Mergers & Acquisitions

Tesla Wins U.S. Antitrust Approval to Buy SolarCity

Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday.   The deal was on

J.F. Lehman Acquires Oldenburg's Heavy Equipment Group

J.F. Lehman & Company (JFLCO) informs it has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.

UASC's Dismal Performance

 United Arab Shipping Company (UASC), which is close to merging with Hapag-Lloyd, revealed enormous deficits and a massive debt in its key financial figures, says Alphaliner.

BP's India Castrol Sale not yet Completed

An up to $261 million share sale in Castrol India Ltd by BP Plc due to take place on Wednesday according to a term sheet seen by Reuters had not taken place as of the end of the trading day,

PDC Energy to Buy Two Privately Held Companies

Oil and gas producer PDC Energy Inc said it would buy two privately held companies for about $1.5 billion to add acreage in the Delaware Basin in Texas.   Both

Sasol boosts Lake Charles Project Price

Petrochemicals company Sasol Ltd on Tuesday raised the price tag of its U.S. ethane cracker project to $11 billion from $8.9 billion, in line with an estimate it flagged to the market in June.

BP to Shed $261 mln Castrol India stake

Castrol Ltd, a unit of oil major BP Plc, is selling an up to $261 million stake in Castrol India Ltd in a block trade on Wednesday, according to a termsheet seen by Reuters.

Baltic Exchange Board Backs SGX Bid

The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd , a deal that will give SGX access to a trading platform for the multi-billion

Egdon Raises North Yorkshire Stake

Egdon Resources plc (AIM:EDR) has reached agreement to acquire an additional 20% interest in Petroleum Exploration and Production Licence PEDL068 from DESS Energy

State to Take Reins of Alaska LNG Project

 Alaska Gasline Development Corp. President Keith Meyer says the Big 3 oil companies are cooperating with the state’s desire to take full ownership of the AK LNG Project.

Enterprise Products Approached Williams over Acquisition

Enterprise Products Partners LP approached Williams Companies Inc earlier this summer about combining their businesses, two of the largest U.S. oil and gas pipeline operations,

ISS Opens in Amsterdam

Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, has opened an office in Amsterdam – the company’s second office in the Netherlands.

DP World H1 Profit Soars on Acquisitions

DP World, one of the world's largest port operators, reported a 50 percent leap in net profit for the first half of this year on Thursday, helped by the acquisitions

Broadwater Marine under New Ownership

Broadwater Marine, the largest yacht chandlery in the Philippines, announced today that it has been purchased by Australian businessman Peter Baird.   With close ties to the local boating community,

DP World Partners Hyperloop for Technology Evaluation

Global trade enabler DP World has signed a Memorandum of Understanding (MoU) with US-based Hyperloop One to explore the role of innovation in the future of world trade.

Gas Suppliers Praxair, Linde Hold Merger Talks

U.S. industrial gas supplier Praxair Inc and German peer Linde AG are in early-stage talks about a merger to create a market leader with a value of more than $60 billion,

Russia Hammering out Bashneft Privatization Rules

The Russian government will work out criteria for the planned privatisation of the mid-sized oil company Bashneft by the end of the month, the head of the Federal

Palfinger Ends TTS Group Acquistion Plan

Palfinger Marine GmbH has decided not to complete the planned acquisition of TTS Group. One of the closing conditions of the acquisition was that Palfinger Marine

WFW advises GPH on Venice Cruise Port Acquisition

International law firm Watson Farley & Williams advised Global Ports Holding on the acquisition of two significant stakes in Venezia Terminal Passeggeri S.p.A made via Venezia Investimenti S.

BBC Chartering launches office in Esbjerg, Denmark

BBC Chartering announces the re-launch of its presence in Denmark with a new representative office in Esbjerg opening August 15, 2016. “Global wind power saw an unprecedented growth recently,

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