin maxim, e pluribus unum. Abu Dhabi’s publicly listed Aabar Investments PJSC has announced…
Precedent Watch
09 July 06:35
BC Partners and Silver Lake are set to buy U.S. healthcare services firm MultiPlan, the private equity firms said on Friday, in the year's largest secondary buyout worth about $3.1 billion...
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08 July 03:00
The lending gap for startups and small companies is disappearing, at least for a lucky few. Since the financial crisis, smaller and riskier companies such as…
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07 July 19:00
In early November, 2009, the merger-control regulator of the People’s Republic of China, the Anti-Monopoly Bureau under the Ministry of Commerce, announced…
Precedent Watch - Guest Author
07 July 12:24
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by...
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01 July 01:09
Fortis healthcarealong with its founders have made an open offer for all of Parkway Holdings for S$3.21 billion (US$2.3 billion), an adviser to the Indian hospital chain said...
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30 June 08:21
Celgene Corp agreed to acquire Abraxis BioScience Inc for $2.9 billion in cash and stock to expand its oncology pipeline, the companies said...
Reuters News
29 June 02:00
In a complex deal involving leading Canadian and U.S. pharma companies (and a who’s who of respective law firms), Canada’s Biovail Corp. has taken a big step up in the ranks of…
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28 June 06:50
Sun Pharmaceutical Industries will stop selling generic version of Sanofi-Aventis' cancer drug Eloxatin in the United States after June 30 following a court order, the Indian drugmaker said...
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28 June 01:00
Earnouts may be either agreements to disagree or valuation bridges, but they certainly are drafting challenges. Despite this complexity, they've been featured in recent deals, among them...
Precedent Watch
25 June 07:15
Hospital operator Fortis Healthcare said the Government of Singapore Investment Corp had decided to defer a preferential investment but the sovereign wealth fund will evaluate participating in broader fund raising by Fortis...
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22 June 03:00
MAC attacks are back, and material adverse event clause concerns along with them. The Delaware Chancery Court is dealing with this issue in litigation brought by...
Precedent Watch
22 June 02:00
“Obama-care”-fueled private equity interest in healthcare keeps on rolling. The Blackstone majority owned Vanguard Health Systems’ acquisition of Detroit Medical Center has…
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21 June 13:11
Canada's Biovail Corp will buy Valeant Pharmaceuticals International in a complex deal worth roughly $3.3 billion engineered by the U.S. drug maker to preserve a lower tax structure...
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18 June 03:00
China’s Anti-Monopoly Law has struck again, this time against the Opinions on Utilizing Foreign Investment, as set out by the State Council…
Precedent Watch
18 June 02:30
Israeli generic pharmaceutical giant Teva filed a suitably gigantic $2.5 billion debt offering this week...
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14 June 01:00
NYSE-listed, reverse merger success Tianyin Pharmaceutical is clearly looking to impress with both its financial success and its disclosure heft. With important financing, licensing and...
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14 June 01:00
Mid-market M&A is anything but middling. Cardinal Health, Hewlett Packard, and a pack of PE funds have all recently announced the acquisition of mid-market companies...
Precedent Watch
10 June 19:00
In a $1.3 billion tale of the strength of U.S. healthcare, two U.S. rivals are merging while one’s significant British shareholders skip out – skip, that is, all the way to the bank...
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10 June 12:30
South Africa's Life Healthcare, which made its stock market debut on Thursday, has teamed up with the World Bank's IFC private sector financing arm to help fund a move into foreign markets...
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10 June 11:19
GlaxoSmithKline stepped up its drive into emerging markets on Thursday with the acquisition of Argentina's Laboratorios Phoenix for $253 million...
Reuters News
10 June 01:00
A first-of-its kind trade treaty stands to heat up the surprisingly dynamic relationship between Brazil and Israel…
Precedent Watch
09 June 09:47
CVS Caremark Corp said on Wednesday it was removing Walgreen Co from its pharmacy benefits manager business, saying it had tried to negotiate with its rival to no avail, and that Walgreen had...
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09 June 01:35
Allscripts-Misys Healthcare Solutions Inc, which provides electronic health record systems to doctors, will buy its peer Eclipsys Corp for about $1.35 billion (937.24 million pounds) in stock...
Reuters News
07 June 05:26
Spain's Grifols has agreed to buy U.S.-based Talecris Biotherapeutics, which makes plasma-based protein therapies, for $3.4 billion in a bold move to expand its business in blood-derived products...
Reuters News
03 June 17:17
Several large investors in Elan Corp Plc are urging the company to delay a planned spin-off of its drug delivery business, arguing the company could extract more value from the unit by waiting...
Reuters News
02 June 10:47
The world's largest generic drug maker, Teva, on Wednesday asked a U.S. court to resolve a dispute over its unexpectedly swift introduction to the United States of a generic version of Bayer's YAZ birth control pill...
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25 May 02:00
Leveraging an ambitious national R&D initiative, Protolix BioTherapeutics, Inc., announced receipt of $4.1 million in government grants from Israel’s Office of Chief Scientist...
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24 May 12:34
Gentiva Health Services Inc agreed to buy Odyssey HealthCare Inc in a $1 billion cash deal, which could make it one of the top players in the U.S. home and hospice care market and spark more consolidation in the space...
Reuters News
13 May 00:30
In a sign that the biotech industry is alive and well in the UK, two venture capital firms are exiting their investment in Excelsyn Limited…
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10 May 06:00
The world economy may have been a bad dream for many, but not for generic pharma giant Teva Pharmaceuticals. In a recent filing, Teva revealed three legally impressive facts...
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07 May 02:00
While China and Nigeria are stoking partnership fires with much talked about billion dollar oil deals, the dynamic duo has also been quietly branching out to textile manufacturing…
Precedent Watch
06 May 04:00
Government cuts are looming in the UK as dawn breaks on the morning after an uptick of borrowing. We don’t yet know the identity of the fiscal reaper but…
Precedent Watch
23 April 06:00
Healthcare reform may be controversial in some corners, but healthcare technology companies are positively glowing with praise for reform and the opportunities it creates. Google, IBM, and Oracle have all been...
Precedent Watch
16 April 08:00
“Obama-care” has put some healthy energy into a patient left for sick not that long ago – private equity. Recent transactions involving Cerberus, Blackstone, and others reflect PE’s heightened appetite for health deals…
Precedent Watch
14 April 02:00
Once acutely secretive guardians of national treasure, sovereign wealth funds (SWFs) may be creeping out of the shadows with conspicuous efforts to achieve transparency…
Precedent Watch
06 April 10:00
Non-executive directors might have us believe that ‘much may be done in those little shreds and patches of time which every day produces, and which most men throw away’ but shareholders may beg to differ…
Precedent Watch
05 April 08:00
Ampio Pharmaceuticals has reincorporated from Colorado to Delaware pursuant to a plan of conversion. The company also amended its articles of incorporation to change the…
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31 March 06:00
Glacial movement in the private equity sphere of Islamic finance could finally be showing signs of a thaw. After a dormant 2009, several recently announced Sharia-compliant funds suggest PE is finally moving again...
Precedent Watch
31 March 04:00
To buy or not buy—is the crucial question in M&A. Fortunately for the cautious at heart, would be acquirers have options, such as licensing agreements…
Precedent Watch
31 March 02:00
Medical device maker AGA Medical announced earlier this week that it has settled the patent infringement action brought by Medtronic over three years ago. The dispute centered around AGA’s…
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29 March 08:00
Patent trolls, university research and JVs at home and abroad are all in a day’s work for companies reliant on intellectual property. This year, a number of notable new trends in IP-disclosures have arisen...
Precedent Watch
24 March 08:00
An SEC window has opened into seldom-seen IP commercialisation agreements, by the venerable Cambridge University, no less. In a biotech deal worthy of the UK’s status as Europe’s leading technology centre, Cambridge University has…
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24 March 05:00
Healthcare reform is an important topic reshaping not only medical care, but the landscape of American law and business. Even as the current iteration of the bill moves toward final passage…
Precedent Watch
19 March 04:00
Cyber attacks are a growing global problem affecting businesses both within and outside of the traditional IT sector. In the U.S., the Pentagon has just announced that it is to create a cyber army in the wake of…
Precedent Watch
16 March 08:00
Compensation committee independence is front and center in the battle over executive pay, with Goldman Sachs the latest to receive proposals about CEOs on their board. The concern: CEOs indirectly benefit from…
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11 March 06:00
Unilever N.V. and Unilever plc have agreed to a Supplemental Agreement to their Equalisation Agreement. The Supplemental Agreement removes references to the Euro and Pound Sterling within…
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08 March 01:00
Boston Scientific’s acquisition of Guidant in 2006 came with an unexpected liability – criminal charges. In a recently filed plea agreement...
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03 March 03:00
If necessity is the mother of invention, then desperation may just be the mother of market abuse. And desperation appears to be more widely felt in the generics-pressed pharmaceutical industry…
Precedent Watch
25 February 03:00
In a signal that dot-com activity has not disappeared, once highflying Drugstore.com recently disclosed an agreement to acquire internet-based health retailer and services provider Salu, Inc...
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25 February 02:00
In the last few weeks, Travelport, Merlin Entertainments and New Look all have seen their IPOs pulled by their private equity owners, in the face of market volatility…
Precedent Watch
08 February 01:00
The U.S. operations of Spheris, a medical transcription company, filed for Chapter 11 in Delaware and has already entered into a stalking-horse agreement with MedQuist to…
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25 January 06:00
Healthcare horse trading might be taking place on Capitol Hill, but the real drama is occurring in the run up to annual meetings through no action letters…
Precedent Watch
22 January 04:00
In another sign of the resurgent M&A market, two small capitalization deals are slated to close. The Merz Pharma Group of Germany said that it intends to buy…
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19 January 07:00
Healthcare reform puts two constants, both death and taxes, on the line. Disclosures range from alarm to ennui in corporate America, seen from Aetna to Whole Foods. Even amid the large body of companies that are part of the healthcare “food chain”…
Precedent Watch
13 January 15:00
Healthcare properties continue to be a bright spot for troubled real estate markets, as evidenced by Grubb & Ellis Healthcare REIT II’s purchase of a neurology center…
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07 January 12:00
The SEC has voiced concerns over legal opinions issued in the context of an S-3 registration. Merge Healthcare, a Milwaukee-based healthcare computer systems company…
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07 January 09:30
After a rough first half of 2009 for private equity, fund activity is picking up again, allowing for increased acquisition activity. Illustrating this trend, Henry Schein Inc, with the involvement of Oak Hill Capital….
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29 December 14:00
Shareholder proposals on poison pills could be hotbed of activity this proxy season. Serving as a notable early indication may be pharmaceutical company Mylan’s recent No Act...
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28 December 13:00
Drugstore.com an online retailer of health products, announced its $36 million acquisition of Salu, Inc. Salu owns and operates the SkinStore.com, a leading online retailer of clinical skin care and beauty products and other distribution channels…
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10 December 19:00
Northstar Healthcare Investors Inc launched a $200 million dollar initial public offering. Northstar was organized to qualify as a real estate investment trust that focuses on the acquisition…
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08 December 06:30
Healthcare reform may have an unintended side effect – the revival of the real estate market. In a tale of two legal trends, Omega Healthcare REIT is placing an $860 million bet on health-related real estate, particularly noteworthy with so much of the real estate world ailing…
Precedent Watch
04 December 07:30
With the rise in PE funds going into new deals, some funds are clearly focused on how to get back out again. Henry Schein, a large distributor of healthcare products and services, plans to acquire…
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24 November 07:00
Business is still booming for the healthcare industry, but CIT seems to be heading for the exit. Care Investment Trust Inc., a health care REIT managed by CIT Healthcare, completed the sale of interests in two…
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19 November 08:00
The Bristol-Myers Squibb Company is taking another step in its carve-out of Enfamil infant formula maker Mead Johnson Nutrition Co. Bristol is offering its shareholders the option to…
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10 November 14:30
After activity earlier this year and through the summer, M&A in the healthcare industry has been relatively quiet for a few weeks – but is now seeing more notable activity…
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05 November 12:00
In a healthcare deal with a big legal twist, a new $570 million merger was just announced. One of the leading providers of rehabilitation program management services with…
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09 September 02:00
Amid the ongoing spate of PRC green capital raising, the nation’s largest non-state owned wind turbine maker has filed for an IPO in New York…
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08 September 08:52
Oil giant BP <BP.L> is open to talks about selling assets to Russian companies as part of its $30 billion fund raising programme to help pay for the Gulf of Mexico oil spill, the group's Russia chief said on Wednesday...
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08 September 06:22
Thailand's top energy firm, PTT Pcl, said it had put in a bid to buy the Thai operations of French retailer Carrefour SA, which analysts expect to fetch about $600 million...
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08 September 03:55
Libya's government denied it had any investments in foreign oil companies, in an apparent rebuff to the country's top energy official who had said buying shares in BP would be a good deal...
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08 September 03:32
Saudi state-owned Saline Water Conversion Corp (SWCC) has awarded a $2.44 billion power plant contract to a group led by China's Sepco III Electric Power Construction Corp...
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07 September 13:16
Pipeline operator Enterprise Products Partners LP said it will buy holding company Enterprise GP Holdings LP for $8.03 billion, the second such deal in a month, to simplify its corporate structure and...
Reuters News
06 September 14:30
Algeria's government unveiled a series of measures which appear to confirm the energy exporter's shift towards greater economic nationalism...
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05 September 20:54
BP has revived the sale of its Alaskan assets after failing to offload them to U.S. oil and gas company Apache in July, the Financial Times reported...
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03 September 11:00
Bruker Energy & Supercon Technologies Inc, a unit of Bruker Corp, filed with U.S. regulators to raise up to $100 million in an initial public offering of...
Reuters News
03 September 08:54
Brazilian state oil company Petrobras filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- to raise funds for the world's biggest oil exploration investment plan...
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02 September 07:05
Indonesian coal miner PT Harum Energy, owned by Tanito Coal Group, aims to raise as much as 4.1 trillion rupiah ($455 million) in its initial public offering, based on the share price range set...
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02 September 04:12
Essar Group and other Indian, Southeast Asian and Australian firms have expressed interest in Australian miner Kangaroo Resources' GPK coal project in Indonesia, a Kangaroo executive said...
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02 September 02:00
TransAtlantic Petroleum Ltd. entered into a $30 million credit agreement with Standard Bank PLC to fund a pair of acquisitions. Earlier this summer the aptly named TransAtlantic agreed to...
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01 September 17:39
Australian energy firm Santos Ltd plans to raise as much as A$2 billion ($1.8 billion) in a rights issue to fund its Curtis Island liquefied natural gas project, The Australian newspaper said...
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01 September 06:00
Abu Dhabi National Energy Co's (TAQA) former chief executive has sued the company in a U.S. court, alleging he was forced out last year for trying to stop...
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01 September 01:46
Israeli energy, automotive and real estate conglomerate Delek Group reported a drop in quarterly net profit, weighed down by higher financial expenses due to yen strength versus the shekel...
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01 September 01:30
Unfazed by the summer heat in the northern hemisphere, the global energy M&A binge is gaining momentum. Asia-Pacific companies in particular have demonstrated an ongoing appetite for assets outside Asia…
Precedent Watch
31 August 07:42
Electric utility Exelon Corp said it agreed to buy John Deere Renewables, the wind energy business of Deere & Co, for about $860 million to generate more power from renewable sources of energy...
Reuters News
31 August 03:27
Oman has awarded Saudi National Contracting Co and India's Larsen & Toubro two separate contracts worth 32.1 million rials ($83.4 million) to build power transmission units...
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30 August 10:30
Renewable Sources, Drivers, Legislation, Capacity Growth and the Future Outlook has announced the addition of the "Green Energy in the UK: Renewable...
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30 August 00:00
In a deal which spans from Kuala Lumpur to London and treads the complexities of a part Malaysian, part UK share offer, Tanjong Capital, a special purpose vehicle, has made a conditional takeover offer for…
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27 August 11:41
Nigeria will hand over management of its electricity grid to a Canadian, Indian or Irish firm by year-end as it embarks on the multi-billion dollar privatisation of its dilapidated power sector, a top official said...
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27 August 02:00
It seems another regulatory hiccup has burst from the pages of the Dodd-Frank Act. This time the snafu involves the mining sector, a place where accidents can lead to disaster…
Precedent Watch
27 August 01:00
Strategic concerns for companies planning IPOs might have taken an unexpected twist recently, with the technological capacity of trading exchanges now driving (and preventing) some IPO activity...
Precedent Watch
27 August 00:45
Rumoured to be gunning for a large chunk of American utility company InterGen, China’s leading electricity producer appears to be…
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27 August 00:30
With Canada’s uranium mines accounting for over 20% of world’s total, even the global JV involving a small Canadian uranium exploration company garners attention…
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26 August 11:24
COOEC, the offshore arm of China's state-owned oil firm CNOOC, is looking for Norwegian partners to strengthen its position in deepwater drilling worldwide, a senior COOEC executive told Reuters...
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26 August 02:29
Iran has increased production of crude from its Hengam offshore oilfield to 10,000 barrels per day (bpd)...
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26 August 01:10
Abu Dhabi National Energy Co said it was looking to raise its stake to 60 percent in a Dutch gas storage project being jointly developed with Russia's Gazprom...
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25 August 20:39
China's top offshore oil and gas producer, CNOOC Ltd, has signed an agreement with Australia's Roc Oil and Horizon Oil to develop two oil fields in China...
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25 August 13:29
Korea National Oil Corp said it had posted offer documents to Dana Petroleum shareholders as it pressed ahead with its 1.67 billion pounds hostile takeover bid for the British firm...
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25 August 08:30
Royal Dutch Shell Plc and Brazilian sugar and ethanol giant Cosan signed a binding agreement to create a global ethanol business, looking to benefit from growing demand for biofuels...
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25 August 02:30
There is a new mega-VC in town, and the U.S. government is its name. Companies from Tesla Motors to Solyndra to Hoku Corporation have been among the prime beneficiaries…
Precedent Watch
25 August 00:30
M&A financing remains in short supply around the world, and with the financial cupboard bare, UK companies are looking to an older form of trade to do business – trading assets instead of money…
Precedent Watch
24 August 19:00
Brazil is seeking to boost its production of biodiesel and create jobs in the countryside by encouraging biofuels companies to buy raw materials from small farmers...
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24 August 07:16
A run-down court building that also houses the local casino in this Amazon jungle town is the unlikely venue for the largest environmental damages lawsuit ever tried...
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23 August 21:07
State-run Korea National Oil Corp will not consider raising its $2.6 billion hostile takeover offer for British oil explorer Dana Petroleum in return for management backing, KNOC's chief executive said...
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23 August 08:23
A $20 billion compensation fund for economic victims of the BP Gulf oil spill opens for business amid accusations that...
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23 August 05:25
Oil and gas company SM Energy Co plans to raise at least $300-$500 million over the next 12 months via joint venture agreements and sale of assets, including...
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22 August 21:25
British oil explorer Dana Petroleum will press Korea National Oil Corp to drop its 1.87 billion pound ($2.9 billion) hostile takeover bid and raise the offer in return for board recommendation...
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22 August 09:47
Royal Dutch Shell<RDSa.L> and German chemicals maker BASF<BASF.DE> plan to appeal a first instance Brazilian court ruling on health injuries related to pollution at a former pesticide plant...
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22 August 06:52
Russia's largest oil producer Rosneft will invest $630 million in a joint project with an UAE oil firm to drill for gas in the Middle East, a top Russian official said...
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19 August 20:41
State-run Korea National Oil Corp plans to go to shareholders of UK oil explorer Dana Petroleum with a 1,800 pence per share offer worth $2.6 billion, after Dana's management rejected its bid proposal...
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19 August 01:00
Coal, the ugly duckling of energy, is maintaining its appeal in India despite a growing movement in the alternative energy sector in other countries…
Precedent Watch
18 August 02:30
A $25 million sideline acquisition has gushed into a $750 million merger between Nabors Industries and Superior Wells Services…
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17 August 22:40
China Huaneng Group, the nation's biggest electricity producer, is in advanced talks to buy a 50 percent stake in U.S.-based power utility InterGen NV for about...
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17 August 05:05
Regulatory hurdles could delay Vedanta Resources' purchase of a stake of up to $9.6 billion (6.1 billion pounds) in Cairn India, but the buyer and analysts see them as unlikely to derail the deal...
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17 August 03:00
China Huaneng Group Corp and Datang Corp, the country's top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could...
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16 August 14:30
Billionaire activist investor Carl Icahn said he has added energy companies NRG Energy Inc and Anadarko Petroleum Corp to his portfolio, and sold off most of his...
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16 August 04:19
Vedanta to buy stake in Cairn India for £5.4 - 6.1 billion...
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13 August 17:25
Blackstone Group LP's deal to buy Dynegy Inc is an unusually structured buyout that would give it control of the power company without having to refinance or invest much...
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13 August 09:00
Blackstone Group said it will buy power producer Dynegy Inc for $543 million in cash and sell four of its power plants to NRG Energy in the latest shake-up in the...
Reuters News
13 August 01:30
When BP announced last month that it intends to divest up to $30 billion of assets over the next 18 months, a naïve few may have assumed this was an opportunity to take advantage of the reeling giant…
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11 August 02:30
BP may be suffering a contract blowout from the oil spill in the Gulf of Mexico. The oil giant’s contractual arrangements broadly indemnify the owner of the Deepwater Horizon –Transocean Ltd – for liabilities related to…
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11 August 01:30
The world's newest energy player, Israel, has burst onto the world stage leveraging both clean tech brains and hydrocarbon brawn. Houston's Noble Energy and Ormat Technologies of Nevada, meanwhile...
Precedent Watch
11 August 00:30
Two of the world’s ten largest uranium miners – Vancouver’s Uranium One and state-controlled mining company JSC Atomredmetzoloto of Russia – are joining forces, in a…
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10 August 13:37
Surging Chinese investment in Brazil is reshaping ties between the countries as companies seek to secure resources and tap the rising consumer class in Latin America's largest economy...
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10 August 12:42
A joint venture of private Turkish companies Is-Kaya Insaat and MMEKA Machinery made top bids totalling nearly $5 billion for rights to operate two Turkish power grids...
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10 August 09:33
France's GDF Suez is set to take control of Britain's International Power, the companies said, creating the world's largest utility with annual revenue of 84 billion euros...
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10 August 09:15
Oil major Exxon Mobil is still working with Qatar Petroleum on a planned $6 billion petrochemicals complex, a spokesman for the U.S. firm said...
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10 August 07:00
Clean energy project developer Camco International said it had bought a portfolio of carbon offsetting projects from U.S. developer Greenhouse Gas Services...
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10 August 04:34
State-run Oil and Natural Gas Corp has proposed to Russian major Rosneft that the two jointly bid for strategic Trebs and Titov fields in the Arctic north, Vedomosti reported...
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10 August 02:30
All the talk of a wind energy-filled future may appear to be little more than hot air, with key legislation diminished and then delayed. But private innovators like Google have stepped in where the government fears to tread…
Precedent Watch
09 August 19:25
Chinese carmaker Jianghuai Automobile Co said it plans to invest about 30 billion yuan ($4.4 billion) on production of new-energy cars through a partnership with a private equity firm...
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09 August 09:00
Power company Constellation Energy Inc said it agreed to buy five power plants in New England from struggling Boston Generating LLC for about $1.1 billion through a...
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09 August 04:28
Japan's Toshiba Corp and Tokyo Electric Power said they will sell back their convertible debentures in Uranium One for $265 million after the Canadian uranium producer agreed to a...
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09 August 01:00
In a deal which illustrates the complicated interplay in global transactions of currency, tax and regional concerns, one of the largest oil companies in the world, Total SA recently announced...
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06 August 05:34
Russian oil major LUKOIL is expected to sign a $1.5 billion loan to finance a $3.44 billion share repurchase from ConocoPhillips, banking sources told Reuters...
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05 August 13:19
Chevron Corp urged a federal appeals court not to force it into Ecuador's courts to defend a $27.4 billion lawsuit alleging its oilfields polluted the Amazon rainforest and sickened thousands of Ecuadorians...
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05 August 12:10
China's largest offshore oil producer CNOOC Ltd might bid for BP's stake in Pan American Energy (PAE) if the British oil company sold it to raise money to cover its Gulf of Mexico oil spill costs...
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04 August 04:29
Several coal and mining projects in Indonesia with a combined value of $14 billion may face delays as a forest moratorium could make it harder for them to obtain forestry land-use permits...
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04 August 01:00
The EU’s sweeping sanctions against Iran have left some western companies in the lurch, but business with Iran still appears to be largely unchanged throughout the Asia Pacific region…
Precedent Watch
03 August 03:37
Australia's Linc Energy has agreed to sell its Galilee coal tenement to Adani Enterprises in a cash and royalty deal worth A$3 billion, Linc's chief executive told Reuters...
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03 August 01:49
The Iraqi Oil Ministry expects strong demand at an auction for three gas fields it plans to develop, a senior oil official said, despite the lack of a new government nearly five months after an election...
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03 August 01:00
Kuwait's sovereign wealth fund and BP Plc denied a local newspaper report that the embattled oil giant had asked the fund to raise its stake in the company to 3 percent...
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02 August 15:49
U.S. securities regulators are investigating whether people may have illegally profited from trading on nonpublic information at BP Plc in the weeks and months following...
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02 August 05:30
A U.S. arms control official urged China, which has always promoted dialogue with Iran over its nuclear program, to observe sanctions against Tehran aimed at forcing it to...
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30 July 02:00
Reverse takeovers are on the uptick, as is the legal complexity that rides alongside them, sometimes stopping them in their tracks. Fueling this is an increase in UK cash shells, and both LSE and AIM companies benefit…
Precedent Watch
30 July 02:00
Billionaire Li Ka-shing has offered to buy UK power grids from France's EDF for 5.8 billion pounds ($9.1 billion), giving his companies a foothold in more lucrative overseas markets...
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29 July 11:56
More than 2,000 miles from the Gulf of Mexico shoreline, lawyers were set to argue before a judicial panel on how hundreds of spill-related lawsuits against BP Plc should be merged...
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29 July 02:00
Quicksilver Resources is attempting to turn its excess gas into gold. The Texas-based natural gas and oil exploration and production company recently entered into a...
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29 July 01:32
Indonesia expects foreign direct investment to rise more than expected this year, as new and existing investors are drawn by strong consumer demand and increased stability in Southeast Asia's biggest economy...
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29 July 01:00
Saudi Aramco has signed contracts with international firms to build a multi-billion dollar refinery at Yanbu on Saudi Arabia's Red Sea coast...
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29 July 01:00
Mining, petroleum and mineral companies looking to list on the Hong Kong Stock Exchange now must comply with additional reporting standards…
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28 July 10:02
ConocoPhillips, the third-largest U.S. oil company, said it will sell its entire stake in Russian oil major Lukoil in a bid to boost shareholder returns and reported better-than-expected quarterly profit...
Reuters News
28 July 04:20
British Prime Minister David Cameron tried to persuade India to do more business with Britain as he seeks new sources of economic growth to offset deep cuts in public spending at home...
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28 July 01:00
Somehow, the philosophy of ‘everyone’s gotta eat’ has not been translating into gushing profits for the world’s agribusiness conglomerates. Cutthroat competitors Archer Daniels Midland, Cargill and Bunge, among others, are reporting something in common to shareholders…
Precedent Watch
27 July 12:58
BP Plc said the U.S. markets regulator Securities and Exchange Commission and the Justice Department had launched a probe into market trading connected to the oil giant's Gulf of Mexico oil spill...
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27 July 12:29
U.S. housing data boosts global stocks...
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27 July 07:50
) The new laws are part of the west's latest attempt to pressure Tehran to drop its nuclear enrichment program, limit financial transfers and ban deals with the...
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27 July 01:05
Kazakhstan aims to handle half of the Caspian Sea's commodity cargoes by 2013 after expanding its fleet of oil tankers with the help of private investors...
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27 July 00:30
After a sluggish 2009, the forecast for Canadian IPOs was supposed to have improved. Indeed, 2010 started out well. But when…
Precedent Watch
25 July 12:05
A groundbreaking $9 billion agreement signed by Egypt this week should help it meet growing domestic and foreign gas commitments by boosting supplies and encouraging new exploration...
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23 July 03:00
BP is building up its war chest to confront the massive cash outlays it faces through a blockbuster deal to sell oil & gas properties in Egypt, Canada and the Permian Basin of Texas, to Apache Corp. for $ 7 billion...
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22 July 03:00
The oil and gas exploration and drilling industry faces a legal landscape being rapidly transformed by a yet-to-be determined number of lawsuits and several legislative proposals on the congressional fast track…
Precedent Watch
22 July 03:00
Syngenta, the world's biggest agrochemicals company, expects its net profit to be down this year as a late start to the farming season following a harsh winter and higher taxes weigh...
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21 July 17:15
Private equity firm TPG Capital is investing $300 million in natural gas company Copano Energy, which it will use to fund shale gas production developments...
Reuters News
21 July 12:15
Australia-based Paladin Energy Ltd said it plans to make an offer to buy out the remaining shares of NGM Resources it does not already own for about...
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19 July 05:02
Abu Dhabi and U.S.-based United Technologies plan an $800 million military aircraft maintenance and repair joint venture based in the United Arab Emirates to service the UAE and other countries...
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19 July 03:34
France's GDF Suez and Britain's International Power have revived talks on a possible tie-up between the two power companies, they said...
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19 July 02:30
Perhaps surprisingly, even in this wizened post-BP age, ultra deepwater drilling is going on unabated, leveraging some of the same structures as BP/Transocean…
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19 July 02:00
India is gaining new corporate renown as, via acquisitions and exchanges, its companies migrate worldwide…
Precedent Watch
15 July 15:15
Legislation that could bar BP from getting new offshore oil leases in the United States passed another hurdle in Congress on Thursday while a separate bill to boost safety requirements for...
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15 July 01:00
While some China-based solar companies are infused with enthusiasm towards the PRC green sector, one company is treading carefully. NASDAQ-listed China Sunergy recently…
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15 July 00:00
Pirate attacks globally declined by nearly a fifth in the first half of 2010 from the same period last year due to a strong naval presence in the Gulf of Aden…
Precedent Watch
14 July 01:36
Arrow Energy shareholders approved a $3.05 billion takeover by Royal Dutch Shell and PetroChina's, clearing the way for a final legal go-ahead due later this week...
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14 July 01:01
Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahayan is considering an investment in oil major BP...
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13 July 23:45
Boralex Inc, an alternative power producer, said it raised its offer to acquire the income trust it manages to an annual interest rate of 6.75 percent a year on the...
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12 July 22:06
BP said it had installed a cap meant to halt the flow of oil from its ruptured Gulf of Mexico well and the Obama administration issued a new moratorium on deepwater oil drilling...
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11 July 14:33
Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening the energy exporter's trend towards economic nationalism...
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11 July 01:00
Taking public companies private ascribes new meaning to the Latin maxim, e pluribus unum. Abu Dhabi’s publicly listed Aabar Investments PJSC has announced…
Precedent Watch
09 July 01:30
China’s green energy sector may be conjuring up more images of green dollar bills than healthy fields of grass these days. The country’s presence as a major alternative energy mover...
Precedent Watch
08 July 01:05
The Obama administration heads to court on Thursday with a single goal -- to reinstate a six-month moratorium on deepwater oil drilling imposed in response to the BP Plc oil spill but blocked by a federal judge...
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08 July 01:00
BP boss Tony Hayward met officials from an Abu Dhabi state investment fund, the latest stop on a global quest for money to ward off takeovers and help pay the huge costs of the worst oil spill in U.S. history...
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07 July 07:30
Total SA has agreed to buy UTS Energy Corp for C$1.5 billion ($1.42 billion) in cash, twice the amount the French oil major offered for the...
Reuters News
06 July 12:45
Iron ore producer Cliffs Natural Resources Inc said it will buy INR Energy's coal mine operations for $757 million, the latest step in its strategy to become a...
Reuters News
06 July 11:30
Oil sands producer MEG Energy Corp aims to raise about C$1 billion ($950 million) in an initial public offering late this month, selling about 23 million common shares as it...
Reuters News
05 July 11:34
Rating agency Standard & Poor's on Monday upgraded Qatar's sovereign credit rating and state-controlled Qatar Petroleum to 'AA' from 'AA-', citing the gas-rich Gulf Arab state's strong growth prospects...
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05 July 06:23
British oil and gas company Fairfield Energy set a price range for its initial public offering (IPO), targeting proceeds of up to $500 million (330.4 million pound), two sources close to the deal said...
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05 July 01:00
The clock is ticking for the switch-over of Canadian public issuers to IFRS. With just six months to go, a relatively innocuous filing by Capital Power Income…
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04 July 19:30
Wilmar International has entered an agreement with Australia's CSR Ltd to buy the latter's sugar and renewable energy business for A$1.75 billion ($1.47 billion)...
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04 July 02:17
Troubled oil giant BP could get a reprieve from Middle East financial institutions looking to make a strategic investment in the company...
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02 July 08:23
Washington's refusal to let Jordan exploit its own uranium deposits to make nuclear fuel has held up nuclear cooperation talks and the two sides are a long way from any deal...
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02 July 03:00
“Environmental outs” are a rising concern, thanks to BP. No unified response has yet emerged, however, to judge from the PE acquisition of Omni Energy and the just-completed Exxon/XTO Energy deal…
Precedent Watch
30 June 13:31
Algeria's government has submitted to parliament a draft law that will allow it to set price controls on all consumer goods and services as part of a campaign to curb inflation...
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30 June 03:30
Oil Refineries Ltd, Israel's largest oil refinery, and a syndicate of local banks led by Bank Hapoalim signed an agreement for a loan of $600 million...
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30 June 02:00
With BP as backdrop, deepwater drilling is gushing forward, incongruously driven by both Noble Corp and Judge Barton Feldman of Louisiana…
Precedent Watch
29 June 11:49
Iraq's cabinet approved a multibillion-dollar deal with Royal Dutch Shell and Japan's Mitsubishi to capture gas being flared at southern oilfields....
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28 June 02:00
If the value of lawyerly corporate structuring ever needed proof, the vortex of events sucking down BP is it. With asset sales and lawsuits by aggrieved shareholders like those of New York state’s pension fund…
Precedent Watch
25 June 12:57
Canada's industry minister said he cleared China's Sinopec Corp to buy ConocoPhillips' stake in the Syncrude Canada Ltd oil sands project...
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25 June 02:00
As if successfully doing a global debt offering weren't hard enough, Royal Dutch Shell plc just did a debt doozy, involving three different legal jurisdictions…
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24 June 18:27
The Australian government signalled that it was now open to renegotiating the 40 percent headline rate of its proposed mining tax, which has angered miners and worried voters...
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23 June 16:54
The United Arab Emirates wants Royal Dutch Shell to step in as its partner at the $10 billion Shah gas project after U.S. major ConocoPhillips withdrew...
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23 June 06:19
Whether it's snapping up glitzy buildings or stakes in luxury carmakers, Qatar's state fund has its hands everywhere -- and more high-profile deals are expected, fuelled by the Gulf state's natural gas riches...
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23 June 04:00
BP’s burden continues to get heavier, with once-partner Anadarko now revealing potentially damaging terms of its JV with BP and over 200 lawsuits filed in U.S. federal courts to date…
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23 June 01:00
Two more Calgary outfits are linking up as the consolidation of Western Canadian resource properties continues. Oil and gas player ARC Energy announced last week it is acquiring…
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22 June 01:00
It doesn’t attract the media attention of its wealthier, splashier or more controversial neighbors, but the Hashemite Kingdom of Jordan is nonetheless an important…
Precedent Watch
21 June 11:30
Oslo-listed oilfield services provider Acergy agreed to buy rival Subsea 7 on Monday in an all-share deal set to create a leader in the undersea engineering segment hit by the Mexico Gulf oil spill...
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20 June 13:07
Europe will import its first solar-generated electricity from North Africa within the next five years...
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20 June 05:37
State-run Oman Oil Company is in talks with Oman's Ministry of Oil and Gas to take on an exploration block ceded by Britain's BG Group...
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17 June 07:44
Asia could account for a quarter of global solar capacity in five years, possibly overtaking the United States, if the region's policy makers continue to enact measures supporting solar use...
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17 June 01:37
India's drive to ramp up solar capacity may trigger a stampede of firms from Asia, Europe and North America, chasing a share of the $3.5 billion of business up for grabs by 2013 and...
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16 June 02:00
While BP’s oil continues to spill into the Gulf of Mexico, PRC state-owned giants are also seeping deeper into the western oil scene…
Precedent Watch
15 June 09:26
For several sweltering days in August 2002, thousands of Algerians queued outside Orascom Telecom's stores to buy pre-paid cards that, for the first time, made mobile phones affordable for ordinary people...
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11 June 01:00
Qatar’s Lilliputian size belies its deal-making prowess. Pound-for-pound, it may be the world’s richest (non-tax haven) country, but Qatar hasn’t put all its eggs in the energy basket...
Precedent Watch
10 June 05:58
Indian utility Reliance Power has signed an agreement with Indonesia's Sugico Group to acquire three coal mines for an upfront payment of 5 billion rupees ($106 million)...
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09 June 04:23
France's Total, Spain's Abengoa and the United Arab Emirates's Masdar will build a 100 megawatt concentrated solar power (CSP) plant southwest of Abu Dhabi...
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09 June 02:00
Chinese companies are rapidly moving into Canada’s resource sector, bringing to the forefront issues of investor protections and controls…
Precedent Watch
08 June 04:49
Swiss engineering group ABB is buying UK-based Chloride Group for an agreed 860 million pounds ($1.25 billion), as it seeks to improve its automation offering...
Reuters News
07 June 23:10
Costs for upstream oil projects are likely to rise after the BP Gulf oil spill, a senior executive at Malaysia's national energy firm Petronas said on Tuesday...
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07 June 01:00
The greasy wake of the BP offshore disaster thousands of miles distant, Petroleo Brasileiro S.A. (Petrobras) announced this week the signing of a…
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06 June 10:57
Iran hopes to finalise a deal this week for a much-delayed pipeline to export natural gas to Pakistan by 2015...
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06 June 06:34
Yemen's Total-led liquefied natural gas (LNG) plant will hit full capacity in weeks and will turn a profit in 2010 by diverting cargo to more attractive markets, its general manager said...
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05 June 11:26
The Kremlin's oil arm aims to expand its presence in the Middle East, including Iraq, after signing up to a ground-breaking gas project with a United Arab Emirates energy firm...
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03 June 09:10
Israel is poised to become an energy exporter after finding much higher than expected natural gas reserves off its Mediterranean coast...
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03 June 04:00
The sunny forecast for one Chinese energy company may be dotted with clouds, cash flow clouds that is. NASDAQ-listed China Sunergy Co Ltd is not so confident about the…
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02 June 13:17
The Hinduja Group plans an $800 million to $1 billion Saudi initial public offering (IPO) this year of lubricants maker Petromin...
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02 June 09:51
The lack of a deal between Azerbaijan and Turkey in protracted talks over the transit of Caspian gas threatens an energy supply route for European markets...
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28 May 12:08
Royal Dutch Shell said it would pay $4.7 billion cash to buy privately held East Resources Inc, giving it more exposure to promising shale gas reserves in North America...
Reuters News
28 May 01:00
Solar companies spooked by recent subsidy cuts through Europe need not despair. As Chinese companies gain momentum, former non-PRC competitors are morphing into both buyers and vendors…
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27 May 03:00
The $41 billion Exxon/XTO merger is moving forward, despite shareholder objections and an arguably permissive MAC out clause. The latter takes on new meaning in light of the BP-induced controversy…
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26 May 04:00
In a global takeover deal virtually designed to create air miles, billable hours, and precedent banks for lawyers, three companies from different corners of the world are in the grips of a hostile takeover…
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24 May 01:00
Green technology continues to be a hot spot for M&A activity. Clean Diesel Technologies, which focuses on lowering motor vehicle emissions, recently entered into a merger agreement with…
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24 May 01:00
It’s the size of New York City, but its causeway runs toward Mecca rather than Montauk. The Kingdom of Bahrain is an unquestioned leader in Islamic finance and a...
Precedent Watch
18 May 04:00
In refreshing support for the UK’s environmental credentials, Ascot Environmental has developed regal plans to turn waste into profit, while its British energy counterpart BP watches its own profits go to waste…
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06 May 01:00
PPL Corp, a utilities holding company with U.S. and UK holdings, announced last week that it will purchase E.ON U.S. LLC, a U.S.-based subsidiary of German power and gas giant E.ON AG…
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04 May 02:00
When it comes to multi-billion dollar investments, big oil companies are no more immune to cold feet than the rest of us. Published reports of warming relations between ConocoPhillips and the UAE appear to have been premature…
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03 May 08:00
In the latest in a string of acquisitions, publicly listed U.S.-based First Solar Inc. continues to expand its reach into the western United States, this time by purchasing…
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30 April 08:00
Maybe the poor guy from La Mancha was really on to something when he began charging windmills. People have relied on wind power for centuries, yet several factors – among them new laws and regulations – are driving tremendous growth in wind power as of late…
Precedent Watch
29 April 04:00
The Paris Court of Appeal has passed judgment on the sinking of the Erika, a Maltese registered tanker that broke in two, 70 kilometres from the cost of Brittany during December 1999…
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27 April 06:00
China’s new regulations on foreign investment reaffirm openness to overseas companies amidst an atmosphere of bribery scandals, internet company exodus and accounts of hostility towards foreign companies…
Precedent Watch
21 April 04:00
The brave new world in which the scorching desert sun powers our air conditioning may finally be at hand. Green technology — solar, wind, carbon capture and others — may pour hundreds of billions of dollars into MENA in the coming decades…
Precedent Watch
15 April 02:00
Alternative energy consolidation is up globally, evidenced most recently by U.S.-based Prime Sun Power Inc, the alternative energy company, which has agreed to buy two photovoltaic energy production plants from…
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14 April 02:00
Once acutely secretive guardians of national treasure, sovereign wealth funds (SWFs) may be creeping out of the shadows with conspicuous efforts to achieve transparency…
Precedent Watch
06 April 04:00
Tesla Motors is getting some green by being green. The electric car manufacturer recently filed an agreement to sell Zero Emission Vehicle credits to an undisclosed buyer. The agreement provides for the sale…
More Precedent
06 April 02:00
Hedge funds and private equity firms are always on the lookout for a good deal. Of late, they seem to have found one – by using creative means of obtaining a tax subsidy through the master limited partnership structure…
Precedent Watch
01 April 07:00
The ethanol industry was virtually capsized during late 2008 and early 2009 by a perfect storm of high corn prices, low fuel demand, and the credit crisis, but a recent reorganization plan may be a sign that the biofuels industry is set for a turnaround…
More Precedent
30 March 08:00
The forecast for the alternative energy sector in China: consistently sunny with strong gusts of wind, more than enough to power the projects that are popping up on Chinese terrain…
Precedent Watch
22 March 06:00
The commodity markets had their fare share of volatility in 2009, which wreaked havoc on many companies’ earnings—some for the better and some for the worse. Companies from Gulfport Energy to Metalico Corp. and Tasty Baking to Kellogg were affected by the tumultuous commodities markets and are disclosing so in their 10Ks…
Precedent Watch
17 March 08:00
CNOOC Ltd has been busy keeping its new year’s resolutions. In its forward-looking statements to the SEC earlier this year, CNOOC Ltd disclosed that it expected nine new projects to…
More Precedent
10 March 04:00
Oil wildcatters are seeking liquid gold in what was once one of the furthest corners of the British Empire, whether labeled the Falklands or Las Malvinas. Along with this quest has come a parallel quest for funding…
Precedent Watch
04 March 03:00
China’s oil behemoths are noteworthy not only for their globe-spanning acquisitions, but also for the clever corporate and disclosure strategies that accompany them. Sinopec, PetroChina and CNOOC, have together…
Precedent Watch
23 February 04:00
Amid increasing demand for more environmentally friendly energy sources such as solar power, and increased transactional activity on the global energy front, SunPower Corp. is...
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22 February 08:00
The old childhood adage “the more, the better” is a fair assessment of annual disclosures. And when it comes to disclosures related to hedging, it may be more apropos to say that much more is better…
Precedent Watch
17 February 08:00
As energy deals continue to gain traction, Energy Partners, L.P and private equity funds managed by EnerVest Ltd., announced they have signed an agreement to acquire oil…
More Precedent
03 February 07:00
In Canada, cleantech is cleaning up. With more than 120 cleantech and renewable energy companies listed on the Toronto Stock Exchange and TSX Venture Exchange, Canada is already home to more listings than any other country in the world…
Precedent Watch
08 January 06:00
Natural gas deals are burning up, with uniquely hot legal issues around them. Recent deals by Exxon/XTO, Chevron/Tokyo Energy and the just announced deal between Total/Chesapeake power forward…
Precedent Watch
30 December 10:00
Nabors Industries Ltd, a Bermuda-based offshore drilling company, filed the second amendment to the executive employment agreements for...
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28 December 12:00
Orion Energy Systems, an energy management company, recently amended its $25 million credit agreement with Wells Fargo Bank. The amendment removes a provision permitting Orion to request an increase in…
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18 December 13:00
Exxon Mobil announced a blockbuster $41 billion deal for XTO Energy earlier this week. The terms of the deal just got clearer, as the acquisition documents just got filed...
More Precedent
17 December 17:00
The biggest TARP-recipients are now scrambling to pay it back. In particular, both Citibank and Wells Fargo have recently announced historic issuances with proceeds to be used to repay U.S. taxpayers…
More Precedent
15 December 09:00
TransCanada PipeLines Limited, a leader in the responsible development and reliable operation of North American energy infrastructure, launched a $3 billion shelf offering of debt securities…
More Precedent
14 December 08:30
Hydropower plants developer China Hydroelectric Corp appears to have the dominance of the Chinese hydropower industry in its sights…
More Precedent
14 December 08:00
China Hydroelectric Corporation, a New York-based Cayman Islands company, debuted this week on the New York stock exchange with an offering of over 3,000,000 American depositary shares.….
More Precedent
14 December 07:00
Solar Thin Films previously amended purchase agreement between the company and Zoltan Kiss, a former director, and his children was terminated by a mutual agreement....
More Precedent
02 December 13:00
Texas Petrochemicals filed a Form 10 registration statement on Wednesday of last week The company is attempting to register its existing common stock, which was distributed to...
More Precedent
20 November 06:00
Teekay LNG Partners L.P. is a publicly-traded master limited partnership formed by Teekay Corporation that focuses on liquefied natural gas and liquefied petroleum gas shipping and transportation services…
More Precedent
17 November 10:00
UK-based Liberty Energy Corporation recently entered into business agreements targeted at natural resource exploration, for a total of $525,000…
More Precedent
16 November 16:00
Energy continues to flow through the energy industry. Following its IPO earlier this year, Solarwinds is back in the market with the announcement it has priced 12 million shares of common stock at 18.75 per share…
More Precedent
13 November 02:00
Coal-fired opportunities are powering back up, almost in spite of climate change concerns. Savvy players from NRG to the Tennessee Valley are taking notice. Sitting in the cross-hairs of emerging climate change regulation and lingering real estate troubles…
Precedent Watch
11 November 13:00
Energy-related companies are taking diverse approaches to increasing capital. The latest: International marine fuel logistics company Aegean Marine Petroleum Network Inc, and…
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10 November 12:00
GMX Resources (GMXR) announced that it has closed a transaction in which GMXR and Endeavor Pipeline Inc., a subsidiary, transferred mid-stream gas gathering and…
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04 November 15:00
American Energy Group Ltd has acquired from Hycarbex-American Energy, Inc. a working interest in Pakistan valued at $3.2 million…
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04 November 13:00
EDF Energy, one of the UK’s largest energy companies, recently offered £10 billion in medium term notes…
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04 November 06:00
Oil and gas reserves are poised to become a hot disclosure topic. On October 30, 2009, the Office of the Chief Accountant of the U.S. Securities and Exchange Commission issued…
Precedent Watch
30 October 11:30
Just as the tech sector took off in the late 1990s, the energy now appears to be gearing up as the sector to watch. The latest sign? Encana Corp, a Calgary Alberta corporation, intends to separate itself into highly focused energy companies…
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09 September 00:30
Online gambling lurks in the murky fringe between legal and illegal in Canada. With British Columbia leading the way, it appears…
Precedent Watch
08 September 13:35
Oracle Corp offered its new co-president, Mark Hurd, former head of Hewlett-Packard Co, a salary of $950,000 and a bonus of up to $10 million for fiscal 2011, plus stock options...
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08 September 11:52
Sanofi-Aventis SA pitched a new offer to acquire U.S. biotechnology company Genzyme Corp for $71 a share in exchange for the opportunity to conduct "partial due diligence"...
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07 September 00:30
Cancer treatment and its underlying technology just took a noteworthy step forward, via a JV between Accuray, the U.S. radiosurgery company, and Siemens, the German engineering group. The deal is notable...
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06 September 11:04
Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room...
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03 September 00:30
With a multi-jurisdictional placing almost as smart as its name, Masawara is hoping that investors will see the potential for growth in Zimbabwe as the southern African country stands poised for political change…
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02 September 10:27
Hewlett-Packard Co raised its bid for data storage company 3PAR Inc to $2.4 billion, beating Dell Inc's latest offer in a bidding war that many analysts have said has gone too far...
Reuters News
02 September 04:39
Baidu Inc, operator of China's dominant search engine, said that it will focus its future mobile Internet investments on its core search business as it takes aim at the next big Internet space...
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02 September 03:44
The United States likely will strike a ground-breaking deal by the middle of next year to sell the United Arab Emirates a multibillion-dollar Lockheed Martin Corp missile defense system...
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01 September 22:29
China's Sinochem has hired HSBC bank to advise it on its options regarding Potash Corp, the target of a $38.6 billion hostile bid from BHP Billiton...
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01 September 17:39
Australian energy firm Santos Ltd plans to raise as much as A$2 billion ($1.8 billion) in a rights issue to fund its Curtis Island liquefied natural gas project, The Australian newspaper said...
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01 September 02:26
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT...
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01 September 01:00
American industrial giant 3M has proposed a billion-dollar acquisition of biometric identification solutions provider Cogent, Inc…
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31 August 21:28
August's unseasonable burst of dealmaking -- the busiest in over a decade -- could herald a wider rebound in M&A for the remainder of the year as low interest rates, record cash piles and...
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30 August 20:27
Brazil's richest man, Eike Batista, said he plans to create a high technology company and an automobile company within a year...
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30 August 19:45
Hewlett-Packard Co has agreed to pay $55 million to settle kickback allegations related to federal government contracts, the U.S. Justice Department said...
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29 August 21:57
South Korea's POSCO, the world's No.3 steelmaker, is considering buying Norwegian silicon maker Elkem AS, POSCO Chairman Chung Joon-yang said...
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27 August 11:05
Billionaire investor Carl Icahn has increased his holding in Motorola Inc to about 10.4 percent, according to documents the company filed with the U.S. Securities and Exchange Commission...
Reuters News
27 August 10:33
U.S. chipmaker Intel and Infineon are likely to announce an agreement on the future of the German chipmaker's wireless business this weekend, three people familiar with the matter said...
Reuters News
27 August 09:57
Hewlett-Packard Co raised its offer for 3PAR Inc to $2.0 billion, once again topping Dell Inc's bid and showing it had plenty of ammunition in the bidding war for the data storage company...
Reuters News
27 August 08:33
Nortel Networks Corp is selling its global multi-service switch business to Marlin Equity Partners and Samnite Technologies Inc for $39 million in cash, the company said...
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27 August 05:02
India's value-added (VAS) telecom service providers are girding up to raise money from the primary market as they get ready to support India's plan to launch 3G services that promises to boost telecom profits...
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27 August 00:15
Water treatment systems company Sionix Corp recently settled approximately $520,000 in claims with distressed investor Ascendiant Capital Group...
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26 August 12:12
Dell Inc raised its bid for data storage company 3PAR Inc to $1.6 billion (1.0 billion pounds), offering slightly more than bigger rival Hewlett-Packard Co which is expected to respond with an even stronger bid...
Reuters News
26 August 04:19
Vodafone Essar, India's No.3 mobile company, has decided not to proceed with an initial public offering of the joint venture for now, sources familiar with the matter told Reuters...
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26 August 04:03
Security services group G4S reported a 3 percent rise in first-half profit, helped by strong performances at its emerging markets businesses, and predicted UK government spending cuts would...
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26 August 03:50
Rochester, New York-based Fibertech is changing hands from Nautic Partners and Ridgemont Equity Partners, which was previously part of Bank of America Corp...
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26 August 02:37
The fate of BlackBerry's encrypted email and messaging services in India will be decided in last-ditch talks starting between the smart phone's maker and security agencies ahead of...
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26 August 00:15
A recent distribution MOU involving a Turkish software developer stretches “globalization” to its limits…
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24 August 19:00
Brazil is seeking to boost its production of biodiesel and create jobs in the countryside by encouraging biofuels companies to buy raw materials from small farmers...
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24 August 15:27
Shares in Dell Inc dived more than 5 percent on a report the PC maker is preparing to sweeten its bid for 3PAR Inc, after its offer was trumped by larger rival Hewlett-Packard Co...
Reuters News
24 August 14:00
In the highest-tech of spy-tech/security mergers, FLIR Systems has announced an all-cash tender for shares of ICx Technologies…
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24 August 13:33
Media conglomerate Time Warner Inc is poised to purchase television network Chilevision, which is owned by Chile President Sebastian Pinera, a source familiar with the deal said...
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24 August 00:05
Now that Google is back in China, the search engine may find things have slightly changed in its absence. In particular, some of its competitors have packed on some M&A weight…
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23 August 11:48
Industrial conglomerate Emerson Electric Co set its second asset sale in less than a week, agreeing to sell its LANDesk Software technology services unit to...
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20 August 09:26
Global mergers and acquisitions have hit nearly $200 billion this month, making it already one of the busiest Augusts on record in what is typically one of the year's quietest periods...
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19 August 09:28
Chip maker Intel Corp said it would buy security technology firm McAfee Inc for $7.68 billion in an effort to make security technology a strategic focus...
Reuters News
19 August 09:15
MasterCard Inc said it would buy British payment services provider DataCash Group Plc for 333 million pounds ($520 million) in cash to expand its e-commerce business...
Reuters News
19 August 01:46
India's telecoms ministry has suggested a formula by which security agencies can get access to corporate email on Research In Motion's Blackberry devices, the Economic Times reported...
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18 August 10:24
Nidec Corp said it will buy two of Emerson Electric's motors businesses in a deal believed to be worth up to $820 million, adding to a surge in overseas deals by Japanese firms seeking growth and...
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17 August 08:30
Hewlett-Packard Co said it would buy Fortify Software, a privately held security software maker based in San Mateo, California for an undisclosed sum...
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17 August 02:26
India, which has threatened to block some BlackBerry services over security worries, has formally asked mobile operators to ensure a monitoring system for the smartphone's services by August 31...
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17 August 00:30
The BlackBerry controversy has exposed an internet trap for unwary companies and lawyers alike. Governmental threats to giants like Google, Yahoo and RIM impact…
Precedent Watch
16 August 21:19
South Korean earphone and headset maker Cresyn said on Tuesday it had not given any improper commissions to an Apple global supply manager charged with accepting kickbacks from Asian companies...
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16 August 19:25
Private equity-owned Nielsen plans to raise up to $2.01 billion through an initial public offering, more than the $1.75 billion it was originally aiming for, it said in a U.S. regulatory filing...
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16 August 11:03
Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its cloud computing business to compete with other technology services companies like IBM...
Reuters News
16 August 09:30
Veeco Instruments Inc agreed to sell its metrology business to scientific instrument maker Bruker Corp for $229 million in cash, to focus on process equipment for the LED...
Reuters News
16 August 02:45
Hulu is planning an initial public offering which could value the U.S. video viewing site at more than $2 billion, the New York Times said...
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16 August 01:30
The contract is inked, the funds are dispersed, and the deal closed – now who is bearing the post-closing risks? The importance of this risk-allocation has grown, thanks to...
Precedent Watch
13 August 17:00
IBM said it intends to purchase marketing software maker Unica for roughly US$480 million, in a move that will boost Big Blue's capabilities for creating focused marketing campaigns...
Reuters News
13 August 02:30
Oracle Corp sued Google Inc, alleging patent and copyright infringement in the development of the popular Android smartphone software...
Reuters News
13 August 01:30
EU competition issues can slow down many an EU merger but with companies sweet talking the European Competition Commission into accepting their own divestiture plans even mega-takeover deals are getting an EU seal of approval…
Precedent Watch
12 August 18:10
India, the world's fastest-growing telecom market, said it would hobble Research In Motion's BlackBerry smartphone unless the company gives it the keys to decode encrypted email and messages by the end of August...
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12 August 02:22
India may temporarily shut down BlackBerry services if security concerns are not addressed in a meeting on Thursday, sources said, a sign the Canadian firm's tussle with authorities around the world is far from over...
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12 August 01:30
Magnachip Semiconductor, a Delaware technology maker may be readying its forces to IPO in the United States, after a withdrawn attempt earlier this year. Fresh from Chapter 11 restructuring…
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11 August 02:00
Research In Motion has agreed to hand over user codes that would let Saudi authorities monitor its BlackBerry Messenger, as it seeks to stop the kingdom from silencing the service...
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11 August 01:30
The world's newest energy player, Israel, has burst onto the world stage leveraging both clean tech brains and hydrocarbon brawn. Houston's Noble Energy and Ormat Technologies of Nevada, meanwhile...
Precedent Watch
10 August 12:42
A joint venture of private Turkish companies Is-Kaya Insaat and MMEKA Machinery made top bids totalling nearly $5 billion for rights to operate two Turkish power grids...
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10 August 11:36
For once, Sao Paulo's horrid traffic could help a local company get somewhere...
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10 August 01:52
Australia's conservative opposition pledged to scrap the Labor government's planned $38 billion high-speed broadband network in favour of a cheaper and smaller private scheme, if it is elected...
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09 August 12:00
BlackBerry maker Research In Motion is facing demands for access to its encrypted data in some of its fastest-growing markets…
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09 August 10:00
Skype S.A.R.L. filed with U.S. regulators to raise up to $100 million in an initial public offering of American Depositary Shares...
Reuters News
09 August 02:18
Kuwait has no intention of stopping BlackBerry services for the time being but is talking to the device's manufacturer about moral and security concerns...
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07 August 22:24
The Saudi telecom regulator told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by certain services available on Research In Motion's BlackBerry smartphones...
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06 August 14:21
Google Inc bought social networking company Slide as the Internet search and advertising company bolsters its social networking capabilities to compete with Facebook...
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06 August 12:38
New York Attorney General Andrew Cuomo filed an antitrust case against Hitachi, Toshiba and other makers of LCD screens, claiming that they conspired to fix prices for a decade...
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06 August 04:32
Apple Inc is in takeover talks with Chinese software maker Handseeing, an executive of the Chinese company said...
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05 August 12:40
Baidu, China's biggest web search engine, is aiming to make more overseas investments in the near future, its chief executive said...
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05 August 12:08
Acer Inc, the world's No.3 PC brand, said it aims to book revenue of $2.5 billion in China next year and expects to become Asia's No.2 PC brand, helped by a deal with China's Founder Technology Group Corp...
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05 August 01:00
The makers of the BlackBerry smartphone held last-ditch talks with Saudi Arabia to avert a threatened cut-off of a key service, while India took a tough line with the Canadian company...
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05 August 00:15
In one of the world’s most ambitious diversification programs, the United Arab Emirates has staked out the most high tech of them all: aerospace…
Precedent Watch
04 August 10:37
Intel Corp has agreed to stop using threats and bundled prices to hamper competition, settling charges that it illegally abused its market dominance in microprocessors...
Reuters News
04 August 07:49
Google is set to allow advertisers in Europe to use rivals' trademarks when bidding for online ads in a move that will prevent big brand owners from controlling which ads appear during users' searches...
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04 August 02:10
Saudi Arabia on Tuesday ordered at least one Research In Motion's BlackBerry smartphone service to be blocked as of Friday, becoming the latest government to threaten to curb the device on security grounds...
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02 August 12:48
Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books...
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02 August 02:00
IP dramas worthy of Hollywood show U.S. courts to have assumed a central role on China's integration into world markets and exchanges. While alleged IP infringement isn't news, handling them in the U.S. is, and is fraught with risk...
Precedent Watch
30 July 02:00
Reverse takeovers are on the uptick, as is the legal complexity that rides alongside them, sometimes stopping them in their tracks. Fueling this is an increase in UK cash shells, and both LSE and AIM companies benefit…
Precedent Watch
29 July 21:01
Google Inc said its earlier report that Internet search services in China were being fully blocked could have been the result of a technical glitch that overstated the problem...
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29 July 16:30
The Justice Department said it sued Oracle Corp, alleging it defrauded the federal government on a software contract in effect from 1998 to 2006 that...
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29 July 10:43
Clearwire Corp has agreed to rent space on its network to Best Buy Co Inc so that the electronics retailer can sell wireless services directly to consumers, the companies said...
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29 July 08:44
Japan's Panasonic Corp said it would buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to $9.4 billion in cash and shares to accelerate its push into greener businesses...
Reuters News
28 July 10:00
Spain's Telefonica has won its battle for a bigger share of the burgeoning Brazilian market, raising its offer for Portugal Telecom's stake in mobile operator Vivo to...
Reuters News
28 July 06:45
RealPage Inc filed with U.S. regulators to raise up to $189 million in an initial public offering of its shares...
Reuters News
28 July 02:30
Google may be turning green with envy over Baidu’s recently released unaudited financial results for its fiscal second quarter. The Chinese language search provider inherited a…
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28 July 02:00
General Motors does not want to leave things to chance when it comes to its announced $3.5 billion merger with AmeriCredit. The auto giant has locked up...
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28 July 01:00
Contrary to other industries’ credit woes, Israel’s cash-laden Radvision has announced an offer to repurchase nearly a million of its shares representing 5% of the company’s voting power…
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27 July 12:59
General Electric Co will pay $23.4 million to settle charges that executives bribed Iraqi government officials to win contracts, the U.S. Securities and Exchange Commission said...
Reuters News
27 July 12:58
European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market...
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26 July 02:00
In one of the most controversial UK IPOs this year, Ocado has plowed ahead with its initial public offering, despite criticism over its market valuation and its last minute revisions to…
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26 July 01:45
Carlyle Group has agreed to sell Kbro, Taiwan's largest cable TV operator, to the controlling shareholder of Taiwan Mobile in a deal worth about...
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26 July 01:30
Much of the US$55 billion in outbound investment, invested in the first half of 2010 by Chinese entities, can be credited to agile corporate counsel. Navigating through the maze of China’s outbound investment laws, these lawyers…
Precedent Watch
23 July 01:00
Diageo is turning to whiskey to drown its pension woes as it becomes the latest UK company to use asset-backed schemes to fund its pension deficit…
Precedent Watch
23 July 00:15
Faced with overwhelming telecom competition, M&A provides a welcome respite. In their corner of VOIP, YMax Corp. and Israel’s VocalTec Communications Ltd. are...
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22 July 16:45
Dell Inc said it has agreed to a $100 million settlement with the U.S. Securities and Exchange Commission following an...
Reuters News
22 July 16:00
Fresh on the heels of its recent $225 million backdating settlement, Israel’s Comverse Technologies continues to pique the interest of global investors…
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22 July 07:00
Dutch company NXP Semiconductors N.V. filed with U.S. regulators for a $663 million initial public offering of its shares...
Reuters News
21 July 23:10
U.S. lawmakers called for tough new measures to punish China for its failure to stop widespread piracy and counterfeiting of U.S. goods ranging from music CDs to manufactured products…
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21 July 20:26
Baidu Inc, China's dominant online search engine, said it expected its traffic acquisition costs to remain at current levels, following a sharp drop over the last year...
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21 July 14:28
British defense group BAE Systems is seeing unprecedented levels of interest from Middle East and Asian customers and is close to sealing a 500 million pound ($765.2 million) deal to sell Hawk jets to India...
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20 July 17:40
Facebook may continue business as usual while it fights a New York man's claim he has a contract with founder Mark Zuckerberg that entitles him to 84 percent ownership of...
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20 July 03:28
Ireland to auction bonds after Moody's downgrade...
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19 July 12:54
Aircraft leasing firms made a major comeback, as industry veteran Steve Udvar-Hazy dropped $4 billion on A320s and former arch-rivals at General Electric doubled his efforts...
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19 July 09:45
Nokia Siemens Networks is buying Motorola Inc's telecom network equipment business, boosting its position in North America and taking number two spot in the cut-throat mobile gear market...
Reuters News
19 July 05:02
Abu Dhabi and U.S.-based United Technologies plan an $800 million military aircraft maintenance and repair joint venture based in the United Arab Emirates to service the UAE and other countries...
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15 July 02:00
A group of former Israeli Air Force fighter pilots has taken a dogfight to the boardroom as Israel’s Magal Security Systems braces for a potentially bruising proxy battle…
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14 July 02:00
The value of mergers and acquisitions in sub-Saharan Africa doubled in the first half of 2010 from last year, and investment banking fees fell as competition for contracts intensified, according to Thomson Reuters research...
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12 July 06:30
Guxiang, a company that operates Google's websites in China, was included in a list of more than 200 companies that had their licenses renewed...
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11 July 01:00
Taking public companies private ascribes new meaning to the Latin maxim, e pluribus unum. Abu Dhabi’s publicly listed Aabar Investments PJSC has announced…
Precedent Watch
09 July 02:00
Lenovo-affiliate and tech giant AsiaInfo Holdings, Inc. just completed its merger with Linkage Technologies Holdings…
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09 July 01:00
Human rights policies are an increasing shareholder demand. Honeywell, Motorola, DuPont and even Halliburton have put the matter to a shareholder vote...
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08 July 03:00
The lending gap for startups and small companies is disappearing, at least for a lucky few. Since the financial crisis, smaller and riskier companies such as…
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08 July 02:29
The global aerospace and defense industry is in slowdown mode but Middle Eastern countries are bucking the trend thanks to heavy investments in the sector and a growing wealthy population...
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07 July 08:19
Swedish measurement systems firm Hexagon AB said on Wednesday it would pay $2.1 billion for U.S. software firm Intergraph to capitalise on expanding demand from energy, security and infrastructure firms...
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05 July 02:00
Just when companies welcomed a sign that the SEC might be backing down on its backdating pursuit, the hammer of the plaintiffs’ bar has struck a blow for corporate transparency…
Precedent Watch
02 July 09:00
Google Inc plans to buy one of the Web's key providers of airline travel software for $700 million, potentially raising new antitrust concerns for the world's largest Internet search engine...
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01 July 08:11
British company Chloride is to start talks with Emerson Electric after rival suitor ABB pulled out in the face of an improved 997 million pounds ($1.5 billion) offer from the U.S. group...
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01 July 00:30
When the government both competes and regulates, the outcome of the competition should rarely be in doubt…
Precedent Watch
01 July 00:30
SMART Technologies of Calgary is on the verge of one of the most highly anticipated Canadian tech IPOs in years…
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30 June 07:55
Boeing Co said it agreed to acquire defense manufacturer Argon ST Inc for about $775 million to expand its surveillance and intelligence offerings...
Reuters News
29 June 23:15
Google has stopped automatically redirecting some search traffic from China to its Hong Kong search engine in a bid to placate angry Chinese officials, the company said Tuesday….
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29 June 18:00
The Bilski case, decided on June 28, 2010, has been closely followed around the world because of its potential impact on the standard for patentable subject matter and how this standard will affect companies involved in…
Precedent Watch - Guest Author
29 June 12:33
Google Inc is expected to close a $3 billion, three-year revolving credit facility this week, marking its first visit to the syndicated loan market, Jacqueline Poh of Thomson Reuters LPC reports...
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29 June 10:43
Google Inc said it will stop automatically rerouting users in China to an uncensored search page, a move that aims to preserve its operating license and signals a fight to save the firm's Chinese business...
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28 June 11:34
The Supreme Court upheld a ruling refusing to give a patent for a business method, but also criticized the prevailing standard for deciding whether to allow such patents...
Reuters News
28 June 02:00
Showing off its bend toward innovation, Vishay Intertechnology, Inc., has just spun out its subsidiary Vishay Precision Group, Inc., onto the NYSE…
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28 June 01:00
Earnouts may be either agreements to disagree or valuation bridges, but they certainly are drafting challenges. Despite this complexity, they've been featured in recent deals, among them...
Precedent Watch
28 June 00:15
Playing ball in the UAE just got a little easier, as the Gulf nation recently announced a major policy shift in its defense contracting scheme...
Precedent Watch
27 June 22:50
The company would be willing to take either a minority or majority stake in a local African operator, Wang Jianzhou said on the sidelines of the Fortune Global Forum in Cape Town…
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24 June 13:27
Six companies have agreed to pay $173 million to settle U.S. antitrust lawsuits accusing them of conspiring to keep computer chip prices artificially high...
Reuters News
24 June 11:38
Privately held microblogging service Twitter has agreed to a settlement with the U.S. Federal Trade Commission over charges that it put customers privacy at risk by failing to safeguard their personal information...
Reuters News
24 June 11:30
Britain could force internet service providers such as BT, Virgin Media and TalkTalk to reveal whether they restrict access to some websites at peak times while favouring others, regulator Ofcom said...
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24 June 02:13
Google Inc won a landmark victory over media companies as a Manhattan federal judge threw out Viacom Inc's $1 billion lawsuit accusing the Internet company of allowing copyrighted videos on its...
Reuters News
24 June 00:30
RRSat Global Communications Network Ltd. appears to have taken another step in shrinking the planet as it expands its networking capabilities around the world...
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23 June 00:15
The apparently boundless growth potentials of telecom and Islamic finance have come together in the fertile soil of Indonesia…
Precedent Watch
22 June 21:02
The U.S. Federal Communications Commission approved Verizon Wireless's $2.35 billion wireless spectrum license sale to AT&T Inc...
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22 June 10:23
Frontier Communications Corp is suing to stop Google Inc from offering a service that gives users one phone number connecting their home, work and cell phones because it infringes a patent...
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21 June 12:30
Telesp, the Brazilian phone company controlled by Spain's Telefonica, has been promised around 30 billion reais ($17 billion) in financing to take over wireless carrier Vivo...
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18 June 05:02
May public finances slightly better than expected...
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18 June 04:31
Sony Corp CEO Howard Stringer took home $4.5 million plus stock options in the past financial year -- when the electronics giant lost close to $450 million -- making him one of the highest paid executives...
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18 June 00:00
As the summer holiday looms close, gamers are rallying around Perfect World, which has been compared to Blizzard’s World of Warcraft and dubbed the next Farmville, after the original Facebook sensation…
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17 June 15:01
AOL Inc will sell its Bebo social network site to private investment firm Criterion Capital Partners for an undisclosed sum, as it tries to restructure its business and deal with declining revenue...
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17 June 06:33
EU regulators, who dropped an antitrust investigation into Qualcomm seven months ago, are looking into a complaint by a British company accusing the U.S. wireless chip firm of anticompetitive activity...
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17 June 02:00
Technology M&A is white hot with recent deals from Hewlett Packard, IBM, and SAP. Now even Japan’s technology sector is heading stateside and prowling for acquisitions…
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15 June 10:15
Rupert Murdoch's News Corp is proposing to pay $12 billion to take control of British satellite broadcaster BSkyB as it seeks to generate steadier earnings and make better use of its cash pile...
Reuters News
14 June 14:02
Cablevision Systems announced a one-two punch to acquire Bresnan Communications for $1.37 billion and repurchase $500 million of its own stock, sending shares up 6.2 percent as investors cheered moves to...
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14 June 13:34
Japan-based IT services company NTT Data Corp said it agreed to buy New Jersey-based Intelligroup Inc for about $199 million through an all-cash tender offer...
Reuters News
14 June 02:00
Plucky Brits can still give acquisitive Amercians a run for their money, even though the UK is a land of few takeover defences. As both Raymarine and Chloride have recently proven, a target can still wield a few legalistic maneuvers in self defence…
Precedent Watch
14 June 01:00
Mid-market M&A is anything but middling. Cardinal Health, Hewlett Packard, and a pack of PE funds have all recently announced the acquisition of mid-market companies...
Precedent Watch
14 June 00:30
Global communications and Israeli consolidation, just took another step forward with the $58 million acquisition of Israel’s TTI Team Telecom by PE-backed TEOCO Corporation...
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11 June 11:51
Reliance Industries, India's largest-listed conglomerate, said on Friday it will buy a 95 percent stake in Infotel Broadband Services for 48 billion rupees ($1.03 billion)...
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11 June 10:29
Motorola Inc and BlackBerry maker Research In Motion Ltd have reached a technology licensing agreement, ending more than two years of litigation with each other, the companies said on Friday...
Reuters News
11 June 01:00
Qatar’s Lilliputian size belies its deal-making prowess. Pound-for-pound, it may be the world’s richest (non-tax haven) country, but Qatar hasn’t put all its eggs in the energy basket...
Precedent Watch
11 June 00:00
In a stark warning of just how badly a joint venture can go wrong, beleaguered bioplastics company, Stanelco plc, has announced that following its disastrous joint venture with Sphere SA…
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10 June 04:49
Merger and acquisition activity in the defense industry is heating up, and is expected to far surpass the deal volume last year as larger companies target smaller ones with niche technologies...
Reuters News
10 June 01:00
The purifying waters of M&A washed over Culligan. After recently registering an initial public offering with the SEC, bottled water and water dispenser provider Primo Water Corporation has agreed to...
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10 June 01:00
A first-of-its kind trade treaty stands to heat up the surprisingly dynamic relationship between Brazil and Israel…
Precedent Watch
09 June 14:44
Google Inc said on Wednesday recent changes to Apple's developers agreement would effectively cripple Google's advertising tools for the iPhone, creating "artificial" barriers to competition...
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09 June 01:00
China as “factory to the world” is at some risk, even posing a threat to iconic brands like Apple and Honda. Strikingly few Western companies have disclosed this…
Precedent Watch
08 June 01:00
Toronto, Boston, and St. Louis may be a long way from Silicon Valley, but a notable venture capital exit in the technology sphere featuring players from all three locales is unfolding…
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04 June 08:00
Electric vehicle developer and manufacturer Tesla Motors recently launched a $100 million initial public offering and agreed to the sale of...
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04 June 02:47
With sales of web-based business software soaring, companies that focus on cloud computing are slipping into a sweet spot as technology giants look to bolster their presence in this fast-growing segment...
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03 June 17:17
Several large investors in Elan Corp Plc are urging the company to delay a planned spin-off of its drug delivery business, arguing the company could extract more value from the unit by waiting...
Reuters News
01 June 11:04
Chinese Internet firm Shanda Interactive Entertainment Ltd entered into an asset sale agreement with Hurray Holding Co Ltd to buy its recorded music and wireless value-added services business...
Reuters News
26 May 04:00
In a global takeover deal virtually designed to create air miles, billable hours, and precedent banks for lawyers, three companies from different corners of the world are in the grips of a hostile takeover…
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25 May 02:00
Leveraging an ambitious national R&D initiative, Protolix BioTherapeutics, Inc., announced receipt of $4.1 million in government grants from Israel’s Office of Chief Scientist...
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24 May 01:00
It’s the size of New York City, but its causeway runs toward Mecca rather than Montauk. The Kingdom of Bahrain is an unquestioned leader in Islamic finance and a...
Precedent Watch
20 May 04:00
Israel’s high tech defense and avionics systems manufacturer Elbit Systems Ltd. announced earlier this week that it will issue a shelf prospectus valid for two years, thus allowing…
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14 May 01:00
IP pours forth from Israel, boosting both M&A and legal activity centered on technology. Companies like CheckPoint, Teva and Vishay are the result. IP creation is driven by its IP-fostering laws…
Precedent Watch
13 May 00:30
In a sign that the biotech industry is alive and well in the UK, two venture capital firms are exiting their investment in Excelsyn Limited…
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12 May 08:00
As Delaware-incorporated Maxlinear, Inc is learning, just because a company is financially ready to IPO doesn’t mean it knows the ropes of SEC compliance. Semiconductor technology company Maxlinear recently…
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07 May 08:00
In continuing signs of adjustments to the UK’s capital markets, Pearson plc has agreed to the largest UK leveraged buyout this year…
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05 May 08:00
Amidst the credit crisis and aftermath, some small caps have had to paddle triply hard to restructure and survive. From the financing double whammy of cut off credit lines and…
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05 May 01:00
Sustainability reporting has been a hot proxy topic for shareholders of some of the largest tech companies this year, but the proposals are resulting in diverse outcomes…
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30 April 08:00
As a newly independent company, AOL has been busy refreshing its agreements with former stakeholders like Time Warner, CNN Interactive, and Google…
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28 April 02:00
If the telecom industry in the Middle East and North Africa is hot, the competition is positively sizzling. Players are turning over every rock to find a new patch of sand unserved or underserved by existing infrastructure…
Precedent Watch
27 April 06:00
China’s new regulations on foreign investment reaffirm openness to overseas companies amidst an atmosphere of bribery scandals, internet company exodus and accounts of hostility towards foreign companies…
Precedent Watch
26 April 08:00
The ship may have sailed for internet piracy in the UK, but internet pirates are not the only ones who feel that the new Digital Economy Act is a rum deal. Internet service providers (ISPs) have been quietly grumbling about their new role…
Precedent Watch
21 April 04:00
The brave new world in which the scorching desert sun powers our air conditioning may finally be at hand. Green technology — solar, wind, carbon capture and others — may pour hundreds of billions of dollars into MENA in the coming decades…
Precedent Watch
20 April 08:00
Recent monetary tightening policies in the PRC have prompted companies to look within for sources of quick credit. Cost effective financing options such as commercial paper and other promissory notes are…
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16 April 01:00
Even the consultants need consulting, from the SEC no less, as to their disclosures. The Commission shone its bright light on Accenture, and in the process illuminated its own, broader concerns…
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15 April 02:00
Alternative energy consolidation is up globally, evidenced most recently by U.S.-based Prime Sun Power Inc, the alternative energy company, which has agreed to buy two photovoltaic energy production plants from…
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14 April 02:00
Once acutely secretive guardians of national treasure, sovereign wealth funds (SWFs) may be creeping out of the shadows with conspicuous efforts to achieve transparency…
Precedent Watch
12 April 04:00
A recent filing by a Turkish telecom company suggests that either the world credit crisis may be fading, or one just needs to know where to look. Earlier this month, Turkcell Iletisim Hismetleri A.S. announced…
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06 April 01:00
If Microsemi Corporation is any indication, things may be looking up for the semiconductor industry, which like many industries was hard hit by the credit crisis…
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02 April 13:00
While the corners of cyberspace reverberate from Google’s backdoor retreat out of China through Hong Kong, Google’s loyal PRC-based business partners stand dumfounded, asking ‘now what!?’…
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31 March 04:00
Recent SEC filings provide a rare window into UK venture capitalism, in a sign that investors may be developing a taste for promising new companies once again...
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31 March 04:00
To buy or not buy—is the crucial question in M&A. Fortunately for the cautious at heart, would be acquirers have options, such as licensing agreements…
Precedent Watch
25 March 06:00
The surprising trajectory of bankruptcy straight to IPO may seem incongruous, but is all too real. In what may perhaps prove to be an interesting precursor for skeptics who think that GM going public soon is laughable…
Precedent Watch
19 March 04:00
Cyber attacks are a growing global problem affecting businesses both within and outside of the traditional IT sector. In the U.S., the Pentagon has just announced that it is to create a cyber army in the wake of…
Precedent Watch
18 March 06:00
Nortel Networks recently filed as part of its 10-K agreements or amendments for many of the deals which were at the center of the 2009 headline topping deconstruction of Nortel. This 10-K is a deal lawyer’s treasure trove, as it contains numerous cross-border stalking horse bids from multiple countries…
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16 March 08:00
Compensation committee independence is front and center in the battle over executive pay, with Goldman Sachs the latest to receive proposals about CEOs on their board. The concern: CEOs indirectly benefit from…
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15 March 08:00
The lack of takeover defences available to UK companies has seen Cadbury, VT Group and Minerva all ducking and diving in the face of hostile bids but unable to throw a punch of their own…
Precedent Watch
08 March 12:00
France Telecom and Deutsche Telekom may have gotten a rare, lucky break from competition authorities in Europe after a review of their proposed JV merging the Orange UK and T-Mobile UK brands…
Precedent Watch
01 March 05:00
Despite the potential size of the domestic television watching market, media content remains one of the most controlled sectors in China’s economy. Many point to incidents such as the banning of Facebook…
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01 March 02:00
Looks like the technology industry is in for a small shake-up with the acquisition of semiconductor supplier Silicon Storage Technology, Inc. by its competitor and Cerberus affiliate, Microchip Technology Inc…
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25 February 02:00
In the last few weeks, Travelport, Merlin Entertainments and New Look all have seen their IPOs pulled by their private equity owners, in the face of market volatility…
Precedent Watch
23 February 04:00
Amid increasing demand for more environmentally friendly energy sources such as solar power, and increased transactional activity on the global energy front, SunPower Corp. is...
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10 February 11:00
In an unusual move amid increased corporate oversight and executive compensation scrutiny, the SEC will not proceed further against executive officers of semiconductor manufacturer Broadcom for...
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05 February 06:00
High-performance electric vehicles manufacturer Tesla Motors is driving into the public U.S. market with a $100 million initial public offing (IPO)…
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04 February 11:00
The Federal Reserve earlier this week launched a website designed, essentially, to teach bank directors how to be a director...
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03 February 12:00
As shareholder meetings near for companies across the globe, many face corporate governance changes. In the UK, Domino Printing Sciences plc has issued a Notice of Annual General Meeting (AGM)…
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02 February 06:00
Pharmaceutical healthcare organization BioScrip appears to have its sights set on expanding its business with the planned acquisition of…
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02 February 04:00
Vringo, a video ringtone service provider, filed a registration statement for its IPO...
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01 February 01:00
On the heels of the Google drama regarding internet censorship in China, another battle is coming to light over the principles of net neutrality. In a rare showing of activism, shareholders at Comcast have submitted…
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29 January 13:45
Corel Corp., an Ontario-based software provider, has recently been contacted by the Securities Exchange Commission (SEC) regarding a...
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29 January 04:00
Corporate disclosure on the ultra-sensitive topic of computer and network security breaches have been highlighted by Google’s recent disclosure of a cyber attack originating in China…
Precedent Watch
28 January 08:00
Convio, a company that helps nonprofits raise funds, is now hoping to raise $57.5 million to help itself….
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27 January 09:00
Breaking up is always the hardest part, as some “wallet-broken” stakeholders are finding out in bankruptcy court. Capmark, Nortel, Canwest and others are spiraling out of existence with each asset sale…
Precedent Watch
26 January 11:00
Shareholder activism may be the key this year to empowering and advancing shareholder interests. For an example of activism in action, look no further than Take Two Interactive Software...
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20 January 08:00
Digital rights are surprisingly dramatic. From Google Books to Amazon’s Kindle, most users may not be aware that their sleek new holiday “toys” are actually a bundle of legal uncertainty, wrapped in a bow, yet shrouded in mystery…
Precedent Watch
18 January 16:00
Telecommunications company Conestoga Enterprises recently a filed a $1.1 billion exchange offer of 7.875% Senior Notes due 2017 for 7.875% Senior notes…
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15 January 10:00
A year after it was first posed by Westlaw Business Currents, “to blog or not to blog” disclosures remains the question. Google revealed in a widely-reported SEC filing that…
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13 January 15:00
Credit card woes of a different sort appeared in recent filings relating to Visa. A settlement was reached with related party, Heartland Processing Systems, which...
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08 January 07:00
Chinese reverse mergers have spread from Nevada targets all the way to Quebec. For a particularly artful two-step, consider Amico Games...
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07 January 13:00
Small company acquisition as a growth path (for the acquirer) and exit (for the target) is set to pick up in 2010, and an early entrant is the sale of Israeli innovator Cloverleaft Communications to Colorado’s Dot Hill Systems…
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06 January 15:00
After a year of beefing up its enforcement muscle, the SEC is bringing some charges full circle. Earlier this week, the regulator settled insider trading charges centering around Dell Inc’s acquisition announcement of Perot Systems...
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06 January 13:30
In a stark contrast to this time last year, a number of lenders are signaling restored confidence in issuing credit to borrowers. For example, vehicle security system LoJack Corporation secured a…
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05 January 15:30
Capital market activity is starting out with some big offerings for 2010. Missouri-based Charter Communications Inc has filed with the SEC an offering of…
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04 January 09:00
FCPA enforcement has stepped up yet again, even touching China-related actions in the U.S.A. The SEC’s year-end salvo against California’s UTStarcom Inc. was announced under the cover of 2009’s year end close….
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31 December 07:00
Video game publisher THQ entered into settlement agreements with World Wrestling Entertainment Inc (WWE) and Jakks Pacific Inc regarding the WWE video game…
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29 December 15:00
After high demand from leading institutional investors, Clear Channel Outdoor Holdings closed private placement offerings of two series of senior notes totaling $2.5 billion, by...
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29 December 08:00
Shareholders of Xerox Corp. and Affiliated Computer Services, Inc (ACS) announced that they will vote on Xerox’s Agreement to purchase ACS...
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22 December 12:50
California tech company ActivIdentity Corp. entered into a merger agreement with CoreStreet Ltd and John F. Burton, the stockholder representative late last week…
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22 December 12:00
Nokia OYJ, the Finish telecommunications company, has announced a Euro Medium Term Note Programme for €5,000,000,000, as part of its preparation for an apps war with Apple…
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17 December 12:00
Comverse Technology Inc settled a class action lawsuit over stock options backdating on Thursday for $225 million, with ex-CEO Jacob "Kobi" Alexander, who fled to Namibia, contributing $60 million…
Precedent Watch
17 December 02:00
Media companies such as Virgin Media and BT are switching on to the notion of a “Digital Britain”, and related disclosures are a hot topic in the UK these days. With the UK government’s announcement of a public subsidy for…
Precedent Watch
16 December 06:00
Virgin Entertainment Investments Holdings, an investment company jointly owned by Richard Branson, Cougar Investments and Plough Investments, announced it has entered into a hedging transaction…
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14 December 06:00
In this era of conservative consumer spending and increased competition, advertising has become a hot topic in the business and legal communities, playing out of late in the Canadian court system. Imagine, after all, a world in which products were marketed as …
Precedent Watch
07 December 14:24
EBay has put its former chief executive, Meg Whitman, on the witness stand on Monday to make the case that Craigslist unfairly denied the Internet giant a seat on its board...
Reuters News
25 November 14:00
Telegent Systems Inc, a semiconductor company based in California, disclosed to the SEC its $250 million initial public offering with the SEC…
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25 November 08:00
Fabrinet, an optical communications company based in Thailand, announced the filing of $150 million initial public offering with the SEC. Law firms for the offering include…
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18 November 15:30
After years of reorganization, Archipelago Learning, an online education company, went public in an offering of common stock worth $75 million. In January 2007, Providence Equity Partners…
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17 November 12:00
After months of speculation and preparation, Time Warner’s Board of Directors finally approved the spin-off AOL Holdings on November 16, 2009…
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13 November 12:00
TerreStar 1.4 Holdings LLC, a Delaware limited liability company, parent company TerreStar Corporation, a Delaware corporation, and One Dot Four Corp, an affiliate of…
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06 November 15:30
Qiao Xing Universal Telephone, an emerging Chinese resources company incorporated under the laws of the British Virgin Islands, filed an...
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27 October 09:00
Technology mega-merger documents of great interest have been filed in connection with the $6.4 billion acquisition by Xerox Corp of Affiliated Computer Services Inc. This...
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08 September 20:23
Hong Kong-based private equity firm First Eastern Investment Group will take a stake in All Nippon Airways' planned low cost carrier (LCC), the Nikkei business daily said on Thursday...
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08 September 20:12
Brazilian firm Potassio do Brasil says it has discovered more than 1 billion tonnes of potash in the Amazon region that could meet a quarter of the agricultural giant's needs per year, a top company executive said on Wednesday...
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08 September 05:00
The Dodd-Frank Wall Street Reform and Consumer Protection Act gives the Securities and Exchange Commission many complex and time-sensitive responsibilities but...
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07 September 21:14
Foster's Group Ltd, Australia's largest brewer, said it rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and would continue with the split of its beer and wine businesses...
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07 September 17:35
Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril"...
Reuters News
07 September 15:05
China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp, the world's largest fertilizer supplier...
Reuters News
07 September 14:13
U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately SEC Chairman Mary Schapiro said...
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07 September 03:11
The Office of Fair Trade will investigate the aggregates industry to assess whether the tax payer is getting a fair deal from suppliers of sand, gravel and broken rocks to road and house builders...
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07 September 02:00
Matching rights are coloring bidding wars and instigating courtroom fights. For proof, look no further than the recent flurry of bids from Dell and Hewlett-Packard and...
Precedent Watch
06 September 20:35
British Airways would be interested in discussing a merger with Qantas Airways, if Australia's top airline was a willing party, BA Chief Executive Willie Walsh said in a newspaper interview...
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06 September 19:43
New Zealand's biggest airport, Auckland International Airport Ltd., will meet with Australian bond and equity investors to update them on the firm's annual results, it said...
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06 September 14:30
Algeria's government unveiled a series of measures which appear to confirm the energy exporter's shift towards greater economic nationalism...
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06 September 11:06
The U.S. Food and Drug Administration has warned beverage makers Dr Pepper Snapple Group Inc and Unilever for making improper statements regarding green tea on product labels and web sites...
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06 September 04:04
Indian billionaire Mukesh Ambani's Reliance Industries, which has struck three shale gas joint ventures with U.S. firms this year, may make a full buyout next as the cash-rich firm builds the...
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06 September 00:15
Corporate governance practices in China have caused brows to furrow among China-based businesses, with companies from China National Offshore Oil to China Mobile and…
Precedent Watch
05 September 21:46
China plans to relax rules to allow smaller fund houses to launch overseas investment products, the Securities Times reported on Monday, citing an unnamed source...
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05 September 20:45
China will allow insurers to broaden investment channels into private equity and real estate, a move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector...
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05 September 17:31
Santander could hire up to 6,000 new staff over the next year or two as part its expansion in Britain, the Financial Times said...
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05 September 00:05
The U.S. is even more of a global capital market than many realize. Not only do foreign companies list on U.S. exchanges but scratch beneath the surface and even ostensibly American companies may be...
Precedent Watch
05 September 00:05
Beverages are being mixed throughout Asia with the recent pickup in beverage M&A in the Asia Pacific region. Most recently, Japan’s Kirin Holdings Company announced that it had acquired liquor company…
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03 September 06:06
A new conundrum faces financial markets -- why, if the global economy is heading back into trouble, are companies on an M&A binge and big investors snapping up so much corporate debt...
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03 September 04:23
Canada's Goldcorp Inc agreed to buy gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp...
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03 September 02:00
While clawbacks are a top focus for U.S. regulators, Canadian players are taking a decidedly mixed approach...
Precedent Watch
03 September 02:00
Dodd-Frank's near disdain for credit ratings agencies has created new confusion, this time around in the money market...
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02 September 22:00
Australian iron ore miner Fortescue Metals and its CEO have been sued by the company's third-largest shareholder to stop it from raising funds, citing a breach of a 2006 funding deal...
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02 September 18:44
Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile offer...
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02 September 12:55
U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second...
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02 September 11:05
Financial advisers to states, cities, school districts and other issuers in the U.S. municipal bond market must register with the Securities and Exchange Commission...
Reuters News
02 September 10:15
A shareholder of Cogent Inc has sued the company's board, saying it agreed to sell the maker of identification systems too cheaply to U.S. manufacturer 3M Co...
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02 September 10:13
Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to be bought by investment firm 3G Capital for $24 per share, or about $3.26 billion...
Reuters News
02 September 04:03
Indian energy major Reliance Industries, controlled by billionaire Mukesh Ambani, has bought an additional 0.68 percent in EIH Ltd, raising its holding to 14.8 percent in the hotel chain...
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02 September 02:30
Dodd-Frank is yanking trust preferred securities out of Tier 1 capital, and some banks are feeling more pain than others. Those that have relied on the magical elixir of TruPS range from…
Precedent Watch
02 September 01:30
Land use rights have been on the tip of tongues in China lately as business owners take care to avoid ending up like BYD. The Buffet-backed auto maker is currently under investigation…
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02 September 01:00
The shaky global economy has elevated dividend-paying stocks from dowdy has-beens to stalwart soldiers. Yet the legal issues associated with dividends can prove a tangled web…
Precedent Watch
01 September 22:29
China's Sinochem has hired HSBC bank to advise it on its options regarding Potash Corp, the target of a $38.6 billion hostile bid from BHP Billiton...
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01 September 21:07
Brazil's government will charge state oil company Petrobras $8.51 per barrel for crude reserves to be used in a $43 billion oil-for-shares swap, a price seen as high that could limit interest in...
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01 September 17:39
Australian energy firm Santos Ltd plans to raise as much as A$2 billion ($1.8 billion) in a rights issue to fund its Curtis Island liquefied natural gas project, The Australian newspaper said...
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01 September 05:30
China's Brightoil is wrestling with top players BP and Shell for leadership of the world's largest fuel oil market, in a tough trading climate that makes it difficult for any...
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31 August 21:28
August's unseasonable burst of dealmaking -- the busiest in over a decade -- could herald a wider rebound in M&A for the remainder of the year as low interest rates, record cash piles and...
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31 August 21:12
China Strategic Holdings Ltd said that it was disappointed by a decision by Taiwan regulators to block American International group Inc's (AIG) planned $2.2 billion sale of Taiwan unit...
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31 August 17:00
In Anwar v. Fairfield Greenwich Limited, 1:09-cv-00118 (VM) (THK), Judge Victor Marrero of the Southern District of New York adopted a novel view of the effect of...
Precedent Watch - Guest Author
31 August 11:00
Proposed new U.S. regulations could cost mutual fund companies hundreds of millions of dollars in distribution fees they split with partners...
Reuters News
31 August 09:47
Shareholders in Tomkins approved a 2.9 billion pound ($4.5 billion) takeover by a Canadian consortium, marking an end to public life for one of Britain's biggest industrial groups...
Reuters News
31 August 08:39
Diversified U.S. manufacturer 3M Co said it would pay $230 million in cash to buy Israel's Attenti Holdings SA, which makes technology used to remotely monitor criminals and elder care patients...
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30 August 20:27
Brazil's richest man, Eike Batista, said he plans to create a high technology company and an automobile company within a year...
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30 August 18:05
President Barack Obama broadened U.S. financial sanctions on North Korea, freezing the U.S. assets of eight North Korean companies or agencies and four individual citizens...
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30 August 11:39
Three numbers should suffice to give Chinese economic policymakers a sleepless night: 65.4 million, $28.7 billion and $2.45 trillion...
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30 August 10:56
India's top listed conglomerate, Reliance Industries, pushed ahead with its strategy to diversify into new businesses by acquiring a 14.1 percent stake in hotel chain EIH Ltd for $217.5 million...
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30 August 10:23
Diversified U.S. manufacturer 3M Co said it agreed to buy Cogent Inc for more than $900 million, paying a nearly 18 percent premium for the biometric identification systems company...
Reuters News
30 August 04:15
Flush with petrodollars, Libya has been buying stakes in Italian companies and has disclosed other potential investments in energy and infrastructure companies...
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30 August 01:00
The China Banking Regulatory Commission’s stern words to banks recently, intended to crack down on off-balance sheet loans, may be falling on half open ears. While the CBRC is empowered to…
Precedent Watch
29 August 21:49
France's Sanofi-Aventis publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks...
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29 August 20:30
Chinese retailer GOME Electrical Appliances Holding Ltd said it had received a letter from a firm owned by its jailed founder and biggest shareholder...
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29 August 01:30
Fund firm Castlestone Management plans to launch a portfolio investing in emerging markets from the Philippines to Iran, hoping they will show the same rapid growth seen in China and India in...
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27 August 09:10
Prices of safe-haven U.S. Treasuries fell after data showed economic growth wasn't as weak as feared in the second quarter, leading to a bout of profit-taking in the...
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27 August 08:59
Danish jewellery maker Pandora's owners are preparing an initial public offering of stock and are likely to unveil their flotation plans within weeks, investment banking sources close to the matter said...
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27 August 07:35
After last year's flurry of stock offerings made Hong Kong the world's top spot for IPOs, the city is bracing for another surge, with companies targeting up to a combined $6 billion in...
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27 August 02:00
It seems another regulatory hiccup has burst from the pages of the Dodd-Frank Act. This time the snafu involves the mining sector, a place where accidents can lead to disaster…
Precedent Watch
27 August 00:30
Going-private might seem like a life of luxury for a company, allowing it to leave behind worries surrounding public share prices or reporting requirements. But getting there can be a hair-raising legal journey…
Precedent Watch
26 August 13:35
Warren Buffett's Berkshire Hathaway Inc said it will propose buying the 19.9 percent it does not already own of Wesco Financial Corp, a company run by Berkshire Vice Chairman Charlie Munger...
Reuters News
26 August 07:11
The Federal Reserve has begun taking the first steps to crack down on debit-card transaction fees, with the battle between merchants and banks moving from the legislative to the regulatory arena...
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26 August 05:30
The economic crisis in the Baltic states, which suffered the European Union's worst recessions last year, has begun to ease and the region's growth prospects are...
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26 August 03:08
Japan's Asahi Breweries Ltd said it will buy closely-held Australian fruit juice maker P&N Beverages for A$364 million ($322 million) to help fuel its overseas expansion...
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26 August 02:30
Leveraged buyouts may be back, but not without a push from some unusual deal terms and structures…
Precedent Watch
26 August 02:00
While it still beats coach, more corporate CEOs are being required to pay for their personal use of corporate jets...
More Precedent
26 August 01:00
Though Canadian companies are no stranger to the world of alternative dispute resolution, and arbitration in particular, views continue to vary as to…
Precedent Watch
25 August 13:30
Shareholders won more power on Wednesday to shake up corporate boards in the United States after the financial crisis exposed weaknesses in how companies were managed...
Reuters News
25 August 08:30
A big high-frequency trading firm faces possible civil charges by regulators after its computer ran amok and sparked a frenzied $1 surge in oil prices in February...
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25 August 08:30
Royal Dutch Shell Plc and Brazilian sugar and ethanol giant Cosan signed a binding agreement to create a global ethanol business, looking to benefit from growing demand for biofuels...
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25 August 02:00
American International Group Inc is expected to decide by early next week whether to enter formal negotiations with strategic investors for its Asian life insurance business, AIA...
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25 August 01:40
A global authority may be set up to oversee Islamic finance sharia advisers, a religious scholar said, amid calls to address the fragmented regulation which threatens to slow the industry's growth...
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25 August 01:20
Shareholders may soon get more power to shake up corporate boardrooms in the U.S. after the financial crisis exposed glaring weaknesses in how companies were managed...
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25 August 01:00
In a sea of outbound investment activity among Chinese companies, the business goals and IPO of one company in particular is turning heads. Lizhan Environmental Corporation is preparing to…
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25 August 00:15
Specialty chemicals giant LyondellBasell Industries NV will end its operations in Iran to avoid penalties the U.S. could soon impose on companies for violating trade sanctions...
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24 August 20:26
Japan's Ministry of Finance may consider unilateral yen-selling market intervention if speculators drive up the currency, the Nikkei newspaper reported, after failed attempts to verbally curb sharp yen gains...
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24 August 19:00
Brazil is seeking to boost its production of biodiesel and create jobs in the countryside by encouraging biofuels companies to buy raw materials from small farmers...
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24 August 16:23
Financial markets are knocking down a wall of debt maturity that has endangered the U.S. economic recovery and threatened to push more companies into bankruptcy...
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24 August 09:10
EU regulators cleared U.S. insurer MetLife Inc to acquire American Life Insurance Co and Delaware American Life Insurance Co, a $15.5 billion deal that will...
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24 August 07:19
The European chemicals sector is set for more consolidation as plain Jane chemicals giants eye recession-proof beauty additives for a makeover, following the example of BASF's recent buy of Cognis...
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24 August 06:00
The Dodd-Frank Act will require investment advisers to adhere to new standards, including eligibility for investing in certain products...
Precedent Watch
24 August 00:30
For some public companies, the looming specter of Iranian sanctions policy lends an understandable nervousness to otherwise routine filings...
Precedent Watch
23 August 10:30
PrivateRaise, a service of DealFlow Media, Inc., today announced the launch of its new PIPE Portfolio Manager solution. Available exclusively within the PrivateRaise suite of products...
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23 August 10:19
U.S. stocks rebounded from a two-week string of losses in the Dow and S&P as a bidding war involving HP and Dell, along with other acquisition deals...
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23 August 03:00
It’s considered crass to leave price tags on items, yet some deals are hanging price tags right on their collars. Deals may be picking up again but...
Precedent Watch
23 August 01:30
With Canadian securities regulators seemingly sitting on opposite sides of the fence regarding the use of shareholder rights plans, new pills have been introduced by several high-profile Canadian public issuers…
Precedent Watch
23 August 01:00
Tiny Mauritius has proudly entered the big time with its first ever listing on a major New York exchange. MakeMyTrip, Ltd., an India-based internet travel agency has splashed onto the NASDAQ Global Markets Exchange…
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20 August 07:30
China's securities regulator took fresh steps to improve the pricing mechanism of initial public offerings, allowing more institutions to participate in bookbuilding and...
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20 August 01:00
Money flowing out of China in the form of outbound investment has been popping up in record amounts in the form of international listings, overseas acquisitions and…
Precedent Watch
19 August 20:41
State-run Korea National Oil Corp plans to go to shareholders of UK oil explorer Dana Petroleum with a 1,800 pence per share offer worth $2.6 billion, after Dana's management rejected its bid proposal...
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19 August 18:20
Tyco International Ltd is returning to the Standard & Poor's 500. SPX after the overseers of that index reconsidered their policy on removing companies that incorporate outside the United States...
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19 August 18:00
The Hong Kong Government has recently released the conclusions to its public consultations on a corporate rescue scheme. A statutory regime to facilitate corporate restructurings for...
Precedent Watch - Guest Author
19 August 09:30
First Niagara Financial Group Inc said it will buy NewAlliance Bancshares Inc for $1.5 billion in cash and stock to boost its presence in the New England region...
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19 August 04:19
Thai Airways International Plc said it was reviewing plans for a budget airline alliance with Singapore's Tiger Airways after two big Tiger shareholders and its chief executive sold discounted shares in...
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19 August 01:30
In boomtown Macau, Melco Crown Entertainment has been busy tending to securities housekeeping. The casino operator, which has also branched into…
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19 August 01:00
Coal, the ugly duckling of energy, is maintaining its appeal in India despite a growing movement in the alternative energy sector in other countries…
Precedent Watch
19 August 00:30
While Canada is a long, long way from matching the U.S. when it comes to securities class action claims, 2010 is proving to be a pivotal year in the development of such litigation...
Precedent Watch
18 August 23:30
A federal judge refused to dismiss an investor lawsuit against Fairfield Greenwich Group, a hedge fund firm accused of funneling money to the now-imprisoned Bernard Madoff for his...
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18 August 18:00
Securities regulators will meet on August 25 to consider giving shareholders more power to nominate company directors...
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18 August 12:45
SEC said it charged State of New Jersey for fraudulent municipal bond offerings and that New Jersey has agreed to settle the case without admitting or denying the SEC's findings...
Reuters News
18 August 03:30
The corporate veil is proving to be thin armor, as the SEC and shareholders are taking corporate transgressions quite personally. Both groups are fighting back via…
Precedent Watch
18 August 02:30
Despite stock market volatility, equity markets are opening up for IPOs, and companies from GM to Hulu and Kinder Morgan to BankUnited are reportedly planning offerings...
Precedent Watch
18 August 02:00
The SEC is continuing its regulatory makeover of the municipal bond or “muni” market. The Commission has approved...
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18 August 00:05
State banking regulators are preparing to introduce new standards and propose changes to their laws and rules even before federal prudential regulators begin the...
Precedent Watch
17 August 15:45
The U.S. Securities and Exchange Commission is conducting a formal investigation into possible insider trading by certain past and current officers and...
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17 August 12:26
Germany's BASF will build a new dispersions plant in Huizhou in China's Guangdong province to meet growing demand from southern China, the chemicals group said...
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17 August 11:00
The U.S. Commodity Futures Trading Commission said it has formally withdrawn its proposed rule on energy position limits as it prepares to issue broader curbs on...
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17 August 07:40
"Dark pools" and other alternative trading systems are not as big a threat to Asia's bourses as they are for their western counterparts, given regulators' reluctance to...
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17 August 04:24
China drew 29 percent more foreign direct investment (FDI) in July than a year earlier, with global firms still flocking to the country to build factories and set up research centres despite a bout of labour unrest....
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17 August 02:44
The rising yen is helping reignite a push by Japanese companies to snap up overseas assets and secure growth outside their sluggish home market, after the financial crisis quieted their dealmaking last year...
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17 August 01:00
Forget about politics, the biggest divide in the U.S. is between stock and bond investors, who aren't so much arguing as speaking entirely different languages...
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16 August 21:40
Aon Corp said it entered into credit agreements for up to $2.5 billion to fund its recent acquisition of Hewitt Associates Inc...
Reuters News
16 August 21:19
South Korean earphone and headset maker Cresyn said on Tuesday it had not given any improper commissions to an Apple global supply manager charged with accepting kickbacks from Asian companies...
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16 August 20:58
Trading in shares of Denway Motors Ltd was suspended, the Hong Kong exchange said....
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16 August 09:30
Veeco Instruments Inc agreed to sell its metrology business to scientific instrument maker Bruker Corp for $229 million in cash, to focus on process equipment for the LED...
Reuters News
16 August 08:20
Vedanta Resources plans to spend up to $9.6 billion clinching control of Cairn India, giving billionaire mining magnate Anil Agarwal a slice of India's oil reserves and...
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16 August 01:00
Despite the PRC State Council’s reaffirmation of its continued support for foreign direct investment, the terms of a recent FCPA settlement between the SEC and General Electric has some U.S. investors pausing to cross their legal Ts and dot their due diligence Is…
Precedent Watch
16 August 00:30
Mini tenders are the black sheep in the world of M&A, and perhaps deservedly so. After all, the CSA has…
Precedent Watch
13 August 18:30
Six U.S. Democratic Senators have asked the head of the U.S. Securities and Exchange Commission to require more disclosure about the trillions of dollars worth of...
Reuters News
13 August 17:45
Harvard, the richest university in the world, raised its exposure to emerging markets and increased its bet on China during the second quarter, a regulatory filing released on...
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13 August 15:30
Alabama is suing BP Plc, Transocean and Halliburton for "catastrophic harm" caused by the Gulf of Mexico oil spill, the state's attorney general said...
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12 August 20:41
China Life and two other Chinese companies may not proceed with bids for stakes in American International Group's Asian unit AIA ahead of the unit's planned IPO...
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12 August 18:00
On March 1, 2010, after many months of work, ISDA and IIFM jointly issued the first Shari'ah-compliant master agreement for OTC derivatives...
Precedent Watch - Guest Author
12 August 16:30
Bank regulators pledged an "open door" policy for carrying out financial reform, also saying they will inform the public of meetings between senior officials and private sector individuals...
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12 August 01:00
Pity the Special Committee – they’re called into being amidst high pressure transactions, like the restructurings of Magna or Canwest, yet are given precious little direction…
Precedent Watch
12 August 01:00
Public to private takeovers have burst back into life in the UK, and with a Canadian-driven deal no less. Pinafore Acquisitions Limited, a company formed at the direction of…
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11 August 22:39
MakeMyTrip Ltd, an India-based online travel company, conducted a $70 million initial public offering, selling shares at the high end of the the expected range, an underwriter said...
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11 August 21:17
Australian airport operator MAp Airports said it expects to sell its 16 percent stake in Mexican airport operator Grupo Aeroportuario del Sureste de Mexico or Asur for $207 million...
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11 August 21:00
Luigi Lavazza S.p.A has agreed to invest $250 million in Green Mountain Coffee Roasters Inc under a common stock repurchase agreement...
Reuters News
11 August 14:45
American International Group Inc is selling most of its consumer finance unit to hedge fund and private equity firm Fortress Investment Group at a deep discount and...
Reuters News
11 August 12:00
PetroAlgae Inc filed with U.S. securities regulators to raise up to $200 million in an initial public offering of common stock...
Reuters News
11 August 07:45
China has been buying record amounts of Japanese government debt because it is less risky than U.S. debt, at least in the short term, a Chinese government economist said...
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11 August 02:30
Solvency opinions are on the tip of many a tongue, thanks to the Tribune Co. and its just released bankruptcy examiner’s report. With leveraged transactions beginning to revive…
Precedent Watch
10 August 18:25
A top Democratic lawmaker proposed to take back disclosure exemptions granted to U.S. securities regulators in new financial reform legislation...
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10 August 18:02
The U.S. Commerce Department is analyzing a court ruling that strikes at its ability to simultaneously apply two sets of import duties on goods from China, a department official said...
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10 August 13:37
Surging Chinese investment in Brazil is reshaping ties between the countries as companies seek to secure resources and tap the rising consumer class in Latin America's largest economy...
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10 August 13:00
Florida Attorney General Bill McCollum said he is suing the world's biggest makers of liquid crystal display screens for engaging in a "conspiracy at the highest level" to fix prices...
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10 August 09:00
Investment in venture capital jumped 57 percent in Canada in the second quarter, the first substantial increase in funds allocated to the struggling sector in over two years...
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10 August 05:45
U.S. hedge fund Harris Associates has upped its stake in JJB Sports to 17.9 percent, making it the largest shareholder in the struggling British sportswear retailer...
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09 August 19:26
Private equity firm Kohlberg Kravis Roberts & Co said it has canceled plans to sell $500 million of new common units, less than one month after it listed on the New York Stock Exchange...
Reuters News
09 August 19:25
Chinese carmaker Jianghuai Automobile Co said it plans to invest about 30 billion yuan ($4.4 billion) on production of new-energy cars through a partnership with a private equity firm...
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09 August 18:30
The hotel investment company said it plans to use net proceeds from the offering to repay existing debt, fund capital improvements at its hotels and for...
Reuters News
09 August 09:30
Propane distributor Inergy LP agreed to buy its holding partner Inergy Holding LP in an all-stock deal worth about $2.07 billion...
Reuters News
09 August 08:43
U.S. and British regulators are investigating the timing of Goldman Sachs Group Inc's disclosure to them that the bank was the subject of a federal civil fraud probe...
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09 August 06:00
CVC Capital Partners is buying a majority stake in food and drink vending machine operator Autobar from its rival Charterhouse...
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09 August 02:00
Two foreign subsidiaries of Alliance One International Inc, a global tobacco leaf merchant based in North Carolina, have pleaded guilty today to transgressing the Foreign Corrupt Practices Act by...
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09 August 02:00
Hedge fund investor William Ackman has bought a slice of debt on Stuyvesant Town/Peter Cooper Village and could become the next owner of the...
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06 August 12:38
New York Attorney General Andrew Cuomo filed an antitrust case against Hitachi, Toshiba and other makers of LCD screens, claiming that they conspired to fix prices for a decade...
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06 August 08:49
A European Union financial stability fund with the potential to raise up to 440 billion euros ($580 billion) to help EU countries weather debt problems is now fully operational...
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06 August 08:00
Threadneedle's UK smaller companies fund expects such firms to continue their outperformance over bigger rivals, driven in part by a rising tide of...
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06 August 05:15
The move suggested that AIG will soon learn the fate of the Nan Shan sale, after the U.S. firm and the group made concessions several times in their push to break a deadlock that has stalled it for nearly 10 months…
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06 August 04:32
Apple Inc is in takeover talks with Chinese software maker Handseeing, an executive of the Chinese company said...
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06 August 02:30
Tender offers can lead to firm terms on private equity deals, and have become an increasingly common deal structure...
Precedent Watch
06 August 01:00
Despite all the fuss over Dodd-Frank, U.S. regulators are not the only ones cracking down on the financial services industry. In Canada, the credit rating business is now in the direct line of sight of regulators...
Precedent Watch
06 August 00:30
The Supreme Court’s ruling in Morrison v. National Australia Bank recently rendered an entire category of securities class actions, those known as “F-cubed”, extinct...
Precedent Watch
05 August 17:45
President Barack Obama's nomination of Elena Kagan to the Supreme Court won Senate approval, his second appointment to the court that decides abortion...
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05 August 11:00
Engineering and design firm Aecom Technology Corp said it will buy construction consultancy Davis Langdon -- the latest in its acquisition spree that has...
Reuters News
05 August 09:00
A number of private equity firms are interested in taking a look at Barnes & Noble, with names including Bain Capital, Apollo, TPG Capital and others...
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05 August 05:02
Singapore sovereign wealth fund GIC has added three banks as joint bookrunners for the upcoming IPO of its logistics unit that could raise as much as $3 billion, two sources familiar with the deal said...
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05 August 02:00
In a double dose of private equity, both Citadel and Cerberus play roles in the "going private transaction" centered on construction material player, Bluelinx Holdings Inc...
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05 August 01:50
Wendy's, one of the world's largest fast food operators based in the United States, is planning to enter the Russian market in early 2011, the business daily Vedomosti reported...
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05 August 00:30
Public companies, whether acting as landlords or tenants, are dreading a rule-driven earthquake, rumbling amidst the property beneath their very feet...
Precedent Watch
04 August 12:32
FGIC Corp filed for bankruptcy protection, saying it was not paid dividends by its troubled bond insurance unit Financial Guaranty Insurance Company since the onset of the...
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04 August 12:30
U.S. securities regulators charged a former business director and third-party agent for Innospec Inc with bribing Iraqi officials in the United Nations' Oil for Food program...
Reuters News
04 August 12:05
The Central Bank of Bahrain has issued a second consultation paper proposing extensive changes to its liquidity risk management regulations for conventional banks...
Precedent Watch
04 August 12:00
The Hong Kong Securities and Futures Commission's recent update on the deterioration of standards in listing applications has led some in the industry to call for...
Precedent Watch
04 August 11:00
European Union antitrust regulators approved U.S. manufacturer Honeywell International Inc to buy French firm Sperian, saying the acquisition would not harm competition...
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04 August 09:45
A group led by Hall of Fame pitcher Nolan Ryan and Pittsburgh attorney Chuck Greenberg won a bankruptcy court auction for the Texas Rangers baseball team...
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04 August 07:30
Dubai International Capital the private equity arm of the Gulf Arab emirate, said it will focus on bringing German aluminium maker Almatis out of bankruptcy after...
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04 August 04:29
Several coal and mining projects in Indonesia with a combined value of $14 billion may face delays as a forest moratorium could make it harder for them to obtain forestry land-use permits...
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04 August 03:32
Cash-rich Asian businesses are expected to make more cross-border acquisitions in the next 18 months as they aim to expand in high-growth economies abroad, a survey released...
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04 August 03:00
Recent litigation swirling around IP ownership and employment agreements is putting the “con” in contract. From the Facebook ownership dispute to MGA and Mattel’s Bratz litigation, high stakes litigation battles are unfolding…
Precedent Watch
04 August 01:00
WS Atkins, the UK construction and engineering group, has reinforced its plans of expanding into the U.S. with a cash acquisition of…
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04 August 01:00
The EU’s sweeping sanctions against Iran have left some western companies in the lurch, but business with Iran still appears to be largely unchanged throughout the Asia Pacific region…
Precedent Watch
03 August 21:32
State-controlled Thai Airways International Pcl has proposed a 20 billion baht ($620 million) rights offering to pay off debt, but the Finance Ministry will decide the final amount...
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03 August 20:13
Barnes & Noble, the number one U.S. book store chain, is putting itself up for sale as business suffers in the high-stakes battle for a leading role in the digital books market...
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03 August 18:00
A 1,000-page examiner report into the bankruptcy of Tribune Co was unsealed on Tuesday, likely bolstering the legal case of junior creditors who are...
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03 August 11:10
Gildan Activewear said it had settled a securities class action lawsuit filed in 2008 relating to the clothing maker's earnings guidance in April that year...
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03 August 10:54
Troubled Mexicana de Aviacion has filed for creditor protection in Mexico and the United States after management and employees failed to agree on wage and staff cuts to keep the debt-ridden airline flying...
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03 August 08:54
BP said it had agreed to sell its Colombian oil unit to a consortium of Canada's Talisman Energy and Ecopetrol, Colombia's national oil company, for $1.9 billion...
Reuters News
03 August 07:26
The head of Japan's Asahi Breweries said he expects to have $9.2 billion on tap for acquisitions over the next five years as it looks for new growth drivers outside the shrinking domestic beer market...
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03 August 07:15
Federal Reserve officials will consider a modest but symbolically important change in the management of its massive securities portfolio when they meet next week...
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03 August 07:15
South Korea's Hanwha Chemical will acquire a 49.99 percent stake in Chinese photovoltaic cell maker Solarfun Power Holdings Co for 434 billion won...
Reuters News
03 August 05:00
The Washington Post Co will sell Newsweek to 91-year-old audio equipment magnate Sidney Harman, who promised to retain most of the U.S. weekly's 350 employees and give it a couple of years to reverse losses...
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03 August 02:03
Proceeds from initial public offerings in July soared on a global basis, hitting their highest level since before the 2008 financial meltdown, according to Thomson Reuters data...
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02 August 18:14
What does it take to make it as a technology entrepreneur...
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02 August 08:35
MetLife Inc lowered its estimate of how much of a boost it will get from acquiring Alico, the foreign life insurance business of AIG, and announced fund-raising plans to help pay for the deal...
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02 August 05:30
A U.S. arms control official urged China, which has always promoted dialogue with Iran over its nuclear program, to observe sanctions against Tehran aimed at forcing it to...
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02 August 02:30
Avenue New Jersey Entertainment, an affiliate of hedge fund Avenue Capital, was recently dealt 21 in the reorganization plan of busted gaming company Trump Entertainment Resorts...
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02 August 02:00
IP dramas worthy of Hollywood show U.S. courts to have assumed a central role on China's integration into world markets and exchanges. While alleged IP infringement isn't news, handling them in the U.S. is, and is fraught with risk...
Precedent Watch
02 August 02:00
China Ceramics, a producer of building tiles, is taking steps to protect itself against unannounced takeovers through a three-step buyback of some of its shares issued …
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02 August 01:00
The tangled tentacles of securitizations-past continue to expose municipal finances to increased risk – as if they didn’t have enough to worry about. States have become oddly dependent on…
Precedent Watch
02 August 00:15
The federal government has laid down its cards in the battle for supremacy over Canadian securities legislation. With the release of a proposed transition plan earlier…
Precedent Watch
01 August 19:55
Flag carrier Thai Airways International Pcl and Singapore's Tiger Airways Holdings Ltd confirmed they planned to form a new low-fare airline...
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01 August 12:12
Sri Lanka said it would invite outside investors into its $1.5 billion Hambantota port project, the keystone of a $6 billion post-war infrastructure revitalisation drive...
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30 July 15:00
A backlog of Canadian companies are eager to go public, but as the downsizing of MEG Energy's IPO this week suggests, demand remains fragile as the market struggles to...
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30 July 02:30
Corporate bond offerings are hot these days, despite Dodd-Frank’s confusing impact on bond activity. Issuers from Agilent to Target, lured by low long term rates, have recently...
Precedent Watch
30 July 02:00
In a too-good-not-to-be-true story, Lisboa Leisure, Inc. will conduct an initial public offering in hopes of realizing $32,000 in proceeds…
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29 July 23:58
A patchy recovery in the United States is a big industry concern, in particular for Japanese carmakers, which rely heavily on that market for profits…
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29 July 17:00
Bank regulators have issued a final rule that would require mortgage loan originators to register with a national registry of mortgage loan originators as part of...
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29 July 15:26
Citigroup Inc will pay $75 million to settle charges that it failed to disclose to investors $40 billion in subprime exposure in 2007, the Securities and Exchange Commission said...
Reuters News
29 July 12:26
Volkswagen will keep adding to its more than $20 billion cash pile as it girds for an acquisition spree that could help it overtake Toyota as the world's number one carmaker before the decade is out...
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29 July 11:03
China's Ministry of Commerce has approved a plan by the parent of Geely Automobile to acquire Ford's Volvo unit, the official Xinhua news agency said...
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29 July 08:08
Britain's PartyGaming and Austria's bwin unveiled a deal to create a $3.3-billion online gaming business, positioning them to profit from any deregulation of a lucrative U.S. market...
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29 July 07:45
Russia will open its most ambitious privatization programme since the 1990s to foreign investors, its economy minister said, while the government gave its initial approval to the...
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29 July 01:32
Indonesia expects foreign direct investment to rise more than expected this year, as new and existing investors are drawn by strong consumer demand and increased stability in Southeast Asia's biggest economy...
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28 July 21:20
British media buying group Aegis is in late stage talks to buy Mitchell Communication Group, its Australian rival, for 200 million pounds ($312.4 million), the Daily Telegraph said...
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28 July 18:45
Alex Rodriguez, the New York Yankees third baseman, has objected to the Texas Rangers' proposed bankruptcy plan on concern he may not be paid the $24.9 million of...
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28 July 17:06
The IMF has softened its criticism of China's currency regime in recognition of Beijing's efforts to free up its exchange rate but the move showed a split among the Fund's member countries...
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28 July 10:59
A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain of claims for damages...
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28 July 10:56
After years of seeking a cost-cutting merger in stainless steel, ArcelorMittal is giving up the fight and says it wants to spin off its activities instead...
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28 July 10:30
Casey's General Stores said it would buy back $500 million worth of common stock as part of a recapitalization plan that could derail Canada's Alimentation Couche-Tard Inc's...
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28 July 09:17
It's a case that has left Warren Buffett's Dairy Queen business cold...
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28 July 07:35
Several U.S. government agencies are preparing a criminal probe of at least three companies involved in the massive oil spill in the Gulf of Mexico, though it could take more than a...
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28 July 06:30
BAE Systems and Rolls-Royce will supply India with 57 Hawk military training jets in a deal worth around 700 million sterling ($1.09 billion)...
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28 July 01:00
Hess Corp said it will acquire American Oil & Gas Inc in a stock deal worth about $445 million and boost its acreage in the North Dakota Bakken shale oil play...
Reuters News
28 July 00:31
Dubai's pledge to cover gaps in Dubai World's debt repayment plan has become a sticking point for lenders, some of whom want state guarantees to fall under British -- not local -- law...
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28 July 00:15
Canadian issuers, including MDS, Genworth MI and ACE Canadian Holdings, are together spending billions buying back their own shares, a sign some view as evidence that…
Precedent Watch
27 July 19:00
Walt Disney Co will acquire start-up Playdom Inc for $563.2 million, as the media giant aims to take a leading role in the fast-growing market for games played on...
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27 July 19:00
Casino operator MGM Resorts International plans to sell the land under its joint-venture Borgata resort in Atlantic City, New Jersey, for about $73 million...
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27 July 18:30
Brasoil Exploration, which is exploring for oil and gas resources in Brazil, aims to raise about C$150 million ($144 million) in an initial public offering to...
Reuters News
27 July 18:00
In an effort to continue to guide the nascent Islamic Finance industry, the Accounting and Auditing Organization for Islamic Financial Institutions recently promulgated 11 new standards…
Precedent Watch - Guest Author
27 July 17:10
The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States...
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27 July 17:00
Car rental company Avis Budget Group Inc said it amended a credit facility to secure financing for a potential offer for smaller rival Dollar Thrifty Automotive Group Inc...
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27 July 11:45
Investors are alleging more losses than ever before when they sue companies for securities fraud, though the pace of such lawsuits seeking class-action lawsuits has...
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27 July 10:00
The billionaire Barclay brothers sold their 10.4 percent stake in InterContinental Hotel Group Plc for 335 million pounds ($520 million), sending shares in the...
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27 July 06:50
DP World, part of the Dubai World conglomerate at the centre of the emirate's debt troubles, said better-than-expected container volumes will help boost profits in...
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27 July 03:45
BP Plc named American Bob Dudley as its next CEO, saying Tony Hayward would stand down after his gaffe-prone handling of the worst oil spill in U.S. history that triggered a $17 billion...
Reuters News
27 July 02:00
In a strange wave of oil and smoke déjà vu to the Gulf of Mexico, China grapples with two man-made environmental disasters in less than two weeks: an oil spill in Dalian and a chemical leak near Zijinshan…
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26 July 14:00
A potential multibillion-dollar judgment against Vivendi SA for misleading shareholders hung in the balance as a Manhattan judge weighed whether a...
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26 July 12:39
DLF is buying out the stake held by Dubai World's property arm in an equal joint venture in India for about 2 billion rupees ($43 million)...
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26 July 12:33
Dubai World warned that lenders, aside from the government's own support fund, would face a "significantly" worse deal if its debt plan fails and it is forced to seek liquidation...
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26 July 10:30
Bankrupt Canadian newsprint producer AbitibiBowater Inc said it repaid $166 million of its debtor-in-possession loan following an improvement in market conditions and...
Reuters News
26 July 10:21
Malaysian state investor Khazanah trumped India's Fortis Healthcare in a takeover battle for Singapore's Parkway with an offer that values Asia's biggest listed hospital operator at $3.3 billion...
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26 July 02:00
Britain's FTSE 100 .FTSE index is seen opening up 30-44 points, or as much as 0.8 percent higher on Monday, according to financial bookmakers, bouncing back after a...
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26 July 01:30
Much of the US$55 billion in outbound investment, invested in the first half of 2010 by Chinese entities, can be credited to agile corporate counsel. Navigating through the maze of China’s outbound investment laws, these lawyers…
Precedent Watch
25 July 18:00
The maturity of the Islamic finance industry will soon face another critical test, as defaults on $200 million sukuk don’t escape the notice of financial markets…
Precedent Watch
24 July 02:30
Indian Prime Minister Manmohan Singh reiterated his prediction headline inflation would ease to 6 percent by December, a forecast more optimistic than that...
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23 July 03:30
President Obama's sprint to sign the financial reform bill may be over, but the massive regulator marathon has only just begun. From the CFTC to the FSOC…
Precedent Watch
23 July 03:30
The Term Asset-Backed Securities Loan Facility (TALF) never approached the lofty $200 million in loans that the Federal Reserve envisioned and now it’s getting even smaller…
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23 July 01:45
Indian shares rose to their highest level in two-and-a-half years, bouyed by a rally in world equities and better-than-expected quarterly earnings by outsourcer Wipro...
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23 July 00:30
Over-leverage in LBOs is proving to be a real sticking point yet again, this time amidst exits from Chapter 11. As the three-way dance between Extended Stay, the U.S. trustee and creditors have found...
Precedent Watch
22 July 22:18
One of the toughest struggles in the negotiations was just how interwoven Volvo had become with the wider Ford Motor Group including safety and in-car-entertainment equipment...
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22 July 17:00
Efforts to enhance disclosure and governance have continued unabated in Malaysia as regulators aimed to promote transparency, quality and efficiency in the capital market...
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22 July 12:45
Some of the world's largest tobacco companies showed this week that even in a sluggish global economy they have the power to raise prices in most countries and beat earnings expectations...
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22 July 12:30
The U.S. Commodity Futures Trading Commission said it will provide more information on positions held by large traders in financial futures markets, part of its push to boost transparency...
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22 July 10:44
New York has filed two lawsuits over Bank of America Corp's takeover of Merrill Lynch & Co and Merrill's subprime mortgage exposure, believing it can recover more by suing on its own than...
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22 July 09:00
International Paper announced today that it reached agreement to sell 163,000 acres of properties located in the southeastern United States for...
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22 July 03:00
Syngenta, the world's biggest agrochemicals company, expects its net profit to be down this year as a late start to the farming season following a harsh winter and higher taxes weigh...
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22 July 02:18
Struggling state firm Dubai World is ready to use a special tribunal to force rebel lenders into line on plans to delay repayment of $14.4 billion in debts...
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22 July 02:00
After hearing about toxic assets on bank balance sheets for years, it is strangely refreshing to hear about insurance companies reshuffling their toxic liabilities…
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21 July 23:10
U.S. lawmakers called for tough new measures to punish China for its failure to stop widespread piracy and counterfeiting of U.S. goods ranging from music CDs to manufactured products…
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21 July 16:30
U.S. securities regulators said they will propose a cap on mutual fund marketing fees, a move that could reduce costs for investors and put a dent in brokerage and...
Reuters News
21 July 15:30
A curious trend is developing among powerful sovereign and state-backed investment funds: despite being super rich in mainly oil-generated wealth...
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21 July 14:28
British defense group BAE Systems is seeing unprecedented levels of interest from Middle East and Asian customers and is close to sealing a 500 million pound ($765.2 million) deal to sell Hawk jets to India...
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21 July 12:35
Algeria is considering tightening its rules on how the price is set when the state buys a foreign-owned firm, a step which could cost Egypt's Orascom Telecom billions of dollars...
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21 July 12:25
President Barack Obama signed into law the most comprehensive financial regulatory overhaul since the Great Depression and vowed there will be no more taxpayer-funded bailouts for Wall Street...
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21 July 09:00
Pivotal talks this week on restructuring the debts of Dubai World could be a trigger for investors to return to the Gulf region, under a cloud since the...
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21 July 09:00
Altria Group Inc, the largest U.S. tobacco company, raised its full-year profit forecast, saying its performance in the first half of 2010 had exceeded its own expectations...
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21 July 07:15
Consumer goods group Reckitt Benckiser agreed to buy Durex condoms and Scholl sandals maker SSL for 2.54 billion pounds ($3.8 billion) to increase its presence in health and personal care...
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21 July 02:15
The conditions look ripe -- debt markets are up, companies' valuations soft -- but foreign private equity firms eyeing deals in Australia may now have to put their plans on...
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21 July 00:30
Directors of public issuers are on the firing line. Investors and regulators are looking carefully into how directors are elected and whose interests they represent…
Precedent Watch
21 July 00:05
Hong Kong's Securities and Futures Commission has announced plans to regulate credit rating agencies based in the city, in an effort to keep up with...
Precedent Watch
20 July 18:00
The educational and career enhancement services provider said it hopes to sell 10.7 million American Depositary Shares for between $10 and $12 each...
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20 July 16:30
BP Plc said it had reached a deal to sell $7 billion in assets to Apache Corp as it tries to raise money to deal with the Gulf of Mexico oil spill...
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20 July 14:00
Extended Stay America Inc moved closer to emerging from bankruptcy as a judge confirmed the hotel chain's plan of reorganization in which an...
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20 July 13:45
The Securities and Exchange Commission is in the midst of more probes stemming from the financial crisis, its chairman said, a week after Goldman Sachs settled fraud charges for...
Reuters News
20 July 10:09
Diversified manufacturer Griffon Corp said it would buy lawn and garden tools maker Ames True Temper from private equity firm Castle Harlan for $542 million in cash...
Reuters News
20 July 08:30
Dubai aims to set up an alternative stock market for small-to-medium sized firms in a bid to create more exit options for the region's private equity sector...
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20 July 07:15
Private equity deals have spiked in recent months with a spate of assets changing hands as funds face pressure to spend capital raised in the boom and...
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20 July 01:00
The initial public offering of China-based Ambow Education Holdings spotlights a notable sector blooming in the PRC: the increasingly lucrative industry of privatized education…
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19 July 09:15
Home furnishings retailer Jennifer Convertibles Inc filed for bankruptcy protection under a pre-arranged deal that will convert debt owed to its supplier and...
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19 July 08:17
ATC Technology Corp, an engineering and logistics services provider, said it agreed to be acquired by privately held GENCO Distribution System Inc for about $512.6 million in cash...
Reuters News
19 July 08:15
Unilever has sold its slow growth Italian frozen foods unit Findus to Birds Eye Iglo for 805 million euros ($1.1 billion), reuniting it with the business it sold four years ago to private equity group Permira...
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19 July 03:15
China's overall insurance premiums in the first six months rose 33.6 percent from a year earlier to 799.9 billion yuan ($118 billion), the China Insurance Regulatory Commission...
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19 July 03:00
Emboldened by Dodd-Frank and its enhanced authority, the SEC is now considering tackling the proxy system. In its just announced concept release, the...
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19 July 03:00
Companies once crying poverty and filing for bankruptcy are quickly turning around and giving their stakeholders a payday, moving out of the poorhouse into the penthouse…
Precedent Watch
19 July 02:00
WPP Digital takes stake in digital advertising measurement firm in China...
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19 July 01:20
Bright Dairy, majority owned by Bright Food Group, will take a 51 percent stake in the milk processing arm of the privately-owned Synlait, which is a small player in the dairy export market dominated by giant co-operative Fonterra…
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19 July 01:00
The 2010 report card for Canadian public issuers is in, and while some have shown improvement, the class average is still pretty low...
Precedent Watch
19 July 00:30
Distressed investor Wilbur Ross continues to build up his banking assets, while keeping Bank Holding Company Act (BHCA) restrictions in mind, to boot…
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18 July 11:00
New York City Mayor Michael Bloomberg, one of the richest men in America, says his views are too polarizing for him to become president of the United States...
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16 July 17:45
The landmark financial reform legislation awaiting President Barack Obama's signature will take years to implement, with hundreds of new rules to be written and...
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16 July 16:00
Canada proposed new regulations for credit rating agencies to boost investor confidence and prevent conflicts of interest that critics say may have contributed to the global credit crisis...
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16 July 13:00
U.S. banks, which scrambled to raise billions of dollars in capital last year in the aftermath of the financial crisis, may not be done yet...
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16 July 09:50
Independent power producers Mirant Corp and RRI Energy have received a request from the U.S. Department of Justice (DOJ) for additional information regarding their proposed merger...
Reuters News
16 July 04:45
Britain's top companies are likely to use big name brands, patents and other exotic assets to help plug shortfalls in pension schemes and fund longer lifespans in the...
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16 July 03:00
M&A is back in the spotlight after a lackluster 2008 and early 2009. This year, deals such as Aon's $4.9 billion merger with Hewitt Associates and...
Precedent Watch
16 July 03:00
Turner Construction Company has scored a deal with Madison Square Garden, LP to manage the transformation of the Madison Square Garden Arena and the...
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16 July 01:30
The U.S. Senate approved legislation to overhaul the financial system and usher in new rules for Wall Street, sending it to President Barack Obama to sign into law...
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15 July 18:15
The owner of Penthouse magazine offered to buy rival Playboy Enterprises Inc for $210 million, making a bid that was 13 percent above the buyout proposal from...
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15 July 17:00
British Columbia launched North America's first government-run online casino on Thursday, aiming to take a cut of the big dollars its residents are already gambling over the web...
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15 July 15:40
The U.S. Congress approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law...
Reuters News
15 July 13:14
U.S. buyout firm TPG and the private equity arm of Goldman Sachs agreed to buy diaper-maker Ontex from rival Candover in the year's largest European buyout...
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15 July 12:03
Gold edged up after China's growth data for the second quarter was slightly weaker than expected, helping revive the precious metal's allure as a hedge at a time of economic uncertainty...
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15 July 10:01
Storied buyout firm Kohlberg Kravis Roberts & Co made its long-awaited debut on the New York Stock Exchange, and its shares moved slightly higher in the first few minutes of trading...
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15 July 08:30
As the oil from the BP Plc gusher laps onto U.S. Gulf Coast shores, it is also muddying the prospects of Southern bank mergers...
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15 July 06:20
Two health care takeovers in Australia were reaching a turning point on Thursday with chatter on financing clouding a $1.6 billion bid for Healthscope...
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15 July 02:20
British oil and gas company Fairfield Energy shelved plans for a $500 million stock market listing, the company said, citing hostile markets...
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15 July 02:00
A group of former Israeli Air Force fighter pilots has taken a dogfight to the boardroom as Israel’s Magal Security Systems braces for a potentially bruising proxy battle…
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15 July 02:00
Though investors and regulators may be calling for greater sunlight in order to “disinfect” potential trouble-spots, some public issuers remain leery that too much exposure will result in a sunburn...
Precedent Watch
15 July 01:30
REITs may reel from re-regulation of financial services, even while reform rings out across the land. Not all REITs are affected equally, however, exposing players like...
Precedent Watch
15 July 00:30
We refer to the Certificates constituted by a declaration of trust ("Declaration of Trust") dated 7 June 2007 between IIG Funding Limited...
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14 July 13:00
The U.S. futures regulator must look carefully at new "risk controls" to protect markets in an era when trades are done 150 times faster than the blink of an eye, the head of a new technology panel for...
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14 July 11:45
Smaller banks that got U.S. government bailout money are likely to run into trouble repaying it and may become vulnerable to takeovers as a result, a congressional watchdog agency...
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14 July 09:00
After three consecutive quarters of improvement, a new analysis from Hewitt Associates, a global human resources consulting and outsourcing company, found that...
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14 July 08:00
Venture capitalists in the United States widely expect their industry to contract while those in emerging markets, including China, India and Brazil, expect to see...
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14 July 03:00
Before our very eyes, the SEC is transforming from a regulatory zero to a regulatory hero. After being widely criticized for dropping the ball on…
Precedent Watch
14 July 01:30
Summer is turning up the heat in the northern hemisphere. As travelers are packing their bags, legal counsel of PRC hospitality and travel companies have been…
Precedent Watch
13 July 17:30
Under China’s Anti-Monopoly Law and the Filing Thresholds Regulations, the State Council has delegated to MOFCOM the right to investigate…
Precedent Watch - Guest Author
13 July 17:00
Canada's proposed national securities regulator would have a strong presence in all corners of the country, according to a blueprint released that also set new deadlines for reform...
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13 July 12:46
The trading of claims in bankruptcy cases fell to $2.1 billion in June, down for the second straight month, as several large companies prepared to exit Chapter 11...
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13 July 11:45
The Ontario Teachers' Pension Plan said that additional information offered by Magna International on its proposal to eliminate its multiple-voting shares...
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13 July 02:05
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Tuesday...
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13 July 02:00
The second largest U.S. mall owner said it has successfully restructured about $15 billion in project-level debt which will allow it to satisfy its debt and other claims in...
Reuters News
13 July 00:00
Essar Energy plc, the India-focused integrated energy company, today announced that its subsidiary, Essar Power Limited (EPL), has entered into binding agreements for...
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12 July 17:45
As Congress returns from a weeklong break, Senate Democrats are just short of the votes necessary to win passage of a landmark overhaul of financial regulations...
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12 July 13:33
U.S. bank regulators would have more power to examine the largest and riskiest institutions, under a new interagency memorandum approved...
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12 July 13:00
A bidding war for the bunny may be about to break out...
Reuters News
12 July 10:54
Aon Corp, the world's largest insurance brokerage, said it will buy Hewitt Associates Inc for $4.9 billion in cash and stock to create the world's largest human resources company...
Reuters News
12 July 07:00
Suspected Somali Islamists carried out two bomb attacks late on Sunday in the Ugandan capital that killed at least 64 people as they watched the World Cup final...
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12 July 06:30
Guxiang, a company that operates Google's websites in China, was included in a list of more than 200 companies that had their licenses renewed...
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12 July 02:00
In a sudden blast from the past, details of the US$1 billion deal between China Unicom and Spain’s Telefonica last year have finally been disclosed. The subscription agreement...
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12 July 01:45
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets...
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12 July 01:00
Intellectual property protections have been a hot button issue in Canada as of late, and businesses are taking note of recent copyright initiatives...
Precedent Watch
11 July 08:29
Troubled state conglomerate Dubai World has invited creditors to a July 22 meeting to offer details on its multi-billion dollar debt restructuring, the first session to include all lenders since December 2009...
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09 July 17:12
The Securities and Exchange Commission is looking at reevaluating its requirements regarding corporate risk disclosure and also considering more sweeping recommendations on...
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09 July 06:49
Vallar Plc, which is seeking to build up a mid-tier mining house from scratch, raised 707 million pounds in an initial public offering before formal trading begins on July 14, it said...
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08 July 09:37
Dubai Holding's main unit will not be repaying a loan due on Thursday, saying lenders have agreed to extend the $555 million credit, underscoring worries that Dubai's debt woes are far from over...
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08 July 03:00
Build America Bonds are turning out to be hot commodities, but in fact these investments may not be as much of a commodity as their traditional tax-exempt municipal brethren...
Precedent Watch
08 July 01:30
China's measures to gradually cool its property market will probably work, although more transparency is needed in bank lending to local governments...
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07 July 19:00
In early November, 2009, the merger-control regulator of the People’s Republic of China, the Anti-Monopoly Bureau under the Ministry of Commerce, announced…
Precedent Watch - Guest Author
07 July 18:00
Kendall Law Group, a national securities firm led by a former federal judge and a former U.S. Attorney, is investigating Avon Products Inc...
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07 July 16:29
The top U.S. securities regulator wants more feedback on its nearly year-old proposal to ban "flash orders," and has asked additional questions about the wisdom of the ban in the options market...
Reuters News
07 July 07:30
Total SA has agreed to buy UTS Energy Corp for C$1.5 billion ($1.42 billion) in cash, twice the amount the French oil major offered for the...
Reuters News
07 July 07:24
Kraft Foods Inc agreed to sell Cadbury Plc's chocolate confectionery business in Romania to Oryxa Capital for an undisclosed amount to meet the European regulatory requirement of its Cadbury acquisition...
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07 July 00:30
Brazilian steel producer Gerdau S.A., looking to establish full control of its Canadian JV Gerdau Ameristeel, recently announced that it has…
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07 July 00:00
Vantage Drilling Company announced that it has signed a definitive agreement to acquire the remaining 55% ownership interest in Mandarin Drilling Corporation...
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06 July 11:30
U.S. law firm Skadden, Arps, Slate, Meagher & Flom nailed the most lucrative tally of mergers and acquisitions worldwide in the first half of 2010, advising on $137 billion of deals...
Reuters News
06 July 10:37
Spanish motorway group Abertis' core owners and private equity firm CVC Capital Partners are set to secure 6-7 billion euros to fund their buyout of the firm next week, in spite of the ongoing global credit squeeze...
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06 July 05:15
The implications of the auction for Taiwan cable TV company CNS may be felt far wider than just by the seller and the buyers involved...
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06 July 03:08
Gulf stock markets will miss out on getting on the global investment map unless regulators take concrete action to address concerns raised by MSCI, who denied the region emerging market status for the second year running...
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06 July 01:00
The asset-backed commercial paper crisis of 2007-08 continues to have repercussions for Canada’s public issuers. And now, the CSA has proposed changes to…
Precedent Watch
06 July 00:30
Green Dot Corp, an issuer of general purpose reloadable prepaid debit cards, or GPR cards, has amended its $150 million initial public offering of…
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05 July 09:00
British builders merchant Travis Perkins is to buy BSS Group for an agreed 557.6 million pounds ($845 million) to become the country's biggest plumbing and...
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04 July 19:30
Wilmar International has entered an agreement with Australia's CSR Ltd to buy the latter's sugar and renewable energy business for A$1.75 billion ($1.47 billion)...
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02 July 07:49
Lloyd's of London insurer Brit Insurance said it had rejected an improved takeover proposal from U.S. buyout firm Apollo Management, but signalled it was ready to do a deal at the right price...
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02 July 06:30
Abu Dhabi investment vehicle Aabar Investments has launched syndication of a $2 billion loan that will mature on May 21, 2013...
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02 July 03:00
British power supply systems maker Chloride has recommended a $1.5 billion takeover by U.S. conglomerate Emerson Electric, bringing to an end a long-running bid battle...
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02 July 00:30
The deceptive quiet two weeks after the revaluation of the renminbi may continue on for some time. The renminbi, China's currency, which is also known as the yuan, was recently unpegged…
Precedent Watch
02 July 00:15
The private equity gambit of asset-shifting continues to find opportunistic participants…
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01 July 13:30
Venture-backed initial public offerings are the highest since before the financial crisis, even as venture-backed M&A activity is slipping, according to a survey by...
Reuters News
01 July 12:00
A private equity firm that has invested in several retailers has taken a 9.5 percent stake in BJ's Wholesale Club Inc and said it may propose taking the warehouse club operator private...
Reuters News
01 July 10:30
First Republic Bank, a lender to wealthy families that was prized by Merrill Lynch but deemed expendable by Bank of America Corp, celebrated its 25th birthday by...
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01 July 08:30
The House of Representatives approved a landmark overhaul of financial regulations but the Senate put off action until mid-July, delaying a final victory for President Barack Obama...
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01 July 04:00
Private equity firms completed two of the only significant buyout deals in Australia since the global financial crisis, led by the $570 million sale of university programme provider Study Group...
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01 July 02:21
U.S. engineering firm URS Corp won the bidding battle for British consultancy Scott Wilson Group after privately held CH2M Hill withdrew its offer, saying the acquisition no longer added value to the company...
Reuters News
01 July 02:00
Usiminas, Brazil's largest maker of flat steel, said it is selling 30 percent of its mining unit to Japan's Sumitomo Corp for $1.93 billion, in a bid to raise cash to develop its...
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01 July 02:00
A last minute $19 billion financial services tax and the passing of Senator Robert Byrd may be clouding the future of financial reform in the eyes of the media...
Precedent Watch
01 July 01:30
Sovereign credit risk is an issue beyond the Eurozone – to wit, South African credit, post-World Cup, is causing a stir…
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01 July 00:30
When the government both competes and regulates, the outcome of the competition should rarely be in doubt…
Precedent Watch
30 June 19:30
Amazon.com Inc said it signed an agreement to acquire online store Woot.com, which sells discounted products and operates an online community, for an undisclosed sum...
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30 June 19:30
ConocoPhillips said it completed the sale of its 50 percent stake in a truck stop joint venture to Pilot Travel Centers for $626 million, marking the latest step in its $10 billion asset sale plan...
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30 June 12:15
U.S. securities regulators voted to restrict a practice that has allowed money managers to make political contributions in hopes of winning business from pension funds...
Reuters News
30 June 10:00
From a legal perspective, BP's Deepwater Horizon blowout and the 1989 grounding of the Exxon Valdez are in many respects night and day...
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30 June 04:05
The Takeover Panel gave URS a slap over the wrist, saying the U.S. engineering firm's statement that it might raise its bid for consultancy Scott Wilson Group breached the takeover code...
Reuters News
30 June 03:00
Propco-opco structures are a lot like the movie Casino: Both bring together gaming with refrigerated storage, and both are fraught with conflict...
Precedent Watch
30 June 02:30
An agreement signed at the G20 summit last weekend between the Prime Ministers of Canada and India is expected to have a direct impact on deals between the two countries involving the sale of commodities, equipment and expertise...
Precedent Watch
30 June 02:00
Fraud has gone social media, and the SEC is onto it. Pump & dump schemes have moved from the classified pages and spam e-mail to Facebook and Twitter…
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30 June 01:30
The largest private equity deal of the year is one step closer to completion. Last week’s approval of Extended Stay’s disclosure statement by the bankruptcy court has paved the way for…
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30 June 01:00
Financial services disclosure has been of particular interest since the implosion of the global financial system...
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30 June 00:30
An oil spill webcam and Google Earth’s tracking of the spill’s progress in the Gulf have brought environmental concerns and liabilities to the forefront of at least one asset purchase agreement...
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29 June 12:41
Saudi Telecom Company, the Arab world's largest telecom company by market value, may buy 10 percent to 15 percent stake in a newly created GTL-Reliance Infratel tower unit...
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29 June 09:58
Spurned U.S. suitor Emerson Electric raised its cash offer for Chloride by more than a third to $1.5 billion, seeking to tempt the British group away from an agreed $1.25 billion (829 million pound) deal with...
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29 June 03:51
Europe's highest court backed on Tuesday an EU regulatory decision to drop an antitrust case against De Beers in return for a pledge by the diamond producer to stop buying rough gems from Russia's Alrosa...
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29 June 02:00
Canadian investors have been sending mixed messages to public issuers over the past few months on topics such as corporate social responsibility and say on pay. Though some may have proven all bark…
Precedent Watch
29 June 00:30
Bankruptcy, even Chapter 11 reorganization, usually completely wipes out the company’s shareholders. But Smurfit Stone Container and…
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28 June 16:26
Luxury hotel chain Mandarin Oriental International Ltd is planning on almost doubling its international presence in the next three years and sees China as a major focus, the company said on Monday...
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28 June 15:00
Tata Motors plans to raise about 47 billion rupees ($1.02 billion) through a combination of shares, bonds, debentures and other equity-linked instruments to cut debt and grow its business...
Reuters News
28 June 10:00
The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill...
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28 June 06:59
Electric carmaker Tesla Motors raised the number of shares it will sell in its initial public offering by 20 percent, an early sign that investor interest in the startup is strong...
Reuters News
28 June 04:31
The Group of 20 ended a summit saying its top priority was strengthening the shaky economic recovery and pledging to clean up debt-burdened public finances without stunting growth...
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28 June 03:00
Venture capital heavyweights have recently placed their collective weight behind one IPO, that of Asian player HiSoft Technology International Limited…
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28 June 02:34
Ports operator DP World, postponed plans to seek a dual listing on the London Stock Exchange in a surprise move, saying it needed to find an acceptable system to support the listing...
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28 June 02:30
The specter of TARP and troublesome economic times are still haunting Bank of America. In a recently released SEC staff comment letter, several items…
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27 June 21:19
Air China said late that it would buy 20 Boeing 777-800 airplanes for $1.4 billion...
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27 June 12:49
Kuwaiti telecoms firm Zain is in talks with Abu Dhabi's Emirates Telecommunications Corp (Etisalat) about selling a majority stake in the group...
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27 June 03:15
Talks to boost Telecom Egypt's stake in Vodafone's Egypt unit ended because the British firm insisted on selling all or none of its share...
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26 June 10:33
Dubai's ruler said the emirate would go forward with all development projects within a year in an interview with CNN broadcast, after billions of dollars worth of projects were cancelled in the wake of...
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25 June 14:00
A tough M&A climate can actually make for more iron-clad takeover deals...
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25 June 12:30
Pabst Blue Ribbon, the no-frills beer that was lately embraced by thrifty young urbanites, has been acquired by a Connecticut tycoon known for reinvigorating food brands...
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25 June 12:13
Buyout funds are making a comeback, scouring deals from Australia to America after nearly two years of virtual shutdown, but private equity-backed M&A volumes remain far short of the boom times...
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25 June 11:37
U.S. lawmakers hammered out a historic overhaul of financial regulations as dawn broke over the nation's capital on Friday, handing President Barack Obama a major domestic policy victory on the eve of...
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25 June 10:14
The vote on Magna International Inc's plan to pay its founder nearly $900 million to give up his controlling shares will go ahead, but only after the company complies with an order by an Ontario regulator...
Reuters News
25 June 07:00
Affinia Group Holdings Inc filed with the U.S. regulators to raise up to $230 million in an initial public offering (IPO) of common stock...
Reuters News
25 June 06:07
Vivendi hailed a U.S. Supreme Court ruling limiting foreign shareholders' rights to seek compensation in the United States...
Reuters News
25 June 05:17
PT Bakrie & Brothers, the holding company for Indonesia's Bakrie family, said on Friday it was considering a rights issue for PT Bakrie Telecom...
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