Mergers & Acquisitions

Groundbreaking Ceremony for Seaspan's Vancouver Office

  Seaspan hosted a groundbreaking ceremony today to announce it has officially started construction on a new head office in North Vancouver. The 7,800 square metre (84,

Shipping to See Further Consolidation

 The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years.   If it goes through,

Alaska Buys TransCanada AK LNG Stake

 The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

ABB on Power Drive in Germany

  ABB increases stake in STRIEBEL & JOHN GmbH & Co. KG to 100 percent from 51 percent. ABB will combine the STRIEBEL & JOHN product range with its own range

CMA CGM to Acquire Neptune Orient

 France’s CMA CGM SA is in exclusive talks to buy Singapore’s Neptune Orient Lines Ltd (NOL), the shipping company and its Singapore’s Temasek Holdings Ltd., its largest shareholder, said.

Obama Urges Halt to Artificial Islands in S.China Sea

  U.S. President Barack Obama said on Saturday that countries should stop building artificial islands and militarising their claims in the disputed South China Sea.

CMA CGM in Talks to Buy NOL

  CMA CGM confirms that it has entered into exclusive discussions with Neptune Orient Lines Limited (NOL) and Lentor Investments Pte. Ltd. (a wholly-owned subsidiary

No Urgent Need for Petrobras Capital Injection

  There is no immediate need for a capital injection at Brazilian state-run oil firm Petrobras, Finance Minister Joaquim Levy said on Friday, downplaying media

Port Hedland to Enhance Capacity

  Modelling work over the past two years by the Pilbara Ports Authority (PPA) has identified opportunities to increase the shipping capacity in Port Hedland's

ACCC Approves Shell, BG Merger

  The Australian Competition and Consumer Commission will not oppose the proposed acquisition by Royal Dutch Shell (Shell) of BG Group (BG). “The ACCC’s view

China Leverages Gas Prices In Shell-BG Review

Chinese regulators ask Shell to cut long-term LNG prices. Chinese regulators vetting Royal Dutch Shell's proposed merger with BG Group are pressing the Anglo-Dutch

BUZZ: Shell/BG Spread Narrows after Aussie Approval

Investor confidence in Shell's proposed $70 billion acquisition of BG Group rose on Thursday after the merger won a key approval from Australian regulators.  

Cosco, China Shipping Mega Merger Deal May Get Green Signal Soon

 The merger deal of China’s two shipping gianst China Ocean Shipping Co., or Cosco, and China Shipping Group that could create the world’s fourth largest container

Britain's Centrica Sees Scope for Acquisitions in Norway

Britain's Centrica sees Norway as its main growth area for new production, and plans to make major acquisitions on the Norwegian continental shelf within a year or two,

Norway's Aker: No Change in Kvaerner Strategy

Norwegian conglomerate Aker ASA plans no change of strategy for it's majority owned oil services company Kvaerner after private equity fund HitecVision last week increased its ownership to 11.

Enel Approves Green Merger

Italian utility Enel on Wednesday approved a merger with its renewable energy subsidiary Enel Green Power to help boost growth as it cut its core earnings forecast for the next two years.

Royal HaskoningDHV Opens Office in Ho Chi Minh City

  International engineering and project management consultancy Royal HaskoningDHV has celebrated the opening of its new office in Vietnam in a ceremony which also

TransAtlantic to Sell Albania Assets

TransAtlantic Petroleum Ltd. today announced the launch of a marketing process for the sale of all of its oil and gas assets and operations in Albania, and provided

NOL Acquisition Soon?

 Neptune Orient Lines(NOL) confirmed that it is continuing in discussions with respect to a potential acquisition of the group as previously announced on Nov 7 on the local bourse,

China Merchants to Acquire Sinotrans

 Chinese transport giant China Merchants Group looks set to takeover Sinotrans & CSC in the potential merger between the two shipping giants in China, reports Reuters.

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